Ideas. Insights. Updates.

OUR LATEST INDUSTRY INSIGHTS AND COMPANY UPDATES

Paybase predicts...

What we said in 2018 In 2018, we spoke to the Fintech Times about what was to come in 2019. We predicted that as the effects of open banking and PSD2 developed, we would see the Payment Initiation Services Provider (PISP) functionality become a more...

Fri, Feb 21, 2020, by Gemma Doswell

Predictions

+ 2 More

need one
need one
Paybase presents Blind Date

How well do you know your industry? We’re putting you to the test in a very special FinTech edition of Blind Date. See if you can match these seven FinTech Valentine’s hopefuls with their perfect features, terms and instruments. The more you get righ...

Fri, Feb 14, 2020, by Gemma Doswell

FinTech

+ 2 More

need one
What is meant by Single Player Mode?

Platform businesses face a unique challenge. When it comes to user acquisition, they have to attract a two-sided audience to enable the success of their product. For an online marketplace, these two sides are made up of buyers and sellers, for the sh...

Mon, Feb 10, 2020, by Gemma Doswell

Online Marketplaces

+ 1 More

need one
Claas from Helpling on balancing liquidity

We sat down with Claas to find out how the Helpling gig economy platform tackled balancing liquidity. Here’s what he told us: 1. Can you give me a brief intro to Helpling? Sure. Helpling was founded in 2014 in Berlin by Benedikt Franke and Philip H...

Mon, Feb 3, 2020, by Gemma Doswell

Online Marketplaces

+ 1 More

need one
The A to Z of crypto jargon

FUD, HODL, dApps and more - what does it all mean? There’s a lot of jargon in the cryptocurrency industry, and it’s difficult to make head and tail of it all. We’ve compiled a comprehensive list of terms, early pioneers of the crypto industry and acr...

Fri, Jan 31, 2020, by Gemma Doswell

Cryptocurrency

+ 2 More

need one
An award-winning Risk Suite

In October 2019, our Risk Suite was awarded the Outstanding New Product Award by the Tackling Economic Crime Awards (TECAs). Our Head of Compliance, Rachel Coote, accepted the award at the ceremony in London. TECAs is an independent organisation loo...

Mon, Jan 20, 2020, by Gemma Doswell

Financial Crime Prevention

+ 2 More

need one
Crypto: why so cryptic?

It’s been over a decade since Satoshi Nakamoto released his anonymous whitepaper for Bitcoin. Since then, the cryptocurrency space has been on a fast and furious journey: from the (at the time of writing) £64 million pizza order to the £15,000 BTC bu...

Mon, Jan 13, 2020, by Gemma Doswell

Blockchain

+ 2 More

need one
Welcome to the Founders’ Workshop

What’s the Founders’ Workshop, you ask? It’s your very own space to learn, share and collaborate with fellow platform economy, FinTech and cryptocurrency business founders. If you’ve already been to one of our Paybase Collaborative Workshops, think o...

Wed, Dec 11, 2019, by Gemma Doswell

Founders’ Workshop

+ 2 More

need one
An Interview With SEUK

We caught up with Olivia Knight, Chair of SEUK and Founder of Patchwork. Here’s what she had to say. Could you give me a brief introduction to you? I’m Olivia, I’m the chair of SEUK and have been since March 2019. I joined as a member two years ago...

Wed, Dec 4, 2019, by Gemma Doswell

SEUK

+ 2 More

need one
Retaining Buyers and Sellers Is Easy, Right?

So, you’ve launched your own online marketplace, gig economy or sharing economy platform. What’s next? You need to attract users and, more importantly, retain them. But it’s actually one of the biggest challenges for a platform business to overcome. ...

Thu, Nov 28, 2019, by Gemma Doswell

Platform Economy

+ 2 More

need one
What’s the deal with IR35?

What’s the deal with IR35? In what feels like an ever-changing regulatory landscape, IR35 is yet another addition to the evolving contract/freelance/off-payroll space. But, as we firmly advocate at Paybase, regulation should not be looked at as a d...

Tue, Nov 12, 2019, by Gemma Doswell

IR35

+ 2 More

need one
Are You Using Escrow Compliantly?

Escrow is one of the most popular payment features to appear in the platform economy. It is becoming increasingly well-utilised as awareness of the instrument grows. Escrow accounts are a great tool to safeguard transactions and payments technology...

Wed, Sep 25, 2019, by Gemma Doswell

Escrow

+ 2 More

need one
Interview with Jozef Wallis from Booxscale

We spoke to Jozef Wallis, Co-Founder and COO of Booxscale. We wanted to get an understanding of how Booxscale works for online marketplaces and classified platforms, and how it gives them access to rich, streamlined, quality content and leads. He al...

