Following a rollercoaster 2020, the amount of VC funding flowing into Europe’s fintech sector seems set to reduce significantly in Q4 2020. VC investments into Europe’s fintech sector totaled €367m across 44 deals in October 2020. According to the research data analyzed and published by Comprar Acciones, it was one of the lowest monthly figures in […]
Starling, the leading UK digital bank, has today welcomed Nutmeg, by recent reports the UK’s largest digital wealth manager, to its fast-growing Marketplace. The new service will help Starling’s personal and sole trader customers connect their banking to their investment accounts and pensions, as they prepare to navigate the new year ahead. Founded almost 10 […]
Marqeta, the global modern card issuing platform, today released the second part of its European Banking report, based on a survey of 200 European banking executives, about the challenges they are facing when trying to respond to the greater need for payments innovation in the wake of the Covid-19 pandemic. According to the findings, 94% […]
United Trust Bank (UTB) is teaming up with specialist AI solutions provider Optalitix to sponsor and host a series of webinars called The Innovation Pipeline (TIP!)-Talks looking at future innovation and technology advancements in the financial services arena. The first TIP Talks webinar is being held on the 10 December at 3pm and asks the […]
With the ever-increasing digitalisation transforming the modern world, the European Central Bank (ECB) has raised the idea of launching a digital euro, which would assume an electronic form of currency accessible to citizens and companies alike. According to Marius Galdikas, CEO at ConnectPay, it seems like a high-potential bearing solution, which could greatly liberalize the […]
Trade Ledger, the global technology provider to the commercial banking and financial services industry, today announced that Bibby Financial Services (BFS), a global SME financier, has adopted the Trade Ledger origination platform to streamline customer onboarding and operational processes. Trade Ledger’s Lending-as-a-Service Platform allows funders to re-imagine business finance for the digital era, using cloud-native […]
Digital payments start-up Pomelo Pay has secured a £2.1m investment in a seed funding round led by Force Over Mass. The funding will enable the hardware-free digital payment service provider to grow its offering and continue to help businesses – from independent start-ups to multinationals – navigate the current economic climate by enabling them to […]
PagoFX, the low-cost international money transfer service, is available from today for small businesses in the UK with the launch of PagoFX for Business. As the service is open to UK-based small to medium enterprises, no matter who they bank with, millions now have access to PagoFX’s fast, secure, and low-cost international payments for business […]
A majority of senior fintech professionals say Covid-19 has had a negative impact on the industry, but many are more optimistic about the future now than they were at the start of the pandemic, according to a report released today by research and content agency Pensar Media. The report—Pandemic Pains: How the Covid-19 Crisis is […]
Merchants and online retailers could face an onslaught in bot attacks this Black Friday and Cyber Monday, with potentially 1 in every 40 online transactions expected to be a result of a fraudulent bot attack, according to analysis by LexisNexis® Risk Solutions. Evidence from the latest LexisNexis Risk Solutions Cybercrime Report, shows a growth in both […]
29/11/2020
Edition 288 – October/November 2020
An ill wind By Business Money group editor Robert Lefroy Lack of cyber securi...
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