Hastee Launches World’s First ‘Earnings on Demand’ Card
Jun03

Hastee Launches World’s First ‘Earnings on Demand’ Card

Hastee, the Earnings on Demand company, today announces the launch of the world’s first Earnings on Demand contactless debit card, powered by Visa. Hastee Card enables users to access and spend their accrued earnings in real-time, as they earn it, anywhere in the world, with the card’s balance dynamically increasing as earnings accrue. Hastee launched the UK’s first Earnings on Demand solution via an app in August 2017; working with...

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Two sides of the same coin: Financial and digital inclusion
Jun03

Two sides of the same coin: Financial and digital inclusion

By Nabeel Irshad, Vice President, Government & Public Sector, UK & Ireland, at Mastercard The issue of how to tackle financial inclusion has long been a part of the conversation in banking and financial services circles. Regulations have led to the UK’s biggest banks having to provide ‘basic bank accounts’ to cater for those who do not qualify for regular current account products. Many fintech and prepaid players have spotted...

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The blockchain platform Factorin has transformed the trade finance market in Russia in only a year since its launch
Jun03

The blockchain platform Factorin has transformed the trade finance market in Russia in only a year since its launch

In just a year since its launch, Factorin is one of the largest B2B blockchain platforms in Europe Factorin transformed the highly competitive trade finance market in Russia since it outperforms legacy technology and offers incredible value to the financial and supply chain industries The team behind Factorin is launching a new platform in Europe soon In only a year, a young technology company was able to change the trade finance...

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COVID-19 vs Insurtechs: Threat or Opportunity?
Jun03

COVID-19 vs Insurtechs: Threat or Opportunity?

Like many other businesses across industries, insurance companies have been heavily impacted by the current COVID-19 crisis. Interestingly, insurtechs and mobile solutions are exactly what can help insurers cope with the most recent challenges. Here’s why the current COVID-19 crisis might actually be an opportunity rather than a threat to insurtech products. Insurance companies in the midst of COVID-19 There’s no doubt that insurance...

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Making Virtual a Reality: The Nations Using Digital to Distance
Jun03

Making Virtual a Reality: The Nations Using Digital to Distance

New Expert Market​ study investigates which countries are most prepared for living online using 9 data points including digital infrastructure, access to digital technology and government investment to rank the most digitally-prepared nations  South Korea who used technology to tackle the virus comes top  Denmark, Sweden, and Norway all sitting in the top five  The USA came fifth, scoring highest for intelligent connectivity but was...

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Norway’s State Housing Bank Selects Temenos to Rapidly Offer Billions in Loans, Grants and Housing Support to Residents and Municipalities
Jun03

Norway’s State Housing Bank Selects Temenos to Rapidly Offer Billions in Loans, Grants and Housing Support to Residents and Municipalities

Temenos, the banking software company, today announced that the Norwegian State Housing Bank, Husbanken, will replace its legacy IT system and deploy Temenos Transact to digitalize and optimize its lending operations. Temenos’ partner, Syncordis, will support the implementation. Temenos’ cloud-native core banking product will drive operational efficiencies across the bank’s back-office operations and reduce cost and complexity....

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Trade finance fintech Stenn extends and upsizes core finance programme to $500 million with new major investors
Jun03

Trade finance fintech Stenn extends and upsizes core finance programme to $500 million with new major investors

Online trade finance scale-up Stenn has secured participation from Barclays Bank, Coface SA, and Crayhill Capital Management LP in its latest investment round. The funding is for its core trade financing programme, Stenn Assets Funding, now sized at half a billion dollars. The two investors and the insurance provider have joined Stenn’s award-winning financing programme, alongside existing financing providers Natixis, which is also...

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Tink extends open banking support for PayPal and receives strategic investment
Jun03

Tink extends open banking support for PayPal and receives strategic investment

Tink and PayPal’s extended commercial agreement now includes all countries within the European Economic Area (EEA). As a first step, PayPal will implement Tink’s open banking and account aggregation technology into some user experiences for customers. The expanded relationship is supported by a second strategic investment from PayPal, carried out in connection to Tink’s latest €90 million investment round that was announced in January...

