Connect with us

Fintech PR

iFAST Global Bank Unveils Multi-Currency Current Account Offering High Interest and Cashback, Collaborating with Visa on Debit Card

Published

on

ifast-global-bank-unveils-multi-currency-current-account-offering-high-interest-and-cashback,-collaborating-with-visa-on-debit-card

LONDON, April 25, 2025 /PRNewswire/ — iFAST Global Bank (“iGB” or the “Bank”) is making new strides in UK banking with the launch of its unique Multi-Currency Current Account, an innovative solution that lets customers earn competitive interest rates on multiple currencies while enjoying rewards on everyday debit card spending.

With the iFAST Global Bank debit card powered by Visa, a global leader in digital payments, customers can spend seamlessly in the UK and around the world. The card’s unique numberless design, featuring no printed card number, CVV, or expiry date, provides an added layer of security, with all sensitive details securely managed within the mobile app.

“At iFAST Global Bank, our commitment to IT innovation drives us to deliver a seamless, fully digital onboarding experience through both our app and website. Complementing this is our dedicated digital customer service team, which is committed to offering prompt and efficient support, wherever our customers may be in the world. To make this possible, we need a partner with proven global reach and deep expertise. In Visa, we have found a partner supporting us in developing a secure, customer-focused product,” said Inayat Kashif, Acting CEO, Executive Director and Chief Technology Officer of iFAST Global Bank

Mathieu Altwegg, Senior Vice President, Products and Solutions, Europe at Visa, also commented: “At Visa, we’re pleased to support partners like iFAST Global Bank as they introduce their Multi-Currency Current Account to the UK market. This collaboration reflects our shared goal of enhancing innovation and providing greater choice, access, and value to customers.”

With iFAST Global Bank’s unique Multi-Currency Current Account, UK customers are empowered to grow their money while maintaining full access to their funds. The account offers competitive interest rates, including 3.50% AER (variable) on GBP, 1.50% AER (variable) on EUR, and 2.80% AER (variable) on USD, with no maximum interest caps.

With the Visa-enabled debit card, customers can also enjoy 2% cashback on up to £2,000 of spending per month. The offer is valid for a limited time period, subject to applicable terms and conditions. Unlike traditional accounts, the iFAST Global Bank Multi-Currency Current Account simplifies banking by eliminating the need to transfer funds between savings and current accounts. Designed as a customer-first, all-in-one solution, it provides UK customers with simplicity, convenience, and flexibility.

Why This Account Stands Out

  • Unlimited High Interest: No minimum balance, no interest caps, maximising returns, on everyday balances backed by FSCS protection up to £85,000. 
  • Multi-Currency Convenience: Effortlessly save, spend, and send money abroad across multiple currencies with competitive exchange rates.
  • Global Payment Security: A multi-currency numberless Visa-enabled debit card, accepted in over 200 countries. With no printed card number, CVV, or expiry date, it offers enhanced security, with all details securely stored and managed in the mobile app. 
  • Digital Customer Service: Get timely support via Live Chat and Live Call over the Internet, eliminating the need to dial a phone number, even when overseas. Available 7 days a week during office hours.

Headquartered in London, iFAST Global Bank is the global digital banking arm of Singapore-based iFAST Corporation. The Bank ensures the security of customer deposits, with protection of up to £85,000 under the FSCS scheme. Recognised for its excellence, the bank was recently named Moneyfacts Highly Commended App-Only Savings Provider of the Year 2025 and Commended for Best Customer Service. Demonstrating strong financial performance, iFAST Global Bank achieved profitability in 4Q2024 and surpassed S$1 billion in customer deposits as of end-December 2024, a significant milestone in its growth trajectory.

About iFAST Corporation & iFAST Global Bank

iFAST Corporation is a global digital banking and wealth management platform, with assets under administration of S$25.01 billion as at 31 December 2024. Established in 2000, it operates in Singapore, Hong Kong, Malaysia, China, and the UK. iFAST Global Bank is a fully licensed UK bank, offering multi-currency deposits, payment services, and remittance solutions. Regulated by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), the Bank is a direct member of the Bank of England Faster Payment Scheme, Clearing House Automated Payment System (CHAPS) and SWIFT.

