Yoii Inc., providing the revenue-based financing (RBF) platform "Yoii Fuel" in Japan, announces the completion of a Series A round for approximately $5.5M. This funding round was led by Emellience Partners, with participation from Itochu Technology Ventures, FFG Venture Business Partners, and five other existing investors. This raises Yoii's total funding to $9.5M. By introducing innovative new fundraising methods in Japan, that are neither debt nor equity, Yoii aims to support the growth of startups.

The UK Government has published its most recent review into business payments and cash flow. The review, published in November 2023, calls for greater and more transparent reporting for businesses in an attempt to reduce the threatening late payment culture.

Workplace c and savings fintech Cushon has become the latest member of the Association of British Insurers (ABI) during a pivotal period of pension reform including the Chancellor’s recent Autumn Statement announcement aimed at unlocking investment in high-growth companies and improving member outcomes. 

Alternative finance lender, Reward Finance Group, is strengthening its expansion plans in the North East by appointing Aaron Tinmouth as business development manager.

Originally from South Shields, Aaron has spent five years in the banking sector, most recently as a lending specialist where he managed and maintained a commercial portfolio of active applications.

Bank of Khyber (BOK), one of Pakistan's leading banking institutions, has announced a significant partnership with BPC, a leader in financial technology solutions, to enhance e-commerce and online transaction security for its customers. Under the agreement, all Mastercard debit Cards of Bank of Khyber will be equipped with 3D Secure authentication, conforming to the latest industry standards.

Selecting and installing a new payment system is a daunting task. Besides the financial investment, there is the disruption and impact on customer experience (CX) to consider. Yet get it right, and a new payment system can liberate retailers, laying the foundations for long-term success and growth. 

To help you make the right decision on your next payment system, here are seven often-overlooked steps you must consider:

2023 kicked off the beginning of some major changes set to impact the fraud landscape, both from the regulators and industry in terms of approaches to fraud prevention itself, and I expect them to gather speed in the coming year.

A holistic approach to APP fraud prevention

Much has happened since scams, or authorised push payment (APP) fraud, hit our radar back in 2020.

Thredd, a rapidly expanding next-generation global payments platform, announced its selection by Paytron, a full-suite workflow and spend management platform, as their global issuer processing technology partner.

SumUp, the leading global financial services company, today announced it raised €285 million in funding led by Sixth Street Growth with further participation by Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group.