Breaking News
Finance and insurance sector struggles with declining interest in credit and insurance
COVID-19 has hit every industry in varying degrees of severity, for the finance industries, historical turbulence has sheltered them from any immediate harm. However, as the world starts barrelling towards a recession consumer interest in the industry is high.
A new report from Reply, looks into how consumers have reacted to COVID-19 through analysis of online behaviour, some key findings showing how this has changed compared to 2019 are:
- 38% of UK respondents reported a decrease in income
- Consumer interest in financial services has increased by 18%
- There was an 83% increase of interest in mid-term investments
- Interest in insurance decreased by 36% compared to last year after an initial spike at the start of the outbreak
Read the full report here:
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DNA Payments and OnePlusTwo Partner to Expand Self-service Kiosks and Solutions for Hospitality and Retail
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ING Appoints Andrea Burnett as UK Head of Network Sector Coverage
ING has appointed Andrea Burnett as UK Head of Network Sector Coverage, a newly created role designed to support the bank’s growth ambitions with multinational clients through its global network.
FloQast and Forvis Mazars Germany Announce Strategic Partnership to Transform Accounting Automation
FloQast, the Accounting Transformation Platform created by accountants for accountants to automate accounting and audit workflows with AI, today unveiled a strategic partnership with Forvis Mazars Germany focused on enhancing operational efficiency through the automation of key accounting processes.
Ardian and iCapital® Expand Distribution of Ardian Access Evergreen Strategies Through Leading Global Fund Platforms
Ardian, a global private investment firm, and iCapital[1], the global fintech company shaping the future of investing, today announced the continued expansion of their partnership with the broader availability of the Ardian Access SICAV suite of evergreen[2] private markets strategies[3] through leading global fund platforms, including Allfunds, Clearstream and Euroclear Fundsplace.
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Jifiti and Peach Finance Partner to Deliver End-to-End Lending Infrastructure for Community and Regional Banks
Jifiti and Peach Finance announced a strategic partnership to deliver a fully integrated, end-to-end lending solution tailored for community and regional banks
Pembroke Leads Funding Round Into Kaizan of up to £2.5m to Help Services Firms Grow Every Client with AI
Pembroke VCT has led a funding round of up to £2.5 million in Kaizan, investing £1.5 million alongside Velocity Capital and leading industry angels.
DNA Payments and OnePlusTwo Partner to Expand Self-service Kiosks and Solutions for Hospitality and Retail
DNA Payments, the UK’s leading independent payment provider, and OnePlusTwo, a provider of advanced Point of Sale (POS), self-service, and Kitchen Display Screen (KDS) technologies, are partnering to make in-store self-service and online purchases more accessible across hospitality and retail. Together, they offer an all-in-one solution bringing secure, fast payment processing together with the latest software technologies.
ING Appoints Andrea Burnett as UK Head of Network Sector Coverage
ING has appointed Andrea Burnett as UK Head of Network Sector Coverage, a newly created role designed to support the bank’s growth ambitions with multinational clients through its global network.
FloQast and Forvis Mazars Germany Announce Strategic Partnership to Transform Accounting Automation
FloQast, the Accounting Transformation Platform created by accountants for accountants to automate accounting and audit workflows with AI, today unveiled a strategic partnership with Forvis Mazars Germany focused on enhancing operational efficiency through the automation of key accounting processes.
Ardian and iCapital® Expand Distribution of Ardian Access Evergreen Strategies Through Leading Global Fund Platforms
Ardian, a global private investment firm, and iCapital[1], the global fintech company shaping the future of investing, today announced the continued expansion of their partnership with the broader availability of the Ardian Access SICAV suite of evergreen[2] private markets strategies[3] through leading global fund platforms, including Allfunds, Clearstream and Euroclear Fundsplace.
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