IT development news

20/02/2025

ID-Pal joins The Payments Association to lead the fight against AI-fraud in the payments industry

ID-Pal, a leading provider of AI-powered identity verification solutions, today announced its membership with The Payments Association, an influential community of industry leaders and innovators committed to shaping the future of payments. This partnership highlights the commitment of both organisations to enhance security and foster innovation within the payments industry. The move comes as Deloitte’s […]

13/02/2025

Payments no longer just a utility – 64% of merchants say it’s a growth driver

PXP, a leading omnichannel global payment platform and innovative industry disruptor, today announces the findings of an exclusive survey of UK and US merchants’ appetite for digital payments transformation. The research reveals that 64% of merchants now view payment technology as a strategic growth driver rather than just an operational necessity. With 2025 set to usher […]

13/02/2025

Only 28% of UK businesses are starting 2025 with good digital health

Just over a quarter (28%) of UK businesses surveyed had good digital health in 2024, around a third (36%) had average, and (36%) had poor health, according to a European digital health study from Zoho, a leading global technology company. The study rated businesses surveyed on their practices within digital transformation. Large UK businesses tend to perform […]

06/02/2025

Aldermore Bank selects Temenos to launch new small business savings notice accounts

Temenos (SIX: TEMN) today announced that UK-based Aldermore Bank (Aldermore) has selected Temenos SaaS to modernize its existing savings operations starting with quickly launching new savings notice accounts for small businesses. The bank will adopt Temenos Business & Corporate Enterprise Service to achieve a fast time to market and scale efficiently as it seeks to grow customer deposits and unlock new […]

06/02/2025

Galoy launches Lana to unlock digital asset collateralized lending for challenger & community banks

A new service launched today makes it easy and fast for innovative banks of any size to unlock the transformative potential of digital asset-backed lending. Lana is a powerful lending platform specifically tailored to meet the soaring demand for bitcoin-backed loans, especially designed for challenger and community banks. The new service from Galoy, the pioneering provider […]

31/01/2025

Viva.com becomes the first tech bank in Europe for businesses

Viva.com solidifies its position as a technologically advanced financial institution for businesses across Europe through the absorption of Viva Payments by Viva Βank, both companies of Viva.com Group. The legal merger is expected to be completed shortly, followed by the operational merger by March 2025. As a result, Viva.com expands its offering to also provide […]

29/01/2025

UK public largely unaware of data centres’ critical role in society

Half of UK consumers (51%) have never heard of the term ‘data centre,’ highlighting a significant lack of awareness about their critical role in powering daily digital life. New research from Telehouse reveals how, despite the increasing reliance on digital services and their recent categorisation by the government as Critical National Infrastructure (CNI), 67% of […]

27/01/2025

The Government’s AI Opportunities Action Plan must prove it can deliver its goals

Businesses need the government to prove their AI Opportunities Action Plan can deliver on its goals of improved economic growth, say leading audit, tax and business advisory firm, Blick Rothenberg. Nick Winters, partner and head of technology at the firm, said: “The government recently launched its AI Opportunities Action Plan, suggesting that they believe ramping […]

21/01/2025

AI Opportunities Action Plan: 29% of employees already use AI at work

As AI becomes more commonplace and accessible, workplaces are faced with the challenge of how to oversee its implementation in a way that is responsible and ethical. However, new research from LawDeb, the independent professional services firm, finds that 29% of employees are already using AI at work, and 1 in 10 (10%) use it […]

20/01/2025

Conister launches new fully digitalised deposit system

Conister Bank Limited (“Conister”), part of Manx Financial Group PLC (AIM:MFX), is delighted to announce the launch of a new easy-to-use online deposit system for its UK retail customers. The launch follows the success of its digital distribution channel on the Isle of Man, which now accounts for over 70% of the bank’s lending. The […]

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