Anne Boden, founder of Starling Bank, is to step aside as CEO on 30 June and will remain on the Board as a non-executive director. John Mountain, Starling’s COO, will take over as interim CEO to lead the digital bank into its next phase of growth.

The move comes as Starling reports:

HedgeFlows, a financial toolkit for SMEs, has appointed former Xero Sales Director Glen Foster to its advisory board ahead of the launch of a new Accountants Dashboard.

With his extensive experience in the accounting and financial services sectors, Foster will accelerate HedgeFlows’ expansion by championing its accountancy solutions to partners and prospective clients.

big xyt, the independent provider of smart data and analytics solutions to the global trading and investment community, today announced the release of the Trade Verification Tool, a new interactive service which returns the verification of price reversion and execution performance on any trade instantaneously.

SmartSearch, the leading UK provider of digital compliance solutions, has appointed Ian Wright as its new strategic alliances manager. 

KYP, a leading real-time and proactive alerts risk intelligence platform, has announced a strategic partnership with 

The UK has a fraud problem, which increasingly is being fuelled by AI. According to one estimate, Brits lost as much as £4 billion to scammers in 2022. Things are set to get worse still, as cyber-criminals tap the power of machine learning to outwit technology used by organisations to spot suspicious behaviour.

A great leap forward

CellPoint Digital, a leading Payment Orchestration Platform provider, has been appointed as a strategic partner to Grupo Xcaret, one of Mexico's largest entertainment, travel and hospitality firms, to deliver its orchestration platform to Xcaret’s four million customers each year.

The collapse of Silicon Valley Bank (SVB) has brought to light the importance of good governance and the devastating impact on all stakeholders when it goes wrong, particularly the public. Sadly, fintech is a high-risk sector for governance failings. This is due to their typically rapid growth, management’s misunderstanding of governance (it builds efficiency and long-term sustainability not bureaucracy), and leaving governance framework considerations too late, leading to a disconnection between governance and the embedded culture of the organisation.

Money20/20, the world’s leading fintech show, regarded as the place where money does business, today announced the finalists for its highly anticipated pitch battle, Europe’s Got Access, showcasing the most innovative and eco-conscious climate fintech startups across Europe.

Sumsub, a global tech company offering customizable KYC, KYB, KYT, and AML solutions, today announced the successful completion of the System and Organisation Controls (SOC) 3 audit.