Anti-fraud firm BlockClaim completes £500k seed funding
The UK-based firm uses AI and blockchain to detect fraud.
The UK-based firm uses AI and blockchain to detect fraud.
Social media is a valuable and largely untapped source of data for the banks.
Companies will no longer be able to charge interest on money repaid within offer period.
The Norwegian financial services group will also implement 11:FS Foundry.
The capital would be used within the next 18 months.
“Design, like technology, is a strategic superpower that can be used to do incredibly bold things.”
The bank is also looking out for more partnerships to push AI capabilities.
It proposes more transparency for better customer experience.
FinMechanics is seeking additional implementation partners and initial Europe-based sites.
As part of its Brexit preparations, UK fintechs and payment services must also prepare for visits from the CSSF.
Designed for leaders of UK’s most promising scale-ups.
Companies and investors will be able to connect directly.
Its platform will accelerate trades, strip out costs and provide transparency for buyers and sellers.
The FCA introduces new rules for P2P platforms, while Tink secures investment from PayPal, and more!
Bringing “an omnichannel payment and loyalty experience that is unrivalled in the market”.
News on CIBC, NAB and Bank Leumi alliance, SoFi funding and more!
The UK-based payments system is also opening new offices in Amsterdam.
Yolt is also partnering with Payvision and Funding Options, both of which also have ties to ING.
Chinese tech giant, Tencent Holdings, led the latest round of funding.
Bix2X platform aims to improve access to working capital for SMEs.
Diversification and a new SME product are on the cards.
AMLtrac has been integrated into Hinckley & Rugby’s Summit back office system.
The app will provide eBay small business customers with a simple cash flow loan when they need it.
The financing round was led by Mastercard.
UK fintechs collaborate to help consumers spend smarter and reach saving goals.
The additional capital will support the company’s growth trajectory.
What fintech companies need to do to secure the long-term right to stay in the UK for their EEA nationals employees.
The bank didn’t properly manage the outsourcing of payment services.
Following the acquisition of Quovo in a $200m deal.
How setting the right business KPIs can be the first step to turning around your business.
The platform automates the fundraising process.
The money will fund further expansion into Europe and Asia.
News on Facebook, Monzo, Transferwise, and more!
Taking the total amount raised by Modulr to £24 million.
The FCA and Action Fraud aim to raise awareness of investment fraudsters.
More than one-third of start-ups and SMEs are suffering with cash flow issues, with a total of £26bn owed to them.
Solution avoids limitations of analogue legacy systems.
International payments firm raised $292 million in secondary funding.
This provides instant access to credit by connecting shoppers to multiple lenders at the moment of purchase.
It is the UK’s largest pool of social impact investment.