Currensea Secures Major Investment from Two VCs Bringing Total Raised This Year to £4.55M
- 3 years 9 months ago
- Fundraising News
Open banking-powered fintech Currensea has secured £2.4m from leading Venture Capitalists Blackfinch Ventures and 1818 Venture Capital which will be used to accelerate the fintech’s ambitious growth plans.
Societe Generale Announces the Proposed Acquisition of Payxpert
- 3 years 9 months ago
- Payments
As a recognised and long-standing player in all aspects of merchant services and card payments’ processing in France, Societe Generale provides both online and in-store payment solutions.
HPS Partners with Visa to Fast-track Access to the Scheme’s Payments Network
- 3 years 9 months ago
- Payments
HPS, the leading global provider of payment solutions and services, today announces it has obtained a principal membership license from Visa, the world leader in digital payments, which will enable HPS’ clients to join the global Visa payments network.
Treasury Prime Partners with Bangor Savings Bank to Expand BaaS Network
- 3 years 9 months ago
- Banking
Treasury Prime, a leading Banking-as-a-Service (BaaS) company, today announced a partnership with Bangor Savings Bank to deliver its award-winning BaaS offerings to the bank and companies it partners with in the financial services industry.
WFIS Paces to Unveil Indonesia’s Most Advanced FSI Show
- 3 years 9 months ago
- Infrastructure
With Indonesia darting to incorporate the latest technology innovations in FSI, the country’s fintech is expected to generate $8.6 billion in revenue by 2025. The move is further getting bolstered by Otoritas Jasa Keuangan (OJK) which is bringing favourable regulatory changes and has even launched “Master Plan for the Indonesian Financial Services Sector (MPSJKI) 2021-2025".
Fintech Paylink Solutions Launches New Website to Coincide with Release of Next-Generation Embark Affordability Software
- 3 years 9 months ago
- Payments
It’s an exciting time for fintech Paylink Solutions, which has recently launched not only the next generation of its market-proven affordability software but a new website too. Paylink Solutions is the UK’s most experienced provider of customer affordability software. From industries including lending to collections right through to utilities, Paylink’s flagship product Embark helps create intuitive and automated customer journeys.
Archangels Generates Up to £1.4B for Scottish Economy
- 3 years 9 months ago
- Investment
Archangels, the world’s longest continually running investment syndicate, has generated up to £1.4 billion Gross Value Added (GVA) for the Scottish economy from its investments in the life sciences and tech sectors.
Barclaycard Finds SCA Leads to Drop in Online Card Fraud, but Non-compliance is Costing British Retailers £2.07M in Sales Per Day
- 3 years 9 months ago
- Payments
200 days on from the mandatory introduction of Strong Customer Authentication (SCA), new research by Barclaycard Payments, which processes £1 in every £3 spent on credit and debit cards in the UK, uncovers the impact of the regulation on UK businesses. SCA requires shoppers to provide two-factor authentication to complete online purchases and was introduced to help fight the £238.6m of online fraud committed in the UK each year.
Sumsub Launches a KYT Solution Offering 300+ Risk Scenarios for Transaction Monitoring and Fraud Prevention for Businesses
- 3 years 9 months ago
- AML and KYC
Sumsub, a global tech company fighting digital fraud and helping businesses stay fully compliant, is launching a KYT solution for fast and effective transaction monitoring tailored to customers’ specific needs. With this new product, Sumsub can offer clients a full-cycle identity verification platform with seamless orchestration capabilities, ensuring trust along the whole user journey.
Letus, Formally RentMoola, Embeds BlueSnap Payments to Facilitate Rental Transactions
- 3 years 9 months ago
- Payments
BlueSnap , a global payment orchestration platform whose embedded payments solution is used by many leading SaaS platforms, today announced Letus has selected BlueSnap to power payments for their cloud-based platform for the property rental
Square Launches Tap to Pay on iPhone for US Sellers
- 3 years 9 months ago
- Payments
Square today launched Tap to Pay on iPhone to its millions of sellers across the U.S. Available within the Square Point of Sale iOS app, Tap to Pay on iPhone lets sellers of all sizes accept contactless payments directly from their iPhone, with no additional hardware required and at no additional cost to the seller.
UK-based Reall Invests in Syntellect - global Affordable Housing Fintech Startup in a Pre Series A Round
- 3 years 9 months ago
- Fundraising News
Syntellect, a Mumbai-based global affordable housing fintech startup, receives strategic investment in Pre Series A Round from UK-based Reall – an impact organization in affordable housing. The funds will be used to further build and promote Syntellect’s flagship product RightProfileTM for affordable housing solutions in India, Africa and South America.
Gen Z at Highest Risk from Buy-Now-Pay-Later Identity Fraud
- 3 years 9 months ago
- Payments
With high inflation and the cost-of-living crisis pushing people towards increased borrowing*, research by GBG, the experts in digital identity, has uncovered that people applying for buy-now-pay-later (BNPL) accounts are less likely to be subject to affordability checks.
Tally Solutions to Assist MSMEs with a Turnover of 10 Crore and Above Adopt E-invoicing
- 3 years 9 months ago
- e-Invoicing
As the deadline for e-invoicing adoption is nearing for GST-registered businesses with a turnover of 10 crore and above, Tally Solutions gears up to assist these businesses to seamlessly transition and manage e-invoicing with its fully connected solution - TallyPrime. The company has been taking extensive efforts to educate businesses across the country about the amendment to ensure they remain compliant.
Thirdfort Certifies as a B Corp
- 3 years 9 months ago
- Risk Management
Thirdfort, a risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, has announced today its certification as a B Corporation (B Corp), joining a growing group of companies reinventing business by pursuing purpose as well as profit.
