Fintech Firm Paysafe Attempts Expansion in Argentina Again

If at first you don’t succeed, try again. London-based payments platform Paysafe has unveiled its expansion plans in Argentina with its e-cash solution paysafecard. The move follows Paysafe’s recent acquisitions of Latin America-based payments companies PagoEfectivo and SafetyPay. According to Paysafe, paysafecard had previously exited Argentina in 2019 due to regulations...

Arctic Wolf, Multiverse and PassFort Pick Up Tech Deals

There’s some animal magic going around with Arctic Wolf, Multiverse and PassFort getting (or extending) some tech deals. It’s a match made in heaven as Arctic Wolf has announced an extension to the global cybersecurity partnership signed in March with Premier League football club Wolverhampton Wanderers. Jaguar Land Rover is working...

Learnings from the South Staffordshire Water Cyberattack

In another attack on critical national infrastructure (CNI), a third party was able to access South Staffordshire Water’s corporate IT network without authorisation. South Staffordshire Water confirmed that it had fallen victim to a cyberattack in a statement on 15 August, claiming that hackers had accessed its IT network. Fortunately,...

Myth-Busting ‘Plug and Play’ Banking Claims

If you asked anyone to name an industry that’s slow to change, there’s a good chance you’d get banking as a response - and not without reason! Banking technology has long been a hugely complex, cumbersome area. Traditional banks’ stacks are largely still legacy systems dating back to the 80s...

Edtech Dev Clever Reports £2.5m Pretax Loss

Tamworth-based edtech company Dev Clever Holdings has revealed a loss before tax of £2.54 million, but with total revenue up 486% to £7.36 million. Dev Clever offers an SaaS-based platform for careers education for young people. It works with various employers, who may face “competitive recruitment challenges”. Partners listed on...

Winn Group Invests in Low-Code Firm Toca

Sing when you’re Winn-ing. Personal injury company Winn Group has invested in low-code enterprise development solution provider Toca.  There are no financial details about the deal, but Newcastle-based Winn Group says the move enables it to take ownership of developing new technology solutions internally. The idea is to relieve its...

Why Every Company Needs a Digital Board

Digital boards are not a consideration for most companies. For many, a digital leader, sometimes attached to the company board, represents the full extent of a business’s digital advisory investment. However, times are changing, and businesses must change with them to remain competitive. In the last two decades, we’ve seen...

GB Bank Gets UK Banking Licence

Middlesbrough-headquartered GB Bank has officially launched after receiving its full UK banking licence. As reported last year, GB Bank grabbed a restricted banking licence for its plans in the property sector. With the full licence, banking matters have now moved up a gear. Paul Rippon, Chairman of GB Bank, says: “GB...

Lloyds Bank Makes UK’s ‘First’ Digital Promissory Note Purchase

Things are looking promising as Lloyds Bank has completed the UK's “first” transaction using a digital promissory note purchase.  Under legal guidance, Lloyds developed a digital promissory note – a solution that works within contract law and uses the International Trade and Forfaiting Association’s (ITFA) dDOC specifications, under the Digital...

Cloud Companies to Watch in the UK

Internet-based software and services fuel the business processes of many organisations within the UK and globally. Cloud solutions provide these users with resources, programs and data storage solutions that they can easily access remotely through the internet. Cloud solutions can serve various purposes, and many cloud companies in the UK...