Author: TMC Admin

Financial organisations are only ever one decision away from a completely different outcome, and so must rely on a superior ability to react and allocate their resources according. However, the practicality of this is that too often it can be difficult to determine exactly what the most attractive next step is. Ajay Khanna As has…

The Fintech Times Bi-Weekly News Roundup on Thursday. Job moves GoCardless, the payments firm, has appointed former Mastercard executive Paul Stoddart in a newly-formed role of president. His missions is to accelerate growth while helping the company’s ambition to become the world’s bank payment network. It also plans to release its Variable Recurring Payment feature…

Website owners are inadvertently enabling click fraud, a sophisticated internet crime targeting online advertisers. Although unintentional, doing so is placing owners at risk of being banned by advertising networks, and may even land them with a criminal prosecution. Click fraud is when cybercriminals masquerade as legitimate website owners to trick advertising networks into allowing them…

Oxylabs, the proxy and public web data acquisition solution provider enabling companies of all sizes to utilise the power of big data, has published a whitepaper, Alternative Data Unlocks Key Decisions in the UK & US Finance Industries, finding almost three-quarters (71 per cent) of financial services organisations are now using web scraping to gather…

In 2006, the social media platform Twitter was created by Jack Dorsey, Biz Stone, Evan Williams and Noah Grass. Sixteen years later, the CEO of Tesla, Elon Musk has agreed to purchase the platform for $54.20 a share ($44billion in total) as the world’s richest man went from disclosing his initial stake in the company…

The Seychelles-based cryptocurrency platform OKX has entered into a major multi-year partnership with McLaren Racing, and will become the official primary partner of the McLaren Formula One team and McLaren Shadow esports team from this year. OKX will be the largest partner to McLaren Racing, the home to one of the most successful Formula One…

In iwoca’s latest SME Expert Index, 30 per cent of brokers believed the small business lending market had already returned to pre-pandemic levels of activity. Nearly another third (31 per cent) believe the market will return within six months, based on the number of loan requests they had each month before the pandemic. Only 10…

As digital tools and automation replace manual processes and approvals, and accounts payable (AP) departments go remote, the time to process an invoice has significantly dropped. Compared to 2020, non-purchase order (non-PO) invoice cycles reduced by seven per cent from 7.2 days to 6.6. Non-PO invoices typically cover miscellaneous expenses, like travel costs, society dues…