Rubix Data Sciences, a technology and analytics-based B2B risk management and monitoring platform provider, today announced its Rubix Credit Decisioning Solution in now available on SAP Store. The solution work with SAP S/⁠4HANA® Cloud giving access to Rubix Risk Scores and credit and financial risk information. This enables users to make better credit decisions and automate the risk monitoring of their counterparties.

Ondato, a London-headquartered company that streamlines Know Your Customer (KYC) and Anti-Money Laundering (AML) processes, has published a report on identity fraud in the crypto industry that shows that 42% of fraudsters in the crypto industry attempt to trick systems by printing out fake documents. 

finova, the UK’s largest cloud-based mortgage and savings software provider, today announces the appointment of Sasha Sprake as Head of Business Development for finova Connect. finova Connect comprises of a suite of services focused on fostering and strengthening the connection between brokers and lenders, including Payment and Mortgage Services, Broker Verification, and FCA data distribution.

ICON Corporate Finance has advised TravelLocal, a leading brand and online marketplace platform for tailor-made holidays, on its £8.3 million Series B funding round to accelerate international growth.

Tech-focused investment bank ICON introduced lead investor Puma Private Equity to invest alongside existing investors Active Partners and Gresham House Ventures on the round.

AI powered transaction analytics firm, Fuse, has enhanced its offering with the introduction of a new Income Verification Tool, which uses transaction data to provide lenders with detailed insight and probabilistic estimates into the income streams of prospective borrowers, while also painting a fuller picture of their financial position in real time.

Open banking reached a significant milestone in July 2023, surpassing 11.4 million payments. With a 102.4% growth from the previous YTD stats, the groundbreaking financial technology is fast becoming the must-have for merchants across the UK, Europe and Asia. 

In an effort to streamline and simplify cross-border transfers and payments across Africa and beyond, Access Africa has formed a partnership with Thunes, a leading global payment infrastructure platform that connects over 130 countries into a single network offering its members seamless, interoperable and frictionless cross-border payments.

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, today announced the appointment of four new non-executive directors at its parent company, ClearBank Group Holdings.

SmartStream, the financial Transaction Lifecycle Management (TLM^®) solutions provider, today announces the launch of its latest version of TLM Collateral Management, V.6. This new release introduces a modern, intuitive, and thin client user interface. It’s designed for users with different skill sets, including those who are less experienced in the collateral management operations area.