New HR and Operations Features Help Small Business Owners Take Better Care of Their Teams, Stay Organized

Invoice2go, a one-stop-shop solution for small business owners and freelancers, announced today that its users can now access Gusto’s payroll and employee benefit features and Bench’s online bookkeeping service. Both are available through the Invoice2go Integrated Apps hub.

Backbase, an Engagement Banking technology provider, announces today that it has partnered with eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth, to enhance eToro’s digital onboarding capabilities and back-end compliance infrastructure.

NiyoX records 500,000 customers’ milestone in just 150 days

Fraudsters targeting general accounts to facilitate criminal behaviour

New technologies such as Machine Learning helping businesses identify more fraud

New research from Experian has revealed that bank account fraud is now tracking at its highest level for more than three years. Drawing on the latest data from the National Hunter Fraud Prevention Service, the analysis uncovered an alarming surge in fraudulent activity targeting British businesses and consumers.

• The use of contactless payments is set to make up 47% of all UK payments between 2021-2022, and will be the most common type of transaction
• Contactless payments are up by nearly a third (30%) since the start of the pandemic, when chip & pin payments were still the most popular way to pay
• Between 2021 and 2022, cash payments will account for just over one tenth (11%) of all purchases

Seaglass Cloud Technology, an end-to-end, software-as-a-service (SaaS) provider to the energy sector, has developed a scalable and future-proof, full-service customer management system for Omni Energy, helping it to provide a responsive and highly-efficient service to domestic pay-as-you-go (PAYG) energy customers.

The pace of product development has never been quicker in the financial sector, with the number of fintech companies trebling since 2018. Within this fast-changing environment, it makes Banking Identification Number (BIN) sponsorship even more critical because this offers a shortcut for many businesses seeking to get their innovative proposition to both domestic and international markets. 

~ Shares.io today announces the next stage of its journey to deliver “investing made social” as waitlists open for UK launch in Autumn, expected Europe-wide early 2022 ~ 

~ One of Europe’s largest-ever seed rounds, $10 Million USD pre-product and previously unannounced funding also revealed, to build social-first consumer app with no-minimum, no-fees access to 1,500 stocks ~ 

·       Open Banking technology could reduce processing times on borrowing applications by 85%, according to new research from Yolt Technology Services (YTS)  

·       Innovation could replace average two-week wait times from application to payment by cutting out application bottlenecks  

TotallyMoney, the credit app built to help people move their money forwards and achieve their financial goals, is excited to announce the appointment of Liz Afolabi as its People Director.