Cost of Consumer Credit Ratchets Up Again in August
- 3 years 5 months ago
- Lending
The latest Bank of England figures1 reveals that quoted household interest rates on consumer credit products continued to rise in August amid an economic environment of rising interest rates, mortgage rates and inflation.
Finaro Champions the ‘Five Nines’ that are Driving Partnerships and APM Momentum Throughout 2022
- 3 years 5 months ago
- Money Transfers
Finaro, the global cross-border payment provider and fully licensed bank making complex payments brilliantly simple, has announced that it is on track to surpass over $1 billion of transaction volume processed in 2022, with its gateway platform incentivising new commercial partnerships and rapid merchant uptake of alternative payment methods (APMs).
TerraPay and NPCI International Collaborate to Drive Seamless Merchant Payments via UPI-enabled QR Codes
- 3 years 5 months ago
- Payments
In a strategic move to further strengthen its cross-border payment solutions, TerraPay, a leading global payments infrastructure group today announced its partnership with NPCI International Payments Limited (NIPL), the International arm of National Payments Corporation of India (NPCI).
Tidypay is Pleased to Announce a New Partnership with GS Systems
- 3 years 5 months ago
- Payments
Tidypay and GS Systems have recently partnered where our payment services and their solutions will help enter, establish and further expand our combined offerings in new markets. With the payment industry increasingly playing a critical role in every aspect of different businesses, companies recognise that they need to accelerate and invest in the future of payments.
Acuiti Launches Systematic Hedge Fund Expert Network
- 3 years 5 months ago
- Infrastructure
Acuiti today launches its Systematic Hedge Fund Expert Network, the latest in its series of derivatives-focused networks of senior market executives. Acuiti Expert Networks provide a virtual forum through which senior executives in a given market can gauge sentiment and benchmark approaches to common challenges.
Report: eWallets Surge in Popularity, as Mobile Payments See Steady UK Growth
- 3 years 5 months ago
- Payments
Mobile payments are now the predominant form of payment for Brits, with nearly half (43%) making purchases via their mobile on a weekly basis.
Fondy to Offer Merchant Customers Virtual IBAN Accounts and More Through New ClearBank Integration
- 3 years 5 months ago
- Digital banking
ClearBank, the enabler of accounts, real-time clearing, and embedded banking for financial institutions, today announced its integration with Fondy, a one-stop payment platform, to provide e-commerce companies with an efficient, easy-to-implement shop payment solution. This solution will allow companies to manage and control their money flow – from acceptance of payments, IBAN accounts, and payouts to third parties.
3 Out of 4 of European Businesses Have Invested in AI for CX, Odigo Reveals
- 3 years 5 months ago
- Artificial Intelligence
75% of business executives are using artificial intelligence for customer experience (AI for CX), but only 20% of business executives rate their own contact centre as delivering industry-leading CX, according to the latest research by Davies Hickman for Odigo, a leading global provider of Contact Centre as a Service (CCaaS) solutions. The findings also reveal that European executives see investing in cloud and AI as becoming central to CX...
Onfido Launches Motion, the Next-Generation of Facial Biometric Technology, Improving Verification Speed by 12X
- 3 years 5 months ago
- Digital Identity
Onfido, the leading global digital identity verification and authentication provider, today unveiled Motion, a next-generation biometric liveness solution to enhance its Real Identity Platform, launched in May. Motion delivers seamless, secure, and inclusive customer verification and is iBeta Level 2 certified. With a simple head-turn capture, businesses can automate customer onboarding, and assess more customers, more quickly and efficiently...
SWK Bank and Cloud Banking Platform Mambu Partner for Fast and Flexible Banking Services
- 3 years 5 months ago
- Banking
One of Germany's leading direct banks, SWK Bank based in Bingen am Rhein, has partnered with the leading cloud banking platform, Mambu to offer new services to the DACH market. The companies are bundling their complementary service offerings in Banking as a Service (BaaS) and Software as a Service (SaaS), to create a new joint offering for B2B customers.
UK Consumers Struggling with Cost-of-living and Inflation, as Almost Half Report Finding it Harder to Make Minimum Monthly Credit Card Payments
- 3 years 5 months ago
- Personal Finance
Marqeta, the global modern card issuing platform, has today released its State of Credit research revealing that almost half (48%) of UK consumers are struggling to make minimum monthly payments on their credit cards as the cost-of-living crisis bites.
Cello Raises €2.3M to Build the World’s First User-Led Growth Platform for SaaS
- 3 years 5 months ago
- Fundraising News
Cello has raised €2.3m in pre-seed funding, in a round led by byFounders, with participation from Tiny VC, Possible Ventures and Notion Capital; together with operator angels from Youtube, Personio, McMakler, and others.
Goldman Sachs Expands Transaction Banking to the European Union
- 3 years 5 months ago
- Transaction Banking
Goldman Sachs today announced it is expanding Transaction Banking (TxB) to the European Union. Originally launched in the US in 2020 and expanded to the UK in 2021, this growth will deepen Goldman Sachs’ relationships with existing clients who have banking needs in the EU and allow us to serve new clients across the Continent.
Sardine Raises $51.5M Series B to Provide Real-time Fraud Prevention For Fintech and Web3 Companies
- 3 years 5 months ago
- Fundraising News
Sardine, a behaviour-based fraud and compliance platform for fintechs developed by Coinbase, Revolut and PayPal veterans, has raised $51.5 million in a Series B funding round led by Andreessen Horowitz's growth fund.
Revolut Launches Revolut Pro Account for Income, Payment and Expense Management for Freelancers, Gig Workers and the Self-employed
- 3 years 5 months ago
- Digital banking
Revolut has introduced a dedicated income, payment and expense management account for freelancers, sole traders, contractors, and the self-employed. Housed within the Revolut retail app, Revolut Pro is initially launching in the UK and seven other European countries, providing a free account with no monthly fees, and no deposit or balance requirements.
