Monneo, a virtual IBAN and eCommerce bank account provider, has announced its partnership with iDenfy, a global identity verification service. iDenfy provides a secure and reliable solution to instantly verify consumers identity online and will help Monneo verify their clients using passports and identity documentation. The result is a quick, safe, and easy onboarding for […]
Mastercard and NatWest Group today announced a further expansion of their partnership bringing faster, secure online payments with Pay by Bank app (PbBa) to its mobile banking app users across the NatWest Group brands: NatWest, Royal Bank of Scotland, Ulster Bank and Coutts. The next revolution in online payments, PbBa is a new, easy-to-use payment […]
E-commerce in 2020 has seen an impressive surge as worldwide retail online sales saw a 27.6% growth rate with sales reaching over $4tr. This upward trajectory is expected to continue—by 2023 global e-commerce is predicted to be worth a sound $6.5tr, up by 22% from 2022 estimates. The Baltics are no exception in this—Lithuania’s e-commerce […]
Global expenses app, ExpenseOnDemand, has published new data highlighting that 75% of UK businesses owners would choose to source a relevant tech solution to allow them to automate a process rather than outsource where possible. These results come as millions of firms continue to work remotely and are more reliant than ever on tech solutions […]
Leading UK anti-money laundering specialist SmartSearch has launched a new weapon in the ongoing fight against dirty cash being cleaned around the world through activity such as buying property. Organised crime gangs and fraudsters are now thought to be responsible for up to $2tr a year in money laundering, which is being enabled due to […]
Compliance in financial services is set to be transformed by technology-based assessments drawing on regulatory data from 180 jurisdictions as part of a collaboration between PwC and RegTech company CUBE. PwC Switzerland, PwC UK and London-based CUBE have revealed a collaboration which will see the organisations work together to transform the world of financial compliance […]
Smartr365, the leading end-to-end mortgage and protection platform, has today announced it has connected with TSB, Aldermore, Leeds Building Society and Accord Mortgages via its latest integration with Iress Lender Connect. Smartr365 and Iress share a vision for streamlined, friction-free mortgage advice and this integration connects four additional lenders to Smartr365’s platform ecosystem. FactFind data […]
Banca Transilvania, the largest bank in Romania, has selected HPD Lendscape, a leading international secured-lending platform vendor, as their technology partner to expand their product offering, streamline lending processes, and further digital and mobile services. Since 2014, factoring volume has nearly doubled in Romania. According to FCI statistics, it is one of the very few […]
Ransomware attacks targeting global businesses have increased by 64%, year over year, according to data contained in new Threat Spotlight research from Barracuda Networks, a trusted partner and leading provider of cloud-enabled security solutions Barracuda researchers identified 121 incidents of ransomware over the last 12 months, from August 2020 to July 2021, and examined the […]
Britain’s investment in the financial technology industry has hit a new record, with almost £18bn worth of deals in the first half of this year, placing the UK second in the world behind the US. This comes as India’s rapid economic recovery leads to a tripling of its Foreign Direct Investment (FDI) output. As over […]
