Five key FinOps considerations

The success of your business relies heavily on making informed financial decisions. While it may seem daunting – gathering all of the data, plotting, and planning – identifying potential risks and addressing them early on can save you from costly troubles down the road.

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DA or AR? How to choose when preparing for FCA authorisation

When it comes to FCA authorisation, fintechs in the UK face a critical decision - whether to pursue the direct authorisation (DA) or the appointed representative (AR) route. This article will help you understand where each route fits, so you can make an informed decision as you navigate the path to authorisation. Weighing the advantages and disadvantages of DA and AR will help you decide which route is most suitable for your startup.

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What is transaction monitoring and how does it benefit fintechs?

Transaction monitoring is one of the most important tools for ensuring the security and integrity of transactions. By closely scrutinising customers' transactions – deposits, withdrawals, and transfers – organisations can identify suspicious activities, such as money laundering. But how does transaction monitoring work in the context of Fintech? We'll dive into the concept of transaction monitoring, its significance in the industry, and some real-world examples of its implementation.

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Your guide to cross-border payments

Cross-border payments are a growing area of opportunity for fintechs. As the global economy becomes increasingly interconnected, businesses and individuals are looking for more efficient and cost-effective ways to send money overseas. This bite-size guide provides an overview of cross-border payments, the benefits and drawbacks, and the different types of payment methods available.

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How fintechs can battle synthetic identity fraud?

Synthetic identity fraud is a system issue that is causing havoc in the financial sector. It’s an issue that not only affects fintechs, but traditional banks, merchant providers, and consumers. In fact, in the United States, synthetic identity fraud costs banks $6-billion.

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Virtual accounts: the quick facts and need-to-knows

We recently published a three-part series (part 1, part 2, part 3) explaining everything you need to know about virtual bank accounts. However, we decided to write this fourth bonus piece to summarise some of the highlights of virtual accounts. Here's almost everything you need to know about virtual accounts, but we recommend you read all three of the previous articles for the full picture of virtual accounts.

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Explaining chargeback fraud and how to prevent it

Setting up a card program is more difficult than you might imagine. Besides finding an issuer of digital and physical cards, you need to have a firm grasp on chargeback fraud. This article will explain chargeback fraud so that it is easier to understand. It covers the intricacies of chargebacks and provides strategies to build a successful approach towards managing them.

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A guide to AML for fintechs

As fintechs continue to innovate and transform the financial industry, they also become vulnerable to money laundering and other financial crimes. That's why Anti-Money Laundering regulations exist to ensure the sector's stability and safety. In this article, we will delve into the basics of Anti-money laundering and discuss how businesses can stay compliant with the regulations.

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What you need to know about Account-to-Account (A2A) payments?

Account-to-account (A2A) methods offer fast, secure and low-cost money transfers between bank accounts, without an intermediary. There are no credit cards or third-party processors required. But what exactly are they? In this article, we'll explain everything you need to know about this innovative payment solution.

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