Global fintech company Paysend has partnered with Pakistan’s JS Bank to support the launch a new payment solution for freelancers. The ‘Freelance Wallet’ will enable freelancers in Pakistan, estimated at 1.15 million in number and earning in excess of $1bn per year, to be paid on time and in full. The JS Bank Freelance Wallet […]
The TALL Group of Companies, the UK’s leading provider of secure electronic and paper payments solutions is working with a growing number of high street banks that have all signed up as early adopters of UCN Plus®, in a move designed to strengthen the industry’s protection against cheque fraud within the UK payments systems. Martin […]
Metro Bank has become a direct participant of Bacs, the Pay.UK-operated payment system, helping enabledirect debit origination for business customers through a new partnership with Bottomline Technologies. Bottomline is a leading provider technologies which help businesses pay and get paid. Through this partnership, Metro Bank has deployed new technology to take greater control of its […]
Although traditional banks still hold the largest market share for consumer and business loans, there has been a considerable demand for fintech lending in recent years. Global fintech lending, or the alternative loans industry will hit a $312.6bn transaction value this year, growing by 17% year-on-year, according to data gathered by LearnBonds.com. The rising trend, […]
In the wake of Brexit, the Danish payment institution Clearhaus has secured a license which gives the Danish acquirer access to the attractive UK market. The license, issued by the UKFCA, allows Clearhaus to continue to provide its payment solutions to webshops in the UK market. The same way as Clearhaus does in the rest […]
AccountScore, the UK’s leading open banking platform, today announced that it has enabled Simply to capitalise on the benefits of open banking by providing the lender with an API to further enrich the lender’s underwriting data sources. When integrating this with the data that is available through open banking, Simply is able to speed up […]
An SME-focused alternative lender has today announced that it will offer all its customers a ‘first line of defence’ against fraud that currently costs SMEs nearly £1.5bn a year. Just Cashflow says it will lead the field with the AI-driven services it is providing which will be free of charge and cutting edge. The software […]
NatWest has launched the UK’s first intelligent cash management solution for businesses, in partnership with G4S. Intelligent Safe is an innovative and secure cash solution that enables businesses to benefit from same day automated account crediting of its cash transactions, without having to deposit that day’s takings in their local branch. Businesses using Intelligent Safe […]
Kroll, a division of Duff & Phelps, the global leader in risk mitigation, cyber resilience, security and incident response solutions, is urging business leaders to proactively ensure that they have robust and compliant data protection controls in place on this Data Privacy Day. Kroll’s recent Global Fraud and Risk Report, with research conducted by Forrester […]
Analysts of the P2P platform Robo.cash have identified the most likely trends for the further development of alternative lending in Europe. The most prominent include the increasing importance of the P2P sector in its mainland part, gradual creation of a pan-European space for crowdfunding and stronger cooperation of P2P platforms with banks. While the growth […]
