Credit card spend 3.5 percent higher compared to June 2019 suggests some households are benefitting from pandemic savings, but not everyone is experiencing post-COVID confidence with accounts missing two payments increasing 15 percent compared to May

Highlights

 LHV Bank and European payment services provider Nets have extended their long-term partnership in Estonia, while adding new issuing services for LHV’s British subsidiary, LHV UK Limited.

• After launching in the UK in 2020, SurePay’s Confirmation of Payee (CoP) solution is now checking over 30 percent of all online payments in the British market

  SurePay, the leading Confirmation of Payee provider, has announced that Triodos Bank UK, one of the leading players in ethical sustainable banking, will implement its full-service Confirmation of Payee solution.

• Phillip McGriskin has an impressive portfolio of fintech successes, including TransferWise, SuperAwesome and YOTI. 

• His latest venture, Vitesse, was listed in the Deloitte 50 Fastest Growing Tech Companies 2019, contracting over 60% of the London insurance market.

Robocash group, a global fintech holding, has published the results for the first half of 2021. The Group doubled the yearly loan disbursement volumes and managed to achieve commendable results. 

TrueLayer, Europe’s leading open banking platform, has announced that Roberto Villani has joined the firm as its Head of iGaming.

A highly experienced commercial manager and payments specialist with deep expertise in the iGaming sector, Roberto will define and manage TrueLayer’s strategy for iGaming alongside Truelayer’s Chief Revenue Officer Max Emilson and UK Country Manager Jamie Morton.

Digital AML provider launches campaign to highlight flaws in manual methods

Leading UK RegTech specialist SmartSearch has launched a new Electronic Verification Uncovered campaign, to raise awareness of the dangers of relying on outdated methods of identity verification for regulated businesses.

The campaign is part of the SmartSearch Index report which is being published to highlight the ongoing threat of money laundering in the UK.

Solidatus, the leading metadata management technology firm, has been chosen by British Business Bank to enhance its data governance and data lineage capabilities. British Business Bank is the UK’s business development bank that helps drive economic growth by making finance markets work better for smaller businesses across the UK. Solidatus’ award-winning data lineage solution will empower the company to visualise and manage all its data from end-to-end.

FutureBricks, tech-led specialist lender, joins Twenty7Tec, introducing its updated lending criteria to intermediaries.

New appointment brings up 100 employee milestone and follows the fraud fighters’ recent Series A investment round and launch into the US and Indonesia