Category: Digital Finance

Algbra is on a mission to eradicate social and financial exclusion and provide ethical and sustainable financial services to everyone. The platform offers a range of financial services, and is built on state-of-the-art financial technology. Algbra's commitment to ethical finance means that money will never be held in a high-risk way or be exposed to unethical industries.

Brits think white-collar criminals have an easy ride in the UK, with fraudsters not being brought to justice. In fact, 59 per cent believe that if they were to report an incident of white-collar crime to the police or a relevant body, nothing would be done about it.

Brits have more stolen payment card details listed for sale than any other country in Europe, according to new research of dark web data by cybersecurity company NordVPN.

Keeping a business safe and secure will always be a top priority for business owners and despite best efforts at tight security, some businesses do find themselves victim to break-ins or other illegal activities.

In the UK, debit and credit cards account for more than 85% of payments made to businesses each year. This figure is expected to grow to more than 95% by 2031.

2023 is off to a rocky start for retailers. Recent events including the COVID-19 crisis, the ground war in Europe and rising inflation are all having a toll on how consumers are shopping - and merchants need to adapt to the new landscape.

In today’s commercial world, there’s a shift happening. This has seen the role of finance teams change from dealing only with accounts and spreadsheets to being involved in business strategy and decision-making too.

The global digital payments market is now estimated to be worth more than the car manufacturing sector, and is expected to reach USD$20 trillion by 2026. According to virtual payment card provider Lanistar, this extraordinary growth of some 24 percent per year is being driven by a combination of technological innovation along with changing expectations and spending habits among consumers.

iwoca has announced the integration of its B2B payment solution iwocaPay with Quickbooks’ leading accounting software package – this makes it the first invoice checkout integration with a BNPL option for businesses that integrate with QuickBooks.

Digital transformation in retail, enhancing customer experience, is the primary ecommerce market growth factor. In 2022, global retail sales reached $27.34 trillion, among which $5.76 trillion accounted for ecommerce retail sales.

If you run your own business, the upsurge in the popularity of digital wallets and mobile wallets won’t have escaped your attention. If you’re thinking about starting to offer it as a payment method but aren’t quite sure yet, this guide is for you.