Pathfinder, a London-based SME which provides a cloud-based Enterprise Platform for advanced analytics and rich data visualisation, has seen off some ‘Big 4’ consultancy competition to win two projects from the Office of Tax Commission and Ministry of Finance in the British Overseas Territory of Bermuda. Having beaten off one of the ‘Big 4’ competitors […]
SurePay, the Dutch FinTech that already checks 90 percent of Dutch payments with the IBAN-Name Check, is proud to announce the successful implementation of its UK Confirmation of Payee solution. NatWest Group chose SurePay as a vendor and partner to implement Confirmation of Payee. The service is already checking 25% of UK online Payments. Last […]
British Business Investments Ltd announces a commitment of up to £40m to Columbia Lake Partners Fund II – CLP Growth II GBP SCSp – at its first close. Columbia Lake Partners (CLP) is a London-based venture debt fund, providing growth capital term loans of £3-10m to venture capital backed technology businesses. The investments are a […]
Tink and PayPal’s extended commercial agreement now includes all countries within the European Economic Area (EEA). As a first step, PayPal will implement Tink’s open banking and account aggregation technology into some user experiences for customers. The expanded relationship is supported by a second strategic investment from PayPal, carried out in connection to Tink’s latest […]
SafeCharge, a Nuvei company, is announcing a new solution offering small businesses alternative ways to accept digital payments in response to the Covid-19 crisis. SafeCharge Local, supported by Visa, enables consumers to make payments online and over the phone whilst also providing a better consumer experience in store by reducing queues and limiting the need […]
Backbase, the leading omni-channel banking solution provider, announced today a strategic partnership with Mambu, the Berlin-based cloud banking platform to jointly deliver a unique and powerful turn-key digital banking solution. In the highly competitive banking industry, financial institutions are looking for ways to increase their speed of innovation and flexibility to offer seamless banking experiences […]
Fintech investment in the UK has exploded by 500% in the last three years, compared to 170% for the USA and 133% for Europe. Since 2018, the UK fintech market has been outstripping the USA and Europe for investment deals, and in the first quarter of 2020 the UK sealed nine major investment deals – […]
With the number of UK SMEs in significant financial distress reaching over 500,000 due to Covid-19, leading invoice insurance provider Nimbla has teamed up with SME credit risk assessment platform, Wiserfunding, to improve the availability and pricing of commercial credit insurance. This will ensure that SMEs can continue trading and prevent the UK economy from […]
New data published today from open banking platform Tink reveals that financial institutions in the UK are ramping up their investments in open banking, as the industry mindset moves away from purely PSD2 compliance and towards value creation. The survey — based on 290 senior decision makers at financial institutions in 12 European countries — […]
UK businesses have been caught off guard by the transition to remote working in the wake of the Covid-19 crisis, new research has found. London-based tech developer Studio Graphene commissioned an independent survey among over 900 decision-makers within UK businesses. It found that 49% of businesses were not adequately set up to enable staff to […]
