Regulated firms using manual methods of verification to onboard new individual customers are wasting hours of business time in the process, new data shows. And many of them also acknowledge that those manual checks are less secure. A quarter of 500 decision-makers at firms in the finance and banking, property and legal sectors who took […]
Codat, the universal API for small business data, today announced a partnership with nCino (NASDAQ: NCNO), the worldwide leader in cloud banking, to automate and accelerate banks’ ability to underwrite small business loans around the world. nCino’s seamless solution significantly reduces the time it takes banks to transfer information from a borrower’s financial statements into […]
LianLian Global, a leading global cross-border payments service provider, announced the introduction of the world’s first cross-border payments guarantee to China. LianLian Global’s end-to-end business payments network and best-in-class Know Your Customer (KYC) process enables the company to provide global online merchants and ecommerce entrepreneurs with the most transparent, compliant, and safe cross-border payment options […]
The web scraping industry is maturing both from the technology and business perspective, however, it still lacks proper regulation. For this reason, key market players are launching an Ethical Web Data Collection Initiative (EWDCI) to share best practices and advocate for common principles. These were some of the main takeaways from this year’s edition of […]
Vyne, the specialist account-to-account payments platform, today announces that in a global first, leading automotive retailer Pendragon PLC will offer its account-to-account payment method as the first and preferred payment method both in-dealership and in the future online. The partnership will introduce Vyne’s account-to-account payment capabilities to Pendragon’s automotive brands, including Evans Halshaw, Stratstone and CarStore. Based on […]
Ripjar, the trusted provider for tackling financial crime, today announces the launch of its updated Labyrinth Screening Platform with the addition of AI Risk Profiles. Financial compliance analysts will now have a more streamlined experience generating discrete profiles from watchlists, sanctions, adverse media data, and PEPs (politically exposed persons), leveraging AI to tackle the large […]
The Association of Short Term Lenders (ASTL) has announced the agenda for its Annual Conference, which takes place in London on Thursday 20 October 2022. The ASTL Annual Conference 2022, which takes place at RSA House in central London, will feature the launch of the short term lending industry’s first education programme and the ASTL’s first […]
Carbon Finance, a Pan-African microfinance bank, today announced it has extended its partnership with Mambu to continue growing its financial services offering and accelerate expansion. The agreement enables Carbon to offer the full-spectrum of banking products and services, and launch Carbon Zero, its new ‘Buy now, pay later’ (BNPL) product. Founded in 2012, Carbon is […]
The BCC expects the UK economy to plunge into recession before the end of 2022, with inflation spiking to 14% and lingering weakness in growth expected to continue into 2024 UK Economic Outlook – 2022 The British Chambers of Commerce (BCC) has again downgraded its expectations for UK GDP growth for 2022 to 3.3% (from 3.5% in Q2) against […]
Upgrading the UK’s ageing payments infrastructure and increasing real-time payments adoption are forecast to boost the UK economy by $3.8bn – 0.11% of formal GDP – by 2026, according to a new study published by ACI Worldwide, (NASDAQ: ACIW), Global Data, and the Centre for Economics and Business Research (Cebr). According to the Cebr, the […]
