“As risk factors proliferate and regulatory oversight increases, procurement must rethink the approach. In a complex and volatile world, procurement is no longer just about commercial value. It's about protecting the organization's reputation, resilience, competitive position and market share.” – Richard Blore, chief executive officer, KY3P, IHS Markit

Increased outsourcing

 In Senegal, 8 out of 10 workers are paid in cash. Most are temporary workers and excluded from health insurance. A survey revealed that 77% of temporary workers would be willing to receive their wages digitally if this gave them access to health insurance.

Path Solutions, a global provider of AAOIFI-certified software solutions and services for Islamic banks and financial institutions, today announced the signing of a new partnership agreement with Bank of Abyssinia (“BoA”), one of the leading banks in Ethiopia serving more than 4.6 Million custom

Sumit Gupta, Co-founder & CEO, CoinDCX

Hi55 Ventures, a disruptive new fintech company in pay, has partnered with Mastercard to launch, a market-first salary access card, enabling people to access their pay as soon as they’ve earned it. 

Apex Group Ltd., a global financial services provider, announces today the appointment of Alistair Stuart to the newly created position of Head of Digital Banking. The Group’s Digital Banking leadership team is further strengthened with the hires of Ankit Shah as Head of Digital Banking Business Development and Neale Croutear-Foy as Chief Technology Officer, Digital Banking.

RegTech industry experts have spoken out in support for the FCA’s recent call for ‘purposeful’ AML controls and financial fraud action.

Tide, the UK’s leading business financial platform, has become one of the latest to be selected to join Tech Nation’s Future Fifty programme, designed to bring together, empower and accelerate the growth of the most successful tech companies in the UK.
 

 B-North the Manchester-based firm building an SME lending bank for the UK has partnered with Testhouse, a leading technology quality and reliability consultancy. 
 
The partnership allows B-North to benefit from Testhouse’s 20 years of experience in the IT industry, in which they serve organisations small to large with DevOps focused consultancy services to help technology work more seamlessly within businesses.