Thu, Jul 11, 2019, by

Interview

+ 2 More

GDPR, Compliance, FinTech
With Simplified Due Diligence set to change, innovation-driven companies like Paybase may offer the best solution

At present, EU firms are able to use SDD on customers that are deemed to have a low enough level of risk associated to them. This allows firms to postpone verifying a customer’s identity until their level of risk changes (as they make updates to the...

Wed, May 1, 2019, by Anna Tsyupko, Danielle Herndon

Due Diligence

+ 2 More

GDPR, Compliance, FinTech
The potential for financial crime within marketplaces and how to avoid it

Preventing financial crime is something all e-commerce firms need to be mindful of in today’s world. However, due to the way marketplaces operate, certain financial crime is particularly applicable to them. In this article, we discuss what can happe...

Wed, Apr 10, 2019, by Danielle Herndon

Online Marketplaces

+ 2 More

need one
Paybase Collaborative Workshop 3: In Photos

Earlier this month saw Paybase host its third collaborative workshop - a big thank you to all our attendees who made it the biggest one to date! This workshop had an entirely new format. Alexander Ross of Illuminate Financial kicked us off with the ...

Wed, Mar 27, 2019, by Dan Wale

Workshop

+ 2 More

need one
How do payments work for online marketplaces / gig / sharing economy platforms?

Choosing the right payments option can be the best early decision your business makes If you are currently setting up your platform and are starting to think about payments, bear in mind, platform payments work differently than payments for more tr...

Wed, Feb 27, 2019, by Dan Whale

Platform Economy

+ 2 More

need one
Interview with Gen George from tamme

We spoke to tamme CEO and Co-Founder Gen George about how her AI-driven business is helping to balance and scale marketplaces all over the world Thanks for taking the time to speak to us today Gen! Can you start by telling us a little bit about tam...

Wed, Jan 30, 2019, by

Interview

+ 2 More

need one
Paybase collaborative workshop 2: In photos

Last week saw Paybase host the second in its series of collaborative workshops, aimed at fast-tracking success for platform businesses. Thank you to all those that came to listen to our three industry experts share their words of wisdom - especially...

Thu, Jan 24, 2019, by

Workshop

+ 2 More

need one
Paybase Collaborative Workshop 2: What to expect

On January 17th Paybase will be hosting the second in its series of collaborative workshops. In this blog we provide an overview of what you can expect to get out of the event. The last event sold out quickly so we recommend signing up now. You can d...

Thu, Jan 3, 2019, by Dan Whale

Workshop

+ 2 More

need one
Paybase Profiles – Jessy

In this Paybase Profile, Head of Marketing Jessy explains her role in the team, why she prefers working for startups and why she's excited about Paybase's future! Hi Jessy! Tell us a little bit about your role as Head of Marketing As the Head of M...

Wed, Dec 5, 2018, by Dan Whale

Paybase Culture

+ 2 More

need one
Brexit - The outcome of negotiations will not affect our ability to help you grow in Europe. Here’s why.

It was predicted by few that Brexit would be frictionless, but predicted by fewer that it would be quite so complex. At the time of writing it is still very much unknown whether the UK and the EU will agree upon a deal that can be passed through Par...

Mon, Nov 12, 2018, by Dan Whale & Danielle Herndon

Brexit

+ 2 More

need one
Paybase Workshop 1: In Photos

The first Paybase Workshop was a great success - thank you to all those that came! Over 40 people came to Paybase HQ on 11/10/2018 to listen to 3 brilliant guest speakers and network with fellow marketplace and gig/sharing economy platform founders...

Thu, Oct 25, 2018, by Dan Whale

Workshop

+ 2 More

need one
What to expect from the first Paybase Workshop

The first #PaybaseWorkshop is fast approaching and we’re really looking forward to bringing together a lot of innovators in the platform business space. The event has now sold out, but if you weren’t able to get a ticket, we will be hosting many mor...

Thu, Oct 4, 2018, by Dan Whale

Workshop

+ 2 More

need one
Paybase Event! Marketplaces and Gig/Sharing Economy Platforms - Fast Track Your Success

On October 11th Paybase is hosting a collaborative workshop and networking event for online marketplaces and gig/sharing economy platforms. You may be wondering why we decided to host such an event, and why we’re so excited about it. In this blog, w...

Thu, Sep 20, 2018, by Dan Whale

Workshop

+ 2 More

need one
If you have a gig/sharing economy business or online marketplace, there has been a big change in legislation that you need to know about

Changes to the commercial agent exemption require action, but they will bring benefits to all involved You may not have heard of the ‘commercial agent exemption', but if you have an online marketplace or gig/sharing economy business, you may have b...

