Nivo, the Manchester-based instant messaging and identity verification platform, has announced the close of a £2m funding round from GP Bullhound, the Angel CoFund and a syndicate of angel investors. This funding will be used to accelerate growth and product innovation, cementing Nivo’s position as the fastest, safest way for financial services companies to sign up and service their customers.

Profile Software, an international financial services solutions provider, announced today the selection of Login’s Acumen^net by Sumitomo Mitsui Trust Bank, (SuMiTB) in Japan to support their Treasury operations across six overseas offices in the United Kingdom, USA, China, Singapore, Hong Kong and Thailand.

Kyckr is a regulatory technology company, is pleased to announce the launch of its new digital platform to provide an improved experience for users. The new site is available at www.kyckr.com

Do you want to take a strong position in the field of financial services, to be successful, innovative, and attractive to investors? Become a FinTech. This term has dominated the financial technology industry in recent years.

What is FinTech industry?

If you are FinTech, then you create modern solutions in the field of mobile payments, digital lending or money transfers. Your technology is necessary for the user who does not want to spend time in queues, fill out the documents, and then wait a week for answer.

Open your wallet and take out a coin or banknote and the Queen’s portrait offers a symbol of permanence and security – but are the days of cash numbered?

A growing number of people now never use cash preferring to use cards, electronic transfers or their smartphones to make purchases. And, according to a new research from ThoughtWorks, three in five adults (59%) think Britain will be a cashless society by 2030.

The launch of Paysend Link app is another innovation from payments disrupter Paysend, which is set to support a new way to send and receive money.

The new app builds on the services Paysend already offers, and will allow users to pay anyone in the world with just their mobile number.

Ronald Millar, CEO of PaySend, said: “We are constantly looking for ways to simplify and improve customer experience and make it even easier for the sender to initiate a transaction. Now all they have to do is provide a recipient’s phone number and click send.

BLEND Network, a fast-growing peer-to-peer property lending platform, is bolstering its regional lending to small-and-medium-sized property developers with the appointment of two new lending professionals.

The new hires will help BLEND Network better serve its clients and foster new borrower relationships while also enhancing its due diligence capability for the benefit of its lenders. The announcement follows the appointment of senior property professional Paul Watson as Head of Origination in January.

“Facebook’s announcement that it is to further extend its payment services should not be a surprise. This is another example of Big Tech expanding into financial services, following on the heels of Apple’s credit card announcement in March and Amazon launching peer-to-peer payments in India just a couple of days ago.

Version 3.1.2 of the Open Banking Standard enables enhanced features and functionality, extending beyond basic compliance with PSD2 and RTS regulation.

The Open Banking Implementation Entity (OBIE) is pleased to announce the publication of the latest Open Banking Standard, version 3.1.2 – including updates to the Customer Experience Guidelines (CEGs) and the Operational Guidelines (OGs). Both Guidelines include a number of minor changes and clarifications which have been made in consultation with participants in the ecosystem, and also include updated versions of the checklists.

Cross River Bank (“Cross River”), a leading innovator and provider of banking services for financial technology companies, today announced that it has entered into a partnership agreement with RS2 Software, a global payments processing and technology provider. Together, Cross River and RS2 will provide merchants with a seamless, global payment experience for processing credit and debit card transactions, as well as digital banking for their workers and consumers.