Amicus applies for UK banking licence
Amicus Financial, an online lender that has lent nearly £1 billion in seven years, has applied for a banking licence, hoping to secure it in 2017.
Amicus Financial, an online lender that has lent nearly £1 billion in seven years, has applied for a banking licence, hoping to secure it in 2017.
The rapid growth of the gig economy is variously regarded as a highly positive development but one that can be exploited by corporates exploiting weak employment laws to their advantage, writes Richard Hartung.
Cash in the UK is in quite the precarious position as new research shows that 44% of British people are prepared to ditch notes if card payments were universally accepted.
Payoneer, the international money transfer company, has completed a strong funding round, raising $180m through equity financing.
Major UK and US retailers are embracing digital transformation much quicker than you would think and tackling the digital challenges they face in many different ways.
Mastercard is moving online shoppers further away from passwords and pins and closer to biometric technology as it rolls out its Identity Check mobile app across 12 European countries today.
It seems laptops are about to catch the biometric fever as PayPal, Intel, Lenovo and Synaptics are collaborating to introduce FIDO-enabled embedded fingerprint solution to PCs.
Metromile has just landed nearly $200m in Series D funding for its auto insurance payments platform.
Cash was used in under 50% of all retail transactions across the UK in 2015, according to the British Retail Consortium's annual Payments Survey.
Mastercard is working with Stripe to expedite the payment process for American sellers on the latter's marketplaces using the instant payouts feature from Stripe.