SME Cash Flow Crisis: Nearly Two-Thirds of Invoices Paid Late Across the UK
- 2 weeks 1 day ago
- Cash management
The late payment problem continues to weigh heavily on UK small businesses, with new research from accounting software company FreeAgent showing that almost two-thirds (62.6%) of invoices sent by SMEs in the last year were paid late. Late payment hotspots across the UK
Pleo Offers Finance Leaders Complete Visibility and Control with Launch of Cash Management Suite
- 2 weeks 2 days ago
- Cash management
Spend management fintech Pleo, today announced the launch of Pleo Cash Management for customers in the UK and Germany. The add-on tool gives finance teams complete visibility of company spend inside and outside of Pleo and one simple way to track, manage and optimise spending effortlessly. By freeing up time and providing real-time insights, the suite enables smarter, faster and more confident financial decisions.
Trustly Partners with Acres to Deliver Instant, Plug-and-Play Cashless Gaming
- 3 weeks 14 hours ago
- Cash management
Trustly, the global leader in Pay by Bank, today announced a partnership with Acres Manufacturing Company (“Acres”). This partnership includes implementing Trustly Scan & Pay, an envisioned holistic cashless gaming execution powered by Trustly’s Open Banking Payments, with Acres’ Universal Payment Adapter, enabling instant funding to any slot machine or table game.
More Rewards, More Flexibility: PayPal Introduces 5% Cash Back on Buy Now Pay Later Purchases This Holiday Season
- 3 weeks 2 days ago
- Cash management
PayPal today announced that U.S. customers will earn 5% cash back on PayPal Buy Now Pay Later (BNPL) purchases between now and the end of the year1. As 60%2 of shoppers feel more financial stress heading into this holiday season, PayPal, one of the leading BNPL providers worldwide, is helping to make it easier to manage spending this holiday season. With PayPal's BNPL offering, shoppers can split purchases into convenient payments and earn cash... more
Moto and NCR Atleos Extend Collaboration, Expanding Self-Service Cash Access
- 3 weeks 3 days ago
- Cash management
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Moto has extended its relationship with Atleos, delivering convenient, secure access to cash through the NCR Atleos Cashzone Network, which now includes more than 16,000 ATMs across the UK.
Yeeld And WealthKernel Team Up To Simplify Money Management And Investing
- 4 weeks 1 day ago
- Management
WealthKernel, a digital investing infrastructure provider, today announces a partnership with Yeeld, an AI-powered financial assistant built to make money management simple and accessible.
British AI Firm To Lead Risk Analysis For Emerging Market Debt Database Run By Development Banks
- 1 month 12 hours ago
- Management
Galytix, the leading Agentic Artificial Intelligence company for financial services, today announced its appointment as part of a supplier consortium with PwC to support the Global Emerging Markets Risk Database (GEMs) Consortium to transform how the Consortium and broader audiences access and use credit risk statistics for emerging markets and developing economies (EMDEs).
Fiserv Signs Definitive Agreement To Acquire StoneCastle Cash Management
- 1 month 14 hours ago
- Cash management
Fiserv, Inc., a leading global provider of payments and financial services technology, today announced it has signed a definitive agreement to acquire StoneCastle Cash Management. StoneCastle enables its network of depository institutions, primarily community banks and credit unions, to easily access stable, cost-efficient deposit funding from thousands of businesses and enterprise customers holding cash balances.
Pleo Launches Embedded Finance Solution, Giving Partners Instant Access To Industry-Leading Spend And Cash Management For SMBs
- 1 month 5 days ago
- Cash management
Pleo today unveiled Pleo Embedded, a new solution that empowers businesses managing large networks of SMB customers to offer real-time financial intelligence via spend and cash management capabilities directly from their own platform.
Almost Half of Britons Report Better Cash Access One Year After FCA Rules
- 1 month 1 week ago
- Cash management
Ahead of the one-year anniversary of the FCA’s Cash Access regulatory regime on 18th September 2024, NCR Atleos, the UK’s largest ATM operator and a leading provider of shared banking services, anonymously surveyed the public through an On Screen Questionnaire at 7,334 ATMs nationwide. The findings highlight the importance of cash in a time of financial strain: the FCA’s Financial Lives 2024 report revealed that 13.1 million adults have low... more
Access PaySuite Launches AI-Powered Income Management EVO to Transform Public Sector Financial Management
- 1 month 1 week ago
- Management
With public sector teams under increasing pressure from more demand, limited resources and disconnected systems, Access PaySuite has unveiled Income Management Evo, its next generation, AI-powered software experience.
Communities Use Rules to Successfully Maintain Access to Cash
- 1 month 1 week ago
- Cash management
The rules mean that before banks and building societies change cash services, such as closing a branch or ATM, they must assess the impact. If significant gaps in cash access are found, they must plug them. Monmouth is the 121st banking hub to open in 12 months. A further 93 cash deposit services – such as ATMs and Post Office counters - have also been set up. 20 of the banking hubs were established following requests from local communities... more
Insignis Unveils New “Forever” Cash ISA, Simplifying Savings for Clients and Advisers
- 1 month 3 weeks ago
- Cash management
Insignis, the leading cash management platform, has launched a new, multi-bank “forever” cash ISA that lets savers access market-leading rates and diversify their cash holdings through a single application, facilitating better long-term financial planning.
PayPal Selects Nova Credit to Power U.S. Cash Flow Underwriting
- 1 month 3 weeks ago
- Cash management
Nova Credit, a leading credit infrastructure and analytics company, today announced that PayPal, one of the world’s largest digital payment platforms, has selected Nova Credit’s Cash Atlas® to incorporate cash flow underwriting capabilities across its growing portfolio of consumer credit products.
Tesco Insurance and Money Services Renews Relationship With Loomis and NCR Atleos, Expanding Access to Cash Across the UK
- 1 month 3 weeks ago
- Cash management
Loomis AB, a leading global cash and payment service provider, and NCR Atleos, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced the renewal of their relationship with Tesco Insurance and Money Services (IMS) in the UK. This renewal marks the continuation of a successful 10-year relationship that has delivered access to cash across the UK via Tesco IMS’s network of ATMs, the... more
