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Latest news

Cushon raises £26m to acquire master trust

Augmentum Fintech led the fundraising, which will enable the workplace savings fintech to buy another master trust, following its acquisition of Salvus Master Trust in 2020.

Insight: Preventing payment fraud

Emma Lovell, CEO of the Lending Standards Board, writes about the increased risk of APP scams and what the industry can do to protect consumers.

Funding Circle partners Atom to lend £300m to SMEs

The lending partnership will deploy new funding to around 4,000 small businesses and follows announcement that Funding Circle has been accredited under the British Business Bank’s Recovery Loan Scheme.

XFW21 to focus on customers and society

This year Amsterdam FinTech Week will be run as an online-only event, with special guests including Jan Ceyssens of the European Commission and De Nederlandsche Bank’s Steven Maijoor.

Railsbank hires general manager for Australia

Ben Smith, who joins from WorldFirst, will focus on the strategic development of products and operations in the Australian market

Banco Santander selects Raidiam for Open Banking

The UK fintech has been chosen to accelerate Banco Santander’s Open Banking programme.

Tink teams up with Wealthify

The partnership, which is already live, will provide users of Wealthify’s app with ‘seamless’ payment initiation services.

SME lending ‘not in a liquidity crisis’

As government-backed support in the form of CBILS and BBLS come to an end, Open Banking Expo brought together a panel of commercial lenders to discuss the future of SME lending.

Fintech Week London returns in July

The five-day hybrid event will gather senior decision makers from high street banks and fintechs to discuss global themes including banking as a service and financial inclusion, with keynote speaker Ron Kalifa.

Irfan Khan becomes CEO of mmob

Khan will lead the new open finance partnership platform, which he co-founded in 2020.