2024 Financial Cybersecurity Landscape: Banking Trojans, Rise of Affiliate Groups, Attacks on Direct Payment Systems
- 2 years 2 months ago
- Cybersecurity
Financial institutions and organizations should fortify their defenses in 2024, as threats will surge driven by AI and heightened automation according to Kaspersky experts. In it’s crimeware report and financial predictions for 2024, the cybersecurity company anticipates an increase in cyberattacks, exploitation of direct payment systems, the resurgence of Brazilian banking trojans, and a rise in open-source backdoored packages.
PayPoint Expands Partnership with Yodel and Vinted
- 2 years 2 months ago
- Trading Systems
PayPoint is pleased to announce that it is expanding its partnership with Yodel and Vinted across its Collect+ network, the leading Out of Home parcel pick up, drop off and send service in the UK.
Form3 to Support Klarna’s European Payments
- 2 years 2 months ago
- Payments
Form3, the cloud-native account-to-account platform, is delighted to announce it will be providing Klarna, the AI-powered payments network and shopping assistant, with SEPA connectivity to bolster its customer offering in Europe as part of its wider international growth strategy.
Alba Bank Adopts nCino Cloud Banking Platform for SME Lending
- 2 years 2 months ago
- Lending, Cloud
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that Alba Bank (Alba) has made a significant step towards supporting the UK’s small- and medium-sized businesses (SMEs) by adopting the nCino Cloud Banking Platform.
Sumsub Boosts Pass Rates by 37% for Non-Regulated and Regulated Businesses with Its Refined Global Database Verification
- 2 years 2 months ago
- Digital Identity
Sumsub, a full-cycle verification platform, today announces the latest advancements to its Global Database Verification solution, designed for businesses seeking reliable, efficient, and cost-effective user verification. Global Database Verification caters to a wide range of both regulated and non-regulated industries and businesses looking to ensure the legitimacy and accuracy of user data on a global scale.
Mangopay Brings Seamless Payment Experiences to Maisons du Monde
- 2 years 2 months ago
- Payments
MANGOPAY, the platform-specific payment infrastructure provider, today announces that it has been selected by Maisons du Monde, a renowned home decor and furniture retailer, to offer seamless payment experiences to its marketplace customers. The integration of Mangopay’s modular payment infrastructure marks a significant step forward in improving digital transactions for Maisons du Monde’s marketplace, ensuring greater customer satisfaction...
Payhawk Launches Purchase Orders, Enabling the Procure to Pay Process on its End-to-end Spend Management Platform
- 2 years 2 months ago
- Payments
Today, Payhawk, the global spend management platform, announces the launch of its new Purchase Orders system. The solution streamlines procurement operations by integrating purchase requests, approvals, Purchase Order creation, three-way matching, and the ability to pay in local or cross-border transfers in one seamless platform.
TRIVER Raises Further £20M to Provide Small Businesses with Instant Capital in a Click
- 2 years 2 months ago
- Fundraising News
SME working capital provider TRIVER has raised a further £20m to revolutionize how small businesses can access finance. The deal – a £20m debt facility with Luxembourg-based Avellinia Capital – will enable TRIVER to offer over £200m of funding annually to help small businesses in the UK and further its product development.
Industry Titans Discuss the Future of the UK Digital Economy in Parliament
- 2 years 2 months ago
- Infrastructure
Industry leaders road-mapped the future of the UK’s digital economy in Parliament last night, discussing the widespread digital skills crisis, diversity in the technology industry, and sustainability challenges. The panel was hosted by Dean Russell MP for Watford and chaired by Steven George-Hilley of Centropy PR, bringing together business chiefs and policymakers to debate the role businesses can play in growing and innovating the UK’s digital...
FinClear Selects Eventus Validus Platform for Equities Post-trade Surveillance
- 2 years 2 months ago
- Trading Systems
Eventus, a leading global provider of state-of-the-art, at-scale trade surveillance software across all lines of defense, and FinClear, Australia’s leading provider of trade execution and third-party clearing services, today announced that FinClear has deployed Eventus’ Validus platform for trade surveillance and post-trade monitoring.
Payment24 Accelerates European Expansion with Investment in Inergy 24
- 2 years 2 months ago
- Investment
Payment24, the global payments platform provider specialising in payment and loyalty solutions, announced today that it has invested in Switzerland-headquartered Inergy 24, a European-based technology service provider. The businesses will collectively provide customers throughout Europe access to the Payment24 platform, including payment, fleet management, mobile and retail, loyalty, electric vehicle (EV), and Cloud Switch solutions.
Stitch Launches Pay with Crypto, Enabling Customers to Pay Merchants Directly from Crypto Wallets
- 2 years 2 months ago
- E-Wallets, Cryptocurrencies
Payments infrastructure company Stitch today announced the launch of a new payment method: Pay with crypto - the most comprehensive of its kind available in South Africa. With this method, businesses can allow a growing set of customers that wish to buy goods and services using crypto to do so directly, and get settled in ZAR.
BMA Banking Systems Selects Bankjoy as a Preferred Provider for Online & Mobile Banking
- 2 years 2 months ago
- Online Banking, Mobile Banking
BMA Banking Systems, a provider of core banking software and services to independent-minded community financial institutions, has selected Bankjoy, a leading digital banking provider as a preferred partner for online and mobile banking.
Lithuanian FinTech PAYSTRAX Launches in the UK
- 2 years 2 months ago
- Payments
Having received its Payment Institution License from the FCA earlier this year, FinTech company PAYSTRAX has now officially announced the launch of its UK operations. The company provides card transaction acquiring and payment solutions for UK & EU merchants, is a member of the European Payments Group, and holds a Principal Membership license with VISA and Mastercard.
Mastercard JV Approved to Begin Domestic Payments Processing in China
- 2 years 2 months ago
- Payments
Mastercard today announced that its joint venture entity, Mastercard NUCC Information Technology (Beijing) Co., Ltd., has received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) to commence domestic bank card clearing activity in China.
