UK antitrust regulators give Visa’s fintech acquisition a green light
The United Kingdom Competition and Markets Authority, has given the go-ahead to Visa’s acquisition of fintech startup Plaid.
Coronavirus will accelerate the fintech revolution
COVID-19 will greatly accelerate the so-called “fintech revolution”, encouraging many more consumers and businesses to use digital solutions.
How to manage all your payments messaging with one system
PaymentComponents have a solution that allows banks to manage all payments messaging within the same system.
Launchnodes helps to support the launch of Professional Services in AWS Marketplace
Launchnodes announced today that it is participating in the launch of Professional Services in AWS Marketplace.
London Fintech Updraft raises £16m to help people break up with their credit cards
Consumers will pay over £10b in fees and interests for overdraft and credit cards in 2020 alone. Updraft wants to reduce that amount.
Trade Ledger platform selected by Bibby Financial Services to drive funding automation
BFS will leverage the Trade Ledger platform to enhance functionality and enable greater control for businesses seeking funding.
The Carlyle Group to acquire Calastone
Calastone announce that The Carlyle Group has reached an agreement to acquire a majority stake in the business from its current shareholders.
Glasgow in sights of fintech aiming to disrupt lending market
A fintech start-up founded by a Glaswegian entrepreneur is aiming to disrupt the lending market with a “totally new and fair approach” – and set to roll out low-cost loans for public sector workers in locations including Glasgow. Salad Money, founded by Debt Hacker campaigner Alan Campbell, is looking to “smash the monopoly” of credit reference agencies and tap into open banking and artificial intelligence. The company, which says it is the first open banking powered lender, said it is opening up affordable credit to 85 per cent of applicants who were previously excluded from credit or paying sky-high annual rates. Salad Money said its “revolutionary” new method of credit […]
