Catherine Lewis La Torre has been appointed Interim CEO of the Government-owned British Business Bank and will take up the role from 1 September. Catherine currently holds the position of CEO of the Bank’s two commercial subsidiaries, British Patient Capital and British Business Investments.

In October 2019, Keith Morgan CBE announced that he would be standing down from the role of Chief Executive of the British Business Bank by the end of 2020, after eight years at the helm of the UK’s economic development bank.

Keith was appointed in January 2013 to lead the design and establishment of the Bank and was made Chief Executive in December 2013. Since its inception, the Bank has grown significantly under Keith’s leadership and at the end of 2019 it supported more than 94,000 businesses with over £7.7bn of loans or investments through its various programmes.

Catherine Lewis La Torre has built a career in venture capital and private equity fund management. She joined the British Business Bank in 2016 from Cardano Risk Management, where she was Head of Private Equity, responsible for managing a global portfolio of private capital fund investments with over £1bn of commitments. Prior to this she was a Partner with secondaries specialist, Fondinvest Capital, in Paris having previously been one of the founding partners of fund-of-funds manager, Proventure which focused on venture and growth capital investing in Europe.

Since 23 March, the British Business Bank has launched four Coronavirus business loan schemes, so far delivering almost £35bn of additional finance to over 830,000 extra businesses. During this 11-week period the Bank has grown the amount of finance it supports to businesses across the UK by a factor of six and increased the number of businesses it is supporting by more than ten times.

This Interim CEO appointment allows government to map out the next phase of the Bank’s development before commencing the search for a permanent successor. Keith Morgan will work with Catherine Lewis La Torre through the Autumn to ensure an orderly transition.

British Business Bank Chair, Lord Smith, paid tribute to Keith’s leadership of the institution: “Keith has been an outstanding leader of the British Business Bank, building the business from scratch to create an organisation with considerable scale, reach and impact on businesses across the country. Under his leadership, the Bank has supported start-ups and growing companies in every region and nation of the UK and has responded at speed to build a series of large scale loan programmes to help UK businesses get through the Coronavirus emergency.”

Lord Smith welcomed Catherine Lewis La Torre’s appointment as Interim CEO: “Catherine is a highly respected industry leader, with more than 30 years’ investment management experience and a strong track record of success. She has successfully led the Bank’s commercial subsidiaries, British Patient Capital and British Business Investments and has made a considerable contribution to the Bank since she joined in 2016. I am delighted that she has agreed to take on the role of Interim CEO and look forward to working with her as we support the UK’s economic recovery.”

Following the March 2020 Central Bank of India (RBI) announcement lifting the banking ban on cryptocurrency, opening up one of the world's biggest markets and in response to a vast demand for ETN in that country, Electroneum announces its listing on CoinDCX, one of the nation's largest and most secure crypto exchanges.

The ETN/BTC and ETN/ETH pairs on CoinDCX are now live, and shortly after, the crypto exchange will announce the listing of the ETN/INR (Indian rupee) pair. Tomorrow, 11 June, CoinDCX and Electroneum kick-off a three-day ETN/BTC trading competition. 

"We are very excited about expanding our presence onto a crypto exchange based in India," said Electroneum CEO Richard Ells. "Many crypto enthusiasts in India have expressed their wish to see Electroneum listed on CoinDCX, saying it is the most popular and trustworthy crypto exchange in the country. "

The listing on CoinDCX is part of Electroneum's objective for further adoption of ETN in India, where the award-winning cryptocurrency already has almost 120,000 active app users. 

"At a time when we are witnessing unprecedented growth in the use of cryptocurrencies in India, we are excited to introduce users to great projects like Electroneum," said CoinDCX CEO Sumit Gupta. "Electroneum provides users with an easy way to integrate crypto into their daily lives. Similar to CoinDCX and our #TryCrypto initiative, Electroneum focuses on cryptocurrency adoption across the world, and we are happy to support them in their vision."

Blue Prism has teamed-up with Lateetud and ABBYY to support the US government’s latest COVID-19 relief efforts for small businesses, by helping to automate loan applications during the two rounds of funding, $349 billion and $310 billion respectively, allocated by Congress as part of its SBA Paycheck Protection Program (PPP). The solution, currently being used by several U.S. banks, uses Digital Workers to automate process loan applications in a matter of seconds, for same-day approvals.

