UTP Group Experiences 300% Increase in Demand for Faster Processing
- 2 years 9 months ago
- Payments
UTP Group (UTP), a European card payment solutions provider, which now has UK operations in Manchester, Hastings and Reading, is seeing increased demand for its services as more and more merchants look to quick and convenient fintech solutions to aid business recovery. UTP has seen:
Corefy Announces Launch of a New Regional Office to Expand its Presence in the APAC Region
- 2 years 9 months ago
- Payments
Payment orchestration platform Corefy has today announced the opening of the first Regional Office in the Asia-Pacific region with the aim to expand the company's global coverage.
The Finance Sectors Fintech is Disrupting Right Now
- 2 years 9 months ago
- Blockchain, Cryptocurrencies
The global fintech sector is expected to be worth more than $324 billion by 2026, growing significantly each year. In terms of geography, APAC and the Americas are those that are flourishing the most, closely followed by Europe. The former share some 40% of the market between them. Fintech is present in almost every industry, but which is it disrupting the most?
Bybit Taps Sumsub to Provide a Secure Trading Experience for 2mln Users
- 2 years 9 months ago
- Digital Identity, Trading Systems, Cryptocurrencies, AML and KYC
Bybit, one of the top five major cryptocurrency exchanges, partners with leading identity verification solution provider Sumsub to eliminate possible safety threats for millions of users. The companies will achieve this through enhanced KYC/AML routines and secure identity checks that take no longer than 5 minutes, even in the most complex cases.
IXOPAY Partners with SHS Viveon
- 2 years 9 months ago
- Payments
The industry leading payment orchestration platform, IXOPAY has partnered with SHS Viveon, industry pioneers in risk, credit and compliance management. The strategic partnership will see IXOPAY and SHS Viveon provide clients with a payment solution that enables them to have flexibility, independence, and optimized risk & credit management in an integrated platform, letting them focus on their core business.
Gregfins Upgrades its PFM app with Salt Edge Open Banking Technology
- 2 years 9 months ago
- APIs, Open Banking, Payments
Gregfins, a UK-based PFM app, joined forces with Salt Edge, leader in developing open banking solutions, to empower its end-customers to connect and access all bank accounts in one app. 70% of Millennials and Gen-Z use from 3 to 6 different payment providers. More than half would like to have their expenses, currencies, bills, accounts, investments, and other financial information in one place, where they can keep track of all their activities.
Cyberport Academy Lunches Green Finance Speaker Series to Promote the Development of Green FinTech
- 2 years 9 months ago
- Cryptocurrencies, FinTech StartUps, IT Innovations
Cyberport Academy will host a Green Finance Speaker Series to promote green finance in Hong Kong with FinTech support in light of the rise of green finance. Cyberport believes that FinTech can empower the development of green finance and is committed to playing a role in promoting green FinTech to strengthen Hong Kong as an international financial centre.
JPMorgan To Offer Retail Crypto Funds Access
- 2 years 9 months ago
- Bitcoins, Cryptocurrencies, Banking
JPMorgan Chase has made history as the first big US bank to offer crypto funds to retail customers beyond the very wealthy, per Insider.
SWIFT Launches SWIFT Go, a fast, Cost-effective Service for Low-value Cross-border Payments
- 2 years 9 months ago
- Transaction Banking, Payments
- New service enables businesses and consumers to send payments in seconds with full transparency and strong security - SWIFT Go is a key building block in the co-operative’s strategy to enable instant and frictionless cross-border transactions - Seven leading global banks already live with the service
Bitcoin Bolstered As Amazon Appears To Dip Its Toe Into Crypto World
- 2 years 9 months ago
- Investment, Bitcoins
Bitcoin bolstered as Amazon appears to dip its toe into crypto world. Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown ‘’When a simple job ad appears to spark resurgence in the value of Bitcoin, it shows how the crypto world is salivating for every nugget of news about the future use case for digital currencies.
New Barclaycard Cashback Rewards Enables Cardholders to Earn Cashback from Their Favourite Retail Brands
- 2 years 9 months ago
- Transaction Banking, Money Transfers, Credit Cards
Barclaycard Visa credit cardholders can earn up to 15 per cent cashback at their favourite retailers online and in-store with the new Barclaycard Cashback Rewards The new rewards programme provides personalised offers at brands across retail, hospitality and leisure Cashback can be redeemed towards a credit card balance, traded up for an e-voucher, or donated to a customer’s preferred charity
NewDay Launches Bip the UK’s first Digital Only Credit Card
- 2 years 9 months ago
- P-Cards, Credit Cards
Experience designed around the customer – offering simplicity and control Complete transparency: one, simple APR and no fees UK’s first truly virtual credit offering with no plastic card. CVV and full functionality delivered from within the app and digital wallet of the customer’s mobile phone
Baton Systems Commits to Updated FX Global Code and Providing Access to PvP Settlement For All Market Participants
- 2 years 9 months ago
- Asset Management, Payments
Baton Systems, the market solution transforming asset movements and settlements, today became a signatory to the updated FX Global Code, underscoring its commitment and support to firms keen to eliminate settlement risk by enabling real time, payment-versus-payment (PvP) settlement for all market participants.
FICO UK Credit Market Report May 2021: Markedly Lower Year-On-Year Increase in Credit Card Spend Suggests Consumers Are Adjusting to ‘New Normal’
- 2 years 9 months ago
- Management, Payments, Credit Cards, Data
4 percent rise in credit card spend and 10 percent increase in payments to balance reflects continued use of pandemic savings, plus pragmatic financial management with end of government support on the horizon Highlights Third consecutive monthly increase in credit card spend – but growth rate slowing at 4 percent
Mastercard and Lloyds Bank Partner on New Open Banking Checkout Solution
- 2 years 9 months ago
- Open Banking, Payments, Banking
· Lloyds Bank Commercial Banking will be utilising Mastercard’s Open Banking Merchant Payment Solution to launch PayFrom Bank. · The solution enables individuals to make online payments directly from their bank accounts, giving consumers more choice over how they pay and providing merchants with instant settlement of funds · United Response, a charity supporting vulnerable people, is the first merchant to sign up.
