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SwiftScale unveils eight scaleups shaping the future of business

SwiftScale has launched its Spring ’18 programme in collaboration with Macquarie Group, the global investment banking and diversified financial services group. Over 100 decision makers and influencers from FTSE 100 and Fortune Global 500 companies assembled at Schroders’ London headquarters to hear eight fast-growth startups present innovative solutions to various …

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New Payment System Operator takes on responsibility for the Bacs and Faster Payments systems

Operational responsibility for the Bacs and Faster Payments systems, which process a combined £6.3 trillion worth of payments annually, has transferred to the New Payment System Operator (NPSO). The move ensures the continuity of operations of the UK’s main payment systems, which are relied on every day for thousands of …

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Supermoney – A new era of digital payments?

On the Thursday before Easter, in the sophisticated surroundings of ‘M’ Threadneedle Street, deep in the heart of the City, we were privileged guests to an investor event hosted by Supermoney, an ambitious UK digital payments start-up.   Supermoney is the brainchild of Joel Smalley, 47, an experienced polymath and …

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Apiax and Pushfor go live on the Temenos MarketPlace

Temenos (SIX: TEMN), the banking software company, announces the launch of Apiax and Pushfor onto Temenos MarketPlace, its platform for facilitating the exchange of value between fintech providers and financial institutions. Both firms emerged as winners from the Temenos Innovation Jam series and will be competing in the Innovation Jam final …

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Annual Fraudscape report reveals record number of identity frauds

Fraud prevention service Cifas, recently published its annual Fraudscape report, citing that there were 174,523 cases in 2017, which is the highest number of identity frauds ever recorded. The data provides one of the most comprehensive pictures of fraud and fraudulent attempts made in the UK. The global banking sector is continuously updating its defences …

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Barclays and the Law Society Launch Law-Tech Incubator to Help the UK be a Leader in the Field

Barclays launched a new law-tech incubator in partnership with the Law Society. The venture is backed by major law firms, as well as leading universities UCL and The University of Liverpool. Together, they aim to turbo-charge the UK’s law-tech sector, helping companies start up and scale up, and become international leaders …

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KAS BANK revolutionises voting rights with blockchain

KAS BANK, the specialist provider of securities services to the UK pension industry, is deploying the latest blockchain technology to transform how shareholders vote. Voteroom, a new app developed by the company’s in-house innovation lab, looks to streamline the complex voting process making it more secure, transparent and efficient than ever before. …

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Britain’s first 100 per cent ‘born in the cloud’ bank celebrates Microsoft collaboration

A challenger bank launched only last year is thought to be the first in the UK to be 100 per cent ‘born in the cloud’, it revealed at an event recently. Redwood Bank partnered with Microsoft to deliver a ‘fast and fantastic’ service to its customers and colleagues using an …

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