Half of Brits Are Now More Wary of Online Banking, as Official Figures Reveal Steady Drop in Positivity Since 2020
- 9 months 12 hours ago
- Personal Finance
Half of Brits are more wary of using online banking and banking apps now than they were 4 years ago, according to new research from personal finance comparison site finder.com. The most common reason for this decline in confidence was concern about online fraud when using these platforms, with over a third (35%) of UK adults citing this reason.
Harness Raises $150 Million in New Financing
- 9 months 13 hours ago
- Fundraising News
Harness, the Modern Software Delivery Platform® company, today announced $150 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital, Inc.. The investment will be used strategically to support the expansion of the Harness platform, including the addition of new modules, further integrating generative AI into the platform, and additional investments in the company's go-to-market engine.
Dubai FinTech Summit Concludes with Over 8,000 Visitors from 118 Countries
- 9 months 14 hours ago
- FinTech StartUps
The 2nd edition of Dubai FinTech Summit (DFS) organised by Dubai International Financial Centre (DIFC), under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC, concluded with resounding success. The 3rd edition of the Dubai FinTech Summit will be held on 7-8 May 2025, also under the directives of His...
AbbeyCross Emerging Market FX payments platform hits key milestone: Launch of ABX Studio with US Tier 1 Bank
- 9 months 14 hours ago
- Trading Systems
AbbeyCross, the company focused on transforming the FX and payments landscape for Emerging Markets (EM), announces the launch of ABX Studio with its first US Tier 1 bank client. ABX Studio, the first solution to go live on the ABX Platform, provides unique emerging market FX pricing data directly from multiple EM payments providers, enhancing price discovery and comparison, to support deliverable payments to emerging markets.
Napier AI and Salt Bank Partner to Secure NextGen Banking in Romania
- 9 months 15 hours ago
- AML and KYC
Napier AI, the London-based financial crime compliance RegTech, is pleased to its solution as the anti-money laundering (AML) platform for Salt Bank, the first Romanian neobank with the fastest growing in Southeastern Europe.
PayJoy Launches the PayJoy Card, Helping Customers Build Credit and Achieve Economic Freedom
- 9 months 15 hours ago
- e-Payments
90% of Klarna Staff Are Using AI Daily - Game Changer for Productivity
- 9 months 15 hours ago
- Artificial Intelligence
Klarna, the AI-powered global payments network and shopping assistant, today announced another milestone in its advanced adoption of AI technologies:
BKN301 Introduces Cutting-edge BaaS Orchestrator Platform to Empower Banks and Fintech Companies
- 9 months 15 hours ago
- Payments
BKN301 Group, a leading digital payments and Banking-as-a-Service with a focus on EMEA region, unveiled its cutting-edge BKN301 BaaS Orchestrator solution with the objective of radically transforming financial landscape. The cutting-edge platform seeks to empower businesses of all sizes, particularly fintech companies and traditional banks, with the capability to incorporate financial features into their existing value propositions.
Capital.com Announces Appointment of Rupert Osborne as UK CEO
- 9 months 15 hours ago
- People Moves
Capital.com, the global retail trading platform whose volumes surpassed USD$1trn in 2023, is pleased to announce the appointment of Rupert Osborne as CEO of Capital Com UK Limited (Capital.com UK), subject to regulatory approval.
Banking Circle Helps Smaller Banks Fast-Track to Comply With EU SEPA Instant Mandate
- 9 months 17 hours ago
- Banking
On 7th February 2024 the European Parliament mandated that instant payments (in less than 10 seconds) should be the de facto standard for consumers and businesses in the SEPA zone, with a deadline set of 9th January 2025 to deliver this service. For smaller banks with already stretched IT and development resources, less than 12 months to make significant infrastructure changes could be a step too far. Recent insight suggests that more than 40%...
Barclays Bank Goes Live on CLS’s Cross Currency Swaps Service
- 9 months 17 hours ago
- Transaction Banking
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announced that Barclays Bank has officially gone live on its Cross Currency Swaps (CCS) service.
Wirex Chooses OpenPayd to Launch Embedded Accounts Across UK and EEA
- 9 months 17 hours ago
- Banking
Today, leading embedded finance and Banking-as-a-Service (BaaS) platform, OpenPayd announces its partnership with Wirex, a prominent Web3 money app, to provide named virtual IBANs to its customers across the UK and European Economic Area (EEA) strengthening Wirex’s core mission to provide easy, fast and secure payment metho
Worldline Partners with Visa to Launch Virtual Card Issuing Solution for Online Travel Agencies
- 9 months 17 hours ago
- Payments
Worldline, a global leader in payment services, today announced a strategic partnership with Visa, a global leader in digital payments, to launch a new virtual card issuing solution. This strategic collaboration marks a pivotal moment, propelling Worldline beyond payment processing and into direct card issuance. The project will focus on the Online Travel Agency (OTA) market due to a high demand for this solution and Worldline’s strong heritage...
Presidents Choice Financial® Selects Temenos to Expand Banking Business
- 9 months 17 hours ago
- Banking
Temenos today announced that President's Choice Financial® (PC Financial®), part of Loblaw Companies Limited – Canada’s leading food and pharmacy retailer, has selected Temenos to extend its reach into the Canadian banking market. PC Financial® will adopt Temenos retail core banking solution as SaaS on Microsoft Azure, enabling it to scale products and expand its banking proposition rapidly.
Temenos Introduces Temenos Positions to Transform Banking Operations
- 9 months 17 hours ago
- Banking
Temenos today introduced Temenos Positions, a financial processing solution designed to transform banking operations for institutions with complex, multi-core systems across multiple lines of business in both Retail and Corporate banking.
