Can new payments technology and regulations that streamline data-sharing help financial decision-makers solve their toughest challenges? There’s no shortage of worries. In the 2019 Business Payments Barometer, they expressed concern about
Despite UK government efforts to increase penalties on firms who fail to pay suppliers on time, the impact on small businesses is increasing, agree industry advocates and a market participant.
A recent survey states 92% of financial decision-makers have admitted to paying their suppliers late, but there are tech solutions to some of these issues – and it’s about time
Following on from the IPSOS/Bottomline fourth annual Business Payments Barometer, a panel of experts, drawn from two representative bodies and the banking and technology sectors, was summoned to delve deeper into
Anyone who ever doubted the legitimacy of the old phrase ‘a week is a long time in politics’ will likely be carefully reconsidering their views. Britain has a new Prime
On the 4 July 2019, the FCA released a ‘Dear CEO’ letter that addressed both the positive and negative practices of non-bank Payment Service Providers (“PSPs”) as they seek to
Back in October last year, fscom director Alison Donnelly wrote a blog on the FCA’s consultation on new rules for payment and e-money institutions. As explained in that blog, due to FCA concern with how some e-money and payment institutions
Learn some highly practical tips for identifying the operational and security risks faced by your organisation. Sign up here today. https://hubs.ly/H0jDSbT0
Whether you want to enhance your compliance skills, refresh your knowledge, or network with those doing the same job as you, fscom’s Regbites are for you! Read more here.
Whether you want to enhance your compliance skills, refresh your knowledge, or network with those doing the same job as you, fscom’s Regbites are for you! Read more here.
The volume of enquiries the author’s firm has received relating to Brexit planning and, in particular, the need to plan for the potential loss of the EU “passport”, demonstrates a
Following the recent letter issued by the FCA to e-Money and Payment Service Providers, Cashfac has partnered with fscom, one of the leading compliance firms for the regulated sector in
Moving between banking providers has never been easier – nor have customers had more choice, as the Current Account Switch Service adds its 49th participant. The pioneering service designed to
Don’t miss out on his expert insights – give it a read here!
Paybase Head of Marketing Jessy Conflon, shared her insights in the Publicize’s piece on Finding Your Fintech’s Flair: Industry Leaders Share Their Tips For Branding Success. Jessy shares her thoughts on
The piece was published in Bob’s Guide and is available here.
Business bank account switching more than doubles in comparison to the same period last year Over 5.9 million switches since the launch of the Current Account Switch Service 246,974 switches
Registrations for the third annual TranzAxis User Group, TXUG 2019, are now open. TXUG 2019, organised by Compass Plus, will bring together TranzAxis customers, prospects and partners and will be held 24-25
Research by UK Finance suggests that despite debit card payments overtaking cash payments, cash still remains the second most frequently used payment method in the UK. The research shows that
The Philippines remains a mainly cash-based society, however efforts from the Philippine government and the Bangko Sentral ng Pilipinas (BSP), the country’s central bank, mean that cash is being challenged
Back in 1967, the world’s first ATM was opened to the public. The machine was set up at Barclays bank branch in North London. From that point in time, people
The banking industry is saturated with buzz words and all banks need to be seen to be advocates of these words, whether it’s open banking and PSD2, or agile work
According to Mastercard, the wearable technology market will reach the €30bn mark next year as wearables become more mainstream – with one in five adults already wearing a smartwatch or fitness
With fraudsters looking for fresh ways to exploit consumers as the adoption of digital payments continues to increase globally, The European Fraud Report has revealed that Denmark has been named
This July, system administrators and their colleagues around the world will be celebrating the 20th Annual System Administrator Appreciation Day – an event created to show appreciation for the hard work
With Brexit uncertainty apparently discouraging startups from setting up in London and Fintech markets flourishing across Europe and beyond, the UK must embrace Open Banking if it wants to retain
Having to comply with regulation can be frustrating for fintechs who want to ‘move fast and break things’, especially when it comes to creating great customer experiences. However, UX and
Financial services has it harder than most sectors when it comes to onboarding. With 54% of customers abandoning online forms, you need to do all you can to keep them
Poor identity verification processes can present all kinds of problems – frustrating candidate and user experience, onboarding issues, fraud and more. If you want to fix your ID verification process,
On the face of it, forgery and counterfeit are synonyms for fake – but they’re not actually the same thing, especially when you’re talking about falsified identity documents. Here’s a
N26 is officially live in the US! Starting today, we’ll be sending invites via email to those of you on our waitlist to start using @N26US beta. Haven’t signed up yet? What
London, UK – 17 July 2019 – Bankable, the global architect of digital banking and payment solutions, is delighted to announce that 10 weeks following the beginning of its partnership with
The second annual PayTech Awards took place on 5 July 2019 at the Honourable Artillery Company (HAC), a unique historic venue in the heart of London Read more here.
Augmented Vision supports security officers in identifying persons of interest in real-time, and helps speed up post-event investigations. This latest cutting-edge technology from IDEMIA will enhance security in transport hubs (airports,
Pay.UK was formed in 2017 and has brought together Bacs, Faster Payments, Cheque and Credit Clearing and UK Payments Administration. Pay.UK owns, manages and operates the products and services that
Partnerships with StuRents and Mashroom enable instant rental payments, simplify affordability checks and lower costs 22 July 2019, Turnkey open banking platform provider, Token.io, today announces partnerships with two of
Simon Eacott, Head of Payments Innovation and Business Development, NatWest, speaks at EBADay 2019 about the main drivers behind the digital economy, the importance of data for messaging and identity
Starling Bank is opening up its business banking accounts to larger SMEs, as competition in the market intensifies. More on this story
New data from the UK’s Link ATM network shows an ongoing decline in the use of cash machines for withdrawing money and checking balances, as contactless cards and mobile banking
40% of shoppers say just one bad experience would stop them returning to a brand 76% of retailers say they have to work harder than ever to retain customers But,
FinTechWales launched in April 2019 with the initial direction provided by Richard Theo, the HM Treasury’s FinTech Envoy for Wales. The idea behind FinTechWales is to provide an independent voice for the
Another successful face to face client workshop comes to an end. An opportunity to connect with a select number of our key clients your customers – not only were they
TypingDNA partners with XTN Cognitive Security to help banking organizations defend against increasingly sophisticated fraud threats. Typing DNA proprietary typing biometrics technology will be integrated with our behavioural fraud prevention solution enabling passive recognition of users by
If your CEO sends you an email asking you to make an urgent payment, would you be suspicious about it? Maybe not, but you should because the sender may not
UK-based companies paying employees in other countries must navigate a complicated web of banking procedures, compliance processes and tax systems. There is no one-size-fits-all approach, warns EQGlobal’s Faaria Choudhary. Read
K Ring is featured alongside iZettle and ApplePay as part of the Bank of England celebrations of the past 325 years from cash to cashless. Founder of K Wearables, Phil
The clock is ticking on Strong Customer Authentication. Checkout.com recently hosted a seminar on SCA preparedness. Here’s a recap of the regulation and how Checkout.com can get you SCA-ready with
London, Monday 29th July 2019: Starling Bank, a leading digital banking platform, has partnered with SumUp, Europe’s leading mobile point of sale company, to provide small merchants with access to faster
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