Cloud based payment processor Paymentology has launched its new Instream Fraud Scoring model which aims to improve the identification and blocking of fraudulent activity at point of sale on card usage, by more than 30%. The technology built into the new model ensures that the rapid speed of authorisation, for which Paymentology has become recognised […]
The government has announced a consultation that could significantly impact the VAT accounting treatment for online market places (“OMP”) and possibly delivery agents, say leading tax and advisory firm Blick Rothenberg. Alan Pearce, VAT partner at the firm said: “This is part of the alignment of how EU and non-EU goods will be treated after […]
Countingup, the business current account that automates your accounting, has received the backing of leading fintech investors. The London-based startup has raised £4m in a bridge round of financing led by ING Ventures with co-investment from Triple Point, CVentures and BiG Start Ventures. All are backing the company’s vision to be the one financial hub […]
Hodge has today launched a brand-new website and broker portal, six months in the making and created to streamline the broker journey. Going forward, brokers will be able to place and manage all mortgage cases for residential, retirement and holiday let products online via the portal. Not only that, the lender has also launched a […]
Marqeta, the global modern card issuing platform, today released the findings of a survey of over 4,000 UK and US consumers, looking at their attitudes to, and experiences of, financial fraud. 96% of UK respondents report having concerns about fraud, but more than two fifths (42%) said they accept fraud as a cost of living […]
Leading RegTech companies, Kompli-Global and ComplyAdvantage have entered into a strategic partnership to take the fight to fraudsters and money launderers. Kompli-Global has just launched the most comprehensive remote corporate onboarding platform called Kompli-QED™ that offers the powerful combination of its own unique proprietary solutions alongside services from best in class third party providers. Jane […]
Banco Santander announced today the completion of its purchase of a c.50.1% stake in Ebury, one of the best international payment, FX and international cash management platforms for SMEs, after obtaining all regulatory approvals from the required authorities. This transaction was announced in November 2019 and is part of the bank’s digital strategy, providing SMEs […]
Digital banking in the Asia Pacific (APAC) is set to be widely adopted with over three in five customers (63%) willing to make the switch to neobanks and challenger banks in the next five years, according to the Fintech and Digital Banking 2025 report by Backbase and IDC. The report also found that the region […]
bitFlyer Europe, the European arm of the world’s largest bitcoin exchange by trading volumes, has today released the results of its annual Crypto-Confidence Index. Built from a consumer poll of 10,000 respondents across 10 countries in Europe, this is the second year of the index which demonstrates the levels of confidence in European populations that […]
HPDLendScape, a leading secured lending platform vendor, today announces new upgrades to its supply chain finance (SCF) solution. The new enhanced solution will make it simpler and faster for lenders to onboard and support buyers and suppliers, giving businesses more streamlined access to much needed working capital during the COVID-19 pandemic. Bringing together buyers, suppliers […]
