Spendesk, the leading spend management platform for SMBs, today announced it has raised $18 million in addition to its Series B round last year ($38 million). The new investment comes from global VC fund Eight Roads Ventures and brings the total raised to $68.5 million. This funding will support the strong growth Spendesk has realised despite the current pandemic, which has accelerated digitisation of finance departments and increased the demand for spend management solutions.

ClientPay (clientpay.com), an award-wining digital payment acceptance solution for legal and professional services firms, has announced enhanced security features designed to help firms operate more securely, with reduced liability and lower PCI scope. These features include a Request Payment Method solution and Multi-Factor Authentication.

At the end of last year, Infosys published a 2020 trends forecast looking at Artificial Intelligence in banking, but much like everyone else, COVID-19 has forced us to reassess that. A significant change is that banks – and industry, in general – will assert their demands from Artificial Intelligence (AI) technology, rather than waiting for AI vendors to propose solutions. These demands will be of a structural nature, and more sophisticated to ensure relevant applications in future use cases.

Banks will expect so much more

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced that Britannia Global Markets, a bespoke, all-encompassing brokerage house and subsidiary of Britannia Financial Group, has selected Broadridge to streamline its post-trade processing for its international s

Technical body EMVCo has launched a pilot testing programme to evaluate consumer mobile devices for contactless payment acceptance.  The Early Adopter Programme is open to vendors for functional evaluation of smartphones and tablets that can be used by merchants to take payments, without the need for ad

Marqeta, the global modern card issuing platform, today released a report that examines how banks intend to change their strategies in response to the COVID-19 pandemic. According to the findings, COVID-19 has had a significant impact on almost all (96%) European banks, with over three-quarters (78%) planning to change their future banking strategy to adapt to changes in consumer behaviour, such as the accelerated adoption of digital banking services and cashless payments.

Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, today announced a new partnership with SprintQuip, an Australia-based cash handling specialist to distribute Auriga’s omnichannel banking software suite WinWebServer (WWS) throughout the Australasia region.

Red Hat, Inc., the world's leading provider of open source solutions, today announced a step forward in enterprise-wide IT automation with the integration of Red Hat Ansible Automation Platform and Red Hat Advanced Cluster Management for Kubernetes.

A fast growing European identity verification provider is reporting significant UK growth, increasing its headcount to 10 and growing its order intake by 1400% since it launched in London and Manchester less than 12 months ago.

Independent insurance broker, Thompson Insurance, has future-proofed its business by moving its IT infrastructure to the cloud, simplifying back up and access to critical data and enabling employees to work from home during the coronavirus lockdown.