The PPP is designed to serve as a lifeline for small businesses with fewer than 500 employees until the economy reopens. By effectively automating the loan approval process, this partnership will be essential in the rapid processing of these loans and helping small businesses stay afloat. With the second round of PPP funding drying up, thousands of potential borrowers that are looking for aid during the pandemic may be shut out.

The daily demand for loans is more than the SBA processes in an entire year. Loan applicants are frustrated with the amount of time it takes to process the loan applications end-to-end, including filing and receiving timely status updates. To keep up, First Home Bank partnered with Blue Prism, Lateetud and ABBYY to automate the entire end-to-end loan application and submission process.

Below is a breakdown of the benefits the bank has received automating its SBA PPP loan approval process.

• 10 digital workers have the capacity to process up to 14,000 loan applications per-day
• 30x faster than completing the process manually
• Entire automated end-to-end process in under two minutes
• Production ready in less than two days
• Due diligence and fraud detection checking
• Enterprise security and scalability
• Full audit trail, 100 percent compliance and accuracy
• Deploy on-prem or cloud platform of choice (Azure, AWS, Google)

“The ability to respond and automate at this hyper-level is a game changer and made a real difference in people’s lives,” says Thomas Zernick, President, SBA Lending Division of at First Home Bank. “We are closing in on saving around 85,000 jobs and $770 mil in loans secured. With Lateetud delivering Blue Prism’s Digital Workforce, 99 percent of loans are processed on the day of application. We are also using the technology to automate upstream and downstream activities like application validation and loan closures, respectively. As a next step we are working with Lateetud and Blue Prism on automating the loan forgiveness process.”

While SBA’s mandate prohibits the use of RPA GUI interfaces into E-Tran, Blue Prism and Lateetud have a solution available immediately with XML file upload access into E-Tran, which adheres to the latest SBA policy.  The value proposition of accelerating the end-to-end process from application submission, to bank review and approval, underwriting, SBA upload and payment remains strong. In addition, Blue Prism has extended the capability to other emerging applications including SBA PPP loan forgiveness, good standing checks, void checks for fraud, OFAC checks, and mortgage forbearance. To learn more about the Blue Prism, ABBYY and Lateetud solution click here.

“We saw this challenge and it had all the right attributes for the type of Intelligent Automation (IA) solutions we create using Blue Prism, ABBYY and other AI technologies to help our banking customers. It was beset with large volume, short time span and manual steps,” says Pawan Jadhav, CEO of Lateetud, an Intelligent Process Automation company. “As part of the next phase in SBA PPP, we’ve created loan forgiveness solution powered by Blue prism and other AI technologies to help banks tackle this complex and laborious process and like the previous solution it can be deployed in matter of days.”

“This is a time when organizations need AI enabling tools to quickly ramp up their automation efforts and enhance business process efficiency,” says Neil Murphy, Vice President of Global Business Development at ABBYY, a Digital Intelligence company. “The complexity of processing various forms of documents for SBA PPP loan forgiveness is simplified with content intelligence solutions that quickly and accurately digitize, understand and process data provided by small businesses. Our goal is to take the content-centric process burdens from financial services organizations so they can focus on serving their customers.”

Ethoca, a Mastercard company, today announced the release of new research that reveals cardholders have a strong appetite for digital solutions that provide greater insight into their purchases. These digital solutions will improve customer experience as well as reduce disputes, chargebacks and false claims by delivering in-depth purchase information direct to cardholders through digital channels such as mobile banking applications.

According to the study, 72% of consumers engage with their financial service providers’ website or mobile application at least once a month. This makes the digital channel a critical avenue between them and their issuer – one that cardholders expect more from when it comes to information available on-demand. Furthermore, 96% of surveyed consumers expressed a preference for having more detailed transaction information available to provide increased clarity. The features identified by the 1,000+ surveyed consumers as being most valuable for alleviating transaction confusion are:

• A picture of the printed receipt
• The date and location of delivery for online purchases
• A full list of products purchased
• A link to refund and return details for the purchase

With greater digital dependency, having real-time purchase details is critical for consumers, merchants and card issuers alike. These features not only improve the overall experience for cardholders – who no longer need to hunt for this information – but they can effectively reduce incidents of false claims where a cardholder files a dispute unintentionally.