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How Fintech Can Help Small Businesses Prepare for a Post-COVID-19 Crisis
Jun03

How Fintech Can Help Small Businesses Prepare for a Post-COVID-19 Crisis

During the first three months of 2020, Britain’s economy fell by more than 2%, according to a recently released government report. While to some people, this number may seem marginal, what you need to keep in mind is that the economy has seen the biggest drop in more than a decade. The last time it contracted this much was at the end of 2008 when the global economy went through a major crisis. Even though the situation isn’t hopeless,...

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Sparkle officially launches: a new digital ecosystem to transform the lives of Nigerians across the globe
Jun03

Sparkle officially launches: a new digital ecosystem to transform the lives of Nigerians across the globe

Sparkle, a digital ecosystem providing financial, lifestyle and business support services to Nigerians across the globe, launches today. Sparkle, which has been granted a banking license from the Central Bank of Nigeria (CBN), has been built to help Nigerians fulfil their potential. Sparkle offers comprehensive support for individuals, including flexible payments, savings and analytics to provide greater freedom, flexibility and...

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Cutover secures investment from Barclays in $17m Series A funding round
Jun03

Cutover secures investment from Barclays in $17m Series A funding round

Cutover, a cloud-enabled work orchestration and observability platform, enabling organizations to innovate at pace with operational resilience, announced today that Barclays has joined Index Ventures in its $17 Million Series A funding round.  With many leading global banks and wider financial services firms already on board, this new wave of funding will increase Cutover’s development capability fourfold while supporting the...

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OurCrowd Launches $100 Million Pandemic Innovation Fund
Jun02

OurCrowd Launches $100 Million Pandemic Innovation Fund

OurCrowd, the world’s largest crowdfunded-venture investment platform, today announced the launch of its Pandemic Innovation Fund. The Fund plans to raise $100 million for investment in urgent technological solutions for the medical, business, educational and social needs triggered by global pandemics and other health emergencies. “The rapid spread of the coronavirus has validated our vision of a connected digital world poised to...

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Mark Cuban, Citizens Bank of Edmond and Teslar Software Team Up to Help All Small Businesses with PPP Forgiveness
Jun02

Mark Cuban, Citizens Bank of Edmond and Teslar Software Team Up to Help All Small Businesses with PPP Forgiveness

Who: Mark Cuban; Jill Castilla, president and CEO of Citizens Bank of Edmond; and Teslar Software have collaborated to help small businesses, non-profits and sole proprietors across the country manage the Paycheck Protection Program (PPP) loan forgiveness application. What: The website, PPP.bank, is a free resource built by Teslar Software that any PPP loan borrower can leverage to get an estimate of the forgiveness for their PPP...

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PAYMENT TERMS, SHIPPING AND ONLINE TRADE SHOWS ON ALIBABA.COM: THREE NEW WAYS U.S. BUSINESSES ARE ACCELERATING DIGITALIZATION AMID PANDEMIC
Jun02

PAYMENT TERMS, SHIPPING AND ONLINE TRADE SHOWS ON ALIBABA.COM: THREE NEW WAYS U.S. BUSINESSES ARE ACCELERATING DIGITALIZATION AMID PANDEMIC

As American small and medium-sized businesses (SMBs) fight through the challenges of COVID-19, Alibaba.com, one of the world’s largest B2B ecommerce marketplaces and a business unit of Alibaba Group, today unveiled three new products and services to help these businesses advance their efforts to digitize and pivot online. The products and services include Alibaba.com Freight to enable American SMBs to secure ocean and air shipping for...

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Binance Korea Partners with Coinfirm and Deploys AML Solution
Jun02

Binance Korea Partners with Coinfirm and Deploys AML Solution

Binance, the company behind the leading global cryptocurrency exchange and blockchain ecosystem, announced today that Coinfirm, a global regulatory technology company for blockchain, will provide anti-money laundering compliance solutions to Binance Korea. Based on Binance’s new infrastructure for launching digital asset exchanges called Binance Cloud, Binance Korea opened up in April. The integration comes not long after Binance and...

