July 5, 2024 @ 3:52 pm By Omar Faridi  |  

DNA Payments and Kestronics have recently launched a strategic partnership. This collaboration not only equips merchants across the UK with DNA Payments’ payment devices and solutions, but also offers them “enhanced security, faster transaction processing, and a seamless payment experience.” Fintech DNA Payments and Kestronics,… Read More

 Tagged digital transactions, dna payments, payments, uk, united kingdom

July 5, 2024 @ 3:51 pm By Omar Faridi  |  

Your Credit Score, Lloyds Bank’s free credit checking service, now has 10 million registered customers. The feature, available through the mobile banking app and online, “allows customers to view their credit report and access personalised practical tips to improve or maintain their score.” As millions… Read More

 Tagged credit, credit score, lloyds bank, uk, united kingdom

July 5, 2024 @ 3:49 pm By Omar Faridi  |  

Bank of Ireland is recruiting for 100 technology roles to support digital projects across the Group. The roles will help drive some of the Group’s most important technology projects “including new customer features on digital channels, protecting customers against fraud, and advanced data analytics.” The… Read More

 Tagged bank of ireland, europe, recruiting, tech roles

July 5, 2024 @ 11:36 am By Omar Faridi  |  

A California bankruptcy Judge has reportedly issued a warning to MongoDB, a database company, against deleting sensitive customer data. Ongoing efforts to give back millions to clients currently locked out of their Fintech apps are now linked to a heated dispute between Fintech platform Synapse… Read More

 Tagged data, fintech apps, mongodo, synapse

July 5, 2024 @ 10:06 am By JD Alois  |  

As the Tories lick their wounds after a historic defeat in the polls, we wonder what Labour’s rise will mean for the vital Fintech industry and tech in general. While incoming Prime Minister Keir Starmer has published a hundred-day plan, it is not yet apparent… Read More

 Tagged aurum solutions, keir starmer, perspective, tiago veiga, uk, united kingdom

July 5, 2024 @ 8:29 am By Omar Faridi  |  

UK Finance, in partnership with Global Counsel, has reportedly “developed a set of briefing papers on the key themes central to the debate around the UK’s capital markets and competitiveness more generally.” These themes are as follows: Risk and reward – risk is key to… Read More

 Tagged capital markets, global counsel, uk, uk finance, united kingdom

July 5, 2024 @ 8:28 am By Omar Faridi  |  

The European Banking Authority (EBA) issued new Guidelines on the so-called ‘travel rule’, i.e. the information that should accompany transfers of funds and certain crypto assets. This rule will help tackle “the abuse of such transfers for money laundering and terrorist financing purposes.” The Guidelines… Read More

 Tagged crypto-assets, eba, EU, europe, european banking authority, Travel Rule

July 5, 2024 @ 8:23 am By Omar Faridi  |  

Following a technical recession in the second half of 2023, the UK economy has shown tentative signs of renewed momentum, “with growth of 0.5% expected this year, and 0.9% in 2025,” according to the latest KPMG Global Economic Outlook. The report finds a number of… Read More

 Tagged economic outlook, economy, inflation, interest rates, research, uk, united kingdom

July 4, 2024 @ 10:39 pm By Omar Faridi  |  

Handelsbanken Norway has entered into a new agreement with Tietoevry Banking for the delivery of a complete solution portfolio, including core banking, card and payment solutions, wealth management, as well as solutions for combating financial crime. The agreement has a duration of five years, and… Read More

 Tagged banking, handelsbanken norway, norway, payments, tietoevry

July 4, 2024 @ 4:28 pm By Omar Faridi  |  

CBInsights has released the State of Venture Q2’24 Report CB Insights notes that you may review the latest investment data to make more well-informed decisions. According to the update from CBInsights, AI startups steal the show, “grabbing nearly a third of all funding, while the… Read More

 Tagged ai, funding, research, startups, venture capital