03/31/2023
KPMG launches new product to boost retail analytics
Consumer spending power in the UK has hit historic lows over the last year, as employers refuse to raise salaries in line with the country’s record rates of inflation.
Retail Banking
03/31/2023
Payment Security and Data Storage Among Top Concerns for UK E-Commerce Consumers
Additionally, 34 per cent of respondents consider data security and payment encryption as the most crucial aspect of a satisfying online payment experience.
03/30/2023
Greenlight launches tool to help banks provide youth financial literacy
Greenlight for Banks is a first-of-its-kind solution that enables partners to offer Greenlight’s suite of family banking and education products for free to their customers.
03/30/2023
Pinwheel Joins Visa Fintech Partner Connect Program
As a participant of the Visa Fintech Partner Connect Program, Pinwheel will more easily allow customers the unique advantage of leveraging income and employment data for lending decisions, as well as an added layer of security and compliance.
03/30/2023
Wise: Big banks continue to hide fees on cross-border payments
This required that “all currency conversion charges are shown in a clear, neutral and comprehensible manner” ahead of making a transfer to another currency in Europe.
03/30/2023
Open banking payments more than doubled YoY in 2022
More than seven million customers and small businesses are using open banking-enabled products in the UK.
03/29/2023
Visa and Mastercard reportedly in talks to acquire Pismo
News reports state that the firm is working with Goldman Sachs on a potential sale at a reported valuation of $1 billion.
03/29/2023
Apple Pay Later launches
Repayments are made in four equal instalments, spread over six weeks with no interest and no fees.
03/28/2023
NALA Receives Payment Service Provider License From Central Bank of Tanzania
The company’s $1million investment comes after receiving the licence to power product innovation in Tanzania.
03/28/2023
Danish fintech Inpay to expand in UK market
Inpay underwent a major transformation during 2022.
03/27/2023
Tanzania Payment Ecosystem Improved Following Three Way Partnership Including Mastercard
Additionally, the partnership will result in a wide range of digital payment solutions being introduced in Tanzania.
03/27/2023
Western Union Money Transfer Index Reveals Remittance Trends Across Africa
The research found that 62 per cent of Africa’s consumers receive money transfers at least once a month or more.
03/24/2023
B2B spend fintech Qashio launches in Saudi with Alinma Bank
The two firms say it is the first time that a Saudi bank has joined hands with a fintech company to provide solutions to its corporate banking customers.
03/23/2023
Earned wage access platform Rain raises $116m
Rain says that employers have seen up to 80% reduction in turnover among staffers using the app and improved job satisfaction and engagement by 86% of users.
03/23/2023
Fintech launches UK’s first debit card to help people with dementia
Sibstar is the UK’s first debit card and app designed specifically to help people living with dementia.
03/23/2023
GoHenry to issue WWF-approved wild card designs for eco-conscious kids
All cards can be personalised with the child’s name and will be available for one year, with additional designs planned for later in 2023.
03/23/2023
Visa finds more consumers using digital apps for remittances
At the same time, a large share of remittance users consider app-based digital payments to be the most secure method for sending money internationally.
03/22/2023
Merchants National Bank to digitize lending with Teslar
Merchants National Bank has a diverse loan portfolio, offering commercial, real estate and agricultural lending.
03/22/2023
Panera Bread trials Amazon palm reading tech
Amazon One is a great option for guests who want a quick and convenient way to sign up for our MyPanera loyalty program
03/22/2023
Berlin B2B buy now, pay later outfit Mondu launches in the UK
The company is also expanding its C-suite with the appointment of Eric Weijs