B-North, the Manchester-based firm building a regional SME lending bank for the UK, has appointed Jackie Ewer as Head of Operational Risk & Compliance.

Jackie joins with more than 30 years of financial services experience, with the last 15 years focused on operational risk, compliance risk and financial crime risk. Jackie is well versed in the design and implementation of risk management frameworks.

NymCard, the leading MENA Banking as a Service (BaaS) provider has announced that they have received $7.6 million in Series A Funding. This round of funding was led by Shorooq Partners in participation with OTF Jasoor Ventures and VentureSouq. With this round NymCards total raised funding amounted to $12 million to date.

Qolo, the B2B payments hub for the New Economy, today launched its INTERACT embedded processing functionality and platform licensing solutions through its 100% native cloud capability, an industry first. 

What does the product do?

With enterprises holding more content than ever before, and with the importance of that content growing, Nuxeo helps businesses maximise the value they get from their content by building smart content applications that enhance customer experiences, improve decision making, and accelerate products to market.

With economies contracting and unemployment rising, credit risk has moved to the top of the risk management agenda, according to Deloitte’s biennial survey on the state of risk management in the financial services industry globally.

Virgin Money has added leading FinTech, Codat, to its growing team of technology partners as it strengthens its digital business banking credentials. London-headquartered Codat’s financial technology offer will play a key role in allowing seamless and secure exchange of data between Virgin Money and its business bank customers.

HIPS Payment Group Ltd, a provider of innovative and cost-effective e-commerce and mobile payment solutions, and licensed bank, Banking Circle, which delivers ground-breaking financial infrastructure for Payment businesses and Banks, today announced their partnership, which enables Hips to offer settlement with domestic payment rails.

It’s heartening to see biometric technology playing a role in helping people, communities and workplaces adapt to the changes triggered by the past year. As we stand at the beginning of 2021, the value of biometrics is reaching far beyond mobile and is set to become even more prominent in new areas. Most notably biometric payment cards are providing a route map to safer, more hygienic in-store payments, while smart homes and workplaces are becoming more secure and user friendly with biometric access control.

Monzo Bank customers can now connect their bank accounts to Experian Boost, giving them the ability to increase their Experian Credit Score instantly for free.

Experian Boost is the UK’s first service to help consumers improve their credit scores using transactional information like total current account incomings and outgoings, as well as regular payments to digital streaming providers, savings accounts and council tax.