TISAtech FinTech Club is a global digital platform that connects fintechs with financial firms to amplify their reach and position through support and access to development tools of official FinTech Club industry partners’ infrastructure, including Amazon, R3, WeWork and FinTech North/West. TISAtech’s FinTech Club allows fintechs to facilitate successful business relationships with leading financial institutions, […]
Today Wiserfunding, a leading provider of credit risk assessment for SMEs, announced two new customers using its proprietary technology to support hundreds of SMEs in much need of working capital. Access to this capital will be key to recovery for UK SMEs, especially smaller ones that have been subject to temporary closures or operational adjustments. […]
Pulse Cashflow Finance have announced the addition of a tech enabled invoice discounting solution to their portfolio of funding solutions. As the first funder in the market to offer e-sync technology, the development is designed to provide faster and easier access to cash enabling the funder to support more UK businesses and existing clients who […]
The use of contactless payments is set to make up 47% of all UK payments between 2021-2022, and will be the most common type of transaction Contactless payments are up by nearly a third (30%) since the start of the pandemic, when chip & pin payments were still the most popular way to pay Between 2021 and 2022, cash payments will account for just over one tenth (11%) of all purchases Forecasts show […]
Investment in technology and data infrastructure sit at the top of asset managers’ priorities as they position themselves to deliver business growth in the recovery from the Covid-19 pandemic. 56% say their investment will focus on these areas over the next 12 months and for almost half (47%) on ensuring ESG compliance across their product […]
Phos, the fintech behind the leading software-only Point of Sale system (SoftPoS), has secured €2m in funding as it plots a course to a Series A round later in the year. Led by global leader in cloud software for Conversational Commerce CM.com, this recent funding round will allow the company to expand into the US […]
HUBUC, an embedded financial services powerhouse for B2B SaaS, has partnered with Transact Payments, the experts in cards and payments, to provide physical cards to its business clients across UK and European Economic Area (EEA) markets. HUBUC empowers forward-looking Software-as-a-Service (SaaS) brands to make their offering more versatile by plugging into the right infrastructure to […]
Automation is key to accelerating trade finance organisations’ digital journeys, according to a new whitepaper – ‘Trade finance document checking and data management: the case for automation’ – from leading banking software specialist Conpend. The paper explores the transformative potential automation has for the global trade finance supply chain, and showcases ING Bank as a […]
Lenders could see the time they spend processing the average loan reduce by more than 85% with the adoption of Open Banking technology, according to research from Yolt Technology Services (YTS), one of Europe’s leading Open Banking providers. At present, lenders process an average of 6,258 loans a year, with each single loan taking 3.5 hours for […]
The cyber security and GDPR compliance platform, Naq Cyber, has published new data highlighting the true cost of a cyber breach to UK Businesses and the devasting impact it can cause. The average total is more than £43k and this includes legal fees, GDPR fines, downtime and time spent resolving the situation, expert fees to fix […]
