Mettle, the digital business banking account from NatWest, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction. Mettle’s customers simply hold […]
Demica, one of the world’s largest working capital fintechs, announced that BBVA has white labelled its supply chain finance platform globally to serve its large corporate customers around the world. The collaboration will focus on buyer led payables financing (also known as confirming), an important supply chain finance product suite powered by the Demica platform. […]
Evolution Money, the specialist second charge lender, has added its criteria to the Knowledge Bank platform. Knowledge Bank is a multi-award winning mortgage criteria search system. It holds the full criteria of over 250 lenders and has over 110,000 individual pieces of criteria making it the largest database of its kind anywhere is the UK. […]
Covid-19 has generated exceptional cash tensions, with agreements made every day to defer certain payments by one or two months, or sometimes longer. Faced with the challenge of late payment, private equity funds have found it hard to evaluate the impact of Covid-19 on their portfolio companies, with zero cashflow visibility due to the limited […]
Oracle today announced new cloud services to help mid-sized banks combat money laundering and outsmart financial crime. Oracle Financial Crime and Compliance Management Cloud Service brings two decades of experience in fighting big bank financial crime to an easy-to-manage, cost-effective application suite designed for mid-sized banks. The solution powers the full anti-money laundering (AML) lifecycle, […]
Malvern-based D-RisQ, has secured £360,000 from the Midlands Engine Investment Fund (MEIF) Equity Finance Fund, managed by Birmingham venture capital firm Midven. Founded in 2012, D-RisQ specialises in the development of automated software tools that improves system safety across a host of industries, including aerospace, automotive and security. The funds will enable D-RisQ to work […]
Private equity firm Grafton Capital has invested £7m into Third Financial, the fast growing, innovative investment platform and software provider. Grafton Capital’s investment takes it to majority ownership of the business, with £1.5m of fresh capital being injected onto the balance sheet. The deal follows previous investment rounds in 2015 (£2.5m), 2016 (£1.5m) and 2019 […]
PXP Financial, the global expert in acquiring and payment processing services, today launches its ‘Supporting Businesses and Payments through Covid’ report, advising businesses in gaming, retail and hospitality on best payments practice throughout the ongoing Covid-19 pandemic. Split into three designated sections and led by an in-house expert in gaming, retail and hospitality, it provides […]
Sokin has announced it will be partnering with Transact Payments Limited (TPL) as it prepares for the roll-out of its UK and European fixed-price subscription-based payments service. Transact Payments will provide flexible European BIN sponsorship and modular payment, debit and prepaid services as part of the Sokin global service. Through its multiple partners, Sokin offers […]
Chargeback dispute management specialist, Chargebacks911, has today announced the launch of its latest ebook, “50 Insider Tips for Preventing Chargebacks”, which provides merchants with actionable steps to prevent chargebacks filed against their businesses. The company has launched the ebook at a time when all industries have seen a sudden increase in chargebacks due to the […]
