Sumsub and NiceHash share the results of their partnership.

Sumsub, a global identity verification and KYC/AML compliance provider, is sharing the results of their partnership with NiceHash, the world’s leading cryptocurrency mining platform with 2.5 million users worldwide.

America's second largest bank unlawfully garnished the accounts of thousands of its customers

The global securities finance industry generated $828 million in revenue for lenders in April 2022, according to DataLend, the market data service of fintech EquiLend. The figure represents a 20% increase year over year from the $690 million generated in April 2021.

Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totaled an additional $229 million in revenue in April, a 16% increase from 2021.

• 370% increase in funded deals in Q1 2022

365 Business Finance, a provider of fast and flexible revenue-based finance to SMEs in the UK, has reported a 370% increase in the number of funded deals during the first quarter of 2022*, compared to the first three months of last year. 

Following such significant growth in demand, as the UK economy and SMEs start to bounce back after a difficult two years, 365 Business Finance has now expanded its partnerships team to assist more businesses post-pandemic. 

Fable Fintech, a leading global banking infrastructure company enabling SaaS-powered platforms for cross-border, corporate, trade, and FX transactions, today announced its strategic partnership with XeOPAR, a one-touch cross-border payments and remittances startup for all. Fable Growth Suite (Retail) platform chosen by XeOPAR serves both inward and outward remittances. In addition, it helps payments providers grow revenue from existing and new customers, and improve profitability.

Organisations across the globe today use between an average of four and six different tools or platforms as part of their overall fraud and risk strategy, according to new research* from Darwinium – a next generation digital risk management platform.  Whilst this approach has become necessary to defend against the ever-evolving plethora of online threats and adversaries, it seems that the lack of a common and singular view is creating significant challenges to customer experience and authentication processes. 

PIMFA, the trade association for the wealth management, investment services and the investment and financial advice industry, is pleased to announce the launch of PIMFA WealthTech.

corfinancial, a leading provider of specialist software and services to the financial services sector, announces that Archer, a leading technology enabled service provider for investment managers, has extended their use of corfinancial’s  Salerio® Post-Trade Execution solution to commence trade processing for their retail services.

Transact365, a UK-based global payments platform powering merchants in emerging markets, has today appointed David Lambert as its new CEO. 

An original co-founder and former Commercial Director at Transact365, Lambert will oversee the fintech’s expanding merchant customer base and card schemes. He will also work closely with the rest of the senior management team to expand the business into new markets and take advantage of new opportunities in the fast-evolving payments landscape.