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CFPB Finds Payday Borrowers Continue to Pay Significant Rollover Fees Despite State-Level Protections and Payment Plans

Research suggests deceptive industry practices drive cycles of costly reborrowing

Wednesday, April 6, 2022 - 17:37
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/news/payments/cfpb-finds-payday-borrowers-continue-pay-significant-rollover-fees-despite-state-level
Financial IT
Hawkish Fed Speak Drives Up US Bond Yields, DXY Soars

Euro Plunges, AUD Reverses Gains Post RBA, USD/JPY Up

Wednesday, April 6, 2022 - 17:28
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/blog/stocks/hawkish-fed-speak-drives-us-bond-yields-dxy-soars
Financial IT
Fed Balance Sheet Concerns, and keep an eye on the Euro

Wednesday, April 6, 2022 - 17:27
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/blog/stocks/fed-balance-sheet-concerns-and-keep-eye-euro
Financial IT
New Data Confirms that HMRC’s Approach to IR35 is Hampering Growth for the UK IT Industry
  • 50% of businesses reported that IR35, the UK’s anti-avoidance tax legislation, was the biggest obstacle to hiring contractors over the past 12 months

  • More than 70% of businesses and recruiters have seen a drop in their limited company PSC contractors since the IR35 reform 

  • Half of contractors in the UK have considered closing their businesses, retiring, or leaving the UK entirely due to IR35 reform

Wednesday, April 6, 2022 - 17:27
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/news/insurance/new-data-confirms-hmrcs-approach-ir35-hampering-growth-uk-it-industry
Financial IT
Economic Secretary to the Treasury Praises UK’s ‘robust’ Anti-Money Laundering Systems

John Glen, Economic Secretary to the Treasury, has praised the UK’s robust Anti-Money Laundering (AML) approach and pledged that the government will not compromise on its high standards. Addressing delegates in his keynote speech at the Innovate Finance Global Summit during FinTech Week 2022, the minster gave a wide-ranging speech covering issues such as growth in the UK’s FinTech sector, regulation, management of crypto assets and tackling the challenges posed by money laundering.

Wednesday, April 6, 2022 - 15:40
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/news/aml-and-kyc/economic-secretary-treasury-praises-uks-robust-anti-money-laundering-systems-0
Financial IT
ePay Europe - Shaping the Future of the European Payment Industry

Epay Summit Europe returns for its 2nd year but this time, we’re going live on the 19th May 2022 at The Brewery in London.

After a very successful virtual launch event in April 2021 which saw 1000+ attendees from across Europe join us, ePay Europe returns to deliver a unique forum for collaboration between payment providers, banking, retail and telecommunications leaders to shape, de-risk and simplify payments moving forward.

Wednesday, April 6, 2022 - 15:23
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/news/payments/epay-europe-shaping-future-european-payment-industry
Financial IT
FintechOS Enters Pet Insurance Market

FintechOS, the global leader in high-productivity fintech infrastructure to companies that offer financial services, today announced its entry into the pet insurance space with its newest Accelerator, empowering insurers to offer hyper-personalized pet cover to a

Wednesday, April 6, 2022 - 14:35
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/news/insurance/fintechos-enters-pet-insurance-market
Financial IT
Trulioo Appoints Identity Industry Expert Dawn Crew as First Chief Marketing Officer

Trulioo, the leading global identity verification company, today announced the appointment of Dawn Crew as its first Chief Marketing Officer. Crew brings more than 25 years of experience in defining and leading global marketing strategies for technology companies in the identity verification, authentication and human resources industries. Most recently Crew served as Senior Vice President, Industry & Solution Marketing at TransUnion, accountable for leading teams across the organization’s core B2B Solutions businesses. 

Wednesday, April 6, 2022 - 14:20
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/news/security/trulioo-appoints-identity-industry-expert-dawn-crew-first-chief-marketing-officer
Financial IT
Gaviti Raises $9 Million in Series A

Gaviti Raises $9 Million in Series A After Helping Clients Collect $6.2B in Account Receivables in 2021

FinTech startup Gaviti helps companies recoup outstanding receivables with their automated platform. In 2021, our clients recovered $6.2 billion in A/R Receivables by streamlining an otherwise tedious process,” said Yan Lazarev, Co-founder & CEO of Gaviti.

Wednesday, April 6, 2022 - 14:03
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/news/accounting/gaviti-raises-9-million-series
Financial IT
Citi Extends Trade Product Offerings with the Launch of Sustainable Trade and Working Capital Loans Solution

New solution assists clients with their working capital needs whilst also supporting their sustainability goals

Citi has today announced the launch of its Sustainable Trade and Working Capital Loans (Sustainable T&WC Loans) solution in Europe, Middle East and Africa (EMEA), Latin America (LATAM) and Asia Pacific (APAC) regions.

Wednesday, April 6, 2022 - 13:59
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/news/banking/citi-extends-trade-product-offerings-launch-sustainable-trade-and-working-capital-loans
Financial IT

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