Tagged: uk

GlobalBlock Says Money Moving Back Into Crypto

BTC BItcoin Cryptocurrency

After a painful drop where Bitcoin crashed below $30K and many other cryptocurrencies chased it down, GlobalBlock (TSXV:BLOK) sees light at the end of the tunnel – at least for now. Marcus Sotiriou, Analyst for GlobalBlock, operating in the UK has distributed a comment on… Read More

Edinburgh’s Payments Fintech Zumo Appoints Jonathan Sepulchre as Head of Growth

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Zumo, the Edinburgh-based crypto wallet and payments platform, recently appointed Jonathan Sepulchre to serve as Head of Growth, a newly-created function “to drive the next stage of the company’s development.” An experienced “growth leader” with a comprehensive background in digital marketing, Jonathan will work closely… Read More

Mindtree and Finastra to Provide Managed Services Payments Solutions in the Nordics, the UK, Ireland

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Mindtree (NSE: MINDTREE), a global tech services and digital transformation company, and Finastra, a financial technology provider, has announced a partnership to bring Finastra’s Fusion Payments To Go payments technology “to banks in the Nordics, the UK and Ireland, as a managed service.” As part… Read More

Tide and Sage to Build End-to-End Accounting, Tax Solution for SMBs

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Tide, the United Kingdom’s business financial platform and Sage, a key player in accounting, financial, HR and payroll technology for small and mid-sized businesses, has announced the “launch of a complete end-to-end accounting and tax solution for small businesses.” In an effort to simplify business… Read More

UK’s Starling Bank Signs Up “Lionesses” for its UEFA Women’s EURO 2022 National Sponsorship

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  Starling Bank has launched a campaign that “celebrates” women’s football as part of its national support of the UEFA Women’s EURO 2022 tournament. The ‘Our Time’ campaign highlights the glass ceilings that continue “to be broken for the women’s game, while nodding to Starling’s… Read More

UK Fintech Griffin, a Banking as a Service Provider, Submits Application for Banking Authorization

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Griffin, a UK Banking-as-a-Service (BaaS) Fintech, recently announced the completion of a key step in its application for a banking license. Griffin has submitted its application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). John Weguelin, Griffin Chair, stated: “This is… Read More

UK’s Blend Network, a Specialist Development Finance Lender, Expands Regional Presence

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Following a £10 million equity funding round late last year and a period of “rapid expansion” at Blend Network, the team is now expanding their UK local and regional footprint “with the opening of a number of satellite offices across the UK regions.” In March,… Read More

Insurtech Getsafe Reaches 50K Customer Milestone, Introduces Buildings Insurance in UK

Trafalgar Square London England UK

Following its “successful” growth in the British market, Getsafe is expanding its portfolio and “introducing its digital buildings and contents home insurance product.” As noted in an update shared with CI, the new product “bears much of the DNA which has made Getsafe so popular… Read More

Group Including UK’s Capital.com and Currency.com Appoints Peter Hetherington As CEO

Cavalary of the Empire Statue Park London UK

The group including Capital.com, the trading and investing platform “leading” the UK leveraged trading industry in “client satisfaction,” announced the appointment of Peter Hetherington as its Group Chief Executive Officer. Peter will “succeed Jonathan Squires, who was Group CEO during the Group’s early growth phase.”… Read More

UK Insurtech Cuvva to Acquire Capital via Crowdfunding Campaign to Accelerate Growth of Car Sharing

British Poud Money Churchill England Insurtech

Millions of Brits hold a driving license but don’t have “access to a car,” according to an update shared with CI. The “rigid” nature and upfront cost of annual car insurance combined with continuously rising costs of running a car “prompted” car insurance provider, Cuvva… Read More

Monoova and Fintech TrueLayer to Introduce Data-enabled Payments in Australia via the Consumer Data Right

Australia

Monoova, a B2B payments solutions provider, and TrueLayer, a key player in open banking, are teaming up to harness financial and identity insights using Australia’s Consumer Data Right (CDR) “for smarter, faster, data-enabled payments in the Australian market.” The benefits of the combination of CDR… Read More

Nationwide Building Society Reportedly Stops 2,000 More Online Shopping Frauds with SCA

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New payment checks at online checkouts are “proving invaluable” as Nationwide Building Society reports it is “protecting its members from an additional 2,000 cases of online card fraud a month.” Despite the fact that some transactions now take a little longer, new research from UK’s… Read More

UK’s Clear Junction Announces Service for Open Banking Clients

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Clear Junction has announced the introduction of an e-wallet solution that will “enable open banking providers to overcome some of the challenges they face when going to market.” Clear Junction has been working on a new and improved e-wallet solution that “adds value to open… Read More

Identity Verification Provider ID-Pal Introduces Services in the UK

Digital ID Identity Identification iPhone

ID-Pal, the identity verification provider, recently revealed that it is entering the UK market after six years of steady growth across Ireland, the US and the European Union. This move has reportedly been planned due to increasing levels of identity fraud and the growing complexity… Read More

UK Fintech Digidoe Introduces BaaS Offering

London Stock Exchange City of London Wellington UK

Digidoe, the UK-headquartered Fintech firm that aims to streamline the global payments infrastructure, has introduced a fast Banking as a Service (BaaS) solution which enables businesses to launch a new virtual bank within 72 hours. The secure Cloud-powered API and white-label service opens the door… Read More

Women who Retire at Same Time as Male Partner Might Lose £225K in Pension Savings: Report

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Analysis from online pension provider, PensionBee reveals that many women could “lose out on as much as £225,000 in pension savings, should they retire at the same time as their male partner.” As men in heterosexual relationships tend to be the older partner, typically by… Read More

Former BlackRock Lawyer Shahan Jamil Joins Islamic Fintech Wahed

Cavalary of the Empire Statue Park London UK

Wahed Inc., an international Islamic Fintech firm, has announced the appointment of former BlackRock lawyer, Shahan Jamil, “as Deputy General Counsel based in London.” In this role, Shahan will be “a key contributor to the company’s legal function led by Wahed’s Chief Legal Officer and… Read More

Warning: UK FCA Tells Consumers to Watch Out for Crypto Scams, Risky Assets

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The UK Financial Conduct Authority (FCA) has posted another warning about digital assets or cryptoassets. The FCA points to “recent social media posts” promoting digital assets including NFTs. The FCA tells consumers to be ready to lose all of their money when participating in a… Read More

Digital Banking: UK’s Starling Bank Doubles Cardiff Headcount

Starling Bank

Starling Bank, the digital bank, has reportedly doubled the size of its Cardiff office and “created hundreds of new jobs as its growth continues.” 868 employees are based in the region, “a 117% increase on the bank’s original 2020 pledge to hire 400.” As mentioned… Read More

Digital Transformation: QR Code Payments Increasingly being Adopted Globally, Research Report Reveals

QR Code Fintech Insider

In the United Kingdom, the general population has become “far more accustomed to the use of QR codes, with the requirement of NHS Test and Trace check-ins in public spaces,” according to an update from Juniper Research. The report from Juniper notes that this  method… Read More

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