365 Business Finance has partnered with Groov, a FinTech company which provides API access to data and revenue insights, enabling it to fully automate its SME lending offering.

The London-based lender is the first to partner with Groov. The integration will enable 365 Business Finance to get real-time revenue-based information and insights on transactional sources of data for its clients.

This marcus evans conference will showcase best practices to strengthen third-party risk management frameworks, through the procurement of new vendors, actively managing existing vendor relationships, incorporating best practices and principles to control concentration risk.

Is it a currency or a commodity?

These are some of the common debates you might have heard about Cryptocurrency. But, most importantly, these surfaced after the king of Cryptocurrency, or the known digital gold Bitcoin, gained popularity.

Finastra today announced a new Center of Excellence (COE) at Malaysia’s MRANTI Technology Park in Bukit Jalil, Kuala Lumpur. MRANTI Park is a hub for technology innovation, commercial adoption, and scientific excellence. It is an ideal location for Finastra to expand its Asia Pacific footprint, further contribute to the local economy, and promote Science, Technology, Engineering, the Arts, and Mathematics (STEAM) careers in a region dedicated to innovation.

Moneybox has today announced two senior appointments to further strengthen its business and governance. 

Jane Cahill joins the award-winning digital wealth manager as Director of Data, Insights & CRM. Jeremy Marsden has been appointed to the Moneybox Board as an independent Non-Executive Director and Chair of the Board Risk Committee (subject to regulatory approval). 

While London is very much the epicentre of the Fintech success story in the country, the UK as a whole has created a strong ecosystem for the sector, spurring innovation in financial technologies. Still, London does rank as the second-highest ecosystem for Fintech in the world, continuing to attract high levels of investment in the sector.

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that in the past week, the firm earned three more awards for its service in regulatory compliance and trade surveillance, including two honours for innovation in the digital asset space.

Artificial Intelligence (AI) could help banks to prevent over 100,000 Authorised Push Payment (APP) scams each year, according to a trial piloted by two major banks and LexisNexis® Risk Solutions.

The trial saw detection of in-progress APP scams double from 3-in 10 to 6-in-10 cases. Preventing 60% of APP scams before they happen could save the banking sector over £600 million in fraud losses, based on UK Finance figures for 2020 and 2021.

We are moving closer to a cashless society: 89% of payments in the UK are contactless and, globally, contactless payment transaction values are set to surpass $10 trillion by 2027. Ease, convenience, security, and inclusion have accelerated the transition away from cash.

Global analytics software provider FICO announced it moved up a spot from sixth place to top five for the first-time in the Chartis Research RiskTech100® annual report of the world's leading risk technology providers. FICO again ranks number one in the Innovation, Artificial Intelligence Applications, Financial Crime – Enterprise Fraud, and Retail Credit Analytics categories.