PayPoint Issues Warning Over Continued Rise in Unauthorised Cheque Fraud Cases
- 6 months 3 weeks ago
- Security
PayPoint today issues a warning over the risks of Unauthorised Cheque Fraud which last year cost victims in the UK £5.6 million according to the UK Finance Annual Fraud Report 2024. Despite the overall value of Unauthorised Cheque Fraud losses falling by -25% in 2023, the number of cases rose by almost a quarter (+24%) in parallel, indicating that criminals still view it a highly lucrative crime.
Paycorp Expands Embedded Business Funding into UK
- 6 months 3 weeks ago
- Infrastructure
Paycorp, a global leader in payment solutions, today announces the expansion of its embedded, pre-approved business funding offering into the United Kingdom.
AI Could Untap £119 Billion Worth of Productive Work Annually Across UK Large Enterprises
- 6 months 3 weeks ago
- Artificial Intelligence
Workday, Inc, a leading provider of solutions to help organisations manage their people and money, today published The UK Productivity Gap: How AI can unlock workplace potential
Jordan Kuwait Bank Partners with Mastercard and FOO to Unveil eliWallet
- 6 months 3 weeks ago
- E-Wallets
Jordan Kuwait Bank (JKB) is pleased to announce its strategic collaboration with Mastercard and FOO to introduce eliWallet, a groundbreaking multicurrency payment.
Wealth Managers Grapple with Long Client Onboarding Times – Avaloq Research
- 6 months 3 weeks ago
- Wealth Management
Wealth management clients worldwide experience significant waiting times in the onboarding process according to research from Avaloq, a global leader in digital banking solutions and wealth management technology.
OCN - The Fintech for Gig Workers Across the Americas - Completes $86 Million Series A Fund Raise
- 6 months 3 weeks ago
- Fundraising News
OCN (formerly “OneCarNow”), the leading Fintech for gig workers across the Americas, announces an $86 million Series A fund raise - comprising equity and debt - in a major endorsement for the Company’s business model and track record. Participating institutions include lead investors for the equity element: Caravela Capital (Brazil); Collide Capital (US); and Great North Ventures (US) with the debt element provided by new investor - i80 Group -...
The Fintech Fraudlympics: Brazil, Bangladesh, South Africa Take Medals in Industry Fraud Leaderboard
- 6 months 3 weeks ago
- Fraud Detection
Sumsub, a global full-cycle verification platform, has launched the ‘2024 Fraudlympics’; using new data to reveal which nations have experienced the biggest increases in: Fraud by type - identity theft, forced verification, deepfakes.
Temenos and Visa Team Up to Bring Visa Money Movement Solutions to Banks via Temenos Exchange
- 6 months 3 weeks ago
- Money Transfers
Temenos, the banking software company, today announced a collaboration with Visa, a world leader in digital payments, to integrate Visa Direct, a Visa money movement solution, with Temenos Payments Hub and make available to banks via Temenos Exchange, the Temenos ecosystem of partner solutions.
CUBE Bolsters Board with Experienced Appointments
- 6 months 3 weeks ago
- People Moves
CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has today announced a series of experienced additions to its board as it continues to extend its leading position and continue its transformational growth.
PIMFA Sets Out 5-Year Agenda for Government to Create a UK Culture of Thriving Financial Health
- 6 months 3 weeks ago
- Consultancy
PIMFA, the trade association for wealth management, investment services and the personal investment and financial advice industry, has set out its agenda for government over the course of this Parliament.
Wolters Kluwer Launches CCH Tagetik Tax Provision & Reporting Solution
- 6 months 3 weeks ago
- Tax Authorities
Wolters Kluwer, a global leader in information, software, and services for professionals, today announced that it has launched CCH® Tagetik Tax Provision & Reporting. This new solution supports companies that are seeking to streamline group tax provision and accounting processes by integrating and bridging the gap between financial and tax reporting.
Newland NPT and Neoleap Forge Strategic Partnership to Pioneer Digital Payment Solutions
- 6 months 3 weeks ago
- Payments
Newland NPT, a leading global provider of smart payment devices and associated infrastructure solutions, and Neoleap, a trailblazing Saudi fintech company, renowned for its innovative financial solution, are pleased to announce the signing of a strategic cooperative partnership agreement. This landmark agreement marks the beginning of a collaborative effort aimed at integrating industry resources with cutting-edge digital payment technologies to...
GFT AI Impact 1.0: Time Savings of Up to 90 Percent in the Software Development Life Cycle
- 6 months 3 weeks ago
- Artificial Intelligence
The journey of creating software is long, complex, fragmented, and involves dozens of separate tools. Embedded Artificial Intelligence solutions can streamline this process. In pilot projects with Latin American tier 1 banks GFT's AI Impact has demonstrated significant efficiency improvements in software development:
Pelago Partners with Primer to Deliver Payments Innovation for the Global Traveler
- 6 months 3 weeks ago
- Payments
Primer, the United Kingdom-based payment firm, and Pelago, the travel experiences arm of Singapore Airlines Group, have forged a partnership allowing Pelago to elevate its payments strategy and meet the payment preferences of travelers worldwide.
Medius Appoints Fahmi Megdiche as Chief Information Security Officer
- 6 months 3 weeks ago
- People Moves
Medius, a leading provider of AP Automation and Spend Management solutions, has announced the appointment of Fahmi Megdiche to Chief Information Security Officer (CISO).