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New Marketplace Platform Vintro Launches for All Entrepreneurs  Democratising Access to Funding and Mentorship
Jun02

New Marketplace Platform Vintro Launches for All Entrepreneurs Democratising Access to Funding and Mentorship

 Vintro, a new digital, global marketplace of business decision makers, is opening its platform to entrepreneurs and innovators who are seeking mentorship, guidance or investment. Aiming to simplify the business development process, Vintro’s decisionmakers, known as ‘reviewers,’ are compensated for their time to review new ideas, products or services from entrepreneurs or ventures, the community’s ‘creators,’ via a 90-second video. ...

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GoCardless and YayPay Form Partnership to Address YayPay’s Growing Global Customer Base
Jun02

GoCardless and YayPay Form Partnership to Address YayPay’s Growing Global Customer Base

GoCardless, the leading fintech for recurring payments, today announced a strategic partnership with YayPay, a leading predictive accounts receivable (AR) automation solution. This wide-ranging partnership will see YayPay integrate GoCardless’s global network with its AR offerings to provide direct debit payments to its expanding base of customers in North America and Europe. By offering bank debit as a payment option, YayPay will...

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Alasdair Rhind, Aegon – Multichannel environments within wealth management
Jun02

Alasdair Rhind, Aegon – Multichannel environments within wealth management

FF and Alasdair Rhind, Aegon discusses the importance of the multichannel environment in wealth management

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WHISHWORKS adds CPQ, Field Service Lightning and Work.com expertise to their Salesforce offering
Jun02

WHISHWORKS adds CPQ, Field Service Lightning and Work.com expertise to their Salesforce offering

WHISHWORKS, a global IT services and consulting company, today announced that they are expanding their Salesforce practice to include implementation and support services for Salesforce Work.com1, CPQ2 and Field Service Lightning3.  WHISHWORKS joined the Salesforce Partner Programme at the end of 2019, after taking on and growing the existing practice from their parent company, NIIT Technologies. Following this transition, the company...

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Adaptive Behavorial Risk Models Automatically Protect Consumers
Jun02

Adaptive Behavorial Risk Models Automatically Protect Consumers

Fraud and financial crime continue to increase during societal changes. Data has altered due to a dramatic shift in consumer spending patterns. Machine learning models traditionally created on historic data need re-training to learn new consumer behaviors and be effective at identifying fraud and financial crime and optimizing payment flow. Featurespace’s customers are protected during these changes by our invention – Adaptive...

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Lumio chooses Moneyhub’s Open Finance APIs to help young professionals make their money work harder for them
Jun02

Lumio chooses Moneyhub’s Open Finance APIs to help young professionals make their money work harder for them

Lumio utilises Moneyhub’s data APIs to give customers a full view of their finances Moneyhub provides the only comprehensive Open Finance data aggregation source in the market Financial mentoring and money management app Lumio chooses Open Finance platform Moneyhub to provide their users with a true picture of their finances by having access to all their financial information in one place. The Lumio app automatically finds clever ways...

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New partnership will redefine the future of banking in the UK and Europe
Jun02

New partnership will redefine the future of banking in the UK and Europe

Sirma Business Consulting (part of Sirma Group) today announces a new strategic partnership with Madara Invest to change the future of banking in the UK and across Europe. Madara Invest will provide a new fintech solution to bridge the gap between traditional finance and the latest technology. The project will give people access to convenient banking services with a user-friendly interface and customer experience. The project will be...

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UK Government moves to embrace Payment Initiation with TrueLayer appointment
Jun02

UK Government moves to embrace Payment Initiation with TrueLayer appointment

TrueLayer, one of the leading providers of financial APIs, has been appointed to the UK Government’s Crown Commercial Service’s (CCS) Payment Acceptance Framework. As a result, TrueLayer can provide public sector organisations with its Payment Initiation Service (PIS). PIS is faster, more secure and has much lower transaction costs than nearly any other payment method. As people do not require credit or debit cards to complete...

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NICE Releases Integration of Trading Recording and Microsoft Teams to Drive Digital Transformation for Financial Services Organizations
Jun02

NICE Releases Integration of Trading Recording and Microsoft Teams to Drive Digital Transformation for Financial Services Organizations

NICE, a leading provider of financial communication compliance solutions, today announced the release of the integration of the NICE Trading Recording System (NTR) and the Microsoft Teams unified communications platform. NICE also announced that it is working with Microsoft to certify NTR under Microsoft’s new Certified for Microsoft Teams certification program for compliance recording solutions. Financial services organizations...

