CFPB Finds Payday Borrowers Continue to Pay Significant Rollover Fees Despite State-Level Protections and Payment Plans
- 4 years 3 months ago
- Payments
Research suggests deceptive industry practices drive cycles of costly reborrowing
New Data Confirms that HMRC’s Approach to IR35 is Hampering Growth for the UK IT Industry
- 4 years 3 months ago
- Insurance
50% of businesses reported that IR35, the UK’s anti-avoidance tax legislation, was the biggest obstacle to hiring contractors over the past 12 months More than 70% of businesses and recruiters have seen a drop in their limited company PSC contractors since the IR35 reform Half of contractors in the UK have considered closing their businesses, retiring, or leaving the UK entirely due to IR35 reform
Economic Secretary to the Treasury Praises UK’s ‘robust’ Anti-Money Laundering Systems
- 4 years 3 months ago
- AML and KYC
John Glen, Economic Secretary to the Treasury, has praised the UK’s robust Anti-Money Laundering (AML) approach and pledged that the government will not compromise on its high standards. Addressing delegates in his keynote speech at the Innovate Finance Global Summit during FinTech Week 2022, the minster gave a wide-ranging speech covering issues such as growth in the UK’s FinTech sector, regulation, management of crypto assets and tackling the...
ePay Europe - Shaping the Future of the European Payment Industry
- 4 years 3 months ago
- Payments
Epay Summit Europe returns for its 2nd year but this time, we’re going live on the 19th May 2022 at The Brewery in London. After a very successful virtual launch event in April 2021 which saw 1000+ attendees from across Europe join us, ePay Europe returns to deliver a unique forum for collaboration between payment providers, banking, retail and telecommunications leaders to shape, de-risk and simplify payments moving forward.
FintechOS Enters Pet Insurance Market
- 4 years 3 months ago
- Insurance
FintechOS, the global leader in high-productivity fintech infrastructure to companies that offer financial services, today announced its entry into the pet insurance space with its newest Accelerator, empowering insurers to offer hyper-personalized pet cover to a
Trulioo Appoints Identity Industry Expert Dawn Crew as First Chief Marketing Officer
- 4 years 3 months ago
- Security, People Moves
Trulioo, the leading global identity verification company, today announced the appointment of Dawn Crew as its first Chief Marketing Officer. Crew brings more than 25 years of experience in defining and leading global marketing strategies for technology companies in the identity verification, authentication and human resources industries. Most recently Crew served as Senior Vice President, Industry & Solution Marketing at TransUnion,...
Citi Extends Trade Product Offerings with the Launch of Sustainable Trade and Working Capital Loans Solution
- 4 years 3 months ago
- Banking
New solution assists clients with their working capital needs whilst also supporting their sustainability goals Citi has today announced the launch of its Sustainable Trade and Working Capital Loans (Sustainable T&WC Loans) solution in Europe, Middle East and Africa (EMEA), Latin America (LATAM) and Asia Pacific (APAC) regions.
Gaviti Raises $9 Million in Series A
- 4 years 3 months ago
- Accounting
Gaviti Raises $9 Million in Series A After Helping Clients Collect $6.2B in Account Receivables in 2021 FinTech startup Gaviti helps companies recoup outstanding receivables with their automated platform. “In 2021, our clients recovered $6.2 billion in A/R Receivables by streamlining an otherwise tedious process,” said Yan Lazarev, Co-founder & CEO of Gaviti.
Duco Expands Board of Directors with Three New Appointments
- 4 years 3 months ago
- Cloud
Data science and financial services veterans join team of directors steering Duco as the company grows into a trusted enterprise platform and fulfils its vision to disrupt and lead the data automation market. Duco, a leading cloud-based data automation company backed by private equity firm Nordic Capital today announced that it has named Uwe Weiss, Linda Middleditch and Spencer Lake to the company’s board of directors.
Signalling a “Brite” Future with the Launch of Single Sign
- 4 years 3 months ago
- Payments
Stockholm-based Brite Payments is delighted to confirm the launch of ‘Single Sign’, the innovative one-step solution for instant bank payments. Based on the Open Banking framework, the Brite Payments solution facilitates account-to-account payments, without the need to input card or personal data.
Uplinq Raises $3.5 Million in Pre-Seed Funding Round
- 4 years 3 months ago
- Fundraising News
Uplinq Financial technologies (Uplinq) has raised USD $3.5 million in a pre-seed funding round led by noted venture capital investors, N49P and Surface Ventures, alongside a veritable ‘who’s who’ list of leading individual Fintech investors. The business will use the investment to further its commitment to help banks and lenders deliver financial inclusion for their small business customers across the globe.
PayPoint Announces Investment in Optus Homes
- 4 years 3 months ago
- Payments
PayPoint has today announced a £750k investment in Optus Homes, a leading app for tenants to manage their home rental account. The deal will see the PayPoint Group make an investment in the company, building on the recently-signed commercial partnership positioning PayPoint as the preferred payment provider within the app.
Capital.com: Retail Investors Turn to Meme Stocks… Again!
- 4 years 3 months ago
- Trading Systems
Trading volumes on popular meme stock Gamestop (GME) rose by 194% in the last two weeks on investment trading platform Capital.com, suggesting meme stocks continue to retain their appeal even after Reddit’s WallStreetBets hype last year.
SkyParlour Announces Partnership with Fintech Week London 2022
- 4 years 3 months ago
- Financial
Fintech Week London 2022, the leading event for the fintech community, has re-appointed SkyParlour as its official PR and media relations partner.
Boku (BOKU): Simplifying Mobile Commerce
- 4 years 3 months ago
- Payments
Boku's FY21 results reflect continued strong momentum in the Payments business and improved performance in the since-sold Identity business. Local payment methods added to the Boku network over the last three years showed an accelerating contribution to monthly active user numbers, increasing ninefold over 2021, and made up nearly 10% of new users in the year. We have revised our forecasts to remove revenue from Russian carriers and estimate an...
