CryptoUK, the trusted voice of the UK crypto industry, has welcomed His Majesty’s Treasury’s (HMT) long-awaited Future Financial Services Regulatory Regime for Cryptoassets consultation paper and its policy statement which includes a proposed “bespoke exemption” for cryptoasset businesses promoting financial products.

The adoption of the latest version of 3D Secure authentication for online payments has significantly increased around the world, according to a new report by fraud prevention specialists Ravelin.

Provenir, a global leader in data and AI-powered risk decisioning software, today announced it has achieved ISO/IEC 27001 accredited certification for its information security management systems. ISO/IEC 27001 is a globally recognized information security standard which requires compliance across all aspects of information security and operations. 

Brush Claims (Brush), an insurtech claims solution firm using innovative proprietary technology, has unveiled a new visual identity, website, and refreshed positioning in support of its growing worldwide presence in the insurtech space. The firm elevates their carrier partners and their policyholders by delivering impactful, exciting results through its claim process, strategy development and implementation.

TSB finds that 51-65-year-olds account for almost half (46%) of money lost to romance fraud, although the number of fraud cases are spread out across all age groups. 

Romance scammers have claimed over 7,000 victims in under three years – and stolen over £65 million from people seeking romance online.  

OrangeGrid, a provider of mortgage servicing software, announces Flagstar Bank, a national leader in mortgage lending and servicing, has implemented mortgage servicing software provided by OrangeGrid to manage its loss mitigation processes and enhance internal efficiencies.

Digital banking provider Bankjoy, today announced the launch of Online Account Opening 2.0, which enables financial institutions to quickly and seamlessly onboard new members and clients, enhancing the first digital experience while driving deposit growth.
 

Esprow is excited to announce the launch of its new product, ETP S-Box, designed to make it easier for organizations to manage their FIX APIs.

Stripe is closing in on a mega $2.5 billion funding deal with existing investors that would value the payments giant at between $55 billion and $60 billion, according to The Information.