KPay Secures Record USD 55 Million, Marking 2024’s Largest Series A Fundraise Globally in the Payments Sector
- 2 weeks 4 days ago
- Fundraising News
KPay Group (KPay), a one-stop financial management and business operations platform, today announced the successful completion of its first institutional funding round, raising a record USD 55 million, the largest Series A globally in the payments sector in 2024[1].
BNP Paribas’ Securities Services Business Launches New Data Management Services in Partnership with NeoXam
- 2 weeks 4 days ago
- Data Management
BNP Paribas’ Securities Services business today announces the launch of new post-trade data management services, leveraging the Investment Data Solution (IDS) of NeoXam, a market leader in financial data technology solutions, to support clients’ decision-making across the investment value chain.
NatWest Group Innovation Team Launches New Fintech Growth Programme
- 2 weeks 4 days ago
- Infrastructure
NatWest Group is set to launch its first Fintech Growth Programme, an exciting opportunity for fintech startups to use the resources, expertise and networks of an established high-street bank to help them scale-up sustainably. The programme supports NatWest’s ambition of leading the future of banking with the hope that some of the participants will help drive the bank’s innovation pipeline.
Diagram Capital Selects Muinmos to Enhance Client Onboarding and KYC Compliance
- 2 weeks 4 days ago
- AML and KYC
Diagram Capital, an FCA regulated investment company that provides expert guidance and support for professional clients, is pleased to announce its partnership with Muinmos, a market-leading RegTech solutions provider. This collaboration introduces Muinmos’ advanced onboarding platform to streamline and enhance Diagram Capital’s client onboarding and KYC (Know Your Customer) / KYP (Know Your Partner) processes.
Each UK SMB Lost £11,000 to Online Fraud in 2024
- 2 weeks 4 days ago
- Cybersecurity
According to new research released today, on average, each of the 5.5 million SMBs in the UK lost almost £11,000 (£10,800) this year through fraud. With hackers, scammers, and unethical shoppers becoming increasingly sophisticated, smaller businesses are worryingly underprepared for attacks - with nine in ten senior c-suite execs concerned for their survival as a result.
Intuit and Adyen Collaborate to Help Small and Mid-Market Businesses Get Paid Faster
- 2 weeks 4 days ago
- Payments
Intuit Inc., the global financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced a collaboration with Adyen, the fintech of choice for many of the world's leading businesses, to help small and mid-market businesses (SMBs) more easily manage electronic payments.
Tribe Payments Powers Up Ribbon’s Issuer Processing, Enabling Its UK Launch
- 2 weeks 4 days ago
- Payments
Tribe Payments, a leading digital payments and infrastructure orchestrator that specialises in issuer and acquirer processing, has partnered with digital financial platform,
2 in 3 UK Adults Say Social Media Giants Have It in Their Power to Do More to Combat Payment Scams
- 2 weeks 4 days ago
- Payments, Security
Over two thirds (69%) of the UK adult population believe social media companies have it in their power to do more to prevent payment scams, according to new research* of 2,000 UK adults by Tunic Pay, an anti-fraud fintech company helping household-name UK banks detect and prevent scams before they happen, and Opinium, the market research consultancy.
New Programme from Responsible Lender Creditspring Helps Unlock Access to Affordable Credit
- 2 weeks 4 days ago
- Lending
Responsible lender, Creditspring, has launched a new programme – Creditspring Go - to support borrowers with thin credit files build their credit history, develop financial knowledge, and improve access to more affordable credit options with Creditspring.
Brits Most Likely in Europe to Demand Near-Instant Decisions on Loans, Insurance, and Accounts, but Least Likely to Want to Talk to Staff
- 2 weeks 4 days ago
- Digital banking
Consumers in the UK are the most likely in Europe to demand near-immediate decision-making on services and product applications by banks, insurers and lenders. The new research from CRIF, Europe’s leading provider of consumer and credit information, finds one in seven Brits now expect financial providers to approve loan applications within minutes (14%) or an hour (16%), twice as likely as the rest of Europe (7% and 8% respectively).
PayPoint and Lloyds Join Forces to Empower the Nation’s 60,000+ SMEs with New Payments Offering
- 2 weeks 4 days ago
- Banking
PayPoint Group and Lloyds today announce the official launch of their partnership expansion across the UK to more than 60,000 small and medium enterprises (SMEs), offering merchants a market-leading proposition.
MCB Bank Partners with BPC to Strengthen Digital Security with AI-Powered SmartVista Fraud Risk Management Solution
- 2 weeks 4 days ago
- Fraud Detection
MCB Bank Limited (MCB), one of Pakistan's leading banks, has selected BPC, a global leader in payment solutions, to strengthen the security of its digital channels by
WealthKernel Taps Griffin to Expand Its Product Portfolio with Savings Accounts
- 2 weeks 4 days ago
- Payments
WealthKernel, a leading digital investment infrastructure provider, has partnered with Griffin, the UK’s leading bank for fintechs.
Global Finance Leaders Utilize AI-Generated Data to Guide Key Business Decisions
- 2 weeks 4 days ago
- Artificial Intelligence
Research from Taulia, a leading provider of working capital management solutions and part of SAP Group, reveals AI-generated data has become the single most important tool in financial leaders’ decision-making process. These findings indicate AI is no longer viewed as a peripheral tool but is becoming foundational for strategic decision-making among finance leaders.
Innovative Systems Introduces FinScan Marketplace: A Unified AML Platform
- 2 weeks 4 days ago
- Compliance
Innovative Systems, Inc., a leading provider of enterprise data, compliance, and integration solutions, has launched FinScan® Marketplace, a groundbreaking platform designed to serve as a one-stop shop for anti-money laundering (AML) compliance.
