Complicated processes thwarting consumers from switching pension providers
A recent study by online pension provider PensionBee has found that convoluted processes and putting people off switching pension providers.
Singapore and Malaysia foster financial synergies with payments linkage
Singapore and Malaysia are set to begin a phased linkage of their two payment systems to support faster transactions between the two countries.
Oy! Indonesia rakes in $30m from SoftBank-led Series A
Payments aggregator Oy! Indonesia has secured $30m from a Series A funding round led by investment juggernaut SoftBank.
Ocrolus reels in $80m from QED Investors-backed Series C
Ocrolus has secured $80m in a Series C funding round led by Fin VC to help the firm scale its financial services document automation solution.
80% of B2B transactions anticipated to be digital by 2025
A recent study by PYMNTS has projected that up to 80% of all business-to-business transactions could be conducted digitally by 2025.
Deutsche Bank set to snap up Better Payment to widen PayTech market share
Deutsche Bank is to acquire payment service provider Better Payment with the aim of expanding its market share in payment processing and acceptance.
Zip extends global reach into India with ZestMoney investment
Australian buy now, pay later (BNPL) company Zip has invested $50m into Indian BNPL firm ZestMoney to expand its global grip on the payment market.
Q2 Holdings, Plaid partner to simplify bank account connection services for customers
Q2 Holdings has launched a strategic partnership with open banking platform Plaid to offer customers a secure way to connect accounts to apps and services.
40% of financial institutions could take a decade to implement open banking
A survey by open banking platform Tink has found that four in ten executives believe it will take their organisation between 5-10 years to fully implement open banking.
PayU teams with AU10TIX to simplify merchant onboarding process
FinTech firm PayU has partnered with identity management company AU10TIX to help streamline its screening and onboarding process.
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