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Salt Edge’s data aggregation helps Zeeco calculate carbon emissions
Jun02

Salt Edge’s data aggregation helps Zeeco calculate carbon emissions

Zeeco, a New Zealand fintech, teamed up with Salt Edge, a leader in offering open banking solutions, to access users’ bank data and automate eco-contributions. With raising awareness on the environmental problems in the world, more and more industries turn to eco-friendly solutions and now even everyday shopping can benefit the planet. Zeeco is an app that lets users shop carbon free anywhere. By connecting directly to the users’ bank...

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Mastercard announces Fintech Express to empower European startups to launch and expand rapidly
Jun02

Mastercard announces Fintech Express to empower European startups to launch and expand rapidly

Mastercard’s new Fintech Express programme provides tailor-made solutions that boost market entry and expansion for startups The programme supports digital payment innovators by making it simple to collaborate with Mastercard and its extensive network to launch new fintech products. Mastercard Fintech Express enables participants to create new tech alliances designed to propel fintechs from concept to market in a matter of days...

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Rapyd Launches All-In-One Integrated Payment Solution in the UK
Jun02

Rapyd Launches All-In-One Integrated Payment Solution in the UK

Rapyd, a global Fintech as a Service company, today announced the launch of a single, “full-stack,” payment solution in the UK allowing businesses locally and globally to access every major local payment method — such as cash, bank transfers, ewallets, and cards — through one easy to integrate connection. In partnership with several major payment partners including Visa, Mastercard, Payzone, and ClearBank, Rapyd’s...

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Vesta Secures $125 Million Investment From Goldfinch Partners
Jun02

Vesta Secures $125 Million Investment From Goldfinch Partners

Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured $125 million in new growth capital from private equity firm Goldfinch Partners. The funding will provide Vesta with the resources to invest in growth and continue the global deployment of its fraud protection and e-commerce payment solutions. Vesta enables e-commerce companies to grow their businesses by focusing on revenue rather than...

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Starling Bank Connected Card
Jun02

Starling Bank Connected Card

Starling Bank’s Connected Card has been endorsed by the Royal Voluntary Service and the national disability charity Scope, which campaigns to challenge and change negative attitudes about disability. The organisations have recognised it as a trusted payment card for the vulnerable and those self-isolating, to give to anyone they trust to pay for groceries and other essential items on their behalf. As part of this, the Royal Voluntary...

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Ricky Knox, Tandem Bank – Does being digital only mean you’re future proofed against KYC-AML regulations
Jun02

Ricky Knox, Tandem Bank – Does being digital only mean you’re future proofed against KYC-AML regulations

We ask Ricky Knox, Tandem Bank whether being digital only means they’re future proofed against KYC-AML regulations-...

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UK tech startup Temporall announces funding round from UK VC
Jun02

UK tech startup Temporall announces funding round from UK VC

UK tech innovator Temporall secures seven figure funding from UK-based VC Luminous Ventures Announces Blue Prism as a client; delivering pro bono programme to support  Anthony Nolan – the charity that saves the lives of people with blood cancer Commits to 4x employee growth plan through 2022 – hiring two new senior tech leaders this week; 10 hires already this quarter Building a global partner ecosystem; two premium...

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FinoComp launches innovative investment performance reporting service – Insight
Jun01

FinoComp launches innovative investment performance reporting service – Insight

FinoComp the wealth management microservices business, now owned by Bravura Solutions, today announces the launch of a ground-breaking, innovative investment performance reporting tool – Insight.  This new configurable microservice provides access to state-of-the-art reporting analytics enabling the tracking and accurate analysis of performance data across investment portfolios both at an individual investor level and across multiple...

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Finastra appoints Margaret Franco as Chief Marketing Officer
Jun01

Finastra appoints Margaret Franco as Chief Marketing Officer

Finastra has appointed Margaret Franco as Chief Marketing Officer. Joining from Dell Technologies, she is based at Finastra’s London headquarters and takes responsibility for leadership of the global marketing organisation, including corporate communications, brand, digital, solutions and field and partner marketing. Margaret brings a wealth of marketing and product management expertise from her career in the technology industry. Most...

