Online payment fraud is becoming more prevalent due to a rise in online transactions during the global pandemic, with The City of London Police reporting online shopping fraud was up 42% in the UK from March 2020 to March 2021.

Avast, a global leader in digital security and privacy, today announced its partnership with one of the world’s largest providers of intelligence for enterprise security Recorded Future. Avast will deliver intelligence on common vulnerabilities and exploit prevalence (CVE) to Recorded Future, contributing to its real-time intelligence reports shared with clients across the globe. 

Tinkoff has launched Russia's first digital BNPL (buy-now-pay-later) service Dolyame.ru. Innovative for the Russian market, this new means of paying for purchases in online stores combines the advantages of online acquiring and installment plans. Buyers can pay for goods in installments without incurring interest, and sellers can immediately receive the full purchase price in their account without commissions or delays.

Atos and DreamQuark, a French start-up specializing in artificial intelligence technologies applied to the finance and insurance sectors and a member of the Atos Scaler accelerator program, are committed to developing socially responsible investment (SRI) through artificial intelligence.

Ivno is delighted to announce the formal launch of its pioneering Tokenization software solution, optimised with R3 Corda. R3 is the market leader in distributed ledger technology (DLT) adopted by many of the world's leading financial firms. Ivno's production-proven software provides a secure, dynamic smart contract driven solution designed for regulated financial services firms globally.

Today, Skyflow announced the launch of its Payments Data Privacy Vault, the industry’s first zero trust data vault designed to securely store and process sensitive payments and PII data. The vault is delivered as a simple API, enabling fintech developers to quickly build innovative applications without worrying about data security, privacy, or compliance. 

TidyPay's Inge Rune Tetlie (Founder), Kjetil Idås (COO), Frederik Shoop (Digital Marketing Manager) and Karoline Alice Idås (Chief Partner & Marketing Manager) about the company, unique features, challenges and future plans.

Financial IT: Can you please tell us more about your background? What’s the story behind the founding TidyPay.

Fintech scale-up Pleo, which offers simplified expense management tools and smart company Mastercards, today launches Bills - an easy way to consolidate, track and pay business-to-business (B2B) bill payments and a supplier’s terms of service. With free-of-charge domestic transfers, businesses will also benefit from additional, vital cost-savings when paying invoices using Pleo Bills.

Attributable to Richard Harrison, VP of Global Partners at PPRO:

The coronavirus pandemic has brought about chaos for many UK SMEs, but raw entrepreneurism has risen through the uncertainty as businesses adapt and pivot to survive.  

New research¹ on the future of businesses from Cynergy Bank found that 70% of businesses have had to change their business model to survive during the pandemic.