False claims are a significant and growing problem for all stakeholders in the payments ecosystem. For digital goods merchants, rates can reach upwards of 80% and higher. One of the most common reasons: transaction confusion. Cardholders reviewing their online statements often have trouble deciphering the brief, unclear descriptions that accompany each transaction, or they mistake genuine transactions made by other members of their household for fraud. This uncertainty often leads cardholders to contact their card issuer to dispute unrecognized transactions.

The resulting chargeback process is a long and expensive ordeal for all involved – one that is expected to worsen in the current climate and in years to come. According to the report, the cost of chargebacks to U.S. issuers is expected to grow from US$690 million in 2020, to more than US$1 billion by 2023. The report also found that providing additional transaction clarity has the potential to reduce call volume by 25% in cases where the description of the purchase was unclear. In short, providing these features is a benefit to the entire payments ecosystem: card issuers, merchants, cardholders and supporting payment service providers. It creates a competitive advantage by delivering services that cardholders want while lowering the cost of disputes, false claims and chargebacks.

“Ethoca’s collaboration with Aite on this critical research report validates what Ethoca has been hearing from card issuers and merchants for some time – that false claims from confusing or scant transaction information are creating a poor customer experience and driving up dispute processing costs,” said Keith Briscoe, Chief Marketing & Product Officer at Ethoca. “This is the key reason why Ethoca has been laser focused on solving this problem over the last several years with digital receipts and transaction enrichment products. We are continuing to collaborate closely with the largest digital goods providers, retail brands and card issuers globally to ensure every consumer has clarity on the purchases they make through their trusted banking relationships.”

“This study provides timely insights for card issuers, since consumers’ reliance on digital channels has dramatically increased in the wake of the pandemic,” said Julie Conroy, research director with Aite Group. “It is more important than ever for issuers to be able to facilitate user-friendly self-service capabilities. The provision of detailed transaction information in the digital channels and call center is an important underpinning of any digital dispute capability.”

Other key findings include:

• 27% of consumers report that, once they connected with their financial institution, the charge wound up being correct.
• A merchant interviewed said they are seeing a 65% deflection rate among issuers that leverage collaborative solutions to display enhanced transactional details. A ‘deflection’ occurs when clarifying purchase detail is successful in giving the cardholder the information they need to avoid pursuing an unnecessary fraud claim.

To download a copy of the full report, please visit https://hs.ethoca.com/aitereport

For an in-depth look at the findings of the report, and a walkthrough of what they mean for all stakeholders in the payments ecosystem, join Keith Briscoe and Julie Conroy for their upcoming digital session during Mastercard’s Virtual Cyber & Risk Summit on Wednesday June 17, 2020.

For more details on how consumers can best navigate billing disputes in the COVID-19 era, visit the Mastercard Content Exchange.  

Buckworths, the UK’s only law firm working exclusively with start-ups and high growth businesses, has yesterday sent a letter to the Treasury requesting the introduction of measures to incentivise angel investors to invest in SMEs that have been adversely impacted by the COVID-19 pandemic.

The letter, which is signed by a further 87 UK businesses spanning a range of sectors including fintech, hospitality, and retail, calls on the UK government to incentivise private “angel” investors to invest in SMEs to help them repay COVID-19 debt and relaunch their businesses.

Buckworths and the 87 other signatories noted that investors providing matched funding under the Future Fund cannot claim EIS on their investment. They argue that this risks excluding earlier stage start-ups and retail, hospitality and leisure businesses from the Future Fund because they will be unable to secure matched funding from “angel” investors. This problem is exacerbated by the fact that many of these businesses have not qualified for CBILS and Bounce Back Loans due to the State Aid restrictions included in these schemes.

To rectify this issue, the letter calls for the Treasury to introduce a temporary tax relief scheme for “angel” investors that is similar in nature to the Enterprise Investment Scheme (EIS) and open to start-ups with a permanent establishment in the UK. This scheme should have a higher upfront rate of income tax relief and Buckworths believe that there should be no time limits on the age of the business so that more established SMEs in the retail, leisure and hospitality businesses can qualify. Introducing this scheme would not only help save a vast swathe of the start-up ecosystem from insolvency but would also see private investors take on the risk of supporting the SME sector thereby preventing the UK government from incurring further debt.