For more information, visit www.ifastgb.com

Advertisement

Media Contact:
Rachelle Au-Yeung | (+44) 7793 469015 | [email protected] / [email protected]

All brand names, logos and/or trademarks are the property of their respective owners, are used for identification purposes only, and do not necessarily imply product endorsement or affiliation with Visa.

View original content:https://www.prnewswire.co.uk/news-releases/ifast-global-bank-unveils-multi-currency-current-account-offering-high-interest-and-cashback-collaborating-with-visa-on-debit-card-302438231.html

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

Forbes Recognizes DXC’s Consulting Excellence in 2025 World’s Best Management Consulting Firms Ranking

Published

on

forbes-recognizes-dxc’s-consulting-excellence-in-2025-world’s-best-management-consulting-firms-ranking

ASHBURN, Va., May 16, 2025 /CNW/ – DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named to the prestigious Forbes World’s Best Management Consulting Firms 2025 list for the third year in a row. Out of 955,000 consulting firms in the U.S., fewer than 0.02% made the ranking, which is based on a rigorous survey of 2,350 clients and peers across 33 categories.

“This recognition highlights DXC’s deep industry expertise and unwavering commitment to driving business transformation through consulting and engineering,” said Howard Boville, President, Consulting & Engineering Services – Powered by AI. “As enterprises accelerate their digital evolution in the era of AI, we continue to deliver intelligent, scalable and secure solutions that help our clients innovate, optimize and gain competitive advantages industries.”

The consulting sector remains one of the most dynamic and rapidly expanding areas within professional services. A recent analysis by the Business Research Company projects that the global management consulting market will exceed $1.07 trillion in 2025, growing from $1.02 trillion in 2024. By 2029, the market is expected to reach approximately $1.33 trillion. To help businesses navigate this vast industry and identify top consulting partners, Forbes and Statista have collaborated to create a definitive ranking of the world’s leading management consulting firms.

DXC earned recognitions in the following categories: Automotive, Digital Transformation, IT, Technology, Telecommunications, and IT Strategy & Implementation. With a global team of 50,000+ highly skilled engineers and consultants, DXC is driving innovation across industries like financial services; healthcare and life sciences; public sector; aerospace and defense; automotive and manufacturing, and more. From improving fraud detection in banking to enhancing safety in autonomous driving, we’re helping clients transform their operations and unlock the potential of AI. The complete list of honorees can be viewed on the Forbes website.

For more information on DXC Consulting and Engineering Services – Powered by AI, visit https://dxc.com/us/en/offerings/analytics-and-engineering 

Forward Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent current expectations and beliefs, and no assurance can be given that any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled “Risk Factors” in DXC’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

Angelena Abate, Media Relations, [email protected]; Roger Sachs, CFA, Investor Relations, +1-201 259-0801, [email protected]

Advertisement

 

View original content:https://www.prnewswire.co.uk/news-releases/forbes-recognizes-dxcs-consulting-excellence-in-2025-worlds-best-management-consulting-firms-ranking-302457866.html

Continue Reading

Fintech PR

Axonify Uncovers the Training Disconnect Facing Gen Z Frontline Workers

Published

on

axonify-uncovers-the-training-disconnect-facing-gen-z-frontline-workers

New data shows personalized, mobile-first learning is essential to retaining and engaging the newest generation of frontline workers

WATERLOO, ON, May 16, 2025 /PRNewswire/ — Generation Z (Gen Z) is reshaping the workforce—and setting new expectations for how training should support their success. According to Axonify’s latest report, Polling the frontline: Gen Z’s training and skills gaps, more than three-quarters (77%) of frontline Gen Z workers have faced situations where insufficient job-specific skills and training hindered their ability to complete tasks effectively. In these moments, nearly two-thirds (62%) reported feeling overwhelmed and anxious, over half (55%) experienced embarrassment and 14% even considered quitting their jobs. This new data from Axonify, a global leader in frontline training and performance, reveals the urgent need for employers to rethink how they train and support the newest generation of frontline talent.

