Banks Must ask These 5 Simple Questions as they Budget for 2022 and Beyond
- 4 years 11 months ago
- Banking
With the financial services sector in the middle of budgeting season, retail banks and building societies need to take a fresh look at all of their vendor costs – especially those they input without a second thought. With a possible £6bn in savings up for grabs, time is of the essence to secure budgetary success not only for the year ahead, but beyond.
Cyber Crime Month: Cyber Crime Drives Massive UK Growth For Id Verification Provider Idnow
- 4 years 11 months ago
- Security, Cybersecurity
Identity platform grew eightfold in the UK compared to previous year, continues to see increasing demand for its solutions. As cyber crime soars, IDnow, a leading platform-as-a-service ID Verification provider, has grown eightfold year-over-year in the UK market. IDnow’s UK growth is aligned with the global demand for its solutions. The firm is seeing substantial interest across the world, with more and more companies deciding to switch to fully...
Spice Money earns the prestigious Great Place to Work-Certification
- 4 years 11 months ago
- FinTech StartUps
Spice Money, India’s leading rural FinTech announced that it has been awarded the Great Place to Work Certification which is one of the most definitive ‘employer-of-choice’ recognitions. Spice Money’s incremental efforts towards creating a transparent work culture along with its key focus on learning & development initiatives have played a major role in making Spice Money a ‘Great Place to Work’. Through the certification, Spice Money is...
Artificial Intelligence Journey, Sber’s International AI/DS Conference, Opens
- 4 years 11 months ago
- Banking
Artificial Intelligence Journey, Sber’s international three-day online conference on artificial intelligence (AI), opens today, November 10. Held by Sber in collaboration with top Russian and foreign technology companies over three days, the conference is one of the key events of the Year of Science and Technology in Russia.
MFS Africa’s $100 Million Series C Fund Raising for Massive Expansion Across Africa
- 4 years 11 months ago
- Fundraising News, Investment
MFS Africa, Africa’s largest digital payments network, has raised US$100 million through an equity and debt financing round. The fundraising marks another milestone in MFS Africa’s expansion, following a series of acquisitions and investments in other African fintechs, including the recently announced acquisition of Baxi in Nigeria.
Government Actuary's Department Hit by an Average of 24,740 Malicious Emails Every Month
- 4 years 11 months ago
- Data
The Government Actuary's Department (GaD) has been hit by an average of 24,740 malicious emails a month. The data, obtained and analysed by a Parliament Street think tank via a Freedom of Information (FoI) act request, revealed that a total of 74,221 malicious emails, including phishing, malware and spam had been sent to the GaD over July, August and September 2021.
Digital Workspace Becomes Top IT Priority for Banking and Finance, Softcat Report Reveals
- 4 years 11 months ago
- Infrastructure
66% of finance organisations are prioritising Digital Workspace solutions in the year ahead – 14% now say sustainability is key to their IT decision making – A new report from Softcat offers an exclusive snapshot of the finance IT landscape and what technologies organisations are prioritising in the year ahead. The findings are based on the views of nearly 1,250 organisations in the UK and Ireland, across 23 industries including finance.
Nucleus Commercial Finance Celebrates 10 Years of Supporting British Smes
- 4 years 11 months ago
- Banking
Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, celebrates its 10 year anniversary, following a year in which the lender paid out over £450 million to businesses*. Over the last decade, Nucleus Commercial Finance has supported 8,000 businesses across the UK and lent more than £2bn to support SMEs in achieving their ambitions. Highlights from the last 10 years include:
Bite Investments Launches Private Markets Portfolio
- 4 years 11 months ago
- Management
Bite Investments is launching its first ever commingled private markets product to meet the needs of high-net-worth investors and wealth managers The fund is a one-stop solution offering a diversified strategy mix to support wider portfolio objectives By expanding access to private markets, Bite solves an acute problem in wealth management
NFTs are More Than Just a Passing Fancy. They’re a Long Term Solution for Huge Numbers of Developers and Gamers to Connect
- 4 years 11 months ago
- Blockchain
NFT’s are a key player for consumer brands to connect and engage with their customers in a new wave of blockchain tactics · The evolution of NFTs is opening a varied yet practical launch pad for many younger and non-traditional audience demographics to join global blockchain revolutions and create a new future across multiple gaming platforms
Barclays and Form3 Provide Fintech Customers With SEPA Credit Transfer Payment Scheme
- 4 years 11 months ago
- Payments
Form3, a leading cloud-native payment technology provider and Barclays have announced the addition of a SEPA Credit Transfer (SCT) service to their combined directly connected access solution. The partnership, already live with SEPA Instant, now offers full reachability for SEPA payment transactions through a connectivity service available to Barclays’ customers who are regulated payment service providers. This specialised cloud-native SEPA...
Bottomline Announces Acquisition of Bora Payment Systems
- 4 years 11 months ago
- Payments
Straight through processing capabilities added to Paymode-X Network Bottomline (NASDAQ: EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced that it has completed the acquisition of Bora Payments Systems, enabling Paymode-X vendors to utilize straight through processing (STP) as a method of accepting virtual card payments. The combination adds new bank channel...
Qupital Secures US$150 Million Round to Accelerate Global Expansion and B2B "Buy Now, Pay Later" Product
- 4 years 11 months ago
- Payments
Asia’s leading e-commerce financing platform launches merchant financing securitization facility with Citi, first deal of its kind in Asia
Research Reveals a Third of Businesses Believe They Can Spot a Forged Id
- 4 years 11 months ago
- RegTech
Almost a third (28%) of regulated firms in the UK claim that analysing hard copies of documents is the most reliable method for identifying fraud - according to new research by leading RegTech firm SmartSearch.
Digital Horizon Launches $200 Million Venture Fund
- 4 years 11 months ago
- Fundraising News
New fund is second from Digital Horizon and builds on successful strategy of first fund, which invested in high-growth businesses including Oxygen and Monday.com, generating overall IRR of 40% for its investors. This second fund will follow the same multistage strategy and will invest in both early and late stage companies. Focus remains on fintech and SaaS products, but with Asian markets targeted as well as Europe and Israel.
