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British Business Bank Supporting More than 96,000 Businesses with £12.2B of Finance Through its Core Programmes, with an Above Target Adjusted Return of 18.2%

Catherine Lewis La Torre, CEO, British Business Bank, said: “The British Business Bank has successfully delivered against the strategic priorities we set at the beginning of the year.

“We have increased our impact and market reach to smaller businesses across the UK’s regions and Nations and designed innovative programmes while at the same time generating an attractive return on capital employed.

Wednesday, September 28, 2022 - 10:41
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Financial IT
Chase Exceeds One Million UK Customers as it Marks First Year Anniversary

More than one million U.K. customers now bank with Chase, just 12 months after opening its digital bank in the U.K.

On its first anniversary, Chase now holds over £10 billion* in customer deposits in the U.K. and has processed approximately 92 million card and payment transactions since launch.

Wednesday, September 28, 2022 - 10:31
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Financial IT
Experian Fraud Score Aims to Boost Fraud Prevention in the UK

Experian has announced the launch of Experian Fraud Score, a next-generation fraud prevention solution which will help businesses of all shapes and sizes to detect fraud at the point of application, transaction and throughout the customer lifecycle.

The service is independent of any data consortium membership, allowing organisations to have access to an advanced fraud prevention score ‘out-of-the-box’.

Wednesday, September 28, 2022 - 10:25
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Financial IT
wefox Calls on Insurance Industry to Improve Customer Experience

wefox, the world’s leading insurtech, has published today the ‘Global Safety Report’. The results show widespread dissatisfaction and lack of trust in the global insurance industry in an era when the customer experience is at a click of a button.

Wednesday, September 28, 2022 - 10:14
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Financial IT
Leading Embedded Finance Platform, Liberis, Secures an Additional £140M from Barclays to Fund SMEs

Liberis, a leading global embedded business finance platform, today announced that they have secured £140m in financing from Barclays Bank PLC and BCI Finance to help secure it

Wednesday, September 28, 2022 - 10:06
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Financial IT
RazorpayX and Zaggle to Enable Employees to Save up to Rs 40K in Tax

RazorpayX, the neo-banking arm of Razorpay today announced its partnership with Zaggle, a B2B SaaS FinTech company to provide businesses with an easy-to-use plug-and-play solution to enable Flexible Benefits Program further enhancing the employee experienceThis partnership will enable businesses to manage all employee tax benefits and perks on a single dashboard, au

Wednesday, September 28, 2022 - 06:54
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Financial IT
Group Payment App Collctiv Celebrates $20M Milestone

Collctiv, a group payment app that allows friends, families, businesses, charities, and community groups to collect money together, is celebrating a major company milestone after reaching $20 million in processed transactions. 

Since its launch in September 2019, the community-focused fintech from Manchester has grown organically and continues to go from strength to strength on the back of its $1.6 million pre-seed funding investment. 

Wednesday, September 28, 2022 - 06:45
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Financial IT
Chase, DoorDash and Mastercard Announce Partnership to Launch Credit Card

Chase, the largest co-brand card issuer in the U.S., and DoorDash, the local commerce platform, today announced plans to launch the first-ever DoorDash credit card, with Mastercard as the exclusive payments network for the new card. The DoorDash Rewards Mastercard will allow cardmembers to unlock benefits and earn rewards on purchases both on and off the DoorDash platform.

Tuesday, September 27, 2022 - 19:15
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Financial IT
VizyPay Wins Iowa’s Top Workplaces 2022 Award

VizyPay, a leading payment processing company for America’s small businesses, was named one of Iowa’s Top Workplaces by

Tuesday, September 27, 2022 - 19:05
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Financial IT
Esusu and Fannie Mae Team up to Create Equitable Financial Opportunities Through Rent Reporting

Esusu Financial Inc. today announced a new collaboration with Fannie Mae to help renters build credit by incorporating on-time rent payments into renter's credit scores as part of its strategy to advance equity in the housing market.

Tuesday, September 27, 2022 - 19:03
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Financial IT

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