A leading payment orchestration provider, BR-DGE, has announced today its integration with PayPal to offer merchants greater payment choice and flexibility at online checkout. This collaboration between the two companies offers the latest integrations for BR-DGE merchants with PayPal’s complete payments platform (PPCP) and the PayPal Braintree platform. PayPal’s complete payments platform (PPCP) is enabling […]
A new study of 1,000 UK consumers by global analytics software leader FICO has put the spotlight on the customer acquisition and retention advantages of strong fraud strategies. Once simply viewed as necessary overhead, according to the new research fraud departments are now the secret weapon in winning customers. Fraud protection was cited as the […]
Financial institutions must turn to new AI, encryption, and web3 storage technologies to keep customer data safe, argues OmniIndex CEO, Simon Bain Criminals successfully stole over half a billion pounds over a period of just six months in 2023 through fraud, according to new research from UK Finance. The threat of fraud, coupled with the various regulatory […]
UK banks will be able to assess the environmental, social and governance (ESG) profile of their UK and EU based suppliers, partners and customer portfolio quickly and effectively, thanks to a pioneering new data repository and scoring service. ESG Analytics from CRIF, Europe’s leading provider of consumer and business credit information, and a key global […]
New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform players, neobanks and payment providers. According to the study, “Challenging the challengers: Europe’s banks face the competition”, almost half (43%) are investing in fintech start-ups and a third (36%) are building their own greenfield digital bank […]
The analysts calculated the value of fintech investment in GDP per capita of the GCC region using Tracxn data on funds raised by fintech companies. In 2022, the UAE was a leader with a significant gap – $636.4 (1.01%) in GDP per capita came from fintech. It was followed by Bahrain with $89 (0.24%) and […]
Over half of UK businesses experienced a cyber breach in 2023 despite an overwhelming majority having deployed multi-factor authentication (MFA), a new study has revealed. Cybersecurity firm IDEE commissioned an independent survey of more than 500 IT and cybersecurity professionals within UK businesses. The research found that 95% of businesses have deployed some form of […]
NatWest has become the first UK bank to be named as a supplier on the Crown Commercial Service’s (CCS) new Dynamic Purchasing System (DPS) for Open Banking services. This DPS will be accessible by all public sector entities in the UK including central government, local authorities, NHS, police, education providers, devolved administrations and charities. The […]
New research reveals that the majority (52%) of financial services employees feel positive or very positive about the growth of AI, and 62% say learning to use new technologies increases their motivation at work. More than half (56%) are also confident they have the necessary skills to work with more AI tools. The research, which […]
Benjamin Reid, CBI director of technology and Innovation, said: “The government should be applauded for listening to the CBI and other industry voices in avoiding the temptation to rush to legislate in the AI space. “Setting a clear path towards an agile, principles-based approach to regulation will not only allow firms to make the most […]
