Banks remain the biggest business lenders, issuing over 90 per cent of Small to Medium Enterprise (‘SME’) loans in the past year, however, recent banking decisions have forced businesses to look for funding options away from traditional bank lenders. Many are now exploring the FinTech sector to improve their cash flow and fund business growth.

Refinitiv, an LSEG business, today announced the introduction of a secure, personalized, and frictionless global digital onboarding solution to help businesses streamline their approach to onboarding customers. 

Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it has been named a finalist in the “Best Smart Banking Tech Solution - AI-Driven Data Insights” category of the 2022 Fintech Futures Banking Tech Awards.

Winners will be unveiled on Dec. 1 during an awards ceremony at the Royal Lancaster Hotel in London.

Veem, an Accounts Receivable/Accounts Payable network for SMBs, today announced the launch of real-time payments in 100+ countries, serving businesses with domestic and cross-border payments.

New research from Bright Data, the industry-leading web data platform, and independent research firm Vanson Bourne reveals how pervasive and crucial web data is to business strategies across the retail, travel and banking sectors. Nearly all 500 respondents (93%) believe that web data is either “very important” or “crucial” to supporting operations and decision-making across their organisations – with an additional 6% ranking it as “somewhat important.”

Fireblocks, an easy-to-use platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced today the public launch of its Payments Engine, a new suite of tools that will enable payment service providers (PSPs) with the ability to provide a blockchain agnostic, end-to-end solution for merchants, entrepreneurs and creators to accept, manage and settle digital payment transactions across any geography.
 

Bitcoin reached an all-time high of over $68,000 in November 2021, despite starting the year at under $30,000. There is no doubt that cryptocurrency (crypto) is a volatile market as the rates can drop and rise at any moment, so why is cryptocurrency at the forefront of most investment discussions and should employers consider paying employees in such a way?

CleverCards, the global payments platform, has announced at Money20/20 a landmark integration with Mastercard Processing Europe, the issuing processor arm of Mastercard, in furtherance of their recent partnership with Mastercard.

Time Finance is pleased to announce the appointment of Kevin Howard to Head of Relationship Management in its Invoice Finance Southern team. Kevin will join the newly opened Reading office to oversee and manage its relationship management team.

Kevin brings over 20 years’ experience to the role having built a credible career in relationship and risk management at firms including Royal Bank of Scotland (RBS), Aldermore Bank, Bibby Financial Services and Eurofactor.

Sumsub, a global tech company providing customizable KYC, KYB, KYT, and AML solutions, today announced the launch of Workflow Builder, a feature enabling businesses to create user verification workflows tailored to specific triggers and risk scenarios. This new offering will allow companies to automate onboarding decision-making with flexible rules and actions, making user journey seamless while keeping pass rates high.