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FF Virtual Arena: Payments with ING
Jun01

FF Virtual Arena: Payments with ING

Join us today at 14:30 BST for our Virtual Arena with ING’s Mark Buitenhek and Fintech Finance’s Douglas Mackenzie where they discuss the very nature of the ever changing payments ecosystem. This is your chance to listen to the Head of Transaction Services from the worlds most innovative bank...

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FF Fundraiser #2 May 2020
Jun01

FF Fundraiser #2 May 2020

We have the very talented Lewis taking on the biggest fundraising news throughout May! Absolutely not to be missed, because this guy can drop a beat!  

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Conductor, Leading Brazilian Card Processor, Enters Latin America Acquiring Market with ACI’s Cloud-Enabled Solutions Powered by Microsoft Azure
Jun01

Conductor, Leading Brazilian Card Processor, Enters Latin America Acquiring Market with ACI’s Cloud-Enabled Solutions Powered by Microsoft Azure

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that Conductor, a leading Brazilian-based card processor, is spearheading its entrance into the Latin American acquiring market using ACI’s UP Retail Payments and UP Payments Risk Management solutions, which it will deploy in the public cloud powered by Microsoft Azure. Conductor, which has served financial institutions,...

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Jorge Madrigal, Belvo – The relationship with financial institutions and fintechs in Mexico
Jun01

Jorge Madrigal, Belvo – The relationship with financial institutions and fintechs in Mexico

We speak with Jorge Madrigal of Belvo about the relationship with financial institutions and fintechs in Mexico  

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Mastercard, PFS and Starling Bank team up to offer a trusted alternative to cash to NHS volunteers
Jun01

Mastercard, PFS and Starling Bank team up to offer a trusted alternative to cash to NHS volunteers

As National Volunteer Week gets underway, Royal Voluntary Service has identified two Mastercard issuers to provide trusted payment cards to NHS Volunteer Responders. These can be applied for by the critically vulnerable and those self-isolating to give to volunteers to pay for their shopping, in a safe and secure way. NHS Volunteer Responders has been set up to support the NHS and the care sector during the COVID-19 outbreak. An...

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Gala Technology extend secure payment capabilities to ‘Video Meeting’ platforms in world first
Jun01

Gala Technology extend secure payment capabilities to ‘Video Meeting’ platforms in world first

Gala Technology, the innovative Yorkshire-based company behind the multi-award winning ‘Cardholder Not Present’ (CNP) payment solution, SOTpay have announced that they have conducted a successful proof of concept by processing secure and PCI DSS compliant payments across numerous video meeting technologies, including Microsoft Teams, Zoom, Webex and GoToMeeting in what is believed to be a world’s first. The Fintech company...

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Wolters Kluwer Updates OneSumX for Regulatory Reporting and Signs ING in China
Jun01

Wolters Kluwer Updates OneSumX for Regulatory Reporting and Signs ING in China

Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has released an update for  its OneSumX for Regulatory Reporting solution to allow clients to meet the Second-Generation People’s Bank of China Enterprise Credit Reference Submission. OneSumX for Regulatory Reporting combines bank data into a single source of data to ensure consistency, reconciliation and accuracy and includes Wolters Kluwer’s Regulatory Update Service....

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Britons Embrace Biometrics But Over Half Will Abandon Applications If Not Fully Digital
Jun01

Britons Embrace Biometrics But Over Half Will Abandon Applications If Not Fully Digital

Independent research commissioned by global analytics software provider FICO reveals that 89 percent of UK citizens would open a financial account online. 83 percent would open a current bank account online. 70 percent would take out a credit card online. 74 percent would open a mobile phone account online. Over three-quarters want to prove their identity digitally as part of the on-boarding process – by scanning documents or...

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METRO BANK PLC appoints new chief transformation officer
Jun01

METRO BANK PLC appoints new chief transformation officer

Metro Bank has today (01.06.20) announced that Martin Boyle has been appointed Chief Transformation Officer. He will report to the CEO, Dan Frumkin and will be a member of the Bank’s Executive Committee (ExCo). Martin, an experienced change and operations leader with extensive retail banking expertise, joins from Nationwide Building Society, where he was Chief Transformation Officer and sat on the society’s ExCo. He will be...

