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Callum Williams
Callum is a financial journalist having joined SBC in February 2022. Callum graduated from Salford University in 2021 with a degree in BA Multimedia: Journalism, working on news stories and features on payments, fintech and cryptocurrency. Have a story in mind? Contact: [email protected]
Latest
London-based fintech Sokin are making the process of sending money back home for Indian migrants a lot more seamless. 
BREAKING
Asia
Time to read: min
Sokin enables global payments for Indian migrants
March 3, 2022
Post-transaction fraud platform, Chargebacks911, has announced a partnership with tech giant Microsoft in an effort to create new ways of tackling fraud. 
BREAKING
Time to read: min
Chargebacks911 and Microsoft partner to tackle fraud
March 3, 2022
Mesh introduces ‘Plug & Pay’ card for seamless transactions Payment management firm Mesh, has announced the ‘Plug & Pay’ VISA numberless payment card, designed to tie together virtual and physical cards. The new innovation is a handheld business card that uses Mesh’s virtual card technology and seeks to link customers' accounts online and in retail. The card was created in collaboration with VISA aimed to deliver more control, flexibility and security for businesses. Mesh also emphasises its aim on spend management by making the ‘Plug & Pay’ card. More critically, the card reduces security risks due to no numbers appearing on the card. This stops thieves and fraudsters from obtaining information on the card and if the card were to be compromised, the finance manager of the company can link a new virtual code to the card to be re-used in one seamless and efficient way. “We designed Plug & Pay to address the needs of finance teams who spend valuable time worrying about abuse and fraud on corporate cards,” states Oded Zehavi, CEO of Mesh Payments. “As we see further consumerization of the enterprise, more and more small and medium enterprises are embracing new technologies and experiences. With the Plug & Pay Visa card, businesses can enjoy the security a numberless physical card provides, while still benefiting from the enhanced experience of virtual cards and our spend management platform. “Working with Visa to bring this solution to the market has been incredibly rewarding, and we are proud to help deliver innovative solutions alongside them.” The card will also hope to introduce less friction within the finance department of businesses. Finance teams will have full control over the numberless card and has the right to disable, change the pin code or swap the virtual card. Veronica Fernandez, SVP North America Head at Visa Business Solutions, commented on the partnership with Mesh: “Our collaboration with Mesh on the Plug & Pay Visa card is a part of our efforts to help bring these innovations to the fast-growing market of small and medium enterprises. “The way businesses manage their spend is evolving rapidly due to new innovations and technological solutions. “We want to help our clients adapt to these changes and better serve them by enabling the enhanced experiences new technologies can provide.”
BREAKING
Time to read: min
Mesh introduces ‘Plug & Pay’ card for seamless transactions
March 3, 2022
The national scheme group for self-exclusion GAMSTOP, has revealed  a 25% rise in registrations for the first six months of last year’s findings. 
BREAKING
Time to read: min
GAMSTOP reveals ‘significant spike’ in registrations
March 2, 2022
New British support bank, GB Bank, has partnered with TruNarrative to boost customer onboarding and improve transactional risk compliance on its app. 
BREAKING
Time to read: min
GB Bank integrates TruNarrative’s customer onboarding technology
March 2, 2022
Apple has become the latest corporation to cease its operations in the Russia, confirming that its Apple Pay financial product will no longer be available in the country. 
BREAKING
Compliance
Time to read: min
Apple Pay halted in Russia as sanctions increase
March 2, 2022
The pandemic has brought about radical societal changes to how consumers purchase and sell products. There are more alternative payment methods (APMs) than ever before, the reliance on handheld cash has dwindled and businesses have had to adjust to these behaviours. 
BREAKING
Featured
Time to read: min
Mark Hartley, CEO of BankiFi: The importance of SMEs saving time post-COVID-19
March 2, 2022
BREAKING
Featured
Time to read: min
Mastercard to block ‘multiple financial institutions’ in Russia
March 1, 2022
Free-to-play platform Play Globally has partnered up with multi-sided health platform Bearn, to incentivise a rewards-based program for the former’s customers. 
BREAKING
Transactions
Time to read: min
Play Globally incentivises rewards in partnership with Bearn
March 1, 2022
Virgin Money is set to strengthen its security from scams by adopting the Contingent Reimbursement Model Code (CRM code). 
BREAKING
Time to read: min
Virgin Money tightens up security via the CRM code
February 28, 2022
Salesforce app FinDock has partnered with payment solutions platform GoCardless to offer alternative new methods of payments. 
BREAKING
Fintech
Time to read: min
FinDock set to integrate GoCardless payment processor technology
February 28, 2022
Lloyds bank is drawing out plans for a three year, £1 billion make over of its technology on its digital sites. 
BREAKING
Transactions
Time to read: min
Lloyds draws out plans to overhaul technology on digital sites
February 25, 2022
Fintech firm Airwallex has introduced its new U.S Airwallex borderless card, a virtual card which enables U.S businesses to make digital payments across the globe. 
BREAKING
Currencies
Time to read: min
Airwallex eliminates pain points for businesses with new virtual borderless cards
February 24, 2022
TSB Bank has revamped its onboarding process for customers by integrating Onfido’s face identification technology to help reduce customer friction. 
BREAKING
Transactions
Time to read: min
TSB revamps its onboarding journey to reduce customer friction
February 24, 2022
Crypto finance and mobile banking firm Hi has linked up with Contis for the launch of a crypto debit card that allows consumers to use their digital assets. 
BREAKING
Cryptocurrencies
Time to read: min
Hi collaborates with Contis on crypto debit card
February 24, 2022
American finance company SoFi has acquired digital banking platform Technisys in a deal worth up to $1.1 billion. 
BREAKING
North America
Time to read: min
SoFi agrees deal to buy Technisys for $1.1 billion
February 24, 2022