Poor Payment Experiences Cause 62% of Luxury Brand Consumers to Shop Elsewhere
- 3 years 9 months ago
- Payments
New report finds luxury shoppers are turning their backs on brands due to security issues, tedious returns processes, and slow authentication 62% of luxury brand consumers will shop elsewhere if retailers provide a poor payment experience, according to research published today by Vyne.
NFTs Provide Loophole for Russian Money Laundering
- 3 years 9 months ago
- Cloud, AML and KYC, Financial
SmartSearch, the UK’s leading anti-money laundering solution, is warning of the dangers of Non-Fungible Tokens (NFTs) being used to get around sanctions. “When new technology is launched, fraudsters and money launderers are never far behind.,” cautioned Martin Cheek, managing director at SmartSearch.
O2W Leading Software Picks Nordigen as Their Open Banking Service Provider
- 3 years 9 months ago
- E-Commerce, Open Banking
Ecommerce and custom web development company
Record Number of European Consumers Abandon Financial Applications During Onboarding
- 3 years 9 months ago
- Digital Identity
68% of consumers have abandoned a financial application, up from 63% in 2020 This highlights the “expectation paradox” where, despite improvements in the onboarding process, consumer expectations and abandonment rates are increasing 92% of consumers are concerned about how financial service providers use their data
PSL Achieves £80billion of Assets Under Management on the Phoebus Servicing Solution
- 3 years 9 months ago
- Asset Management
Following a hugely successful year of growth for Phoebus Software Limited (PSL), the balances of loans and savings serviced on the Phoebus servicing platform have now increased to over £80 billion.
CYOTC: Brand New Store Launch at Yuen Long
- 3 years 9 months ago
- Investment, Bitcoins
In recent years, the emerging investment industry - cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, etc., have become a new trend in the market. Entering 2022, Bitcoin has fallen rapidly within 10 days, with a single-day drop of 5%, which has caused many investors to worry. Although the investment risk of cryptocurrency is high, stable coins are one that can play a risk-averse role for investors. In 2022, CYOTC has launched their store in...
Credit Card Challenger Yonder Emerges From Stealth With £20M Seed Funding
- 3 years 9 months ago
- Fundraising News, Credit Cards
Northzone and LocalGlobe back new fintech’s ambition to rebuild customers’ relationship with credit.
BingX Introduces Innovative Spot Grid Copy Trading to Let Anyone Execute Consistent Trading Strategies
- 3 years 9 months ago
- Trading Systems, Cryptocurrencies
BingX, the leading crypto social trading platform, has introduced a new Spot Grid Copy Trading feature, offering unprecedented flexibility to users.
Worldline Transforms Carrefour Proximité Customers’ Smartphones to Reduce Store Waiting Times With Its WL Scan & Pay Solution
- 3 years 9 months ago
- Payments
Worldline, a global leader in payment services, has extended Scan & Go to nine Carrefour Proximité stores in March 2022.
Natixis Corporate & Investment Banking Partners With Ncino to Expand Its Digital Capabilities in Its Financing Activities
- 3 years 9 months ago
- Banking, Cloud
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, and Natixis Corporate & Investment Banking (Natixis CIB) announce their partnership to streamline and automate several of Natixis CIB’s processes.
Younger Generations Turn Their Back on Banks Without Strong Environmental Credentials
- 3 years 9 months ago
- Open Banking
· Clear majority (62%) of 18-34 year olds want more information about their carbon footprint, and over half (53%) expect their financial services provider to do more to help them reduce it · One in four (23%) 18-34s already track their environmental impact through an app and nearly half (43%) would switch to a new financial provider who allowed them to see the environmental impact of their purchases
Blockchain Hackers Stole Nearly $700 Million in Q1 2022
- 3 years 9 months ago
- Blockchain, Cryptocurrencies
Attacks on various crypto projects and ecosystems brought millions of dollars to hackers and scammers. According to the recent findings by the Atlas VPN team, blockchain hackers stole $682 million in 72 hack events throughout Q1 2022. In addition, hacks on Solana and Binance Smart Chain ecosystems attributed to more than half of the losses during this quarter.
Klarna Launches ‘Klarna Kosma’ Sub-brand and Business Unit to Harness Rapid Growth of Open Banking Platform
- 3 years 9 months ago
- Payments, Retail Banking
Major strategic move sees Klarna target financial services businesses with dedicated business unit Klarna’s Financial Technology Platform now connects to over 15,000 banks across Europe and the US, making it one of the most comprehensive bank aggregators in the world.
DataBP Expands Data Services Business with MarketAxess
- 3 years 9 months ago
- Data
DataBP, the data licensing and commercial management platform, today announced that MarketAxess, the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, is leveraging DataBP’s services to support and automate data licensing and post-sales processes.
81% of Global Financiers Say Legacy IT Inhibits Business Change
- 3 years 9 months ago
- Financial, Insurance
Appian today reveals that global leaders in financial services and insurance (FSI) believe that legacy IT infrastructure and applications are holding back their business transformation aspirations and automation objectives.
