[ad_1] Every Wednesday, we delve into the latest fintech updates from across the UK. This week brings updates from Investing Reviews, Chetwood Financial, Moneyhub, Payhawk and LendingMetrics.‘Savings account’ and ‘mortgage help’ searches see a dramatic uptake Financial reviewing platform Investing Reviews has revealed that searches for ‘savings account’ increased by around 10 times the average in …

[ad_1] Orange and the German Development Cooperation have continued to train young people in the application of digital technology with the inauguration of its Orange Digital Centre in Liberia’s capital Monrovia.Following in the footsteps of Tunisia, Senegal, Ethiopia, Mali, Ivory Coast, Cameroon, Egypt, Jordan, Madagascar and Morocco, the Liberia Centre is the eleventh Orange Digital …

[ad_1] Elliptic, the cryptoasset risk management company, has published research revealing that criminals have used DeFi exchanges (DEXs), cross-chain bridges, and ‘coin swap’ services to obfuscate more than $4billion-worth of illicit crypto proceeds.Some of the most prolific perpetrators include hackers, dark web markets, illicit virtual asset services, ponzi schemes and ransomware providers.These findings highlight the …

[ad_1] The Payments Innovation Jury released its 2022 global report titled: ‘Payment Innovation: Myths and Realities’, which reveals some surprising insights from senior decision-makers across the industry. The 2022 report explores several key areas where payment innovation is currently focused, including A2A payments and BNPL, what actually drives innovation, and which areas of innovation are …

[ad_1] The North American market for fintech-as-a-service (FaaS) has been forecast to witness market growth of 16.3 per cent CAGR within the next six years; new market research indicates.  FaaS allows any company to embed any type of financial service into its current offering, including products, services and applications, by connecting to fintech APIs.The findings of …

[ad_1] Arab Jordan Investment Bank (AJIB) has turned to Codebase Technologies, an open API banking solutions provider, to offer digital onboarding for Jordanians. Leveraging Codebase Technologies’ Digibanc platform, AJIB plans to launch an innovative digital customer  onboarding experience that will incorporate eKYC, ID scanning and customer liveness checks in AJIB’s existing mobile banking app, core …

[ad_1] Consumers across the UK are turning to their banks for financial assistance amid the crushing cost of living crisis; new CRIF research finds. The report published by CRIF surveyed consumers in countries across the continent including France, the Czech Republic, Italy, Germany, Slovakia and the UK, to better gauge general attitudes towards financial services and …

[ad_1] Embedded finance firm Inswitch has teamed up with Mastercard to design and deliver digital payment solutions and issuing programmes starting with selected countries across Latin America.Inswitch will begin issuing cards as a Mastercard principal member in Mexico, with plans to expand quickly to other regions in the future.“Now our clients can issue branded cards …

[ad_1] UK lenders are not making the use of new technologies to ensure fairer, better lending processes, research has revealed. European open banking platform Tink has called on lenders to prioritise upgrading creditworthiness assessment models to ensure more accurate decisions.According to Tink, traditional lending models are ‘broken’ and no longer fit for purpose especially at …

[ad_1] The Dubai Metaverse Assembly will make a return in 2023 after this year’s flagship event welcomed over 600 experts from the tech industry, witnessed 25 main and side sessions and hosted 30 speakers and 40 tech companies.The two-day event is the first event following the approval of the Dubai Metaverse Strategy by His Highness Sheikh …

[ad_1] PayU, the online payment service provider operating in 50+ emerging markets, has announced the results of its US survey which reveals a big opportunity for international merchants to capitalise on US consumer demand not being met domestically.The survey found that almost half (48 per cent) of Americans who have bought online from retailers based …

[ad_1] Oxbury Bank has launched a new initiative to provide funding and business advice to young farmers who are being held back by a lack of finance and access to expert support from traditional banks.The UK agtech bank’s latest product, Oxbury NewGen – Funding Future Farmers, will seek to tear down the barriers, financial or otherwise, …

[ad_1] No man is an island when it comes to fintech, and in the pursuit of a better world driven by better financial services, it’s clear that standing together means progressing together. This September at The Fintech Times, we’ll be delving into every corner of what it means to be a fintech ecosystem. We’ve dedicated the …

[ad_1] Sumsub, a tech company fighting digital fraud and helping businesses stay fully compliant, is launching a KYT solution for fast and effective transaction monitoring tailored to customers’ specific needs. With this new product, Sumsub can offer clients a full-cycle identity verification platform with orchestration capabilities, ensuring trust along the whole user journey.Know-your-transaction (KYT), also …