Consumers’ Capacity to Save Fell by 25.5% Over the Last Year as Recent Inflationary Pressures Continue to Take Their Toll
- 1 year 12 months ago
- Personal Finance
The latest proprietary insight from Moneyhub, the market-leading data and payments platform’s Financial Wellness Tracker, reveals that consumer capacity to save without making any changes to their overall spending behaviour fell 25.5% over the 12 months to end September 2024. Simultaneously, total cash held in savings dropped by 11.6% as the recent turbulent financial times continued to play out and inflation persistently remains above the...
Worldline Launches “Bank Transfer by Worldline,” a New Account-to-Account Payment Method in 14 European Countries by End of 2024
- 1 year 12 months ago
- Payments
Worldline, a global leader in payment services, today announces the launch of its account-to-account payment method named “Bank Transfer by Worldline”. The solution enables retailers to accept payments and completes the existing payment options offered to merchants. It also effectively addresses specific payment scenarios that traditional methods typically cannot accommodate, including invoices and high-value transactions. It delivers a seamless...
Yuno Welcomes Former Uber and JP Morgan Director to Lead APAC Partnerships and Drive Regional Growth
- 1 year 12 months ago
- People Moves
Yuno, the world’s leading payment orchestration platform, today announced the appointment of SheueChee Beh as its new Head of Partnerships for APAC. This move doubles down on the company’s commitment to scaling its presence in Asia-Pacific.
Lowell Enhances Its Debt Collection Operations with a New Three-Year SaaS Partnership Extension with Tietoevry Banking
- 1 year 12 months ago
- Banking
Lowell, one of the largest credit management companies in Europe, has signed a 3-year extension of its contract with Tietoevry Banking for Collection Suite Nova, the market leading end-to-end collection solution driving growth. The new contract ensures continued use of Collection Suite Nova delivered as Software as a Service (SaaS) from Tietoevry’s private cloud. The agreement covers service in Sweden.
Swift to Launch AI-Powered Fraud Defence to Enhance Cross-Border Payments
- 1 year 12 months ago
- Payments
Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated.
Bridgepoint to Reinvest in Kyriba, Alongside New Minority Investor, General Atlantic
- 1 year 12 months ago
- Infrastructure
Bridgepoint, one of the world's leading quoted private asset growth investors, and Kyriba, the global leader in liquidity performance, today announced that Bridgepoint will reinvest in Kyriba following a period of record growth for the business and will remain the majority shareholder. In addition, Bridgepoint and Kyriba will welcome a new minority investor, General Atlantic, a leading global growth investor.
Accelerating AI Advancement: Abu Dhabi’s Innovation Champions & Tech Pioneers Shine Bright at GITEX GLOBAL 2024
- 1 year 12 months ago
- FinTech StartUps
Abu Dhabi’s innovation champions and tech pioneers exhibited the brand-new services and solutions destined to reshape the future at GITEX GLOBAL 2024. As the Emirate consolidates its global leadership position in the emerging AI economy, some of the UAE capital’s proudest companies showcased a plethora of AI-based advancements designed to drive digital transformation across the nation and beyond.
SoFi Technologies to Adopt Galileo’s Cyberbank Core for New Commercial Payment Services Sponsor Banking Program
- 1 year 12 months ago
- Banking
SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that empowers members to borrow, save, spend, invest, and protect their money, today announced its adoption of Galileo’s modern, cloud-based Cyberbank Core to power
American Express Completes Acquisition of Tock
- 1 year 12 months ago
- Infrastructure
American Express today announced that it has completed the previously announced acquisition of Tock, a reservation, table, and event management technology provider, from Squarespace, the design-driven platform helping entrepreneurs build brands and businesses online.
General Motors and Barclays Sign Long-Term Credit Card Partnership Agreement
- 1 year 12 months ago
- Lending
General Motors Co. and Barclays US Consumer Bank today announced they have entered into a long-term partnership agreement for Barclays to be the exclusive issuer of the GM Rewards Mastercard and the GM Business Mastercard in the United States starting next summer.
CIH BANK Selects Backbase to Elevate Digital Banking Across Morocco
- 1 year 12 months ago
- Digital banking
Backbase, the global leader in Engagement Banking, is proud to announce its strategic partnership with CIH BANK, one of Morocco’s leading financial institutions, to revolutionize banking for millions of customers. CIH BANK’s partnership with Backbase is part of a growing movement among Moroccan financial institutions to embrace customer-centric innovation and deliver exceptional digital experiences.
Brex and Navan Partner to Launch Next-Generation Travel Management and Card Solution for Enterprises
- 1 year 12 months ago
- Infrastructure
Brex, the modern corporate card and spend management platform for startups and enterprises, and Navan, the all-in-one solution that makes travel and expense easy, today announced a new joint offering with the launch of BrexPay for Navan.
Danske Bank Implements Broadridge's Global Proxy Voting Solution to Enhance Investor Services
- 1 year 12 months ago
- Infrastructure
In a move to enhance client services globally, Danske Bank has implemented Broadridge Financial Solutions, Inc.'s (NYSE: BR) leading global proxy voting technology.
Half of SMEs Haven’t Felt Benefits of Falling Inflation, New Research Finds
- 1 year 12 months ago
- Infrastructure
Nearly half (49%) of small businesses say they have not benefited from falling inflation this year, according to a new poll commissioned by iwoca — one of Europe’s largest SME lenders. The research, which comes ahead of the ONS's latest inflation statistics, also reveals that the cost of doing business is too high for half (50%) of the UK’s 5.6 million small and medium-sized companies.
Currys Flexpay: UK’s Leading Tech Retailer Unveils Refreshed Credit Product, Enabling Customers to Pay at Their Pace
- 1 year 12 months ago
- Payments
Currys, the UK retailer that helps everyone enjoy amazing technology, has unveiled a revamped credit product to allow its customers to pay for tech at their pace.
