iDenfy, a Lithuania-based RegTech company that specializes in identity verification and fraud detection services, announced a new partnership with PAYSTRAX, a prominent Fintech company, which provides merchants with a wide range of solutions for card payment transaction needs. iDenfy’s identity verification solution will help PAYSTRAX onboard customers faster while adding an extra layer of security to its fraud prevention program. 

TransUnion has announced Kelli Fielding as its new chief product officer for the UK. As part of her new role with the global information and insights company, Kelli will focus on product innovation, leveraging TransUnion’s global capabilities and maximizing key partnerships.   

As part of the UK executive team, Kelli will drive the product strategy, maintaining quality and delivery of existing solutions, as well as propelling further development of TransUnion’s market-leading products in the UK and Europe.

Over the past decade, the financial technology, or fintech, sector has grown significantly.

Exactly.com, the specialist open banking payment solutions platform, has officially partnered with Wix.com Ltd., a leading global SaaS platform to create, manage and grow an online presence, providing Wix’s UK merchants access to Exactly.com's full-service offering.

Iceberg Data Lab (“IDL”), the independent green fintech providing science-based environmental data solutions for financial institutions, today announced the launch of the world’s first ESG AI assistant “Barbatus”. The new product harnesses generative AI technology to generate real-time, text-based and fully sourced explanations in response to questions regarding the ESG data of portfolio companies.

GoCardless, the bank payment company, has announced a partnership with embedded finance solution provider UNIPaaS, who will be the latest payment service provider (PSP) to tap into the fintech's global bank payment network via a white-label integration. 

Delta Capita, a leading global Capital Markets consulting, managed services and technology provider has been selected by Citi to scale and commercialise its proprietary digital communications workflow management software capability, QMA. 

16 million people in the UK are still unaware you can get into debt using ‘Buy Now Pay Later’ (BNPL) services*, according to research from responsible lender, Creditspring. 

A third of people (31%) still don’t think that BNPL purchases can lead to debt, however, this jumps to over half (51%) for those aged 18-24 who are 29% more likely to use BNPL than then UK average.