Leading anti-money laundering specialist SmartSearch has enhanced its industry-leading international business reports service, with the addition of 97 new countries to its online platform.

The improvements have been made to give businesses more tools to deal with the rise in fraud and cybercrime, which the Office for National Statistics (ONS) said has increased by nearly a third in the last twelve months.

• Multi-asset fintech broker has grown client base by 220 per cent
• Company announces new board, new structure, strong governance and growth
• Gold revealed as highest traded instrument in 2021

Smart Engines' AI-driven software was equipped in passport e-gates Sapsan at Sheremetyevo International Airport SVO for contactless border control on international flights. Passport e-gates will also be expanded for use in most Russian airports under the plans in an attempt to significantly improve the efficiency of Border Force officials’ services by reducing the manual identity and security checks. 

Buy-now-pay-later: It’s the global fintech revolution enabling shoppers to pay for everyday products in instalments, and arguably marks the greatest disruption in consumer finance since credit cards. 

Yet whilst the likes of Klarna have taken the world of B2C finance by storm, there has been very little innovation or disruption within the B2B payments world. Three factors have however changed this.

Dwolla, a fintech providing sophisticated account to account payment solutions for innovative businesses, announces the addition of Emily Rollins to the company’s board of directors. Rollins brings more than 30 years of experience from the finance industry to Dwolla’s board, alongside expertise in driving high-level growth and expansion. 

US Q3 GDP Slows to 2.0%; Global Bond Yields Climb

Accompanying the significant growth in ecommerce over the past 12 months, is the need for retailers to manage the impact of a growing array of fraud and abuse challenges. One type of fraud that can easily fly under the radar is the abuse of a merchant’s returns policies.

Sovcombank has reduced its ownership stake in SPB Exchange from 12.9% to 9.99% by selling part of its stockholding. The Bank’s stake was purchased by shareholders, some of the Bank’s key partners, as well as the management company Sovcombank Asset Management. Each buyer purchased an insignificant share.

Sovcombank decided to reduce its equity stake in SPB Exchange in order to bring its share below 10% so as to treat this holding as an immaterial investment.

Sergey Khotimskiy, co-owner and First Deputy Chairman of the Board of Sovcombank, said:

Amaiz, the banking app, has appointed Boura Kym Tomlinson Cann as their first Non-Executive Director.  Boura has spent the last fourteen years as Global Chief Compliance and Legal Officer at Polar Capital and previously spent over seven years at the Financial Conduct Authority (FCA), supervising wholesale and derivatives firms. Most recently she was an enforcement manager bringing disciplinary cases against investment firms.