As part of its Shop Owners Benefit Program, PayNearby - India’s leading branchless banking and digital payments network - has launched a unique insurance solution ‘Poorna Suraksha’ for its retail community. In a first of its kind initiative, this exclusive and holistic insurance solution will ensure the safety and security of PayNearby’s 15+ lakh retail partners across 17,500+ PIN codes.

Chetwood Financial (“Chetwood”) announced today the appointment of Simon Allsop as Chief Financial Officer. Simon who will be based in Wrexham, joins from OneSavings Bank where he was Group Director of Capital Markets. Prior to this he held senior positions at Fitch Ratings and Charter Court Financial Services, where he was a key member of the management team that led the company through its 2017 IPO and merger with OneSavings Bank in 2019.

·       Challenger digital bank goes live on The Temenos Banking Cloud, creating a unique digital service that simplifies banking, rewards customers and helps them achieve their financial goals

·       Successful launch of new digital bank paves the way for a transition to The Temenos Banking Cloud solution for all retail brands under the Bank of Queensland umbrella

Unlike traditional Banks, Chetwood Financial is not looking to build a customer base and then cross-sell to them. Instead, focus on distinct customer segments that are underserved by the market, creating innovative products to meet their needs. Chetwood Financial does this through different brands, not one, because what works for one customer isn’t necessarily right for all customers. Chetwood Financial also does this for other industries and companies too, offering them white-labelled products with no upfront investment.

Helping banks, financial institutions and non-bank finance companies (NBFCs) to better assess micro, small and medium enterprise (MSMEs) for credit solutions, Mswipe announced an industry first hybrid credit score in partnership with Equifax.

The score adds a quintessential layer of credible alternative data - transaction variables, merchants customer profile, loyalty base and other payment related parameters in addition to traditionally available demographic data and credit bureau rating.

Leading anti-money laundering specialist SmartSearch has warned many businesses may be at risk of being in breach of GDPR rules, due to a lack of secure data hosting.

The end of May marked the third anniversary of GDPR becoming law in the UK, yet according to the RegTech specialist, regulated businesses in the housing chain risk non-compliance if they rely on manual customer records.

Qumulo, the breakthrough leader in radically simplifying enterprise file data management across hybrid cloud environments, today announced the expansion of its 

Clearwater Analytics, a global SaaS solutions provider, announced today that it was named Best Client Reporting Solution in the 2021 FTF News Technology Innovation Awards.