Delio Warns Private Markets Firms to Act Now as FCA Launches Enhanced Financial Promotions Regulations Alongside Consumer Duty Guidance
- 3 days 22 hours ago
- Management
The FCA’s enhanced financial promotions regulations that all regulated institutions must comply with begin to take effect this week, and fintech Delio is warning firms that offer their clients access to alternative assets to ensure that their regulatory processes comply with the new rules in order to avoid the risk of unlimited fines or criminal prosecution.
HELPFUL Unleashes Full Potential of the Thriving Creator Economy, with Groundbreaking ‘Pay Instantly, Anyone, Anywhere’ Global Payout Technology
- 3 days 22 hours ago
- Payments
HELPFUL, the payout management platform, has partnered with Mastercard to enable creator and music platforms to reach their full potential by offering automated, instant, cross-border payouts. Creator and music platforms experience challenges when managing payouts to their creators. These challenges centre around the ability to pay thousands of creators quickly, across multiple geographies, without the high associated fees.
Ecospend Announces Partnership with Revenue Collections and Payment Solutions Provider Telsolutions
- 3 days 22 hours ago
- Open Banking
Ecospend, the UK’s leading Open Banking payment provider, today announces its partnership with Telsolutions, the specialist in multi-channel communication programmes for revenue collections. The partnership will allow Telsolutions to offer its clients Open Banking services, helping to protect customers against fraud whilst reducing the cost of transactions.
Protean and Fino Payments Bank Tie-up to Expand PAN Card Issuance Services in India
- 3 days 22 hours ago
- Banking
Fino Payments Bank has tied up with Protean eGov Technologies (formerly NSDL e-Governance Infrastructure Limited), a market leader in universal, citizen-centric and population-scale e-governance solutions, to expand PAN card issuance services in India, especially in rural areas.
Future of Payments Survey Finds Increasing Consumer Trust Towards Digital Payment Methods Versus Traditional Debit and Credit Cards Payments
- 3 days 22 hours ago
- Payments
A survey of more than 2,200 people across the United Kingdom and United States has found that Digital Wallet payments, such as Apple Pay, Google Pay or PayPal, is increasing in popularity in both the UK and US, with at least 7 in 10 using the method regularly to pay for online purchases.
PIMFA Welcomes FCA Proposals for a Simplified Advice Regime
- 3 days 23 hours ago
- Wealth Management
PIMFA, the trade association for wealth management, investment services and the personal investment and financial advice industry, has welcomed the Financial Conduct Authority’s (FCA) proposals for a simplified advice regime to encourage more consumers to seek financial advice and reduce the cost burden of advice for relatively simple financial decisions.
Global Payments Survey Finds 85% of Firms are Ready for Real-time Payments
- 3 days 23 hours ago
- Payments
AutoRek, a reconciliation and finance automation fintech, today releases the findings of its global payments survey. The survey looked to understand the current issues facing payments firms today, future trends, as well as their perceptions on regulation, compliance and payments reconciliation.
Commerzbank Picks Nexi for Issuing Solutions
- 3 days 23 hours ago
- Banking
Commerzbank has chosen Nets, part of the European PayTech
Square and Clearpay Sellers See More than 4.3M UK Transactions During Black Friday / Cyber Monday Shopping Weekend
- 3 days 23 hours ago
- e-Payments
Over the Black Friday and Cyber Monday weekend, Square and Clearpay sellers saw more than 4.3M transactions across the UK as consumers kicked off the holiday shopping season. For a global look, view our complete Black Friday / Cyber Monday Results.
BIC Bank Taps TranzAxis from Compass Plus Technologies to Fuel Business Expansion
- 3 days 23 hours ago
- Payments
BIC Bank, one of the fastest-growing commercial banks in Cambodia, has successfully migrated its in-house processing centre to Compass Plus Technologies’ award-winning payments platform, TranzAxis. The migration to the new system enables BIC Bank to significantly expand its digital offering, starting with the addition of Mastercard debit cards to its portfolio.
Automotive Fintech Start-up Backed by Revo Capital, Autotech Ventures and InMotion Ventures Raises £26 Million in Series A Extension Round
- 3 days 23 hours ago
- Fundraising News
Car repairs payment platform www.bumper.co.uk has raised £26.1 million ($30 million) in investment from its Series A extension round, with automotive giants and venture capitals Autotech Ventures, InMotion Ventures (the investment arm of Jaguar Land Rover), ITOCHU and Revo Capital investing in the automotive fintech start-up.
Open Banking to Maximise Retailers’ Profits on Black Friday Weekend
- 4 days 1 min ago
- Open Banking
Trustly, a leading Open Banking provider, today reveals that Open Banking can maximise online returns for retailers this Black Friday Weekend, as in-person shopping remains below pre-pandemic levels.
Cloud Processor Powerhouse Enfuce Wins ‘Mobile Payments Award’ at Prestigious Industry Event
- 4 days 11 min ago
- Payments
Enfuce, the European card issuing and processing powerhouse, has won the coveted FF Award for Mobile Payments. Recognised for its fully cloud-based Cards as a Service (CaaS) innovation, Enfuce was selected as winner of the category over Fiserv, Giesecke+Devrient, Vesta Corporation and Wallet Factory.
Zimpler Partners with Major Nordic Retailer Elon to Offer B2B Payments
- 4 days 16 min ago
- Payments
Zimpler, a leading fintech company born in Sweden, announced today their partnership with Elon – one of the biggest merchants in consumer electronics in the Nordic’s – offering B2B payments solutions to Elon’s customers, in Sweden. After going live with its new solution in March, Zimpler became the first provider in the country to offer instant B2B account-to-account payment in real-time.
Ashman to Launch SME Loan Origination Offering on Mambu
- 4 days 21 min ago
- Lending
Ashman, the ambitious new entrant bank serving small and medium enterprises (SMEs) in the commercial real estate sector, has successfully gone live on Mambu. Ashman is currently leveraging Mambu’s cloud banking platform to manage its loan offering to build speedy, personalised service for conscientious property businesses and entrepreneurs in the UK.
