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Currensea Secures Major Investment from Two VCs Bringing Total Raised This Year to £4.55M

Open banking-powered fintech Currensea has secured £2.4m from leading Venture Capitalists Blackfinch Ventures and 1818 Venture Capital which will be used to accelerate the fintech’s ambitious growth plans.

Friday, September 30, 2022 - 11:36
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Financial IT
Societe Generale Announces the Proposed Acquisition of Payxpert

As a recognised and long-standing player in all aspects of merchant services and card payments’ processing in France, Societe Generale provides both online and in-store payment solutions.

Friday, September 30, 2022 - 11:29
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Financial IT
HPS Partners with Visa to Fast-track Access to the Scheme’s Payments Network

HPS, the leading global provider of payment solutions and services, today announces it has obtained a principal membership license from Visa, the world leader in digital payments, which will enable HPS’ clients to join the global Visa payments network.

Friday, September 30, 2022 - 11:21
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/news/payments/hps-partners-visa-fast-track-access-schemes-payments-network
Financial IT
Treasury Prime Partners with Bangor Savings Bank to Expand BaaS Network

Treasury Prime, a leading Banking-as-a-Service (BaaS) company, today announced a partnership with Bangor Savings Bank to deliver its award-winning BaaS offerings to the bank and companies it partners with in the financial services industry. 

Friday, September 30, 2022 - 11:03
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Financial IT
WFIS Paces to Unveil Indonesia’s Most Advanced FSI Show

With Indonesia darting to incorporate the latest technology innovations in FSI, the country’s fintech is expected to generate $8.6 billion in revenue by 2025. The move is further getting bolstered by Otoritas Jasa Keuangan (OJK) which is bringing favourable regulatory changes and has even launched “Master Plan for the Indonesian Financial Services Sector (MPSJKI) 2021-2025".

Friday, September 30, 2022 - 10:52
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/news/infrastructure/wfis-paces-unveil-indonesias-most-advanced-fsi-show
Financial IT
Fintech Paylink Solutions Launches New Website to Coincide with Release of Next-Generation Embark Affordability Software

It’s an exciting time for fintech Paylink Solutions, which has recently launched not only the next generation of its market-proven affordability software but a new website too.

Paylink Solutions is the UK’s most experienced provider of customer affordability software. From industries including lending to collections right through to utilities, Paylink’s flagship product Embark helps create intuitive and automated customer journeys.

Friday, September 30, 2022 - 10:44
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Financial IT
Archangels Generates Up to £1.4B for Scottish Economy

Archangels, the world’s longest continually running investment syndicate, has generated up to £1.4 billion Gross Value Added (GVA) for the Scottish economy from its investments in the life sciences and tech sectors.

Friday, September 30, 2022 - 10:36
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/news/investment/archangels-generates-ps14b-scottish-economy
Financial IT
Barclaycard Finds SCA Leads to Drop in Online Card Fraud, but Non-compliance is Costing British Retailers £2.07M in Sales Per Day

200 days on from the mandatory introduction of Strong Customer Authentication (SCA), new research by Barclaycard Payments, which processes £1 in every £3 spent on credit and debit cards in the UK, uncovers the impact of the regulation on UK businesses.

SCA requires shoppers to provide two-factor authentication to complete online purchases and was introduced to help fight the £238.6m of online fraud committed in the UK each year.

Friday, September 30, 2022 - 10:24
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/news/payments/barclaycard-finds-sca-leads-drop-online-card-fraud-non-compliance-costing-british
Financial IT
Sumsub Launches a KYT Solution Offering 300+ Risk Scenarios for Transaction Monitoring and Fraud Prevention for Businesses

Sumsub, a global tech company fighting digital fraud and helping businesses stay fully compliant, is launching a KYT solution for fast and effective transaction monitoring tailored to customers’ specific needs. With this new product, Sumsub can offer clients a full-cycle identity verification platform with seamless orchestration capabilities, ensuring trust along the whole user journey. 

Thursday, September 29, 2022 - 14:41
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Financial IT
Letus, Formally RentMoola, Embeds BlueSnap Payments to Facilitate Rental Transactions

BlueSnap , a global payment orchestration platform whose embedded payments solution is used by many leading SaaS platforms, today announced Letus has selected BlueSnap to power payments for their cloud-based platform for the property rental

Thursday, September 29, 2022 - 14:32
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Financial IT

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