Michael Buckworth, Managing Director of Buckworths said: “The Government has provided billions of pounds of financial support to businesses of all sizes throughout the United Kingdom. We are now asking the Government to help SMEs who struggled to access COVID-19 support raise investment by creating a temporary new incentive scheme for “angel” investors. The huge success of the EIS scheme in funding UK start-ups demonstrates that tax incentive schemes work. Replicating the EIS scheme on a temporary basis with lighter restrictions on qualification and use of funds would encourage the private sector (and not the Government) to take risk and would secure the future of our SME sector to the broader benefit of the British economy.”

TPAY MOBILE, the leading digital merchant acquirer and mobile payment enabler in the Middle East and Africa (MEA), has today announced the acquisition of 100% of the shares of Payguru, one of Turkey’s leading payment service providers. The transaction remains subject to approvals from the Central Bank of the Republic of Turkey (CBRT) and the Competition Authority. Payguru offers mobile payments, ATM cash payments, and bank transfer services to its merchants through its integration with Turkey’s three mobile network operators (Turkcell, Vodafone, and Türk Telekom) and eight major banks in Turkey (Ziraat Bankası, Yapı Kredi Bankası, Türkiye İş Bankası, Garani Bankası, Akbank, TEB Paribas, Vakıfbank and QNB Finansbank).

TPAY MOBILE is the Middle East and Africa’s (MEA) leading digital merchant acquirer, enabling payments acceptance from more than 54 mobile payment channels, which are connected to over 580 million consumers in the region. Leveraging direct carrier billing (DCB), mobile wallet and mobile money, through a single integration, merchant partners are able to unlock access to these consumers across 24 countries. This acquisition of Payguru will expand TPAY MOBILE’s offering of alternative payment products, financial technologies and will contribute to further growth across geographies and business lines.

Payguru, which was founded in 2015, was the first mobile payment company to receive a license from the Turkish financial regulator. The company offers direct carrier billing through all of Turkey’s three mobile network operators and bank transfer/ATM payments through Turkey’s major banks. Payguru currently has over 1300 merchants on its platform and processed over 13 million transactions in the past 12 months.

Sahar Salama, Founder and Chief Executive Officer of TPAY MOBILE, stated: “TPAY MOBILE is on an accelerated growth trajectory, and the acquisition of Payguru fast-tracks our vision to become the leading digital payment platform in the Middle East and Africa, guaranteeing a best in class user experience, and offering innovative services to our partners, and further driving digital and financial inclusion in our region. This transaction extends our footprint in the region, continues our diversification into new business lines and also significantly strengthens our value-added services proposition in the region. The regional and global fintech sector is at an inflection point for growth, making this the perfect time to welcome Payguru into our fold.”

Research shows that the fintech sector in the MENA region is growing at a compounded annual growth rate (CAGR) of 30%¹, compared to 11% compounded annual growth rate (CAGR) globally². In Africa in particular, mobile money is forecast to deliver CAGR of 31% in terms of registered accounts and 26% in terms of revenue between 2018 and 2023³. Registered accounts are forecasted to grow from 91 million in 2018 to 353 million in 2023 and mobile money revenue is forecast to grow from US$1.2 billion in 2018 to US$3.6 billion in 2023.

Within the global fintech sector DCB, in particular, will be growing exponentially to reach US$28 billion by 2023, with over 1.5 billion users - equating to 39% of those with a smartphone, according to a research into “The Future of DCB” published by Mobile squared. According to this research, the number of users in the Middle East is expected to grow 58% over the 3 years between 2020 and 2023 to reach 60 million DCB users, with revenue growing by a healthy 30%, to a total of US$ 800 million by 2023. Africa is another exciting growth story, with an expected revenue growth of 84% to US$ 985 million and user growth of 60% to reach 128 million.

Payguru’s Co-founder, Chairman and CEO Işık Uman said: “We are proud to have built a successful and profitable business over the last 5 years, which we have achieved through organic growth and no external investment. We are delighted to be joining TPAY MOBILE, a leading player in the region. The merger with TPAY MOBILE opens a huge window of opportunity for the export of our products outside of Turkey, leveraging TPAY MOBILE’s presence in MEA countries.  This will also bring our local merchants the opportunity to collect payments from these new countries with a single integration on TPAYMOBILE/Payguru platform.” 

