Latest News from the Payrow team
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The Escalation of Online Financial Deceptions Through AI

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Shared by Maria • April 05, 2024

The digital age has ushered in a significant increase in fraudulent activities, where fraudsters create false identities to swindle money from either financial bodies or their clientele. Experts anticipate that these criminal acts will become more rampant as artificial intelligence (AI) technology becomes more widespread.

A recent examination of opinions from 500 individuals specialising in fraud and risk within the financial sector, as initially reported by ABC News, highlights a profound concern over the escalating issue of fictitious online entities. The worry centres around whether the current technological measures for security and identity verification utilised by banks and credit service providers can effectively counteract this trend.

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Will London Adapt to Remain the Top Choice for Startup IPOs?

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Shared by Maria • April 03, 2024

If a company is gaining popularity and wants to grow and develop, it needs to attract investment. One popular option is listing on the stock exchange. A company can go public and sell its shares on the stock exchange, which will give it an increase in capital and, thus, a powerful financial resource. According to Ledgy research, 72% of British tech companies prefer to list on the London Stock Exchange (LSE).

However, now there is an active discussion about whether the LSE is a good choice or whether it is better to go to an alternative like the Nasdaq. Let’s explore what is happening in the world of publicly traded companies and shares.

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What Is Export Finance?

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Shared by Maria • March 28, 2024

Exporting goods and services is not the easiest way to do business, but many companies still do it. One of the most significant challenges for them is the receipt and distribution of finances. A business owner may have questions: What if a foreign buyer only pays for the goods in three months, but I need the money today? How can I avoid issues with paying salaries, and how should I adjust cash flows?

Let’s find out what export finance is, how the government supports exporters, what the risks and benefits are, and how to make cross-border payments more quickly and easily.

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Payrow Promotes Gender Diversity and Bolstering Female Representation in FinTech

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Shared by Maria • March 25, 2024

We are immensely proud that our article addressing gender inequality within the FinTech sector was published in the esteemed financial publication on FinTech Finance.

This indicates that the issue of gender diversity is of concern not only to individual companies like Payrow but to the industry as a whole.

We are delighted to raise such crucial topics and to find resonance among media outlets and peers.

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How to Succeed in Freelancing While Living as a Digital Nomad

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Shared by Maria • March 19, 2024

Becoming a digital nomad is the choice of many of today’s tech-savvy individuals. There are many reasons for this: convenience, freedom, the ability to work from anywhere in the world, and the fact that there’s no need to go to the office or comply with a dress code.

If you only need a laptop and an internet connection to work, and your income level allows you to choose any country to live in, why not take advantage of it? An important question is how to become a successful freelancer if you follow this lifestyle. Let’s look at how to become an independent digital nomad and succeed in this environment.

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Choose Any Payrow Plan, Enjoy Free Access for 30 Days

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Shared by Maria • March 15, 2024

In a significant update to Payrow’s offerings, we’re excited to share a golden opportunity for new customers to explore our comprehensive suite of financial services without any upfront cost.

This exclusive offer allows you to dive into the full range of Payrow’s capabilities by choosing any plan – completely free for the first 30 days. This is your chance to discover the most advantageous and convenient plan tailored to your business needs.

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UK 2024 Data Protection Update: Boosting Security and Resilience in Data Centres

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Shared by Maria • March 11, 2024

With the development of online data transfers, data protection has become of key importance to the UK. When names, addresses, phone numbers, card details, and other personal information go online, there is nothing more important than data protection. Now, regulation in the UK is undergoing changes, and one of the main areas of focus is security and resilience in data centres.

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E-Commerce Revenue Transparency: HMRC Demands Reporting of User Earnings

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Shared by Maria • February 26, 2024

The development of online marketplaces in the UK is forcing regulators to pay more attention to them. The revenue transparency of e-platforms is important to both regulators and platform users, as it ensures legal standing and customer trust. Now, new rules are being put in place to guarantee this transparency. This article explains why anyone selling goods or services on platforms like Etsy, Amazon, eBay, or Vinted will have to report their earnings to HMRC.

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Top UK Destinations for Starting a Small Business

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Shared by Maria • February 22, 2024

The UK is home to thousands of startups and is generally considered a great place to launch a new venture. There are some cities that are particularly well known for their thriving entrepreneurial communities. These are places where investors flock, where events help businesses grow, and where the number of potential customers is large. Moreover, local authorities can influence small businesses by providing support, resources, and opportunities for development.

A recent study by Qardus highlights how the fortunes of businesses vary depending on the location. Based on data from the Office for National Statistics, this analysis shows where small businesses find opportunities and face challenges. This article focuses on the best UK destinations for starting an SME.

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Unlocking the Financial Potential of SMEs: Is FinTech the Key?

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Shared by Maria • February 20, 2024

We at Payrow are thrilled to share that we’ve written an article for FinanceFeeds titled “Unlocking the Financial Potential of SMEs: Is FinTech the Key?”. This article focuses on the changing dynamics of the gig economy, particularly for start-ups and freelancers. It underscores the increasing importance of small-scale financial transactions and banking needs while highlighting the significant gap in banking services for small and medium-sized enterprises (SMEs).