Experian today announces a new service which will help banks and building societies identify and close ‘money mule’ accounts which are used to house fraudulently-obtained funds.

Money mules are individuals who have agreed to let their bank accounts be used by criminals in exchange for cash. According to new insights from Experian, 42% of first-party current account fraud is now mule-related, with the fraud rate for current accounts rising by 13% in the first three months of the year.

Defaqto, the UK’s most trusted source of financial product and market intelligence, today announced that it is building a full two-way integration with new fintech challenger, Plannr.

The integration will see its proprietary financial advice software, Defaqto Engage, integrated with the Plannr CRM system for the benefit of advisers who use the fintech platform. 

The US market is currently in favour with younger investors, according to the latest investor report from smart money app Plum.

Fingerprint Cards AB (Fingerprints) has been selected to join the World Economic Forum´s (WEF) New Champions Community as its first biometrics company member.

Opensee, which provides complete data access and real-time analytics to financial institutions, has appointed Anne-Laure Delaplace to the new role of Chief Operating Officer as it deepens its senior leadership team to drive the company on its growth trajectory.

We are delighted to announce that BMLL has won ‘Best Managed Services Solution for Market Data’ at the TradingTech Insight USA Awards 2023. These awards recognise excellence in trading solutions and services for capital markets, and focus on vendors providing exceptional and innovative trading infrastructure, technology, and data solutions dedicated to the challenges faced by firms operating in the US trading environment.

ZuluTrade, a world-leading social trading and wealth management platform provider part of Finvasia Group, has announced its participation in SiGMA Americas, Brazil. The company will showcase its updated Affiliate Program at the São Paulo edition of the iGaming conference. ZuluTrade’s representatives will be available at the Transamerica Expo Centre from June 15 to 17, 2023, at Stand Number C150.

Akurateco, a leading global provider of white-label payment software, has announced its direct strategic integration with Skrill, a prominent digital paymen

The British Business Bank has appointed Chantal Geall as its new Chief Risk Officer (CRO), effective from September 2023.

Chantal Geall joins the British Business Bank from Lumon Pay, a private equity-backed firm that provides payment services and foreign exchange to private individuals, small businesses and institutions.