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Data and payments platform Moneyhub has revealed that one in five Brits are regularly making payments via Open Banking (21%), according to its research.
Open Banking, account-to-account payment, payment methods, research, API, data
US-based company Jumio has announced the launch of its new AI-driven fraud prevention technology, in order to identify fraud patterns more accurately.
product launch, fraud management, fraud prevention, fraud detection, identity theft, identity verification, identity fraud
Weavr has planned to shut down its Open Banking payments app Comma as a standalone product, but will use its underlying technology in its embedded finance offering.
Open Banking, B2B payments, recurring payments, embedded finance, API
Weavr has compiled a whitepaper from independent research and surveys to provide a comprehensive look on embedded finance offerings and aspirations of financial institutions.
embedded finance, research, survey, financial institutions, compliance, Consumer Duty
US-based Identity orchestration company Jumio has released a new research which reveals the disconnection between consumer awareness of AI and deepfakes and their risks to security.
identity verification, artificial intelligence, deep fake, fraud management, identity fraud
Olga Karablina, Head of Payment Product Development at ECOMMPAY, gives an overview of the impending Buy Now, Pay Later regulations in the UK, offering advice to help merchants prepare for the changes.
BNPL, regulation, merchants, customer experience, financial services
UK-based payment service provider ECOMMPAY has revealed that 24% of UK consumers require better understanding of BNPL schemes.
BNPL, survey, cryptocurrency, Open Banking, online payments
YTS, Open Banking, study
Open Banking, research, report, ECOMMPAY, survey
ECOMMPAY, research, cross-border payments, Brexit, online payments
Open Banking, study
Banking Circle has found that nearly two thirds (64.6%) of online merchants have needed extra finance in the past two years (excluding borrowing due to the current COVID-19 crisis).
FX rates, loans, SMEs, banking, fintech, merchants, Europe, study, cross border payments, payroll, business costs, settlement accounts, Banking Circle
New research from Judopay has revealed that with over a quarter of UK consumers would rather queue in store than make a purchase on their mobile as it’s ‘too stressful’.
survey, Judopay, Black Friday, mobile payments, in-store payments, customer experience
UK-based PSP Nuapay has commissioned a piece of research revealing that 89% of airline and subscription economy merchants are prepared for Open Banking.
Nuapay, Sentenial, research, survey, Open Banking, UK, Europe, PSD2, merchants, airline, subscription economy, ecommerce, payments , banking, Open APIs, Censuswide
Research from Klarna and Censuswide shows that half of fashion retailers want to invest in AR/VR, even though shoppers say they would not be interested in using it.
fashion retailer, Klarna, AR, VR, Klarna, ecommerce, Censuswide, pay later
Sweden-based fintech Crealogix has commissioned a study examining consumer preferences finding that robo-advice more popular with UK younger investors.
Censuswide, Crealogix, digital wealth platform, investing, investment, robo-advisory, automated investment management, lending, digital banking
Research from Econocom UK has revealed that 95% of retailers believe that payment-over-time solutions are important for future digital innovation in retail.
payment-over-time, retail, ecommerce, POS, digital transformation, digital innovation in retail
Klarna and Ovum have found that poor checkout process and lack of payment options are the main causes of abandoned online baskets in the UK.
Klarna, Ovum, checkout process, payment options, abandoned online baskets, UK, ecommerce, online payments
Millennial holidaymakers are driving an increase in mobile payments abroad, with 1 in 20 making at least one payment with Apple or Android Pay while on holiday abroad in 2016, a recent report shows.
DCC Forum, mobile payments, contactless payments, mobile wallet
A study among UK companies has revealed that they are stockpiling Bitcoin in case they get Infected with ransomware.
Citrix, Censuswide, Bitcoin, ransomware, stockpile, cryptocurrency, ransomware attack