The report surveyed 500 U.S. Gen Z frontline workers to understand what’s working—and where training is falling flat. For many, training begins and ends at onboarding. One in three received training only when they started their role, while 37% say they don’t have enough time to learn on the job. Others describe the training they did receive as disengaging or irrelevant, with 34% reporting that the content lacked interest or practical value. These gaps have real consequences: 67% of Gen Z workers say more consistent training would help reduce burnout, and 81% believe they would stay longer in their jobs if they had better ongoing support.

For Gen Z frontline workers, it’s not just about how much training they get—it’s about how relevant and applicable it is. Many say the content they receive isn’t personalized, doesn’t reflect their day-to-day challenges or fails to build confidence. In fact, 24% of respondents said they didn’t feel more confident after completing training, highlighting deeper issues with how knowledge is being delivered and reinforced.

“These findings underscore the critical need for employers to rethink their training strategies to better support Gen Z workers,” said Dave Carter, Chief Revenue Officer at Axonify. “By providing personalized, engaging and accessible training programs, organizations can not only bridge existing skills gaps but also enhance employee confidence, productivity and retention. It’s clear that adapting to the preferences of this new generation is essential for building a resilient and effective frontline workforce.”

Gen Z workers aren’t resistant to training—they’re asking for more of it, delivered with purpose, relevance and flexibility. Half of the respondents (50%) want personalized training tailored to their roles and career goals. Meanwhile, 35% prefer short video modules that are quick and easy to understand and another 35% want the option to learn on mobile devices. The shift toward more personalized, continuous learning is reshaping how frontline organizations approach training and development—and Gen Z is shining a spotlight on what they need to succeed. When training reflects these real-life situations, workers report greater confidence (90%), productivity (82%) and job satisfaction (81%)—all of which drive better outcomes for employers.

“This generation is digitally native and eager for work,” said Carter. “When training is personalized, practical and accessible, it enables Gen Z to grow with your organization instead of out of it.”

Learn more about the state of Gen Z frontline training in full – Polling the frontline: Gen Z’s training and skills gaps

Survey methodology: Axonify surveyed 500 retail, hospitality and food and beverage frontline workers within Generation Z (age 18- 28) in the U.S. using the online insights platform Pollfish. This survey was completed in April 2025.

About Axonify
Axonify is the #1 frontline-forward training and performance platform used by companies like Walmart, Kroger and Foot Locker. Over 4M users in 160+ countries use Axonify to onboard and train in five minutes a day. With personalized, AI-powered microlearning, custom training content, embedded communication, task management and more, Axonify is revolutionizing the way frontline workers learn, connect and get things done. Axonify is headquartered in Waterloo, Ontario, Canada. For more information, visit axonify.com.

Advertisement

Media Contact:
Niveen Saleh
PR and Communications Manager
[email protected]

Logo – https://mma.prnewswire.com/media/2688968/Axonify_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/axonify-uncovers-the-training-disconnect-facing-gen-z-frontline-workers-302457330.html

Continue Reading

Fintech PR

NYSE Content Advisory: Pre-Market update + NYSE celebrates 233 years forward

Published

on

NEW YORK, May 16, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on May 16th

  • U.S. equities trend higher, with the S&P 500 extending its win streak and closing just 3.7% below its record high, driven by easing trade tensions with China and softer-than-expected inflation data.
  • The Producer Price Index unexpectedly fell in April, and retail sales saw only a slight increase, both contributing to positive market sentiment this week.
  • As the NYSE celebrates its 233rd anniversary, it highlights major milestones including the launch of NYSE Texas and the trading innovations to allow efficient processing of historic message volume across its markets.

Opening Bell
The New York Stock Exchange welcomes ALS United to the podium to recognize ALS Awareness Month.

Closing Bell
The Asian American and Pacific Islander community celebrates AAPI Heritage Month at the NYSE’s 3rd Annual AAPI Bell Celebration.

Download the NYSE TV App and Subscribe Here 

NYSE Logo

Video – https://mma.prnewswire.com/media/2689434/NYSE_Market_Update_May_16.mp4
Logo – https://mma.prnewswire.com/media/2581322/New_York_Stock_Exchange_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update–nyse-celebrates-233-years-forward-302457768.html

Continue Reading

Trending