VocaLink, a payments specialist, has partnered with eWise, an online financial management solutions provider, to introduce a new, safer and more secure online payments solution to the UK.
The eWise Online Banking ePayments (OBeP) network keeps financial institutions in the primary position of the payment chain, allowing them to protect and regain revenue being lost to alternative payment providers, while leveraging existing online banking infrastructure. By using VocaLink’s Immediate Payments platform in partnership with the OBeP network, financial institutions will also benefit from a service that provides real-time consumer authentication, validation of sufficient funds and a guaranteed payment to the merchant.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.