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1. the Milken Institute Centre for Financial Markets
2. UBS Research
3. Delta Partners

Wirecard, the global innovation leader for digital financial technology, is collaborating with Stocard, the leading mobile wallet and one of the largest B2C European FinTechs, to launch a new mobile payment feature in the Stocard app. The announcement comes as Stocard reaches 50 million users worldwide. Starting today, UK-based Stocard users can pay with their app via a virtual Wirecard-issued Mastercard card, an option that will be rolled out across Europe later this year. Not only will Stocard benefit from Wirecard’s bespoke Banking-as-a-Service solution to launch this new functionality, Wirecard is also providing the acquiring service behind the wallet, allowing users to load funds quickly and effortlessly by adding their bank cards to the app.

Through the new mobile wallet solution, Stocard users can now make contactless payments in-store and online. Wirecard’s research found that contactless payments are booming across Europe:  More than half of British, French and German respondents (57%) report using contactless payment methods more frequently today than before the spread of COVID-19. Over three-quarters (78%) plan to continue making contactless payments even after the crisis.

Stocard was founded in 2011 and is one of the largest B2C startups in Europe in terms of user base. The app allows users to store all their loyalty cards on their smartphones, discover good deals at their favorite retailers, search for and activate coupons, which are applied automatically at the checkout with just one click, and see their transactions and points balance in real time. In 2019, shoppers made 1.7 billion purchases with the app, spending close to EUR 40 billion annually.

“The launch of our mobile payment feature is a major step for Stocard globally,” said Björn Goß, Stocard Founder and CEO. “As our wallets are moving to our mobile phones, the digital wallet is becoming the central hub in our lives for anything around money, shopping, and banking. The future of retail and of banking will look more similar to what we are already seeing in Asia with the likes of Alipay, rather than what European banks are currently doing. This consolidation of shopping, payments and financial services in the digital wallet will happen in Europe as well. We are working closely with our retail partners to shape this future.”

“The partnership with Stocard is an exciting development in the move towards a cashless society. With 50 million users, Stocard’s success demonstrates just how much consumers are shifting towards mobile wallets and cashless payments. We are excited to be collaborating both on the issuing and acquiring side of the payment flow thereby offering consumers a seamless user experience. In the long-term we hope to work with Stocard as they look to offer additional services such as Point of Sale lending and top up payments on a global scale,” added Kilian Thalhammer, EVP Product Management at Wirecard.

The cooperation between Wirecard and Stocard is another example of Wirecard providing its Banking-as-a-Service infrastructure for leading FinTechs within the payment ecosystem. Payments through the Stocard mobile app are accepted everywhere with just a tap of the phone on the terminal. By allowing users to bundle payments with rewards and loyalty points, the app has the potential to transform in-store shopping experiences for the better. The latest payment feature unlocks the app’s full potential: bringing financial services and shopping together in one place.

Today the British Business Bank has announced that it has approved a new lender for accreditation to the Bounce Back Loan Scheme (BBLS), five new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS) and four new lenders under the Coronavirus Large Business Interruption Loan Scheme (CLBILS).

Paragon Bank will join the other 19 BBLS lenders who have been accredited since the scheme opened last month.

New CBILS lenders Growth Lending, inFund, Invocap, NEL Fund Managers, Triple Point will also be able to provide financial support to smaller businesses across the UK that are losing revenue and seeing their cashflow disrupted, as a result of the Covid-19 outbreak.

New CLBILS lenders Greensill, Metro Bank, OakNorth Bank and Secure Trust Bank will be able to provide finance to midsized and larger UK businesses with a group turnover of more than £45m (the upper limit for the existing smaller-business focused CBILS) that are suffering disruption to their cashflow due to lost or deferred revenues during the Covid-19 outbreak.

Following their approval, each lender will be putting in place the operations required to start lending under the scheme and will confirm shortly the dates from which they will be ready to start receiving applications from smaller businesses across the UK.

Keith Morgan, CEO, British Business Bank, said: “Our accredited lenders have seen an incredible demand for Covid-19 business loan schemes since they became available. Accrediting these additional finance providers means further support for smaller business customers and continues the British Business Bank’s long-term objective to offer more diverse sources of finance to smaller businesses.”

Government published statistics show more than 830,000 businesses have to date^[1] benefitted from almost £35 billion in loans and guarantees through schemes delivered by the British Business Bank. This includes 782,246 Bounce Back Loans worth £23.7 billion, 47,650 loans worth over £9.5 billion through the Coronavirus Business Interruption Loan Scheme and £1.5 billion through the Coronavirus Large Business Interruption Loan Scheme.