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Tech Nation Chair Announcement
Jun01

Tech Nation Chair Announcement

Tech Nation, the UK’s leading growth platform for tech companies and leaders, announces Stephen Kelly as the new Chair.  Stephen Kelly succeeds Eileen Burbidge MBE who has served as Chair since 2015. Stephen has a wealth of experience scaling technology businesses as a successful serial entrepreneur. As part of a Silicon Valley start-up team, Stephen grew a company to $70m revenues in 4 years which floated on NASDAQ, where he became...

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Landbay introduces LTVs to 75% and recommences physical valuations
Jun01

Landbay introduces LTVs to 75% and recommences physical valuations

Landbay, one of the UK’s leading buy-to-let lenders, today launches a new product range, with loan to values up to 75% LTV. Landbay, which is institutionally funded, has continued to lend on buy-to-let properties throughout the lockdown.   Rates on the new range start from 3.39% and it will also lend both on large and small houses in multiple occupation (HMOs) of up 12 units, multi-unit freehold blocks (MUFBs) and new build...

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CoinSwitch Officially Launches CoinSwitch Kuber, the Crypto Exchange App for India
Jun01

CoinSwitch Officially Launches CoinSwitch Kuber, the Crypto Exchange App for India

CoinSwitch.co, the worldwide aggregator of cryptocurrency exchanges, has today launched CoinSwitch Kuber, the Indian rupee (INR) cryptocurrency exchange mobile application, exclusively for the Indian market. The launch comes amid unprecedented demand for cryptocurrency products in India, with CoinSwitch Kuber having signed up over 100,000 users during the pre-launch promotion period, far exceeding the 25,000 users initially targeted....

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Uinsure to save customers money at renewal, offering a great deal each year
Jun01

Uinsure to save customers money at renewal, offering a great deal each year

Uinsure, the multi-award-winning Home Insurance provider, has today announced a change to its renewal process. From July, Uinsure will rebroke all renewals by searching and comparing premiums from their panel of leading UK insurers, including AXA, Ageas, LV=Broker, RSA and UK General. If another insurer is cheaper, Uinsure will offer their customers the opportunity to switch to that insurers new business price at renewal.  If the...

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IrisGuard leads the way in contact-free iris verification payment services with ISO Level 1 PAD test compliance
Jun01

IrisGuard leads the way in contact-free iris verification payment services with ISO Level 1 PAD test compliance

We are delighted to announce that we have received our final certification and notice of compliance for Presentation Attack Detection to internationally recognised ISO 30107-3 standards from independent test house specialists, iBeta labs, in Denver.  IrisGuard is one of only two companies globally to receive such compliance for its EyePay android phone, app and EyeCloud processing system. IrisGuard is the world leader in dedicated...

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Microgen and Touchstone rebrand to become TrustQuay
Jun01

Microgen and Touchstone rebrand to become TrustQuay

Following the recent merger of Microgen and Touchstone, the company has today announced its new name and new brand for the combined business – TrustQuay.   TrustQuay is now the leading provider of technology to the trust and corporate services market, serving more than 450 clients and 15,000 users in over 30 jurisdictions. TrustQuay has 9 offices worldwide and an established physical presence in key markets including Australia,...

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Enfuce powers payments in MaaS Global’s revolutionary mobility app
Jun01

Enfuce powers payments in MaaS Global’s revolutionary mobility app

Maas Global, the leading Mobility as a Service provider, has partnered with Enfuce – Finland’s largest fintech startup – to launch a card payment offering in Whim, MaaS Global’s all-inclusive mobility app. The partnership enables MaaS Global to issue Mastercard prepaid cards securely, and expand its offering to new markets.  MaaS Global revolutionises urban mobility by gathering all public and private transport services in convenient,...

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Tory Jackson, Galileo – How have payment technology and financial services changed in last half a decade
Jun01

Tory Jackson, Galileo – How have payment technology and financial services changed in last half a decade

We speak with Tory Jackson of Galileo about how have payment technology and financial services changed in last half a decade

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