51% of Bankers Expect FedNow Payments to be Profitable within Three Years

• 1 year 3 weeks ago
• Payments

Mastercard and BOK Financial Corporation Announce Expanded Payments Agreement

• 1 year 3 weeks ago
• Payments

Mastercard and BOK Financial Corporation today announced an expanded agreement making Mastercard the exclusive payments network across BOK Financials’ debit and commercial portfolios, as well as extending its relationship with BOK Financials' TransFund processing business. Both companies will build an innovative, inclusive, and sustainable future in banking, grounded in the shared values of advancing the communities they serve.

GoHenry Urges Government to Prioritise Financial Education from Primary Age at Education Select Committee Inquiry

• 1 year 3 weeks ago
• Personal Finance, Consultancy

As GoHenry continues its push for financial education to be made compulsory in all primary schools, CEO and co-founder, Louise Hill, gave oral evidence to the Education Select Committee’s inquiry into strengthening financial education in England this morning.

CO2IN Announces a New Partnership with iDenfy to Verify the Identities of Carbon Credit Buyers

• 1 year 3 weeks ago
• Digital Identity

iDenfy, a Lithuania-based RegTech company offering identity verification technology and fraud prevention tools, announced a new partnership with CO2IN, a Czech fintech and sustainability business that focuses on reducing carbon emissions with the release of its carbon credits to the world.

CarGurus Partners with Chase to Expand Consumer Financing Options

• 1 year 3 weeks ago
• Lending

CarGurus, the No.1 visited digital auto platform for shopping, buying, and selling new and used vehicles, today announced the addition of Chase to its multi-lender financing platform, expanding options for consumers looking to pre-qualify for auto financing from the comfort of their homes.

Amazon Mexico and Kueski Have Teamed Up to Offer BNPL through Kueski Pay

• 1 year 3 weeks ago
• Lending, Payments

Kueski has taken a major leap forward as a company and in expanding financial access for everyday Mexicans. For the first time in Mexico, Kueski offers a BNPL option on Amazon through Kueski Pay.

Ecospend’s Pay-by-Bank Solution Live on Mobile, and to be Rolled Out to Hargreaves Lansdown’s ISA

• 1 year 3 weeks ago
• Personal Finance, Payments

Hargreaves Lansdown (HL), the UK’s leading provider of savings and investment services, announced today that Ecospend’s Pay-by-Bank solution is now available for HL’s ISA, and general investment accounts following its initial launch in May 2023 to its Active Savings clients where it processed over £850 million. The adoption rate is expected to reach well over 30%.

DNA Payments Group Appoints Adyen’s Jan-Pieter Lips as CEO as the Company Enters Next Phase of Growth in UK and Europe

• 1 year 3 weeks ago
• People Moves

DNA Payments Group, one of the largest independent, integrated omnichannel payments companies in the UK and EU, has appointed former Head of Unified Commerce from Adyen, Jan-Pieter (JP) Lips as its new Chief Executive Officer.  JP will be responsible for DNA Payments’ next period of growth as the company continues to develop and provide simple, unified payments into fast-growing vertical market sectors such as restaurants and specialist retail.  

Tandem Announces Key Appointments in Digital and Marketing Divisions

• 1 year 3 weeks ago
• People Moves

Tandem, the UK’s greener digital bank, has announced the appointment of Maria Khan, as Director of Product and Digital, and Chris Parker, as Head of Marketing.

40 Experts Call on Insurers to Embrace Once-in-a-generation Opportunity to Transform – or Risk being Left Behind

• 1 year 3 weeks ago
• Insurtech

Findings from a new global thought leadership report published today by the no-code digital insurance platform provider, INSTANDA - Re-imagining the Digital Insurance Landscape: 10 Years from Now - highlights a once-in-a-generation opportunity to transform the industry. However, a new type of muscle is required to truly embrace what the Information Age has to offer as experts warn many insurers risk being left behind.

AccessPay Increases Coverage of Fraud & Error Prevention Suite with Embedded Confirmation of Payee and Sanctions Screening

• 1 year 3 weeks ago
• Payments, Fraud Detection

AccessPay, the leading provider of bank integration, today announced the addition of Confirmation of Payee (CoP) and Sanctions Screening capabilities to its Fraud & Error Prevention Suite, launched in 2023. The new capabilities will enable finance teams to avoid fraudulent and non-authorized payments and accidental misdirection of funds. They will also ensure compliance in an increasingly complex regulatory landscape.

Growth Performance Sparks Investor Confidence in Aevi's In-person Payment Orchestration Platform

• 1 year 3 weeks ago
• Payments

bunq Sets Its Eyes on UK as It Reports First Full Year of Profitability

• 1 year 3 weeks ago
• Banking

bunq, the second largest neobank in Europe, reports a pre-tax profit of €53.1 million in 2023. A testament to bunq’s sustainable business model proven to yield record profits throughout 2023, the challenger will direct its net profit to propel its global expansion strategy. 

Thunes Deepens Its Environmental Pledge with Handprint

• 1 year 3 weeks ago
• Payments

Global cross-border payments company, Thunes, has today expanded an ambitious tree-planting initiative with its partner, Handprint, an Impact-as-a-Service company.

UK Businesses Save 150 Hours Every Year on Operational Tasks by Using Open Banking, Survey Reveals

• 1 year 3 weeks ago
• Banking

Two in three (66%) larger UK businesses say they are very familiar with open banking and users report an average annual saving of 150 hours usually spent on operational tasks such as processing invoices and financial data, recurring payments and processing refunds, new research reveals.