Allica Bank – the fintech challenger bank dedicated to empowering Britain’s established small and medium sized businesses – has today announced the addition of fixed rate commercial mortgages to its portfolio of SME lending products.

The bank says it has received heightened demand from SMEs and its broker panel for mortgages with a fixed rate amid increasing uncertainty following the Bank of England’s decision to increase its Base Rate and rising business costs.

 Unit4, a leader in enterprise cloud software for people-centric organizations, today announced the findings of Professional Services in Europe:

IDV provider Shufti Pro today announced that it has entered into a strategic partnership with the mobile bank, Banxy, to offer seamless customer onboarding.

UK-based Shufti Pro, an innovator in identity verification solutions, today announced that it has entered into a strategic partnership with the leading Algerian mobile bank, Banxy, to provide a frictionless and secure onboarding experience for new and existing clients.

Hashdex, a leading global crypto-focused asset manager serving more than 250,000 institutional and private investors worldwide and close to $1 billion in assets under management, announced today it has received approval from the SIX Swiss Exchange to list ETPs in Switzerland.

World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) is honored to share that its technology will be used and be a part of at least two new commercial biometric payment card launches in Morocco, announced by two of Morocco’s largest banks. Late last year, Fingerprints communicated that its biometric solution is used in a biometric payment card launch in Jordan.

• Investors: Leading regional and global investors (STV, COTU, Global Founders Capital, and VentureSouq) participate in the oversubscribed round
• Opportunity: zenda, is the first fintech app of its kind for families, enables parents to pay school fees with pay-now and pay-later options, and unlock rewards for paying on time. Allowing parents to split the school fee bills and pay later.

Enters intelligent AML transaction monitoring space to offer end-to-end client risk management and financial crime compliance 

Fenergo, the leading provider of digital solutions for Know your Customer (KYC) and client lifecycle management (CLM), has announced the acquisition of Sentinels, an anti-money laundering (AML) transaction monitoring new market entrant with artificial intelligence (AI) based technology.   

• 91% UK and German businesses surveyed estimate they could be losing up to 25% turnover due to due to shortcomings in their payment gateway

• 2022 could be a pivotal year for payments strategies, with 40% participants saying they need to make improvements to optimise their systems by the end of the year and 23% saying by the end of H1 2022, to avoid further losses

 New data from Klarna, a leading global retail bank, payments, and shopping service, reveals that UK shoppers are looking to integrate new technologies in their shopping experience, both online and in-store, with flexible payments and comparison services on top of their wishlist.  

Fintech company Bite Investments, names four key industry veterans, to further bolster its global technology, legal, finance and sales teams.

Bite Investments, an international alternative investments and technology company, today announced that it made four significant hires in support of its expansion. Bite’s mission is to utilize its technology platform to expand access to the alternative investment ecosystem.