Deko, the multi-lender Buy Now Pay Later (BNPL) platform, has appointed Daniel Lee as Head of Consumer Product. Most recently, Dan was Group Product Manager – Payments, Fraud and Consumer Credit at retail giant Kingfisher plc.

Allica Bank, the fintech challenger bank dedicated to supporting UK small and medium businesses, has extended its asset finance proposition to include soft assets to meet the demand from its brokers and customers. The bank is offering financial support to help businesses finance soft assets, which may include the acquisition of IT, telecoms or security equipment, and further increasing the ways that businesses can increase their cashflow.

India’s leading fintech company, today announced three key appointments in line with its commitment towards building an organization with high levels of corporate governance, compliance and data security. The company announced the appointment of Ambuj Bhalla as its Chief Information Security Officer (CISO). A respected name in the information security and cyber security domain, Ambuj brings in close to 2 decades of experience in technology with a strong focus on information security, as well as data privacy and protection.

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that cryptocurrency derivatives exchange Deribit has selected the firm’s Validus platform to provide market abuse monitoring on the exchange.

The global card-to-card pioneer and international payments platform Paysend today announced the appointment of Rupert Bedell as the Chief Marketing Officer. As one of the UK’s most experienced financial services marketers, Bedell’s appointment completes Paysend’s global executive team.

Responsible lender, Creditspring, has seen a spike in demand over the last 12 months with 260,000 members seeking credit as the cost of living crisis extends into 2023.

The lender’s membership base has spiked over the last 12 months – increasing from 100,000 at the start of 2022 to over a quarter of a million today. 

Managing compliance risks can feel intimidating, especially because identity crime and fraud attempts jumped by 36% in 2021 relative to 2020, according to the Identity Theft Resource Center. As global regulations and accessibility increase, so do compliance risks.

People love paying in instalments, this isn’t anything new. And the latest version of this offering, buy now pay later (BNPL), has taken the world by storm. Around 17 million consumers have used BNPL instalments in the UK alone.

Financial decision-makers across regions are investing in automation (37%) and supply chain technology (37%)  as businesses respond to inflation and lingering concerns about a recession, according to new research from Taulia, the working capital management solutions provider.

LendInvest, the UK’s leading asset manager for property finance, announces a partnership with the British Business Bank to help finance smaller property developers provide more homes across the UK.