Pay UK sunsets Paym mobile payments
Pay UK, the payments operator and standards organisation for the retail interbank payment systems in the UK has announced that the Paym mobile payments service will close permanently on 7 March 2023. Launched in 2014 and used by 15 of the UK’s leading banks and building societies Paym enables users to make payments by using […]
New £50m cyber academy to benefit UK-US relationship
A new £50m UK centre will support the training of world-class cyber experts, both domestically and internationally, Defence Secretary Ben Wallace has announced. Based in Shrivenham, Oxfordshire, the academy will build on the success of the UK’s Defence Cyber School, and will develop sovereign and international courses and support – launching in 2022. The academy […]
Mastek supports NHSD to achieve “high fidelity”
Mastek has won a £20m, four-year contract with NHS Digital supporting its Data Services Alliance – Collections programme. The aim of the transformation programme is to give NHS Digital customers improved and secure access to data. As the national information and technology partner for the UK health and care system, NHS Digital must harness the […]
All change at the top for TPXimpact
A significant update out this morning from Public Sector focused IT Services provider TPXimpact, reveals trading for the first half of the year to be below expectations as the company simultaneously progresses ambitious growth plans and a complex integration. Consequently, founders CEO Neal Gandhi and CFO Oliver Rigby have decided to step down from their current […]
Falanx doubles down on Cybersecurity
AIM listed cyber security provider Falanx Group (FLX) has posted strong results for FY22 as the company doubled down on its cybersecurity business following the divestment of its business intelligence division. FY22 revenue (to 31 March 2022) was £3.54m, an increase of 14% YoY. Gross margin increased to 41% (2021: 33%) following the rationalisation of […]
Doccla secures £15m Series A investment
Virtual ward start-up Doccla has closed a £15m Series A funding round led by General Catalyst, with participation from Giant Ventures, Speedinvest, and KHP Ventures. The latter being a collaboration between King’s College London, King’s College Hospital NHS Foundation Trust and Guy’s and St Thomas’ Hospital NHS Foundation Trust, which is offering equity investments coupled […]
Maintel declines 12.7% due to supply chain shortages
Maintel, a UK provider of cloud and network managed services has reported a significant decline in revenue for H1 2022, driven by supply chain shortages and the post-pandemic effects of delayed spending from public sector customers. Group revenue declined -12.7% to £46.7m, and the company posted a loss before tax of -0.5m (2021: +£3.8m). Maintel […]
JPMC celebrates a successful Chase
One year on from its arrival, UK digital bank, Chase is celebrating the successes its has achieved during its first twelve months. The app-based bank, part of US giant JPMC, has attracted more than 1m customers in the UK. In this time Chase has accumulated deposits worth more than £10bn and its hold an average […]
Attraqt recommends Crownpeak acquisition offer
Business momentum has been picking up at Attraqt with new logos, bookings and ARR gains but the company acknowledges revenue and profit performance have been “challenging”. Turbulent times over the past few years (see here) coupled with current increases in the cost of sales due to new customer sale patterns driving higher hosting costs and unfavourable foreign exchange movements […]
Unblur partners with West Midlands Fire Service
Unblur has expanded its UK footprint further through a new partnership with West Midlands Fire Service (WMFS). The Barcelona headquartered public safety business has secured a £40k six-month contract via G-Cloud to run a proof of concept trial of its Incident Command System in the region. WMFS is the second largest fire and rescue service […]