Young Adults Struggle With Financial Confidence and Understanding as Older Generations Lead the Way
- 1 year 5 months ago
- Personal Finance
New research from Pay.UK, owner and operator of the Current Account Switch Service, reveals a stark generational divide in financial confidence and knowledge across the UK.1 Younger generations, particularly Gen Z, reveal lower levels of financial competence, with only 26% able to correctly calculate compound interest and just 35% understanding how savings accounts work. In contrast, 47% of Baby Boomers were able to correctly calculate...
Cross-Border Payments Could Further Enable APP Fraud, Says Payments Association Study
- 1 year 5 months ago
- Payments
Authorised Push Payment (APP) fraud continues to be one of the most pressing concerns for financial services, the payment industry, law enforcement, and the general public – and new developments in cross-border payments may be making it easier. A new study by The Payments Association, the UK’s community and advocate for the payments industry, highlights how the speed and anonymity of cross-border payments, and the global patchwork of different...
Chetwood Bank Appoints Philip Jenks as Non-Executive Director
- 1 year 5 months ago
- People Moves
Philip Jenks, who has held leadership roles in the financial services industry for more than 50 years, has been named as a non-executive director (NED) for Chetwood Financial Limited, trading as Chetwood Bank.
Capital.com Announces New Regional Structure to Support Sustained Growth
- 1 year 5 months ago
- Infrastructure
Capital.com, the high-growth global trading platform and fintech group whose trading volumes surpassed USD$1trn in 2023, today announces a new regional leadership model to better support rapid growth and innovation across key markets in which it is regulated. In Q1 2024 the Board of Directors approved plans for Capital.com to transition to a regionally focused model. Each jurisdiction of the Group’s operations will be overseen by a standalone...
Bitso Enables Bitcoin Transactions via Lightning for All Its Customers
- 1 year 5 months ago
- Cryptocurrencies
Bitso — Latin America's leading crypto-powered financial services company — has enabled the ability to send and receive bitcoin via the Lightning network for its more than 8 million users in the region. In this way, Bitso strengthens the resources that allow cryptocurrencies to be used in use cases such as local payments, cross-border transactions, and remittances.
Redgate Launches Presence on Cloud Marketplace: Portfolio Offerings Now Available to Buy via AWS Marketplace
- 1 year 5 months ago
- Cloud
Redgate, the end-to-end Database DevOps solution provider, today announced that its core solutions are now listed in Amazon Web Services (AWS) Marketplace.
Nubank Reaches 100 Million Customers in Brazil
- 1 year 5 months ago
- Banking
Nubank has reached 100 million customers in Brazil, a number that represents 57% of the adult population in the country. In May, Nu had already reached this milestone globally.
Visa Flexible Credential Goes Global: Transforming the Card for a Digital Future
- 1 year 5 months ago
- Payments
For years, the card didn’t change. Built for an analog world, one card for one type, debit or credit. The Visa Flexible Credential has fundamentally changed that, allowing people to pay from different account funding sources with a single card. Today, Visa (V: NYSE) announced that the Flexible Credential is expanding to the U.S. and will be rolling out with Affirm, and in the United Arab Emirates with Liv, giving millions more people greater...
GFT Taps NVIDIA AI Enterprise and NVIDIA Omniverse Platforms to Deliver AI Solutions for Financial Services and Manufacturing
- 1 year 5 months ago
- Artificial Intelligence
GFT Technologies is collaborating with NVIDIA to bring advanced AI solutions to the financial services and manufacturing sectors. The collaboration will combine GFT’s deep expertise in digitalising global banks, financial institutions and manufacturers with NVIDIA’s AI software tools and accelerated computing platform for generative AI to drive a new level of innovation and efficiency in both industries.
Mastercard to Supercharge Small Business Operations Through New Innovative Platform
- 1 year 5 months ago
- Financial
Mastercard today announces Biz360, a comprehensive digital so
Visa Recognizes Creators as Small Businesses
- 1 year 5 months ago
- Infrastructure
At the opening session of Web Summit in Lisbon, Portugal, Visa unveiled significant commitments to digital creators. Acknowledging the impact of creators on the digital economy, Visa officially recognized creators as small businesses. Today, creators can easily and securely pay and be paid with Visa’s financial tools, resources and products made available to small businesses worldwide.
First Bank of Alabama Selects Jack Henry to Innovate and Propel Growth
- 1 year 5 months ago
- Banking
Jack Henry™ announced today that First Bank of Alabama selected Jack Henry to modernize its technology stack in a way that will support continued growth and enhance customer experiences.
BlueFlame AI Launches Blueprints, a No-Code Workflow Automation Solution for Alternative Investment Managers
- 1 year 5 months ago
- Management
BlueFlame AI, a leading provider of generative artificial intelligence (Gen AI) solutions for alternative investment managers, today announced the launch of Blueprints, a no-code workflow automation solution that transforms how investment professionals operate and make decisions.
Liquidnet Releases New Liquidity-Seeking Algorithm
- 1 year 5 months ago
- Trading Systems
Liquidnet, a leading technology-driven agency execution specialist, today announced the release of SmartDark, its latest algorithm for its equities platform, designed to enhance how institutional traders can execute their trades through prioritized routing with larger executions and better price stability.
Nutanix Extends AI Platform to Public Cloud
- 1 year 5 months ago
- Cloud
Nutanix , a leader in hybrid multi-cloud computing, today announced that it extended the company's AI infrastructure platform with a new cloud-native offering, Nutanix Enterprise AI (NAI), that can be deployed on any Kubernetes platform, at the edge, in core data centres and on public cloud services like AWS EKS, Azure AKS, and Google GKE.
