Archangels, the world’s longest continually running investment syndicate, has generated up to £1.4 billion Gross Value Added (GVA) for the Scottish economy from its investments in the life sciences and tech sectors.

200 days on from the mandatory introduction of Strong Customer Authentication (SCA), new research by Barclaycard Payments, which processes £1 in every £3 spent on credit and debit cards in the UK, uncovers the impact of the regulation on UK businesses.

SCA requires shoppers to provide two-factor authentication to complete online purchases and was introduced to help fight the £238.6m of online fraud committed in the UK each year.

Sumsub, a global tech company fighting digital fraud and helping businesses stay fully compliant, is launching a KYT solution for fast and effective transaction monitoring tailored to customers’ specific needs. With this new product, Sumsub can offer clients a full-cycle identity verification platform with seamless orchestration capabilities, ensuring trust along the whole user journey. 

BlueSnap , a global payment orchestration platform whose embedded payments solution is used by many leading SaaS platforms, today announced Letus has selected BlueSnap to power payments for their cloud-based platform for the property rental

Square today launched Tap to Pay on iPhone to its millions of sellers across the U.S. Available within the Square Point of Sale iOS app, Tap to Pay on iPhone lets sellers of all sizes accept contactless payments directly from their iPhone, with no additional hardware required and at no additional cost to the seller.

Syntellect, a Mumbai-based global affordable housing fintech startup, receives strategic investment in Pre Series A Round from UK-based Reall – an impact organization in affordable housing. The funds will be used to further build and promote Syntellect’s flagship product RightProfile^TM for affordable housing solutions in India, Africa and South America.

As the deadline for e-invoicing adoption is nearing for GST-registered businesses with a turnover of 10 crore and above, Tally Solutions gears up to assist these businesses to seamlessly transition and manage e-invoicing with its fully connected solution - TallyPrime. The company has been taking extensive efforts to educate businesses across the country about the amendment to ensure they remain compliant.

Thirdfort, a risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, has announced today its certification as a B Corporation (B Corp), joining a growing group of companies reinventing business by pursuing purpose as well as profit.

Global payment leader BPC and strategy consultancy firm Fincog today announced the launch of a new report to give banking providers key insights on Super Apps and the critical factors that could make them a future threat to traditional banking providers.