Fintech makes the world go around:

August, 2019

August 29, 2019  1:06 PM

Cross border payments fintech Azimo makes first profit

KarlFl40 Profile: KarlFl40

Cross border money transfer firm Azimo has made its first profit and set its sights on expansion in Asia. Set up in 2012 Azimo enables people to make cross border transactions in seconds via a smart phone app at a considerably lower cost than traditional high...

August 22, 2019  1:06 PM

UK businesses at risk due to PSD2 security standard myths re-emerging

KarlFl40 Profile: KarlFl40

I have been on a bit of a roll this week when it comes to the security around PSD2. The announcement that the FCA was given permission to give extensions to...

August 21, 2019  12:32 PM

Mid-life crisis was the trigger for Funding Options’ fintech dating platform: Fintech interview 26

KarlFl40 Profile: KarlFl40

Funding Options is a fintech that started out with the aim of being like a MoneySuperMarket for business lending said Conrad Ford, CEO and founder, at the company. It later became more like a dating site, he added. Ford had spent most of his...

August 21, 2019  10:08 AM

Still work to be done securing Open Banking as PSD2 deadline looms

KarlFl40 Profile: KarlFl40

I blogged yesterday about a conversation I had with an anti fraud expert about PSD2/open banking security. This post was focussed on the risks that human behaviour combined with the opening up of banking could increase the risks of social engineering from fraudsters.

August 20, 2019  11:51 AM

PSD2 creates more potential entry points for fraudsters

KarlFl40 Profile: KarlFl40

I had a conversation with a financial fraud expert at BAE Systems recently about some of the security risks being created by the PSD2 regulations. You can put all the security technology under the sun in place but human fallibilities, which PSD2 might inadvertently increase, will undo them...

August 1, 2019  8:56 AM

FutureBricks is helping an industry lay foundations: Fintech interview 25

KarlFl40 Profile: KarlFl40

FutureBricks is a tech startup that enables people to invest savings in housing projects, which offer high interest and are secured against properties, while making money available to small building companies. It is solving three problems in the UK...

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