Signifyd, the market leader in commerce protection, announced the launch today of its AI-powered Return Abuse Prevention solution, a customizable innovation that attacks a $43 billion problem by detecting return abuse and empowering merchants to provide friction-free refunds for valued customers while thwarting those seeking to game the system.

Alibaba Group has once again ranked third in the global Infrastructure as a Service (IaaS) market and first in the Asia Pacific region for the third consecutive year, according to the latest report entitled Market Share: IT Services, Worldwide 2020, from leading global research and advisory firm, Gartner.  

Today, OMNI Conversion Technologies Inc. (OMNI CT) announced the first sale of its unprecedented waste to hydrogen product. The Larsen and Lam Climate Initiative, a foundation backed by philanthropists Chris Larsen and Lyna Lam, has invested $35 million to bring this groundbreaking technology to production in the fight against climate change. The first commercial plant in production from OMNI CT will use unsorted non-recyclable Municipal Solid Waste (MSW), which is currently disposed of in landfills, to produce negative carbon hydrogen in California. 

Penfold, the challenger pension that launched in 2019, has today announced it has reached a significant milestone in its journey to become one of the biggest challenger brands in the pensions industry – after extending its FCA permissions to full pension operator, and launching its own SIPP.

Yimba a FAST (Fintech As a Service Technology) company, and 

COVID has upshifted the business landscape into turbo mode, leaving many organisations scrabbling around in its wake and trying to catch up. For the more traditional players in the financial sector, this inhalation of exhaust fumes as the new business climate drives on ahead has served as a wake-up call. Its need for digital transformation far preceded any sign of a pandemic. But COVID has finally driven traditional banks and insurance firms into the fast lane when it comes to tech investment.

MoonPay, the global payments solution for cryptocurrency, has partnered  with Sumsub, an identity verification platform to provide its 250 customers better compliance processes. 

The partnership will see MoonPay utilise Sumsub’s industry-leading compliance solution to create a stronger and  safer Know Your Customer (KYC) and Know Your Business (KYB) processes for its global clients. 

Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced enhancements to its Business Growth Loans, helping to support more UK SMEs as lockdown restrictions are eased. The product, initially launched in March, was the industry’s first solution designed to support SMEs as the government’s Coronavirus Business Interruption Loan Scheme (CBILS) came to an end.

 Following its most recent funding round, Stripe became the most valuable private company in Silicon Valley. According to the research data analyzed and published by ComprarAcciones.com, the digital payments giant raised $600 million at a $95 billion valuation.