Tag: PayTech

dopay collects $18m in its Series A funding round

dopay, a B2B2C payments platform aimed at unbanked workers, has scored $18m in its Series A, as it capitalises on rising demand for cashless payroll.

Zūm Rails unveils new anti-fraud tools to strengthen payment security

Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.

Rogue mobile banking app presence records 140% year-on-year hike

A report by Outseer has found the presence of rogue mobile banking apps increased 140% compared to the same time in 2020.

PayTech Sokin joins Arsenal Football Club as money transfer partner

UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.

Late payments can create dangerous ‘domino effect’ across entire supply chain

A recent survey conducted by PayTech firm GoCardless found 86% of respondents agreed that one late payment can impact everyone in the supply chain.

Fluency scores $1.3m in seed funding to grow CBDC blockchain platform

Blockchain start-up Fluency has reeled in $1.3m in seed funding from various unnamed European investors, giving the company a total valuation of $23.5m.

Adflex partners with Signifyd to bolster payment security checks

Business-to-business payments specialist Adflex has teamed with fraud protection company Signifyd to strengthen security checks for its merchant customers.

Whitepaper finds almost half of UK consumers have confusion about open...

A whitepaper by payment service provider Ecommpay has found 48% of all UK consumers have some level of confusion regarding open banking and its uses.

FinTech startup Point snares $46.5m in Peter Thiel-backed Series B

Reward-based debit card startup Point has closed a $46.5m Series B funding round that was led by the Peter Thiel-owned Valar Ventures.

EPA calls for greater digital identity push in light of growing...

A whitepaper by the Emerging Payments Association (EPA) has detailed that a stronger focus on digital identity could help combat soaring cases of financial crime.

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