• A report by Fasthosts has revealed that the pandemic has left UK businesses vulnerable to fraud and cyber-attacks.
• Data from the National Fraud Intelligence Bureau show that businesses have had over £2.4 billion losses due to cybercrime in the past year!
• Since January 2021 there were 445.357 reported cases of cybercrimes in the UK.

●      The ProcureTech company has announced a funding round led by Octopus Ventures 

●      Cloud-based platform helps companies procure more strategically, and better manage supply chain risk and compliance

●      The funding will be used to develop a suite of SaaS applications and to enable international expansion

●      Contingent’s global customer base has been growing at 10x p.a. and includes companies such as Monzo, Seagate, Huel, Barratt Developments plc and HM Government

The three new offerings are Bitcoin Vest, Third-party Vests, and DIY Vests  

New Chief Legal Officer set to accelerate the open banking fintech’s global ambitions

Yapily, the leading open banking infrastructure provider, today announces it has appointed Selene Brett as its Chief Legal Officer, where she will play a key role in expediting Yapily’s strategic growth plans.

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, announced today that the firm has acquired RCM-X, a technology provider of algorithmic execution strategies and quantitative trading products. TT made the announcement at a session with leaders of many of the largest global financial institutions on the first day of the 2022 International Futures Industry Conference in Boca Raton, Florida. Both firms are based in Chicago.

Talent.com, the fast-growing global player in next-generation job search platforms, today announced a $120 million US Series B funding round led by Inovia Capital, with the participation of existing investor Caisse de dépôt et placement du Québec (CDPQ), and new investors Investissement Québec, Climb Ventures, BDC Capital, Fondaction, and HarbourVest Partners.

As global demand for legal entity checks increases, Sumsub is here to help companies verify their business clients, stay compliant and avoid huge fines.

Anti-fraud and verification platform, Sumsub, is launching a KYB solution for fast and effective verification of companies.

Currencycloud, the experts simplifying business in a multi-currency world, has today announced it will partner with Moov, a US-based developer platform focused on the payment experience, to improve a range of international and domestic payments capabilities for each other’s customers.  

Powered by Volante’s low-code technology, the ISO 20022 service provides API components based on comprehensive standards libraries, simplifying ISO 20022 adoption for financial institutions

emerchantpay, a leading payment service provider, and Propel, a pioneering asset finance specialist, have announced a new strategic partnership. This will enable emerchantpay’s partners to offer top-of-the-range card terminals to merchants in the UK, with flexible financing options.