The accelerated accreditation process the British Business Bank has put in place for the coronavirus loan schemes means it has been able to more than double the number of CBILS lenders since the scheme’s launch, increasing the number from 41 to 86.

The Bank continues to review applications from a wide range of lender types – from PRA-regulated banks, to platform lenders, debt funds, invoice finance lenders, asset finance lenders and responsible finance lenders.

mBank, Poland’s fourth largest banking group based on assets, has chosen Wolters Kluwer’s OneSumX for Risk Management as its risk software. The mobile digital bank operates across three markets in Poland, the Czech Republic and Slovakia. The bank will specifically use the Wolters Kluwer’s solution for Asset and Liability Management (ALM) as well as Market Risk and profitability (Funds Transfer Pricing).

Wolters Kluwer Finance, Risk & Reporting’s (FRR) OneSumX Market Risk module provides an integrated view of profit and loss and risks on balance sheet. Based on a centralized data structure specifically designed for financial institutions, the OneSumX Market Risk solution offers all modern risk analytics and techniques, from basic sensitivity and gap analysis, through more advanced Value at Risk (VaR) techniques and into simultaneous dynamic simulation of credit and market risk, based on Monte Carlo modelling.

The ALM module of OneSumX for Risk Management, meanwhile, is based on Wolters Kluwer’s integrated platform, enabling balance sheet modelling, stress testing and dynamic planning and forecasting.

OneSumX for Risk Management provides the extensive functional coverage and scalability that mBank required when exploring options for risk software. “Wolters Kluwer has an excellent reputation for market leading risk software and has good local market knowledge and experience in implementing such solutions,” commented Łukasz Witkowski, Director of the Balance Risk Management Department at mBank. “We look forward to working with Wolters Kluwer’s experts on the implementation in what is undoubtedly an important project for the bank,” added Patrycja Kołodziejczyk, Manager of the Strategic Projects Team, Risk, at mBank.

“We are delighted to be working with mBank, on this major implementation project,” said Kris Van Bavel, Managing Director of Wolters Kluwer’s FRR business for the Europe, Middle East & Africa region. “The extensive implementation experience of Wolters Kluwer’s experts provides the high level of service mBank requires, alongside our extensive local expertise and exceptional functional coverage. We very much look forward to working with the bank on this project.”

Wolters Kluwer FRR, which is part of Wolters Kluwer’s’s Governance, Risk & Compliance division, is a global market leader in the provision of integrated regulatory compliance and reporting solutions. It supports regulated financial institutions in meeting their obligations to external regulators and their own board of directors.

Wolters Kluwer FRR receives frequent independent recognition of its excellence and innovation, celebrating a record year for award wins in 2019. Risk magazine recently awarded the company its coveted Regulatory Reporting System of The Year Award for the second year running and Waters Technology has named the company the Best Market Risk Solution Provider in its annual Technology Rankings. Wolters Kluwer FRR is also the #1 provider in both Regulatory Reporting and Liquidity Risk according to the RiskTech100, as compiled by Chartis Research.

Amaiz, the new banking and bookkeeping service for small businesses owners, has appointed Francesca (Frankie) Dowling as their new Head of Compliance. Frankie has more than 20 years' experience working in the regulatory field, most recently in risk and compliance. She has worked across many sectors including gambling, legal, financial services and banking. Previous employers include Virgin Money and Leo Vegas Group.  ​

​Amaiz is developing a reputation for its leading-edge security methods and experiential features to prevent fraud. Frankie is renowned for her expertise in compliance (including international compliance), GDPR, fraud prevention, money laundering and cross sector collaboration.

One of Frankie’s first tasks for Amaiz was speaking at a major international conference on fraud prevention, WeFightFraud Live, alongside Police Commander Karen Baxter, National Coordinator for Economic Crime and TransUnion, the global information and insights company.

Amaiz was launched in March 2020 to combine banking and bookkeeping into one easy to use app. It uses leading biometrics to make it easy to access, but safe.

Amaiz Managing Director, Steve Taklalsingh commented, “We’re delighted to welcome Frankie to the team. She brings a wealth of experience and expertise to Amaiz as well as a genuine passion and insight into compliance that has already impressed partners.”

Frankie commented; “I’m thrilled to have joined such a dynamic company as Amaiz. Compliance is not just a statutory duty for any of the team here, it is a real commitment to protecting our customers and potential victims of financial crime. We are proud to take a zero-tolerance approach to this and hope to lead the way in the fight against fraud"