The Payments Association Urges the House of Commons to Address Financial Exclusion
- 1 year 5 months ago
- Infrastructure
The Payments Association, a trade group representing the payments sector, yesterday presented the policy recommendations that were proposed in its white paper to the House of Commons.
Outdated Expenses Processes Leave Employees £690 Million Out of Pocket Annually
- 1 year 5 months ago
- Management
New independent research from embedded finance specialist Weavr, conducted via Censuswide, found that employees lose an estimated £690 million annually in unclaimed and unpaid expenses in the UK alone. Surveying over 500 office workers in the UK, Weavr learned that 81% of respondents had been left out of pocket by their employer for longer than a month, leading to financial and mental health concerns.
Yuno Makes Strategic Hire in Europe as Its Global Growth Continues
- 1 year 5 months ago
- People Moves
Yuno, the world’s leading payment orchestration platform, today announces the appointment of Miguel Duarte Fernandes, as its SVP, Head of Growth and Commercial for Europe, further expanding its geographic footprint. This strategic hire marks a significant step in strengthening Yuno’s global presence and accelerating the company’s expansion into Europe.
9 in 10 Companies Struggle with Payment Operations Even as Instant Economy Demands Greater Efficiency, Modern Treasury Survey Finds
- 1 year 5 months ago
- Payments
Modern Treasury, the leading payment operations platform built for the Instant Economy, today released survey results showing that the vast majority of companies continue to struggle with payment operations, leading to higher risk and operational cost, wasted employee time, and greater risk of audit errors. The Company’s fourth annual State of Payments Operations 2025 report conducted with Harris Poll included responses from 500 U.S. financial...
Saving for a Sunny Day: UK Adults Save Far More for the Things They Want Than the Things They Need
- 1 year 5 months ago
- Personal Finance
Over one-third of UK Adults say they have £25,000 or more in cash savings, according to new research from Starling Bank, and it seems that putting money aside for life goals is the key to building up a savings pile. 36% of UK adults have built up cash savings of at least £25,000, with 17% having £50,000 or more. And it’s not just an older generation sitting on a cash pile - almost 31% of 18-24 year olds are in the £25,000 + club.
Highnote Secures $90 Million Series B, Announces Expansion into U.S. Merchant Acquiring
- 1 year 5 months ago
- Fundraising News
Highnote, a leader in modern card issuance and program management, announced the closing of $90 million in Series B funding and the launch of its acquiring solution. The funding was led by Adams Street Partners with participation from existing investors including Oak HC/FT, Costanoa, WestCap, and Pinegrove Venture Partners.
Appdome Unveils Threat Dynamics™ to Become Industry’s First AI-Native Extended Threat Management Platform
- 1 year 5 months ago
- Security
Appdome, the leader in protecting mobile businesses, today announced that a new AI-Native threat-management module called Threat Dynamics™ will be offered inside Appdome’s ThreatScope™ Mobile XDR. Threat Dynamics uses AI deep learning to continuously evaluate the likelihood of a successful exploit from more than 400+ attack vectors and calculate a Mobile Risk Index™ for each business and mobile application.
The Bancorp Appoints Dwayne Allen to Its Board of Directors
- 1 year 5 months ago
- People Moves
The Bancorp, Inc., through its subsidiary, The Bancorp Bank, N.A., appointed Dwayne Allen to the Company’s Board of Directors, effective January 1, 2025. The addition of Allen will help drive the ongoing growth of The Bancorp.
Finastra’s User Connect Series Emphasizes the Need for Productivity and Growth, Offers Strategies for Compliance
- 1 year 5 months ago
- Compliance
Finastra, a global provider of financial software applications, hosted leaders from community banks and credit unions across the United States to discuss trends and innovation in consumer, commercial and mortgage lending. The User Connect series, open to current Finastra lending customers, took place in Chicago, Illinois; Scottsdale, Arizona; and Orlando, Florida.
Brite Payments Appoints Open Banking Expert George Parks Davie as VP Product
- 1 year 5 months ago
- People Moves
Brite Payments, a leader in instant bank payments, has announced that George Parks Davie has been appointed VP Product. Bringing more than 15 years of fintech experience in account-to-account (A2A) payments and open banking to the role, Davie will help expand Brite’s product offering in existing and new geographies, with a strong focus on user experience. As part of the role, Davie will also lead the newly-created Payments Domain within Brite.
One Inc, a Leading Digital Payments Platform in Insurance, Announces New Board Chairman to Propel Next Growth Phase
- 1 year 5 months ago
- Payments
One Inc, a leading payments network and software platform for the insurance industry, today announced it has appointed insurance technology industry veteran Scott G. Stephenson Chairman of the Board of Directors.
Sygnum Accelerates European Expansion with Société Générale-FORGE’s EURO Stablecoin
- 1 year 5 months ago
- Infrastructure
Sygnum, a global digital asset banking group who recently announced its expanded EU market entry, is further enhancing its B2B platform offering via a collaboration with Societe Generale-FORGE, the digital asset subsidiary of one of Europe’s largest financial services groups, Société Générale. The EUR CoinVertible (EURCV), a MiCA regulated stablecoin, will be the first Societe Generale-FORGE product made available to Sygnum’s 20+ partner banks...
MoonPay Launches Recurring Buys
- 1 year 5 months ago
- Cryptocurrencies
MoonPay, the leading global crypto payments company, announced today the launch of recurring buys, a new feature that enables users to schedule regular crypto purchases. Recurring buys offer consumers a simple, automatic, and convenient way to grow their crypto holdings while eliminating the need for constant management or market monitoring.
Payroll Software Firm Aims to Tackle Poor Financial Wellbeing Among UK Workers
- 1 year 5 months ago
- Payments
One of the UK’s leading payroll software providers, PayCaptain, has recently launched a new feature in its app to help employed people become more financially resilient.
Pension-Finding Platform Raindrop Reunites Customers with £251 Million in Lost Pension Pots Last Year
- 1 year 5 months ago
- Infrastructure
Pension-finding platform, Raindrop reveals a year of strong growth with £251m recovered in lost pension pots for customers in 2024. This marks a 61% increase in the number of lost pension pots the Raindrop solution located in 2023, when it traced £156 million. Since launch, Raindrop has found over £460 million in lost pots.
