The FCA’s call for flexibility on mortgage repayments to support struggling homeowners highlights the financial stress many people in the UK are currently experiencing. Tink’s research shows that nearly one in four (24%) Brits have already missed, or expect to miss, a mortgage or rent payment due to the rising cost of living.

But there are ways that banks can harness financial technology to help support people in challenging economic times.

 AppTech Payments Corp. (“AppTech”), an innovative Fintech company powering seamless, omni-channel commerce between businesses and consumers, today announced that management will participate at the Nuvei Partner Conference taking place March 12-14, 2023 at the Talking Stick Resort in Scottsdale, AZ.

ComplyAdvantage, the leading fraud and financial crime detection firm, has named Jim Anning as the company’s Chief Data Officer as part of its commitment to innovation in anti-money laundering / countering financial terrorism (AML/CFT) services.

The newly created role on the Executive Leadership Team reflects the centrality of quality and comprehensive insights to the company’s mission and products.

Monnai Raised $6.5M in a Series A Round Led by Tiger Global

Partnerships 

Aevi Selects OvationCXM to Transform Digital Payment Customer Experience

Monnai, a provider of consumer insights infrastructure for financial institutions, has raised $6.5 million in a Series A funding round led by Tiger Global.

Leading Irish identity verification solution ID-Pal, today announced its official launch into the US market to meet the demand for its platform across the United States. Championed by Enterprise Ireland, the US launch is building on ID-Pal’s success in serving both SMEs and enterprises across over 30 industries with simple, secure, and convenient identity verification.

APEXX Global (‘APEXX’), the leading global payments orchestration platform, has raised $25m from existing and new investors, closing its Series B  round. The funds will be used to develop APEXX’s products and technology and to expand its presence in North America. 

Alternative data specialist QuantCube Technology today announced the availability of the QuantCube Industrial Production Indicator (IPI) nowcast – providing a daily update on industrial production output in the U.S. market. The indicator measures year-on-year changes in outputs from the manufacturing, mining, electricity and gas industries to provide insights into total industrial production, a key driver of GDP.   

London-founded fintech Detected has announced its expansion into the US market. The company, which provides a global end-to-end KYB platform, has established a US entity to better serve its American clients.