The Keysource 2020 State of the Industry Report is, unsurprisingly, dominated by the impact of the Covid-19 pandemic – in particular the technology changes and challenges that it has brought to business and its effect on people’s ability to work, their priorities and decision-making processes. The report, supported by TechUK, collates the views senior IT […]
Supply chain finance has seen consistent growth since the global financial crisis of 2008. In 2019 Revenues derived from it reached between $50bn and $75bn, figures from the International Chamber of Commerce revealed. While trade finance revenues overall were down 1% in comparative years figures, taken from the first three months of 2020 compared to […]
ClearBank, the cloud-based clearing bank, has become the first clearing bank to offer multi-currency bank accounts via API. In Q4 2020, ClearBank will be able to offer more than 30 multi-currency bank accounts, providing customers with the ability to seamlessly move funds between accounts with real-time foreign exchange pricing based on interbank rates. This functionality […]
Praetura Ventures, the VC fund that targets high-value sectors in the north of England, is investing £1m in a tech company that helps businesses defend themselves against customer-focused cyberattacks and improve the digital experience their websites offer to consumers. The funding secured by Leeds-based RapidSpike will allow it to enhance and scale its product and […]
One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has been adopted by The Loan Partnership as its primary tech provider. The integration will allow The Loan Partnership to offer extensive product sourcing without the need to rekey any data, plus access to OMS’s all-encompassing CRM system and full workflow […]
Paymentology, the UK cloud-native payment processor, is pleased to recognise the official launch of Standard Chartered’s digital bank, MOX Bank. Paymentology has been working with MOX Bank during the pre-registration phase of the Hong Kong based bank, and now moves to the next phase of full launch. MOX received their virtual banking license last year […]
Tech Nation, the growth platform for tech companies and leaders, has today announced the launch of the Fintech Pledge with support from HM Treasury (HMT) and the Fintech Delivery Panel, to accelerate the growth of the UK’s fintech sector by enabling enhanced collaboration between banks and leading fintech firms. A world-first initiative, the Fintech Pledge […]
Global money transfer provider brings streamlined, inexpensive cross-border payment option to American consumers UK-based Paysend, today announced that its globally-recognized money transfer service is now available for American consumers, providing an affordable, accessible alternative solution for cross-border transactions. The company’s move to the United States is enabled by Paysend’s new partnership with Central Payments, the […]
IPOSUP.com expects to launch pre-Christmas 2020 a new ECASH Account card payments settlement service for UK businesses. The new product based on blockchain ledger technology helps to solve one of the biggest challenges small businesses face: Managing cash flow. IPOSUP.com is launching pre-Christmas its Android phone based “IPOS bric” and “IPOS soft” products to make […]
Anti-money-laundering (AML) specialist SmartSearch has launched TripleCheck, a ground-breaking new digital Know Your Customer (KYC) and AML solution. TripleCheck combines three highly sophisticated verification methods to set a new standard in AML security. Level 1 – Identification and Verification with sanctions and PEP screening Level 1 is SmartSearch’s award-winning electronic identity verification. With just a […]
