Criminals have never had more avenues through which to defraud people. This has been fuelled by the proliferation of technology ranging from instant messaging to new forms of remittance, like P2P and real-time payments. That’s why ComplyAdvantage, the leader in financial crime intelligence, today announces the launch of Fraud Detection, its new solution that uses […]
The introduction of ChatGPT at the end of last year has triggered a rush to use generative AI and related technologies, as reflected in the agenda at IRX & eDX 2023 at the National Exhibition Centre in Birmingham in late May How will generative artificial intelligence change retail? How should retailers use this nascent technology, […]
Nilos, a leading financial platform for businesses operating with crypto-currencies, has launched its new Virtual EU IBANs aimed at companies dealing with crypto in Europe. The move has been made possible by their new partnership with Modulr, a leading payment and card issuing platform. The solution allows businesses to have a dedicated crypto-friendly payment account, […]
The UK’s leading renttech platform, Goodlord, has partnered with Tink, Europe’s leading open banking platform, to maintain its cutting-edge approach to the use of financial technology in tenancy referencing. Goodlord, who first integrated open banking into its referencing offer in 2018, will use Tink’s Income Check technology to offer fast and effective referencing to tenants […]
Regulated firms need to make the switch to a perpetual Know Your Customer (pKYC) model to stay alive to the rising threat of financial crime, a compliance expert has warned. Zowie Lees-Howell, a data expert and vice president of enterprise sales at SmartSearch, the UK’s leading digital compliance provider, believes the current climate requires firms […]
iDenfy, an AI-enabled identity verification, and fraud prevention tech startup, announced its partnership with Fincapital Partners, an all-in-one banking and asset management platform that offers comprehensive financial services. The company will leverage iDenfy’s advanced KYC and AML solutions to deliver a seamless customer onboarding process. Fincapital Partners aimed to maintain a user-friendly interface and uninterrupted client […]
Silico, the Business Process Simulation platform, today launches a new report titled ‘Forewarned is Forearmed’, exposing the need for intelligent planning to navigate challenging global economic headwinds. Research conducted by 3Gem on behalf of Silico found that almost all UK businesses (94%) are comfortable with technology taking charge of decision-making and autonomous planning with little or no […]
The potential opportunities for banking-as-a-service (BaaS) in Europe could lead to a revolutionary shift in the financial service industry, a report reveals by research firm WhiteSight as commissioned by fintech SaaS provider Toqio. According to “The State of Banking-as-a-Service in the UK & Europe”, changes have already begun and are gaining momentum, indicating a rapid […]
Leading forecourt retail specialist Suresite Group has announced its new ‘unattended’ contactless payment solution is now live, and has exceeded initial demand expectations, positioning the company as a pioneer for this largely under-served market. Thanks to a strategic partnership with payment solutions provider Vianet in late 2022, Suresite has developed a solution to meet the […]
Square today launched Tap to Pay on Android for sellers in the UK. The new technology empowers sellers to securely accept contactless payments with a compatible Android device, and at no additional cost. With Tap to Pay on Android, Square is making it even easier for new sellers and established businesses to conduct in-person commerce. […]
