09/21/2023
CGI gains FedNow transaction certification
CGI was certified to support sending and receiving FedNow Service credit transfers and requests for payment.
Retail Banking
09/21/2023
Fleximize Receives £136 Million Financing for SME Lending Solutions
By leveraging its proprietary technology and innovative underwriting processes, Fleximize ensures a seamless and expedited application process, allowing businesses to access the funds they need quickly and efficiently.
09/20/2023
Revolut's latest accounts delayed until 2024
Revolut had been due to file the 2021 accounts in September 2022 but was given a three-month extension to the end of the year.
09/20/2023
HSBC launches digital trade finance solution
HSBC TradePay is a faster, simpler, 100% digital way for companies to seamlessly pay suppliers and improve their working capital position.
09/20/2023
CBI expands Name Check coverage across Europe through Swift’s Pre-Validation service
Swift’s Payment Pre-validation is an innovative solution that seeks to reduce errors and mistakes in payment messages.
09/20/2023
Temenos Brings Innovative Payments Capabilities to IBM Cloud
Temenos Payments Hub becomes first payments solution to be available on IBM Cloud for Financial Services
09/20/2023
Oracle says it's ready to cater to Canadian banks' open banking needs
Open banking allows consumers and small businesses to securely and efficiently transfer their financial data among financial institutions and third party service providers.
09/20/2023
AFC Commercial Bank taps Intellect Design Arena to modernise banking operations
The bank which is on a high growth trajectory aims to leverage technologies to transform its banking experience.
09/19/2023
Citi TTS launches four payment solutions to improve UX
Confirmed Value Transfer (CVT), allowing for transparency on associated deducted fees ahead of initiating a transaction when there are multiple parties involved in processing a USD cross-border payment.
09/19/2023
Cashplus turns first £5.5m profit as a newly-licenced bank
Record-revenues for 2023 as payments and customer deposits both trended upwards
09/18/2023
Nova Credit partners with HSBC for cross border credit sharing
The UK immigrant population is one of the fastest-growing demographics in the country but access to financial services remains difficult for many newcomers.
09/15/2023
Half of all Payments Now Made Using Debit Cards
UK Finance today releases its latest Payment Markets Report which shows payments trends across 2022 and forecasts to 2032.
09/14/2023
Buy now, pay later booms for pensioners
The UK’s older generation, not just the young, are also turning to BNPL in record numbers
09/14/2023
European BaaS and embedded finance fintech Swan raises €37m Series B
Swan will be using the cash to fuel its expansion across Europe.
09/14/2023
Episode Six Launches Business Now, Pay Later to Help Banks Meet SMEs’ Needs
Business Now, Pay Later is built on E6’s flexible, cloud-native TRITIUM platform, which allows banks to launch the solution without disrupting their existing infrastructures.
09/14/2023
Debit and Credit Cards Remain King as UK Finance Reveals UK Payment Preferences
As a result, businesses accounted for 82 per cent of the total value of payments made.
09/14/2023
ClearBank boasts 144% revenue growth in H1 2023
Reporting an 80% increase in customer deposits, a 39% increase in payment volumes and £5.9m in profit sets the clearing bank up to achieve full year profitability in 2023.
09/14/2023
Half of UK payments made using debit cards in 2022 – UK Finance
The use of remote banking by businesses contributed to a growth of remote payments made through the Faster Payments Service, which saw a 17% increase to 4.3 billion payments.
09/13/2023
Alliances that keep BBVA at the forefront of technology
BBVA and Telefónica also use this relationship model to optimize BBVA's communications, boost the capacity of the technology network and support cloud operations.
09/13/2023
Episode Six Launches Business Now, Pay Later™ Enabling Financial Institutions to Offer B2B Installments to Small and Medium-sized Enterprises
It’s clear there is an increased demand from SMEs for more flexible working capital solutions, and the economic headwinds that have led to rising rates are only strengthening the need.