Sumsub, a global verification and anti-fraud leader, today announced it has been named a Leader in the IDC MarketScape: Worldwide Identity Verification in Financial Services 2025 Vendor Assessment (doc # US52985325, September 2025). The report evaluates identity verification providers based on both current capabilities and long-term strategies, assessing how well vendors meet the needs of financial services organizations now and in the years ahead. 

SmartSearch has agreed to acquire Credas Technologies Ltd, a leading provider of identity verification solutions for the legal and property sectors. This strategic acquisition, subject to regulatory approval, enhances SmartSearch’s position as one of the UK’s foremost digital Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance platforms.

The Royal Bank of Scotland (RBS) has revealed plans to launch the first IP-backed loans for high growth businesses in Scotland – allowing them to access vital funding using the value of their Intellectual Property as collateral, instead of traditional physical assets.

It follows a change in Scottish law earlier this year whereby the Moveable Transactions (Scotland) Act 2023 took effect, giving lenders the ability to accept effective security over IP rights.

Capital A has partnered with Ant International to optimise treasury operations and enhance customer experience for its airline business, AirAsia. By leveraging Ant International’s proprietary Falcon Time-Series Transformer (TST) Model, Capital A was able to better manage AirAsia's cash flows across multiple currencies and in turn, offer more stable, competitive pricing to its customers.

Baselane, the banking and financial platform purpose-built for real estate investors, today announced it has raised a total of $34.4 million in new funding, including a recently closed $20 million Series B led by Thomvest Ventures and a previously unannounced $14.4 million Series A led by Matrix Partners.

Checkout.com, a leading global digital payments provider, today announced a strategic technology collaboration with Microsoft. As part of the multi-year technology agreement, Checkout.com will adopt Microsoft Azure’s cloud infrastructure to accelerate digital payments performance for its enterprise merchants.

Today, Teya, the all-in-one financial services provider supporting local businesses across Europe, now enables its merchants across nine European countries — the UK, Hungary, Iceland, Czechia, Slovakia, Croatia, Portugal, Italy and Spain, to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone.

New research commissioned by Affirm, the payment network that empowers consumers and merchants with flexible and transparent payment options, reveals that payment flexibility is now one of the most important factors influencing travellers when booking flights and holidays. 

Pleo, one of Europe’s leading spend management platforms, has announced the launch of multicurrency accounts, giving companies the power to hold and spend up to six currencies from a single Pleo card.