Openpay, a fintech firm based in Denmark, has partnered with Yapily, an international open banking API provider, to facilitate seamless cross-border, peer-to-peer money transfers. When the EU open banking legislation mandated financial institutions to grant non-banking third parties access to their APIs, the team at Openpay saw an opportunity to bring the benefits of this […]
Shawbrook has announced a significant milestone, having now funded over £50m in asset finance transactions through its digital decisioning service for flow business. Introduced in 2022, the broker portal allowed brokers to upload deals and perform initial checks, New technology releases means that brokers can also now obtain an agreement in principle (AIP) for deals […]
Synechron, a leading global digital transformation consulting firm, today unveiled research insights generated from its first Strategic Technologies Survey of 50 C-Suite technology decision makers (chief technology Officers, chief information officers, and chief data officers) from the financial services industry across the United States, Europe and Rest of World (RoW). The survey focused on tech […]
The consumer and real estate sectors are gradually increasing competition, while the business segment is becoming more monopolistic. Geographically, Estonia stands out as a hotspot of growing competition. Robocash platform analysts have assessed the concentration of different P2P segments through the Herfindahl-Hirschman index. The index value from 0 to 1 indicates low market concentration and […]
Leading payment orchestration provider BR-DGE has today announced a new partnership with Polani Travel, an e-commerce company offering travel products and services including flights, hotels and holiday packages. The partnership will equip Polani Travel and its flightcatchers.com business with the latest in payment orchestration technology in order to deliver a first-class, seamless online checkout experience […]
Lenvi, the leading provider of commercial lending software and solutions to the factoring and receivables finance market, has been appointed by BNP Paribas, to support its European risk management and operations functions through its risk management software Riskfactor. Over the course of the multi-year contract, Lenvi will support BNP Paribas in reducing risk and improving […]
Nearly half of SMEs (43%) do not plan to innovate with AI in the next year, largely because of a lack of confidence among business owners in the safeguards in place to protect society — according to new research by the UK’s data and marketing industry trade body. Ahead of the inaugural UK AI Safety Summit, […]
Paysend, a card-to-card and international payments platform, today announced an agreement with Western Union to provide seamless and efficient cross-border money transfer capabilities. Paysend’s integration with Western Union will enhance consumers’ ability to send funds using Western Union’s branded digital solution directly to Visa and Mastercard debit cards. Abdul Abdulkerimov, executive chairman and co-founder of […]
Bottomline, a global leader in business payments, today makes its B2B payment network available to approved financial institutions, fintechs and others looking to increase payment acceptance. This is the first time Bottomline’s business payment network has opened access to its proprietary Premium ACH supplier network and is another milestone in the company’s mission to transform […]
Leaders across Europe’s financial services sector expect Generative Artificial Intelligence (GenAI) technologies to deliver a windfall to productivity, according to the new EY European Financial Services AI Survey, which finds that 77% of respondents are bracing for a significant impact to their workforce and operations. The survey, which canvassed the views of executives from 60 […]
