Metro Bank has announced fresh features on its mobile app, providing business customers with new receipt management technology. The features are currently available for customers using an iOS device, and the new technology will also be rolled out to Android customers in the coming weeks. The receipt management technology enables businesses to capture, store and […]
SPOKO, an app which offers instant international money transfers, is entering the UK market by targeting South Asian migrant workers looking to move money without the need for bank accounts and costly transfer payments, while also seeking partners to integrate its white label API service. Quick and cheap money transfers by the British-Polish fintech SPOKO […]
It’s not just cyber technologies or digital currencies that are worrying financial crime teams in financial institutions across the UK & Ireland. It’s also the increasing volume and variety of more established financial crimes that aren’t new, but are incredibly hard to detect, such as mule activity; the proceeds of trafficking; the abuse of corporate […]
“Solicitors and other professionals involved with transfers of customers’ money must ensure their own systems are not vulnerable to being hacked and warn customers that last-minute changes to payment accounts are likely to mean fraud is being attempted.” Katy Worobec, managing director: Economic Crime, UK Finance made the statement in her introduction to ‘Fraud – […]
Cloud based accountancy software provider FreeAgent has today launched a series of improvements that will allow its customers to oversee, plan and protect their business with more than ease than ever before. From today, FreeAgent is visible within NatWest’s online digital banking platform, allowing businesses who bank with NatWest to view their finances and accounting […]
VibePay is continuing on its ambitious path of growth, with the integration of more UK banks and payment providers via open banking, and a business account function in its newly launched social payments app. With 24 banks now integrated with the app, including new additions Starling, Capital One and Tesco, VibePay is aiming to boost […]
United Trust Bank (UTB) and Freedom Finance have completed a second charge ‘industry first’ progressing a case from application to offer using the recently launched B2B Digital Messenger service developed by Nivo. The new system, which eliminates the need for email and post, enables a seamless digital transfer and sharing of key customer documents and […]
Research from online broker forum, cherryplc.co.uk, reported that just under half of mortgage intermediaries are looking to acquire a Customer Relationship Management (CRM) system for the first time, with only a third saying they are happy with their current technology provider. In the July poll on cherryplc.co.uk – which focused on technology – when quizzed […]
Cirrostratus Exedra, the fintech founded by ex-MP John Hemming, claims to offer more Open Banking Interfaces to financial institutions than any other Open Banking Third Party Provider (TPP) after successfully adding Hargreaves Lansdown, Investec and The Access Bank. Registered by the FCA to provide Account Information (AISP) as part of Open Banking, Cirrostratus Exedra is […]
New research from DSA Connect, an IT asset disposal company that specialises in the permanent deletion and destruction of electronic data, reveals that 30% of people say it has started to take longer for their employers to upgrade their hardware technology at work over the past five years, with one in five saying they are […]
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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