86% of Accounts Payable Professionals Willing To Pay More For Automated Payments, According to New Research from Weavr
- 9 months 2 weeks ago
- Payments
New research from embedded finance specialist Weavr reveals that a staggering 94% of Accounts Payable (AP) professionals would prefer their AP software to be able to execute payments, not just prepare them. Based on a survey of 250 UK finance and accounting professionals, the data shows a significant number of pain points within current industry solutions.
Monument Reaches New Growth Milestone: £2B in Customer Deposits, Raising £1B within Four Months
- 9 months 2 weeks ago
- Banking
Monument (or the “Bank”) proudly announces a significant milestone in its journey: it has reached £2 billion in customer deposits and interest-bearing assets, with £1 billion raised in just four months, from January to April 2024.
CFPB Publishes Research Finding Higher Price Complexity Leads Consumers to Pay More
- 9 months 2 weeks ago
- Personal Finance
Today, the Consumer Financial Protection Bureau (CFPB) issued a new report that suggests consumers tend to pay more for products that have more complex pricing structures. The report is based on experiments with multiple rounds of buyers and sellers interacting in simple markets, and found that participants tended to pay more when prices were broken into sub-parts and were harder to understand.
Topps Tiles Selects GoCardless to Launch Its Strategic Trade Pay offering, Deepening Its Footprint in the Trade Market
- 9 months 2 weeks ago
- Lending
Topps Tiles, the UK’s number one tile specialist, has tapped bank payments company GoCardless to power the payments behind Trade Pay, its newly launched trade credit scheme which gives traders the ability to regularly pay on credit in Topps Tiles stores.
Ansa Raises $14 Million Series A Funding to Redefine Merchant Transaction Solutions
- 9 months 2 weeks ago
- Fundraising News
Ansa, the fintech infrastructure solution enabling merchants to launch branded customer wallets, announced today a $14M Series A funding round. The round was led by Renegade Partners with participation from Bain Capital Ventures, B37 Ventures, Box Group, and Wischoff Ventures.
Almost 500 Fintech Deals Worth Approximately $70B Closed in Q1 2024, Royal Park Partners Reveals
- 9 months 2 weeks ago
- Infrastructure
Royal Park Partners (RPP), the leading fintech-focused corporate advisors, have released their latest Quarterly Fintech Market Update offering an essential view of global fintech investment and M&A trends shaping the sector.
Mohegan Digital Chooses PayNearMe as Exclusive Payment Provider for Pennsylvania Online Gaming
- 9 months 2 weeks ago
- Payments
PayNearMe, the fintech company bringing progress to payments, today announced Mohegan Digital, the iGaming division of Mohegan, has selected MoneyLine™ as its exclusive payments platform to facilitate the deposit and payout experience for its online gaming players in Pennsylvania. With MoneyLine, Mohegan Digital has access to the widest range of payment types, along with sophisticated fraud and risk prevention capabilities, through a single...
Plend and Monevo Partner to Provide More Inclusive Lending Options
- 9 months 2 weeks ago
- Lending
Plend, a UK-based consumer lender, has partnered with Monevo, an innovative credit eligibility and distribution platform, empowering over 150 credit providers and banks to host, manage and distribute pre-qualified credit offers. The partnership aims to provide more inclusive lending options by offering pre-qualified personal loans to customers across the UK, utilising Plend's proprietary technology.
Lumin Digital Selects Atomic as Partner for Direct Deposit, VOIE and Payment Switching
- 9 months 2 weeks ago
- Payments
Atomic is excited to announce a reseller partnership with Lumin Digital, a leading, future-ready and cloud-native digital banking solution. This collaboration brings direct deposit, verification of income and employment (VOIE), and payment method switching solutions to financial institutions aiming to secure more primary account holders and elevate the consumer banking experience.
Rimes Appoints Mark Sedgwick to Head up Manila Office
- 9 months 2 weeks ago
- People Moves
Rimes, a leading provider of enterprise data management and investment management solutions to the global investment community, is pleased to announce the relocation of Mark Sedgwick, global head of the firm’s Data Management Office, to Manila, Philippines. In addition to his existing position, Mark will head up the growing Manila office. Rimes currently employs almost 150 people in Manilla and is looking to expand this number in line with...
Insurance Startup Urban Jungle Raises $14M in Funding Round
- 9 months 2 weeks ago
- Fundraising News
Insurance technology startup Urban Jungle has raised £11.2M ($14.4M) in its latest funding round led by existing investors. Founded in 2017 by Jimmy Williams and Greg Smyth, the 70-strong, London-based company is changing the insurance industry by putting fairness at its core. This round brings the total amount raised by the business to £43.3M ($55M).
Ripple Joins Forces with HashKey DX to Introduce XRP Ledger-Powered Enterprise Solutions in Japan
- 9 months 2 weeks ago
- Supply Chain Finance
Ripple, the leading provider of enterprise blockchain and crypto solutions, has entered into a strategic partnership with HashKey DX, the Tokyo-based specialized consulting company of the HashKey Group, to introduce XRP Ledger (XRPL)-powered enterprise solutions to the Japanese market.
Delta Capita Acquires LSEG’s Client On-Boarding Solution
- 9 months 2 weeks ago
- Trading Systems
Delta Capita, a leading global Capital Markets consulting, managed services and technology provider, today announces it has acquired Client On-Boarding technology from LSEG (London Stock Exchange Group). Client On-Boarding (formerly known as GoldTier) is an end-to-end KYC client lifecycle management compliance solution leveraging best-in-class data and technology used by leading banks and financial services institutions globally.
Veritran and Swift Connect to Enhance User Experience and Increase Transparency in Cross-Border Payments
- 9 months 2 weeks ago
- Payments
Veritran announces a collaboration with Swift, the world's leading provider of financial messaging services, that will enable financial institutions to offer an enhanced and streamlined cross-border payments experience to their customers.
Libro Credit Union Selects nCino to Empower Employees and Positively Impact Ontario Community
- 9 months 2 weeks ago
- Banking
nCino, Inc. , a pioneer in cloud banking for the global financial services industry, today announced that Libro Credit Union has selected nCino’s Cloud Banking Platform to empower its employees through data, achieve faster time to value and create a smoother experience for customers.
