Visa (NYSE: V) announced that it is applying the company’s infrastructure, technology and capabilities to account-to-account (A2A) payments, giving consumers more control and protection on how they pay via bank transfers. The global payments provider will collaborate “with industry players, including PayByBank firm Banked, to… Read More
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
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
Tagged ai, artificial intelligence, financial services, insights, research, survey
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
Tagged cybersecurity, ict, malta, malta financial services authority, mfsa
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
Tagged barq, financial services, mastercard, payments, saudi arabia
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
Tagged checkout.com, payments
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
Tagged amazon web services, aws, digital onboarding, midwestone bank, saas, temenos
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
Tagged digital finance, financial health, financial management, Jack Spiers, tink
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
Tagged china, consumer finance, Home Credit, jd.com
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
Tagged europe, investments, research, scotland
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