Sumsub, the leading global full-cycle verification platform, is announcing the introduction of its Non-Document Verification solution in the UK. Customers across the fintech, crypto, ecommerce, online gaming and transportation industries, among others, can now onboard their users via official bank records securely with near-instant identity verification, while staying compliant with UK regulations.

Central banks globally are progressing with their CBDC projects. A frequent requirement for retail CBDC is the provision of private sector digital wallets for consumers, providing a secure way to obtain, hold, and spend digital currency.

Encompass Corporation, the provider of the leading dynamic Know Your Customer (KYC) process automation platform, has been recognised as a winner of the Discover Perfect Pitch competition as part of Sibos 2023 – the leading financial services event.

Revolut, the global financial super app with 30 million customers worldwide, announces a significant expansion of its team as it gears up to develop innovative European mortgage products. With a vision to revolutionise mortgages and provide customers with seamless digital solutions, Revolut is looking to hire employees across the world to bring the innovative app to the home financing space.

British Business Investments today announces a £15m follow-on investment into North-West-based Universal Leasing Limited. The investment, which follows an earlier £12m commitment made to Universal Leasing in 2018, allows the company to further increase its support for smaller businesses. The transaction will be structured as a block discounting facility that will allow Universal Leasing to provide funding support to smaller businesses looking to acquire business-critical assets to accelerate their growth.

International communications platform company BICS has partnered with Belgian electronic payments specialist Bancontact Payconiq Company, to deliver multi-factor authentication for the new Payconiq by Bancontact mobile app.

Tonik Digital Bank is proud to announce its recognition as the Philippines' Best Customer Service for 2023, cementing its status as the number one digital bank for customer service in the country.

Tonik thanks its radically different approach from the get-go, as customer service is not just an aspect of their operations, it is their very essence incorporated in every level of the organization.

The joint solution offered by Sybrin and Regula enables banks and other financial institutions to seamlessly and securely onboard and verify their customers.

New research from GoCardless, the bank payment company, reveals that mortgage lenders have a long way to go to keep their customers happy. 41% of British consumers believe lenders are relying on “outdated” methods to assess mortgage affordability, rising to 48% of those who have purchased a property within the last 12 months. 

First-time buyers and the self-employed are most disillusioned