Uk Savings Soar Yet £225bn Remains in Non-interest Bearing Deposits
- 3 years 1 month ago
- Personal Finance
Record £125bn added to saving reserves during lockdown1, average £5,000 per household Interest rates remain at historically low levels2 Bank of England estimates £1.6tr in household cash deposits - £225bn in non-interest bearing deposits3
Marqeta Releases New API-Driven Credit Card Issuing Platform
- 3 years 1 month ago
- Payments
Marqeta has developed a new credit card issuing platform to help the world’s innovators launch cutting-edge credit products in an industry dominated by traditional players. This move into credit rounds out Marqeta’s comprehensive card issuing platform, which allows them to power any card type – credit, debit, and prepaid – through Marqeta’s modern card issuing platform.
Goode Intelligence Biometric Summit 2021 To Kick Off On April 13
- 3 years 1 month ago
- Digital Identity, Authentication Technology
Goode Intelligence (www.goodeintelligence.com) is delighted to announce that Biometric Summit 2021 will take place on Tuesday 13th April as an online event.
Genetec Launches New State-of-the-Art Virtual Experience Center
- 3 years 1 month ago
- Security
Genetec Inc. (“Genetec”), a leading technology provider of unified security, public safety, operations and business intelligence solutions, today announced the launch of its brand new Virtual Experience Center. The platform enables channel partners and end users to easily and efficiently collaborate with Genetec employees to discuss projects, view demos and access materials, in one virtual environment from anywhere in the world.
ING to Leave Czech Retail Banking Market by End-2021
- 3 years 1 month ago
- Banking
ING is announcing today that it intends to withdraw from the retail banking market in the Czech Republic. Raiffeisenbank Czech Republic has agreed to prepare a welcome offer for ING’s retail customers in the Czech Republic.
Spotex Clients Access Cobalt’s Dynamic Credit Solution
- 3 years 1 month ago
- Credit Risk
Cobalt, a multi-award-winning provider of FX and Digital Asset risk and settlement infrastructure, has partnered with Spotex, the developer of FX technology solutions, to provide clients with dynamic credit management tools. Through the partnership Cobalt’s Risk Hub will be available for clients of Spotex’s FX electronic communication network (ECN).
Tinkoff Launches Tinkoff Checkout, a Payment Service for Businesses
- 3 years 1 month ago
- E-Commerce, Payments
Tinkoff launches Tinkoff Checkout, an online and offline payment service for legal entities. Tinkoff Checkout will operate as a one-stop shop, enabling companies to take care of all of their online and offline financial needs in one place.
Origin Launches Airbrush, a Universal Data Standard Aiming to Optimise Bond Issuance
- 3 years 1 month ago
- IT Innovations
New open source data standard for bond issuance systems launched by Origin with the support of Clearstream and the Luxembourg Stock Exchange The initiative provides a universal data language for post-trade market participants, with the aim of enabling straight through processing across the ecosystem by standardising data exchange, making communication more effective and the entire process more efficient, accurate and integrated
NALA Enters the UK Market, Powered by Modulr
- 3 years 1 month ago
- Payments
This will enable the Accel backed FinTech to launch an array of financial services, including payments from the UK to East Africa. Over 70% of payments to Africa are still sent in cash using over the counter services. Many of these services have been suspended or limited due to coronavirus restrictions, leaving people with pricey, unreliable or hard to access alternatives.
Retailers Need to Deliver Better Rewards to Ensure Customer Loyalty
- 3 years 1 month ago
- E-Commerce
Rewards programmes are not delivering on their promise to drive customer loyalty for retailers, according to the latest research from Adyen, the payments platform of choice for many of the world's leading companies. The majority of customers (55%) say that rewards programmes do not offer things they actually want and that customer experience holds almost equal influence when it comes to loyalty (48%).
HSBC Expands Use of Moody’s Analytics Pension Risk Management Solution
- 3 years 1 month ago
- Risk Management
Moody’s Analytics today announced that HSBC will be extending its contract and expanding its use of the Moody’s Analytics PFaroe™ DB software, a risk analytics and reporting solution for the defined benefit (DB) pensions market.
SIX Adds Wealth Management APIs to the b.Link Open Banking Platform
- 3 years 1 month ago
- APIs, Open Banking, Management
As a member of the OpenWealth Association, SIX is launching three new interfaces for Swiss wealth management on the b.Link open banking platform. The association created by industry representatives agreed the common API standards last December. The wealth management interfaces will go live on b.Link this year. Banks will be able to connect with external asset managers via portfolio management system providers. For many banks, the new wealth...
VIALET Launches New Credit Product Using Moorwand’s Issuing Services
- 3 years 1 month ago
- Banking, IT Innovations
Moorwand, which aims to transform compliance into an enabler of innovation, today announced it has been selected by VIALET as the issuer and BIN Sponsor for its new credit product.
60% of Global Consumers Are Using Universal Mobile Wallets in the Digital Acceleration
- 3 years 1 month ago
- E-Wallets
As more people become accustomed to the security and convenience of the digital channel, digital transactions including mobile wallet payments are continuing to increase.
State Street Unveils New Investment Research Platform, Insights
- 3 years 1 month ago
- Data
State Street Corporation has announced the launch of Insights, a new research platform that offers clients proprietary research, exclusive data-driven indicators and the latest market commentary from the firm’s team of global macro strategists. Insights gives investors access to State Street Global Markets’ multi-asset research offerings in an intuitive and interactive format tailored to their interests.