Digital technologies are an essential part of owning a business in the 21st century, and it was recently estimated that 70% of businesses already have a digital transformation strategy*. Whether it’s investing in a quantum computer, upgrading to 5G or using artificial intelligence to ease the workload, different businesses have different priorities for investing in the […]
GoCardless, a leader in direct bank payment solutions, has launched Verified Mandates in the UK, a feature within its global bank pay platform which combines the Account Information Services (AIS) capabilities of open banking with direct debit to stop fraud before it happens. This represents a new approach to tackling the age-old issue of payment […]
Dufrain, the data consultancy, has launched ControlTower, a tool designed to bring control and compliance to ‘unstructured data’ – data with no internal structure which cannot be used or detected by technology. Common examples of unstructured data include emails, PDFs or documents saved via Microsoft Teams. ControlTower is a bespoke solution with a technical accelerator […]
Paylink Solutions has partnered with online banking provider, Ecospend, to allow customers who’ve fallen behind with repayment plans to make instant payments and get back on track with their arrangements. Customers will be sent a link for them to make the previously failed payments, either over the phone with an agent or online at a […]
Temenos (SIX: TEMN), the banking software company, today announced that Rakuten Europe Bank – part of the Rakuten group, a unique ecosystem of 70+ businesses and over 1.6 billion members worldwide – has signed with Temenos to deliver banking services including Rakuten Pay on the Temenos Banking Cloud. Powered by Temenos open platform, Rakuten Europe […]
Today, Mastercard launches a new business-to-business (B2B) payment solution in the UK – Mastercard Track Card to Account Transfer – which allows businesses to use their commercial card programme to make payments to any supplier, regardless of whether the supplier accepts card payments. The new solution can help businesses manage cash flow, eliminate manual work […]
Enra Specialist Finance announced today that it has struck a deal with funds advised by Elliott Advisors (UK) Limited (“Elliott”) to acquire a majority stake in the business, subject to FCA approval. Elliott is acquiring its stake from management and Exponent Private Equity which has owned Enra for five-years and is now exiting its ownership […]
LexisNexis® Risk Solutions and Outseer, an RSA company, have teamed up to deliver an industry-first, comprehensive digital banking and payment solution, enhancing card authentication and account monitoring capabilities through the creation of a single customer view in digital banking. With LexisNexis®ThreatMetrix® intelligence from the Digital Identity Network and Outseer 3-D Secure, there is no need […]
RiskBusiness Services Limited, the leading provider of governance, risk, audit, compliance, and content SaaS (Software-as-a-Service) solutions, announced today that it has completed the acquisition of the Global Operational Loss Database (GOLD) from partner UK Finance. GOLD by RiskBusiness provides access to a dataset contributed by an international consortium of financial institutions of different sizes and […]
Temenos (SIX: TEMN), the cloud banking platform, today published a report with the Economist Intelligence Unit, “Banking on a game-changer: AI in financial services”. The report finds that the adoption of artificial intelligence (AI) technology is maturing as banks implement it across a range of innovative use cases. But banks are treading carefully, balancing business […]
