In today’s interconnected and digital world, reliance on third parties has skyrocketed, exposing organisations to a wider range of risks within the supply chain. How can we manage third-party risk more effectively with enhanced resilience, lower costs and improved visibility, asks Gary Lynam, Director of Advisory & Customer Success at Protecht.

Aryza, a leading provider of financial software solutions, is proud to announce the launch of Aryza Dunning in the UK and Ireland. The platform helps businesses to optimise receivables management and generate more liquidity by actively tracking open invoices, minimising manual collection effort, and maximising recovery rates with automated, customisable processes and workflows. 

Webⁿ, an incubation hub for fintech and Web3 innovators, backed by Alan Howard, today announces an investment from Laser Digital, Nomura’s digital asset subsidiary. As part of its investment, Laser Digital’s CEO, Dr. Jez Mohideen, joins the board of Webⁿ as a non-executive director. Webⁿ incubates businesses that bring digital assets and Web3 products and services to financial institutions.

Nutanix, Inc., a leader in hybrid multicloud computing, has today announced the financial services industry findings of its fifth annual Enterprise Cloud Index (ECI) survey, which measures enterprise progress with cloud adoption. 

TP24, a fintech provider of flexible revolving business credit, has raised  £345m in debt funding from UK parties Barclays Bank Plc (“Barclays”) and M&G Investments. The amount of £240m will be used for lending to SMEs in the UK and the Netherlands. Barclays is providing up to £200m in warehouse financing, while M&G is providing up to £40m in mezzanine funding.

Nexpay, a leading Lithuanian Electronic Money Institution (EMI) providing business banking solutions for digital companies, has announced its enhanced service offering by adding SWIFT payments in 23 currencies.

Encompass Corporation, the provider of the leading dynamic Know Your Customer (KYC) process automation platform, has unveiled a new 

Signalling that it has entered the next phase in its rapid growth, Brite Payments today announced the appointment of Alexander Kassai as Chief Operating Officer and Fredrik Strömqvist as Chief Financial Officer. The appointment of two new senior leaders follows a period of strong growth for the Stockholm-based fintech, which leverages the capabilities of open banking to give merchants and businesses a complete, out-of-the-box instant payments and payouts solution.

Temenos today announced that it has successfully completed certification for the FedNow^SM Service, the Federal Reserve’s new instant payment offering launching in July 2023. Through Temenos’ flexible, cloud-native Payments Hub, banks can support the FedNow service and offer faster payments services to their customers.