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Sumsub Launches a KYT Solution Offering 300+ Risk Scenarios for Transaction Monitoring and Fraud Prevention for Businesses

Sumsub, a global tech company fighting digital fraud and helping businesses stay fully compliant, is launching a KYT solution for fast and effective transaction monitoring tailored to customers’ specific needs. With this new product, Sumsub can offer clients a full-cycle identity verification platform with seamless orchestration capabilities, ensuring trust along the whole user journey. 

Thursday, September 29, 2022 - 14:41
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Financial IT
Letus, Formally RentMoola, Embeds BlueSnap Payments to Facilitate Rental Transactions

BlueSnap , a global payment orchestration platform whose embedded payments solution is used by many leading SaaS platforms, today announced Letus has selected BlueSnap to power payments for their cloud-based platform for the property rental

Thursday, September 29, 2022 - 14:32
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Financial IT
Square Launches Tap to Pay on iPhone for US Sellers

Square today launched Tap to Pay on iPhone to its millions of sellers across the U.S. Available within the Square Point of Sale iOS app, Tap to Pay on iPhone lets sellers of all sizes accept contactless payments directly from their iPhone, with no additional hardware required and at no additional cost to the seller.

Thursday, September 29, 2022 - 13:41
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Financial IT
UK-based Reall Invests in Syntellect - global Affordable Housing Fintech Startup in a Pre Series A Round

Syntellect, a Mumbai-based global affordable housing fintech startup, receives strategic investment in Pre Series A Round from UK-based Reall – an impact organization in affordable housing. The funds will be used to further build and promote Syntellect’s flagship product RightProfileTM for affordable housing solutions in India, Africa and South America.

Thursday, September 29, 2022 - 13:33
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/news/fundraising-news/uk-based-reall-invests-syntellect-global-affordable-housing-fintech-startup
Financial IT
Gen Z at Highest Risk from Buy-Now-Pay-Later Identity Fraud

With high inflation and the cost-of-living crisis pushing people towards increased borrowing*, research by GBG, the experts in digital identity, has uncovered that people applying for buy-now-pay-later (BNPL) accounts are less likely to be subject to affordability checks.     

Thursday, September 29, 2022 - 13:15
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Financial IT
Tally Solutions to Assist MSMEs with a Turnover of 10 Crore and Above Adopt E-invoicing

As the deadline for e-invoicing adoption is nearing for GST-registered businesses with a turnover of 10 crore and above, Tally Solutions gears up to assist these businesses to seamlessly transition and manage e-invoicing with its fully connected solution - TallyPrime. The company has been taking extensive efforts to educate businesses across the country about the amendment to ensure they remain compliant.

Thursday, September 29, 2022 - 12:55
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Financial IT
Thirdfort Certifies as a B Corp

Thirdfort, a risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, has announced today its certification as a B Corporation (B Corp), joining a growing group of companies reinventing business by pursuing purpose as well as profit.

Thursday, September 29, 2022 - 12:27
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Financial IT
New Report by BPC Highlights Opportunities and Challenges of Super Apps for Forward-thinking Banking Players

Global payment leader BPC and strategy consultancy firm Fincog today announced the launch of a new report to give banking providers key insights on Super Apps and the critical factors that could make them a future threat to traditional banking providers.

Thursday, September 29, 2022 - 11:55
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/news/banking/new-report-bpc-highlights-opportunities-and-challenges-super-apps-forward-thinking
Financial IT
BharatPe’s POS Vertical Hits Profitability in 2 Years of Launch

BharatPe, India’s leading fintech company, today announced that it has achieved an important milestone on its road to profitability with BharatSwipe, the company’s POS business turning profitable. BharatPe has achieved this milestone 2 years of the launch of the product. The company also shared that this is the fastest-ever launch to the profitability story of any brand in the POS category in the country.

Thursday, September 29, 2022 - 11:50
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/news/payments/bharatpes-pos-vertical-hits-profitability-2-years-launch
Financial IT
Call for Urgent Universal Credit Reform as One in Five Reliant on Savings to Pay Bills

Urgent reform of Universal Credit (UC) is needed to provide support to vulnerable households, according to responsible lender  Creditspring, as nearly a third (29%) of low earners are reliant on savings to pay bills – compared to the 21% average for the rest of the UK.

New research from Creditspring also indicates that almost a quarter (22%) of people across the UK will have to take out a loan to pay a bill when their savings run out.

Thursday, September 29, 2022 - 11:44
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Financial IT

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