FinTech Intel

AI-Powered industrialisation of identity fraud expands, with synthetic selfies bypassing traditional verification systems. Dan Yerushalmi, chief executive officer of AU10TIX, said: “While companies are using AI to bolster security, criminals are weaponising the same technology to create synthetic selfies and fake documents, making detection almost impossible.” Read more: https://lnkd.in/exjQD2sg

FINTECH Circle and Started PR announce new strategic partnership. “By bridging the gap between investors and founders, we can help continue to foster innovation, disrupt traditional financial institutions, and operate in a more inclusive manner,” said Kimberley Waldron (Fintech PR), founder and managing director at Started PR. Read more: https://lnkd.in/eYWmEYw4

Fintel Connect launches Fintel Check for BaaS; the new automated tool empowers BaaS banks with cost-effective solutions for monitoring fintech partners' marketing compliance. “We are proud to introduce Fintel Check to the BaaS community,” said Nicky Senyard, chief executive officer at Fintel Connect. “We recognise the unique challenges BaaS banks face, so we developed a flexible, value-driven solution that caters to both emerging BaaS banks and those with more established operations.” Read more: https://lnkd.in/e4FyHmJ6

The event ends with a fascinating panel all about scaling - what to do, and how to avoid costly mistakes! FinTech North #FTNLFF24

"I know a little about scaling, I've been investing in companies for 9 years." Leonard Burger of Lenvi.

"People are worried about the budget and the results of the American election. We're living in very challenging, very competitive times." Pete Evans of Ventas Sales.

The day kicks off with welcome remarks from Joe Roche of FinTech North, praising Leeds for having branches of the Bank of England and FCA, as well as being the only city outside London containing the major CRAs.

Today the team is at Platform Leeds for the FinTech North Leeds Fintech Forum! Really looking forward to a day of expert insights from some fascinating speakers.

Kueski reaches 20 million loans disbursed. Andrew Seiz, senior vice president of finance at Kueski, said: “As Mexico’s favourite way to pay, we are committed to innovating for consumers and merchants alike. This achievement marks an important step in fostering financial inclusion and supporting economic growth as we connect consumers to the formal economy and help build a stronger financial future for Mexico.” Read more: https://lnkd.in/e7zGz4jz

Elevated dispute management: the key to achieving top of wallet status? A guest editorial by Fatemeh Nikayin, PhD, co-founder and chief growth officer at Rivero: https://lnkd.in/ecJp5TmU