Tech Nation, the growth platform for tech companies and leaders, announces the 31 tech companies that have been selected to join the Fintech Cohort 3.0, in conjunction with revealing new data that shows the UK is leading fintech in Europe. The cohort includes companies from across the fintech sector; operating in areas such as: insurance, […]
A recent study conducted by the European P2P lending platform Robo.cash has named positive profits in 2019 and work with affiliated loan originators as the 2 key factors for P2P platforms’ success during the crisis. Remarkably, interest rates, funding volumes and the platforms’ experience do not play big roles here. The research embraced 15 most […]
Six months on from the official government lockdown, Robert McKechnie, Open Banking Expert at Equifax UK, believes technology and digital transformation will continue to play an increasingly important role for companies within financial services: “The intersection between financial services companies, customers and technology has been irrefutably and permanently altered. Covid-19 and the consequent restrictions on […]
Despite an increased need to stand out from the crowd in the online shopping market, retailers must not jump to creating unique, experiential experiences for customers, until they can guarantee basics such as ease-of-use, speed and security are established and unflawed. This is according to James Allen-Lewis, development director at Sonassi. A recent KPMG whitepaper […]
With the integration, EBANX reaches a market that has around 50 million users of e-wallets in the country. Consumers will be able to buy on international websites using the wallet Payments company EBANX now offers more payment possibilities in Brazil for purchases of global products and services. PayPal users in the country will be able […]
Paragon Bank has procured business onboarding and automated due diligence technology services from RegTech firm, TruNarrative. The decision follows Paragon Bank’s recent approval from the British Business Bank, enabling Paragon to deliver bounce back loans to SME’s coping with the Covid-19 economic situation. Paragon Bank is a FTSE 250 multi award winning specialist bank with […]
A software firm which helps accountants analyse their clients’ data is launching a new service to enable banks and financing firms make better lending decisions. The cloud-based service uses an API (app programming interface) to extract financial data in minutes and present it to the lender in an easy to understand standardised format. Ledgerflow, the […]
Open banking platform Tink continues its expansion across Europe with the acquisition of the aggregation platform of OpenWrks, a leading UK-based provider of open banking applications. This move strengthens Tink’s connectivity coverage and solidifies its market leading position in the UK. The acquisition is also part of a strategic partnership where OpenWrks will power its […]
P2P lending platform Proplend announced this week that it had broken through the £100m lending milestone across the platform (£102m as of today), returned over £47m of capital and paid £10m of interest to its Lender base. Proplend Limited is a fully FCA authorised peer-to-peer lending platform specialising in sub £5m, secured commercial property loans […]
An international study of over 1,000 senior professionals in banks, lenders, PFMs, investment companies and retailers, by leading open banking provider Yolt Technology Services (YTS) has revealed that 42% of banks recognise the need to improve their service offering and boost customer satisfaction levels in the year ahead. In particular, bankers noted shortcomings in their […]
