Zilch Confirmed As UK’s Fastest-Growing Unicorn By The Financial Times
- 1 year 3 months ago
- FinTech StartUps
Zilch, the fintech payments innovator of the world’s first ad-subsidised payments network (ASPN), has seen its undisputed position as the UK’s fastest-growing unicorn company confirmed in a Financial Times ranking of high-growth firms. The FT1000 league table ranked Zilch the highest of the UK’s unicorns - private firms worth more than $1 billion.
inDrive Expands Financial Services With Its Latest Launch In Peru
- 1 year 3 months ago
- Infrastructure
inDrive, a mobility and urban services platform operating in 888 cities across 48 countries, is pleased to announce the launch of inDrive.Money in Peru. This marks the service’s fourth market of operation, aiming to drive greater financial inclusion for gig economy workers, including drivers and couriers.
Recruitment Payroll Teams Lose 1.5 Working Days Each Week Due To Technology Inefficiencies, Research Reveals
- 1 year 3 months ago
- Infrastructure
A new survey of UK temporary recruitment businesses has revealed that inefficient technology and processes are significantly impacting workforce productivity.
Datos Insights Spotlights Best-In-Class Data And Fraud Orchestration Capabilities Of The Provenir AI Decisioning Platform
- 1 year 3 months ago
- Fraud Detection
As fraudsters continue to exploit any weaknesses in financial services systems, financial institutions must stay ahead of fraud threats, necessitating an integrated approach to risk decisioning across both fraud prevention and credit risk use cases.
Sibstar Launches Crowdfunding Campaign On Crowdcube To Boost Financial Inclusion
- 1 year 3 months ago
- Crowdfunding
Sibstar, the debit card and app for adults who need help managing their everyday money, today launches its crowdfunding campaign on Crowdcube’s platform, with the aim of securing a total of £350,000.
Broadridge Appoints Swatika Rajaram As President Of Bank & Broker-Dealer Investor Communication Solutions
- 1 year 3 months ago
- People Moves
Global Fintech leader, Broadridge Financial Solutions, Inc.,, today announced the appointment of Swatika Rajaram as President of Bank & Broker-Dealer Investor Communication Solutions, effective February 2025.
MoonPay Recurring Buys Now Live In The U.S.
- 1 year 3 months ago
- Lending
MoonPay, the leading global crypto payments company, announced today that its Recurring Buys feature is now available for users in the U.S., enabling them to automate repeat crypto payments. First unveiled to European users in January, Recurring Buys allows you to “set and forget” repeat crypto purchases made with your MoonPay Balance – MoonPay’s product feature that lets you deposit funds to your account for instant zero-fee purchases.*
myPOS Acquires UTP To Strengthen Its Support For UK SMEs
- 1 year 3 months ago
- Infrastructure
myPOS acquired UTP Group Ltd. (UTP), a UK-based payment solutions provider, further solidifying its commitment to delivering innovative payment solutions to small and medium-sized enterprises (SMEs) across both the UK and Europe. With the addition of UTP’s strong direct sales force and established customer base, myPOS is now well-positioned to enhance support for even more businesses and accelerate its expansion within the UK market.
Unlimit Partners With Doto To Support Expansion And Boost Payment Approval Rates
- 1 year 3 months ago
- Payments
Unlimit, the global fintech company, has partnered with Doto, a leading Mexican online electronics retailer, to further the merchant's continued growth and expansion. The partnership will enhance Doto’s payment processing capabilities by improving transaction acceptance rates, reducing bank rejections, and increasing high-risk transaction recovery rates.
AI-Powered Fraudsters Vs. Compliance Teams: Funds Are Raised As The Battle Intensifies
- 1 year 3 months ago
- Fundraising News
AI-native AML compliance platform Flagright today announces a $4.3M seed round to further develop Flagright solutions and fund international expansion. The raise was led by Frontline Ventures, with contributions from a series of notable angel investors.
One In Ten (9%) Parents Forced To Turn To Illegal Lenders In The Last Year
- 1 year 3 months ago
- Lending
One in ten (9%) parents with children under 18 say they’ve been forced to turn to illegal lenders in the last year, shows new research from responsible lender, Creditspring. This is more than double the UK average of 4%, prompting concerns over the long-term financial stability of many families. Overall, almost two million UK adults have borrowed from illegal lenders in the last 12 months*.
Scam Survey: UK Consumers Lack Confidence In Real-Time Payments Security
- 1 year 3 months ago
- Cybersecurity
An international survey on the uptake, trust, and future of real-time payments (RTP) from global analytics software leader FICO highlights the need for UK banks to focus on building confidence in the security of the payment method. While three quarters of consumers in the UK say they have sent (79%) and received (73%) RTP, nearly a quarter (23%) say they do not know if RTP processes include enough security checks. Key Findings
Taulia And Lloyds Launch Visa-Enabled Virtual Cards
- 1 year 3 months ago
- Payments
Taulia, a leading provider of working capital management solutions and part of SAP group, and Lloyds, part of Lloyds Banking Group, the UK’s largest retail and commercial financial services provider, have today announced a partnership to issue Visa-enabled Virtual Cards, embedded across a range of solutions available with SAP Business Suite.
Adyen Giving Surpasses $25M Milestone Thanks To Donations From Millions Of Shoppers Around The World
- 1 year 3 months ago
- Infrastructure
Adyen, the financial technology platform of choice for leading companies, today announced that its Giving product has generated more than $25 million in donations, with brands around the world using the solution to let their customers support causes directly at checkout. Since its launch in 2020, shoppers globally have contributed via their favourite brands through 35 million individual micro-transactions. To mark this important milestone, Adyen...
Project Nemo And HSBC Innovation Banking UK Team Up To Accelerate Disability Inclusion Within FinTech
- 1 year 3 months ago
- Banking
Today, Project Nemo, the initiative accelerating disability inclusion within FinTech, announces that it is teaming up with HSBC Innovation Banking UK to turbo charge its mission. More than 1 in 5 people live with a disability in the UK; an estimated 16.0 million people in the UK had a disability in 2021/22. This is 24% of the total population, representing an estimated £274 billion a year in spending power.
