• d prepaid): 57 percent, or 20 payments per month in 2020. 

• Also last year, 31 percent of all payments per month were executed using electronic devices; 14 percent of all bill settlements were made using a mobile phone.

Fraud is a million-pound problem with one in fifteen people falling victim every year, making it one of the most common crimes in the UK. To combat financial crime, the industry has been investing heavily in its security system, fraud prevention initiatives and technology. However, the financial criminals are continuously adapting their methods and the battle against fraud rages on.

Mars Growth Capital, a fund division of the Fintech company Liquidity Capital and MUFG Fund, has announced the closing of a $5.5M financing agreement with the Australian-based sports performance tech company Fusion Sport to drive their international expansion.

With ICE integration complete by Baton, clearing firms will be able to automate collateral management across 5 Major CCPs, together comprising more than 73% of margin, placed by U.S. registered FCMs. 

Citi became first FCM to connect to ICE Clear Europe

Katz Brings 20 Years of POS, Fintech, Technology, Investment and Leadership Expertise to the Regulatory and Operational Compliance Software Company as It Prepares to Launch the Cannabis Industry’s Most Compliant, Cyber-Secure B2B and Retail Consumer Payment Solution

Three year deal will make supporting Real Betis a simpler and more rewarding experience

MuchBetter, the award-winning e-wallet has entered a three-year sponsorship agreement with Spanish La Liga team Real Betis Balompié. 

Enforce helps WestStar implement nCino platform to increase speed and simplify loan origination process

Cuckoo, the UK’s most loved national broadband provider, has announced a string of senior hires joining from some of the UK’s leading tech companies including Just Eat, Monzo and Bulb. Following growth of over 250% so far this year, the broadband challenger has doubled its headcount in just 12 months.