Fintech

Pre-retirees are missing out on valuable interest earnings due to a lack of action in switching savings accounts, according to new research from UK savings and lending bank Shawbrook. The study found that a third (33 per cent) of those aged 55 to 68 have never switched their savings account, while over a quarter (28 per […]

Pre-retirees are missing out on valuable interest earnings due to a lack of action in switching savings accounts, according to new research from UK savings and lending bank Shawbrook. The study found that a third (33 per cent) of those aged 55 to 68 have never switched their savings account, while over a quarter (28 per […]

Singapore-based fintech Xalts is joining forces with smart contracts platform Avalanche, in a move to support financial services, governments, and other enterprise developers in building digital asset platforms for implementing blockchain, tokenisation, and smart contract applications. Xalts explained that, through its partnership with Avalanche, it will provide out-of-the-box solutions for various use cases such as the tokenisation of […]

Manual processing and error rates can be extremely costly for investors. Looking to cut down on the price they need to pay to remedy these mistakes while giving them more alternative investment options, global financial services company, the Bank of New York Mellon Corporation (BNY), has launched Alts Bridge. Alts Bridge is a comprehensive data, […]

Following the experimentation phase of a new ‘UK Regulated Liability Network’ (RLN), UK Finance, the British trade association for the UK banking and financial services sector, has revealed that such a platform could deliver economic value and support innovation in the market. Since April 2024, UK Finance has worked alongside eleven of its members and six […]

As much as 80 per cent of payment leaders worldwide believe their company requires a complete overhaul of their payment technology stack, according to new research from Primer, the unified infrastructure for global payments. Unsurprisingly, Primer revealed that 75 per cent of payment professionals expect that payments will become more critical to their organisations over […]

European acquirer, Viva.com, has expanded its strategic partnership with global mobile payment solution provider Alipay+, to enable European merchants to accept direct payments from 15 e-wallets. Through the new partnership, the firms aim to enhance the tourism experience for global tourists, mostly from Asia, when visiting Europe. Following the integration with Viva.com, tourists can use […]

Concerns over the climate crisis are rising sharply among UK consumers, with many eager to take individual action but feeling hindered by their financial situation, according to new research. The study, commissioned by Doconomy, reveals that 55 per cent of respondents are more worried about climate change than ever before, and 70 per cent are concerned about […]

PalmPay, a financial platform boasting over 30 million users in Nigeria, has launched a USSD code, offering locals a new way to manage their finances without internet connectivity. As part of an effort to improve the accessibility of PalmPay, customers can now perform a number of banking transactions by dialling ‘*861#’ on their mobile phones. […]

A new survey launched by the Open Property Data Association (OPDA) aims to gather insights from homebuyers and sellers across the UK, with the goal of improving the homebuying process through digital transformation. The research project, distributed through over 30 member firms such as Atom bank, Inventory Base and Kotini, seeks input from thousands of consumers to inform OPDA’s campaign to […]