Rising online and mobile banking fraud in the United Kingdom has become more than just a royal nightmare. A recent report from UK Finance finds that the level of fraud in the UK is now a bonafide national security threat.

Debite, the dynamic financing platform for early-stage companies, has today announced its UK launch with a mission to help businesses more effectively manage their cash flow and maximise their growth potential.

Worldline, a global leader in payment services, is proud to announce it is one of the first payments companies to enter the Metaverse with the launch of a dedicated virtual showroom. The company aims to bridge the gap between the network of virtual worlds and the real world for e-Commerce enterprises and provide its merchants with the opportunities needed to benefit fully from the incredible potential the Metaverse has to offer.

FOREX, the market leader in currency exchange services in the Nordic countries, is outsourcing its entire ATM channel management to Diebold Nixdorf and is expanding its fleet with

Mollie, one of the fastest-growing payment service providers in Europe, has appointed Koen Köppen as its new Chief Technology Officer (CTO) to support its mission to build a range of world-class financial services that helps SMEs grow. 

Synaptic, a leading alternative data insights start-up, announced today the successful closure of $20 million in Series B funding round led by Valor Equity Partners. Synaptic combines the best of technology, machine learning, and finance to bring sophisticated alternative data insights to decision-makers.  

Gate.io, one of the world’s earliest cryptocurrency exchanges and a leader among digital asset platforms, is celebrating its 9th birthday starting today, on May 30th, 2022.

Global Processing Services (GPS), a leading global payment technology platform, has today announced the appointment of Jill Docherty as Director, Global Partnerships. Based in London, Jill sits on GPS’ global executive committee and is responsible for identifying, leading and managing all GPS ecosystem partners, facilitating collaboration to drive innovation and growth for GPS and its customers.

Atom bank, the Durham-based fintech, is today reducing headline rates across its fixed-rate commercial mortgage products by up to 0.75%.

Atom, which last year hit £1bn in balance sheet lending to SMEs, is providing a special offer to help ease the pressure on small and medium-sized businesses (SMEs) who are grappling with the highest base rate since February 2008, rising inflation and increased business castoffs.

As inflation rises and the economy fluctuates, a significant number of consumers are beginning to look for alternative ways of banking and managing their finances. This is where fintech comes into play, as it offers a wider range of services that align with the needs of modern consumers. The fast-growing industry covers most financial services that are available online, from digital lending and mobile banking to cryptocurrency and insurance.