Global fintech SumUp, one of the fastest-growing fintech companies globally, has achieved a significant milestone by processing over 1 billion transactions on an annual basis. 

European Regtech scale-up Salv has announced the launch of its Collaborative Scenario Library, an innovative tool designed to help AML teams improve their transaction and customer monitoring in order to catch more financial crime.

Research from Moneyhub, the Open Banking data and payments platform, has revealed that younger generations are more likely to have been victims of financial fraud than older generations, who have traditionally been seen as the primary target. The research, which surveyed over 2000 people, brings into focus the extent and scale of the issue across the country and across the generations.

Bank payment company GoCardless has announced a partnership with Total Grassroots and kit manufacturer Kelme to simplify payment collection for grassroots football clubs and kit out their team.

YouLend, the leading global embedded financing platform, reports today that a growing number of UK SMEs are turning to embedded financing to secure vital capital ahead of the most important sales period of the year—Black Friday and Christmas. YouLend data reveals a 30% surge in financing applications leading up to Black Friday in 2024, with ecommerce platforms being the main driver of this jump, illustrating the growing demand for flexible financing options at the point-of-need.

Data is the fuel that keeps the engine of any organisation running efficiently. Its growing importance is becoming a frequent topic of conversation in boardrooms and strategy meetings. Companies increasingly know the need to protect their sensitive information and continue investing heavily in cybersecurity measures. However, this approach has a critical oversight: The assumption that investing in cybersecurity alone is sufficient to safeguard data.

Sumsub, a full-cycle verification platform, has announced its integration with Elliptic, the global leader in cryptoasset risk management.

Just in time for the holiday shopping season, Charlie, banking* for 62+ Americans, launched 

interactive investor (ii) has rolled out NatWest’s multi-award-winning open banking payments solution Payit™, to enable their customers to deposit funds onto the investment platform immediately to allow investments to be made.  

Customers can now use Payit™ by NatWest to make a payment/a fund deposit online through the ii website and app.