Cashflows, the platform that makes it easy for merchants to accept payments, today announces it is strengthening its leadership team with three new hires. 

The injection of new talent comes at a time when Cashflows is expanding its solutions to help businesses deliver settlement as fast as possible and maintain a healthy cash flow. Francesco Tirelli joins as Chief Customer Officer and will manage Cashflows’ sales and customer success function. 

Leading risk analytics consultancy, 4most, has announced its investment and partnership with innovative fintech, IE Hub, as part of a strategic drive to better serve the millions of people across the country who are currently facing financial difficulty.  The collaboration brings together 4most’s extensive risk and analytical expertise and IE Hub’s intelligent platform capabilities, to deliver invaluable benefits to credit providers, while securing the best possible outcome for customers.

Equifax UK, the business and consumer insights expert, has signed an exclusive agreement with UK consumer fintech and payment card app Curve to deliver comprehensive verification and ID solutions to its new personal finance product, Curve Credit. Powered by Open Banking, Curve Credit allows consumers to ‘Go Back in Time’ and pay later via instalments on transactions made with their Curve card.

Fabrick, Italy’s first open banking ecosystem that operates internationally to promote Open Finance, announces the strengthening of its collaboration with Microsoft Italia with the aim of leveraging Cloud Computing and new technologies to continue to develop innovative projects capable of accelerating the digital transformation of the financial world.

Osu, the payment app for the UK’s self-employed, has today announced the close of a £2.25million seed round, led by early-stage experts Creandum, to fund further growth to reach 10,000 customers this year. 

Launched in 2020 by co-founders Noam Nevo, Daniel Scott and Alon Zion, Osu is transforming the way the self-employed accept and manage their payments through its seamless and intuitive app. 

LOWES, the leading UK independent financial adviser that champions retail structured financial products, has collaborated with Mariana Capital in conceiving and launching the latest in the series of 8:8 Plans.

Following Investec’s recent withdrawal from the UK Retail Structured Products sector, Lowes Structured Investment Centre, has turned to Mariana Capital for the latest innovative 8:8 Plan utilising Morgan Stanley as counterparty.

Organised crime is the biggest compliance-related fear facing firms, but almost half of organisations do not have a fully integrated client monitoring solution as part of their risk management process, according to a new survey by NorthRow.   

The CISI confidence indicator (the sum of positives less the sum of negatives) is 6, reflecting the same level of positivity recorded for the same survey during winter 2015. The poll has been conducted on average every six-12 months since spring 2012.

Positive respondents’ comments included:

The Board of Managing Directors of Commerzbank AG has decided to postpone the Annual General Meeting (AGM) originally planned for 5 May 2021. The postponement is due to the ongoing restaffing on the Supervisory Board. The company aims to hold the AGM in short term and publish the necessary election proposals with the invitation.
 

Today, Creditinfo Group – the leading global credit information and decision analytics provider – announced that is has increased its stake in JSC “Kredītinformācijas Birojs” (KIB) to 51%, becoming the majority shareholder.  

Earlier this month, the US private equity fund Levine Leichtman Capital Partners (LLCP) became the majority shareholder of Creditinfo Group. As the result of that transaction, the share capital of the KIB joint stock company was increased, with ABLV Bank selling its shares.