Today Finch Capital, financial technology venture capital firm, announced that it has led the Series A investments for two companies: an investment in Ayopop, an Indonesian mobile bill payment platform and a €2 million investment in Ikbenfrits, a digital mortgage broker based in the Netherlands Finch Capital will join both companies’ boards.Read more
Albert is the the first UK finance app for freelancers, to pass a whopping 1,000 five-star ratings in the Apple App Store – currently making it the UK’s Highest Rated Business Finance App. “A free app with no catches and actually a brilliant product – does that even happen anymore?” says a user on one of their many app store reviews. Albert clearly has a huge army of loyal users, who eagerly and regularly contribute their feedback and requests via Albert’s customer support channel. This feeds into a voting system that ultimately informs the way the app is built and developed.
It’s safe to say, this user-centred approach and its appreciation by Albert’s users hasn’t gone unnoticed by Apple, who featured Albert on the app store homepage this month in the ‘Life Hack: Work Anywhere’ category, beside several other superbly successful apps you may have heard of, such as Slack and Mailchimp.
With the launch of Albert’s most recent, innovative Expenses update, it has expanded some of its unique user experience. The app now allows people to file their expenses and invoices alongside one another, from the same handy access point; which are then stored side by side in the same, single To-Do List. This ‘All-In-One’ mindset, also seems to have informed other aspects of the workflow, making it a much smoother experience to record one’s expenses. Dan Bruce, Albert’s co-founder says, “Rather than having to switch between screens, we’ve created a newer, smarter design whereby you can zoom in on your receipt image to better view its details whilst logging it; and then also remain in view mode, whilst you select an expense category.” It’s taking the time to think about these kinds of extra details, which may go unnoticed on an everyday basis, but make all the difference to users in the long run.
Ivo Weevers, Albert’s other co-founder concludes: “It’s crazy that most self-employed people still don’t feel comfortable with their daily finances. These are basic aspects of our lives that are supposed to be easy and manageable. The whole Albert team is working extremely hard to solve this for freelancers across the world; and we’re very proud of the fact that our users, and others, seem to recognise that too.”
To find out more or download the app, visit www.getalbert.com
The post Albert has had an eventful November with over 1,000 five-star ratings, a feature by Apple and a new Expenses addition to the app. appeared first on The Fintech Times.Read more
Need for digital KYC has compelled one of the pioneers in the payment processing industry to join hands with Shufti Pro® for an improved credibility experience through their digital identity verification services
BATH, United Kingdom – October, 2017 – Shufti Pro®, the Software as a Service, has collaborated with EPP System® to provide authentic and seamless digital identity verification services. They aim to verify new customers at every carrier level between bank-to-bank payment transfers. Banks provide a fixed budget to the PSPs, who then equally distribute the budget between their voluminous retailers. Those resellers then provide services to the merchants, completing the chain.
EPP System® works to endow their customers with safe and secure monetary transactions between banks. They have opted Shufti Pro’s e-KYC services to integrate at each carrier level mentioned above. Every step is separately tested for fraudulent consumers so no discrepancy disrupts the transfer processes. Online money exchanges are usually card-not-present transactions, so work is made easy for the fraudsters. Therefore, a certified system was definitely needed to make sure the customer is present with their own government-issued identity documents. EPP System will now be able to confirm the 3-dimensional presence of the user through Shufti Pro’s real-time video verification. The originality of the legal documents is also examined using intelligent verification system.
CEO, Shufti Pro® said:
“Our goal is to provide Electronic Payment Services to our rather sizeable number of customers. Opting for Shufti Pro’s digital ID verification services has allowed us realize our aim in a secure, accurate and efficient manner. We’re extremely proud to present our customers with quick, real-time verification services so they can enjoy the fast and effective experience seamlessly.”
Shufti Pro aims to make the digital markets secure so all high-risk transactions can be performed without the added apprehension of fraudsters and swindle connections. The rising star in the digital KYC and online identity verification services aims to get established as a symbol of the clients’ go-to service when in need. The successful integration of artificial and human intelligence has not only raised security protocols’ standards, rather have managed to attract more traffic to the SaaS owing to greater client satisfaction. Likely, Shufti Pro’s days in the sun have just begun now that they have EPP Systems as their on-board clients.
The post EPP System® | Electronic Payment Processes takes up Shufti Pro® appeared first on The Fintech Times.
Monese, the provider of instant mobile current accounts, has revealed new figures that show strong growth as the company nears £1Bn worth of annual transactions, following its Eurozone account launch in September.Read more