Middle and Back Office Solutions Insights
4th March 2021
Hopes of detailed spending plans for fintech were dashed when Chancellor Rishi Sunak failed to specifically mention the sector in his Budget speech on March 3.
Luke Hamm, CEO of R&D tax specialists GovGrant said in a statement that the government had “fallen short” of expectations.
“Fintech is one of the crucial sectors... read more
2nd March 2021
These days, there are three main software delivery models on the market: out the box, off-premises, and on-premises.
In the out of the box delivery model, the user buys a disk containing a software distribution kit and installs it. Simple as it may seem, the main disadvantages of the model are: the need for a machine that’s powerful... read more
2nd March 2021
Reaction to the long-awaited Kalifa Review of UK Fintech by the fintech community has been broadly positive. But the industry’s attention now turns to the UK government and how it will implement the raft of recommendations made in the report.
Published on February 26, on the eve of the Budget, the Kalifa Review sets out five key areas... read more
9th February 2021
On January 12 Challenger Revolut launched confirmation of Payee with Modulr as part of its latest anti-fraud security feature. This comes after it announced it had applied to the FCA for a banking licence the day before.
Payments provider Mastercard, on January 18, announced it had joined forces with FrenchSys to enhance and speed up the... read more
3rd February 2021
Global inflows into sustainable funds were up 88 percent in Q4 2020 to $152.3bn compared with the same period in 2019, with Europe continuing to dominate the space, accounting for 80 percent of these inflows, while the US took in 13.4 percent, up slightly from 12 percent in the last quarter, according to a recent report by Morningstar.
But while... read more
29th January 2021
Forty-one percent of authorised push payment (APP) scams have been reimbursed since the introduction of the Contingent Reimbursement Model (CRM) but “there is more to do”, according to the Lending Standards Board (LSB).
The self-regulatory body published its review into the voluntary code following an industry wide consultation... read more
11th January 2021
This is not a regular time - and, as Robert Frost said, "the best way out is always through”. Even now, insurers are following the path of technological progress, trying to keep up with the market. Many actions have already been taken, key trends are being implemented by the industry, so will 2021 bring about significant changes? Or can... read more
6th January 2021
It is set to be a transformative year for payments say those in the industry. The pandemic will continue to have a huge impact, particularly in digital payments and open banking.
While digital payments have grown over the past few years, they became an essential, as merchants and consumers reacted to the crisis. According to Visa, 77... read more
21st December 2020
Starling Bank’s latest partnership is a “completely different vertical for us”, says Gareth Towler the bank’s marketplace product analyst.
The challenger bank recently added PayPal’s iZettle to its Business Marketplace as part of its new strategy for deeper integrations.
“From a marketplace perspective,... read more