Inpay’s Annual Report for 2022, released today at the company’s AGM in Copenhagen, Denmark, announced record results for the international payments firm and outlined plans for significant future growth within their UK office (London) and internationally across Asia, the Middle East and Europe. The Annual Result highlights include:

·       Revenue of £42.7 million, up 26% year on year, from £34 million

Today, UK bank Griffin announced two new executive hires: Chad Ryan as Chief Financial Officer and Dora Grant as Chief Risk Officer.

Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has been named as a founding member of the Data and Technology for Compliance (DT4C) Alliance, formed to provide a leading voice in the fight against financial crime.

On-boarded onto United Fintech’s global capital markets platform, Cobalt is “returning to roots'' and relaunched as CobaltFX with Digital Asset division to form a parallel “new venture” on the same platform in Q2, says ascending CobaltFX CEO Marc Levin. Founder Andrew Coyne echoes vision for strategic plans, adding that product innovation and growth acceleration will be key priorities as he continues with CobaltFX’s team on the new platform: “Together, we’re stronger than ever”.

Salv, a regtech company specialising in collaborative crime-fighting, has partnered with a global identity verification provider 

Frost, is a Manchester-based Fintech which is helping to tackle Britain’s escalating cost-of-living crisis. It does this by leveraging data access through intelligent banking to help its users save up to £1,000 per annum on essential household bills. The socially conscious business will offset its carbon emissions through a range of green initiatives, including tree planting. 

Emerging from the challenges of the pandemic, 2022 was meant to be a fresh start for retailers. But the year was marked by rocketing inflation and climbing interest rates. As a result, businesses operated in an environment of economic uncertainty and looming recession. 

Back in 1800 BC, people believed that temples were the safest places to store money, so they became the first banks. For centuries, their goal was the protection and growth of wealth for traders and wealthy families.

More than a third of European customers are eager to engage with financial services offered by transport providers – including airlines, car manufacturers, train companies, and car associations according to new research from Solaris.

Extracting accurate data is one of the biggest reconciliation challenges buy-side investment managers face just over a year out from T+1 for US equities, according to new research from Gresham Technologies plc. (Gresham) in association with WBR Insights.