As fraud rates continue to rise, nearly all adults in the UK (94%) now say they are taking additional steps to avoid falling victim to scams, according to new research from global fraud and financial crime prevention company, Featurespace.

Three in ten (30%) UK adults have been a victim of financial fraud, and more than half (55%) have seen an increase in the number of scam attempts in the last 12 months.

HPS, one of the leading global providers of software and payment solutions, is pleased to announce the establishment of its new entity in Sydney, Australia. This expansion marks a significant milestone in its international growth and commitment to delivering cutting-edge solutions to its clients across the Asia Pacific region.

J D Wetherspoon, the leading pub operator in the UK, and the UK’s most visited licensed brand, has partnered with Payit by NatWest to provide customers with a new way to pay for food and drinks via the Wetherspoon app, which will be available as of today.

Wirex, the leading Web3 money app, and Visa, a world leader in digital payments, are thrilled to announce a partnership to further the use of digital currencies in the UK and the European Economic Area (EEA).

Today Partior, the DLT-based payment network, announced its first closing of its $60 million Series B funding round led by Peak XV Partners (formerly Sequoia Capital India & SEA) and including Valor Capital Group and Jump Trading Group. The company previously raised $31 million according to Pitchbook.

Instinct Digital, a leading SaaS solution designed to streamline and automate key aspects of funds and investor reporting, today announced the close of a £5 million Series A funding round, led by AlbionVC.

Thunes, a global money movement innovator, has appointed Sigrid Hulsebosch as its Chief Financial Officer. Hulsebosch will oversee Thunes’ financial strategies and lead the global finance function, including planning, treasury, tax, reporting, and investor relations. Based in London, Hulsebosch will report directly to Floris de Kort, Thunes’ CEO.

Alchemy Pay, the world-leading fiat-crypto payment gateway, has partnered with Mastercard to verify authentic users and prevent fraud in the application process. By leveraging Mastercard’s account opening solution, Alchemy Pay ensures a seamless registration experience while efficiently detecting fraud, thereby strengthening risk control measures and enhancing platform security.

Singapore-based fintech startup Qashier announced today that it is launching Treats, a unique payment-linked loyalty programme that allows customers to seamlessly earn points by simply tapping and paying with their linked cards at any merchant under the Treats programme. Since piloting the loyalty programme with 7,000 customers in June 2024, Qashier’s merchants have seen an average of 26% increase in customer purchases and an increased return rate of customers within an average of eight days. 

The insurance industry exceeded loss ratio levels that have not been seen in nearly 20 years, with an estimated $21.2 billion reported in underwriting losses in 2023. To help insurers, Verisk  a leading global data analytics and technology provider, has launched its ISO Experience Index, an innovative tool designed to modernize how actuaries in the insurance industry analyze risk patterns.