UK Consumers Fear Falling Victim to Fraud as Overall Activity Picks Up in September – Research Report

Three in five UK consumers reportedly fear falling victim to fraud, as life gets busier in September. This, according to an update from UK Finance. UK Finance notes in a blog post that half of the people say “they feel busier when coming back from… Read More

Majority of Financial Services Operations Professionals Believe Using AI Would Enable Them to Make Effective Decisions – Report

More than two-thirds (76%) of financial services operations leaders in the US believe that using AI would enable them to make faster, more effective decisions, but 62% lack the data management capabilities and data environment to capitalize on the technology’s potential. That is according to… Read More

Malta Financial Services Authority (MFSA) Releases Insights on Cybersecurity and ICT Supervision

With the increasing reliance on digital processes, tools, and the economy itself, the financial services sector faces heightened exposure to operational risks, particularly Information and Communication Technology (ICT) risks. The latest volume of the Malta Financial Services Authority (MFSA)’s publication, “The Nature and Art of… Read More

Saudi Financial Services Firm barq Teams Up with Mastercard

barq, a Saudi financial services startup, has partnered with Mastercard (NYSE: MA) to empower its customers with a range of payment acceptance solutions through Mastercard Gateway. The strategic agreement will see barq leverage Mastercard Gateway technology “to further equip its merchants and consumers around the… Read More

Checkout.com Enables Virtual Card Integration for Holiday Extras, Reduces Payment Processing Time

Checkout.com says it has helped Holiday Extras streamline and increase the performance of their payment processes through the use of virtual cards, resulting in increased automation, improved operational efficiency, and positive financial outcomes. Holiday Extras, which claims to be the market leader in holiday extras, is… Read More

Temenos Digital Onboarding as SaaS on AWS Now Being Used By MidWestOne Bank

Temenos (SIX: TEMN) announced that MidWestOne Bank, a community bank headquartered in Iowa with approximately 140 thousand customers and branches across 4 states, has gone live with Temenos Digital Onboarding as SaaS on Amazon Web Services (AWS). The SaaS solution was implemented for MidWestOne “by… Read More

Tink Survey Links Digital Financial Management Tools With Better Financial Health

New research from data enrichment and payment services platform Tink suggests that consumers in the United Kingdom who use digital financial management tools are better off. They average an additional £37.08 better off per month, or £4451 better off per year, compared to pre-adoption. Today, as… Read More

Chinese E-commerce Major JD.com’s Fintech Arm to Acquire Home Credit: Caixin

Jingdong Technology Holding Co. Ltd., the fintech arm of Chinese e-commerce giant JD.com, is poised to acquire Home Credit Consumer Finance Co. Ltd., China’s first wholly foreign-owned consumer finance firm, according to sources cited by Caixin. The acquisition, which awaits approval from the National Financial… Read More

Investments in Scottish Businesses Hits £85M+ in Q2 2024

Latest figures have revealed Scottish businesses remain attractive to investors as 23 firms shared funding worth over £85 million in the second quarter of 2024. The latest KPMG Private Enterprise Venture Pulse report has showed “that companies from across the region – including Edinburgh, Stirling,… Read More

Ingo Payments Announces Acquisition of Banking and Infrastructure Firm Deposits Inc

Ingo Payments, a firm focused on account funding and disbursement solutions defined as Money Mobility, says it will acquire Deposits Inc., a banking software tool and infrastructure platform. This acquisition accelerates the launch of its Modern Money Stack, which will “enable banks, fintechs and brands to transform… Read More

Send this to a friend