NatWest has selected Icon Payments Framework (IPF) to accelerate the bank’s payments modernisation as it continues to align with the new global ISO 20022 payment data message standards. The partnership allows NatWest to initially leverage a Single Euro Payments Area (SEPA) processing engine along with ready-made scheme packs including the recently mandated SEPA Instant capability, […]
VIPRE Security Group, a global leader and award-winning cybersecurity, privacy, and data protection company, today released its latest email-focused security research, “The VIPRE Q2 Email Security Report,” a quarterly report that provides deep insights into the email threat landscape based on the analysis of nearly 2 billion emails. Specifically, according to VIPRE, 85% of phishing […]
The B2B fintech company, WALBING, has obtained a Payment Service License from the German Federal Financial Supervisory Authority. This license, only the second of its kind issued in 2023, enables companies based in Germany to provide payment services in accordance with the German Payment Services Supervision Act (ZAG). The BaFin license marks a significant milestone […]
Metro Bank’s ‘Scam of the Month’ of August 2023 is a warning about the rise in malware attacks against UK bank customers. Malware, or malicious software, is designed by criminals to compromise devices including computers, laptops, and mobile phones. Globally, 5.5 billion malware attacks were reported last year.[1] Malware comes in many forms and include […]
Macau Pass S.A. (“Macau Pass”), together with Alipay+, will expand the coverage of the cross-border payment business of mPay to more than 40 countries overseas in the third or fourth quarter this year. These include the United Arab Emirates, the United Kingdom, Switzerland, the European Economic Area countries (such as France, Germany and Italy), Australia, […]
Emerging apps are all-encompassing commerce and communications platforms, and Europe’s fintech scene must catch up, says Lanistar In recent years there has been a surge in the development of mobile applications, known as Super-apps, which offer payment and financial transaction processing for personal and commercial life. Advanced apps such as WeChat, Gojek and Grab have […]
Online fraud and fincrime prevention technology expert, SEON has released its latest report, titled ‘Neobanking Index: The State of Neobanks in 2023’. The report provides an up-to-date overview of the neobanking sector, leveraging recent research to assess growth and future growth trends, while also identifying the most common types of fraud affecting the space. Key […]
London based legal AI company Genie AI has secured a grant of nearly £200,000 from Innovate UK to advance development of its category-leading AI legal assistant. Their project, “Explaining legal contracts to SMEs through conversational AI trained on open sourced contracts,” was among the big winners in the “Innovation in Professional and Financial Services” competition. […]
Wayflyer, the revenue-based financing and growth platform for eCommerce businesses, today announces the launch of Wayflyer Benchmarks, a tool which unlocks valuable data for eCommerce founders looking to optimize their business and marketing performance. The free resource provides in-depth reports and insights, allowing users to accurately assess how their performance compares to that of their […]
From today, TSB is taking applications for fintechs to participate in its third annual TSB Innovation Labs programme – as the bank and Fintech Scotland encourage a new round of fintech collaboration. Under the programme, winning fintechs will officially partner with TSB to offer innovative services and money-saving solutions to customers, as the Bank expands […]