Mon, Jul 30, 2018, by Anna Tsyupko

Platform Economy

+ 2 More

need one
Paybase Profiles – Jarina

Our Head of Operations Jarina recently celebrated her 1 year anniversary here at Paybase. We sat down with her to discuss all things Ops and more! So as Head of Ops, what does your day-to-day look like, Jarina? I’d describe my role as knowing what...

Mon, Jun 18, 2018, by Dan Whale

Paybase Culture

+ 2 More

need one
The platform business taxation debacle

Want your platform business to be prepared for the future? Communicating your users’ tax obligations to them is a start, but innovation exists to go far further. Businesses such as online marketplaces or gig/sharing economy platforms, known as ‘plat...

Thu, Jun 7, 2018, by Dan Whale

Platform Economy

+ 2 More

RegTech, FinTech, Payments, Compliance
RegTech Is Not the New Fintech - It Is Part of FinTech

Recent regulatory changes may have assisted the growth of RegTech, but is separating it from FinTech really necessary - or wise? RegTech is an industry based on the use of new technologies to help companies meet regulatory requirements in an optimi...

Thu, Apr 26, 2018, by Dan Whale

RegTech

+ 2 More

need one
Paybase Profiles – Joel

Joel will soon be celebrating his three year anniversary with Paybase - a very big cake is in order! After being here for so long, we know Joel pretty well, but sat down with him to get to know him even better. Joel, you’re in the engineering team....

Thu, Apr 5, 2018, by Dan Whale

Paybase Culture

+ 2 More

GDPR, Compliance, FinTech
GDPR – What You Need To Know

If you were not aware, Europe is set for its biggest data protection shake-up in 20 years. From May this year, the General Data Protection Regulation (GDPR) devised two years ago will be enforced. It replaces the EU-wide 1995 Data Protection Directi...

Mon, Mar 26, 2018, by Dan Whale and Danielle Herndon

GDPR

+ 2 More

need one
Women in FinTech – Our Stories

To mark International Women’s Day we sat down with some of the women of Paybase! Here at Paybase the split between women and men is nearly 50/50, but we understand this is sadly nowhere near the norm in the FinTech industry. It’s our vision to chang...

Thu, Mar 8, 2018, by Dan Whale

Women in Tech

+ 2 More

need one
How to Make the Most of Loyalty Programmes

We look at why loyalty programmes are so important for modern businesses and how they can best be used. As is well known, commerce is not what it once was. The growth of the gig/sharing economy has led to the current generation placing less importa...

Wed, Feb 21, 2018, by

User Retention

+ 2 More

need one
Paybase Profiles – Russ

Russ joined us back in May 2017 as our Head of Partnerships, bringing with him a wealth of FinTech experience and some very cool personal hobbies! What do you do here at Paybase? In a nutshell, my job is to find partnerships that will generate goo...

Wed, Feb 14, 2018, by Dan Whale

Profile

+ 2 More

need one
Our predictions for 2018

Changes in regulation, the rise of cryptocurrencies, Brexit - 2018 is certainly going to be a year that throws up both challenges and possibilities for the world of FinTech. At Paybase we’re very excited about the year ahead, and after speaking to ...

Wed, Jan 31, 2018, by

Predictions

+ 2 More

need one
Paybase – Our 2017

We look back on what was a very significant year for us, with great anticipation for the year ahead As a very busy year drew to a close, we found just enough time to catch our breath and reflect on all that happened last year at Paybase. We can con...

Wed, Jan 10, 2018, by Dan Whale

2017

+ 2 More

need one
Why eMoney is More Than Just Escrow

The escrow functionality of eMoney is massively useful, but there are many other exciting ways in which eMoney is being used. Put simply, eMoney is money recorded on a ‘stored-value card’ or in an electronic account. Instead of the money being link...

Wed, Dec 13, 2017, by Dan Whale

Escrow

+ 2 More

need one
‘Tis the Season to be Vigilant

As fraud rates rocket during the holiday period, we look at the best ways of ensuring that you don’t fall victim to fraudsters - and what steps to take if you do. We’re entering that time of year when the emotional adverts begin, stores are putting...

Wed, Nov 29, 2017, by Danielle Herndon and Dan Whale

Fraud Protection

+ 2 More

need one
PSD2 – What is it and how is it likely to affect me?

We look at the incoming Payment Services Directive and speculate on what changes the average consumer could expect. The Second Payment Services Directive (PSD2) is a set of requirements for firms that provide payment services within the EU and whil...

Wed, Nov 8, 2017, by Danielle Herndon

PSD2

+ 2 More

need one
How do coders become coders?

We asked our Software Engineers where it all began, as well as some other things. To get a job in the skilled labour market, you are usually required to follow a pretty set path. You don’t become a footballer after starting out as an accountant. Th...

Tue, Oct 10, 2017, by Dan Whale

Tech

+ 2 More

need one
Payment Gateways vs eMoney – Everything you need to know

You may not be familiar with the term payment gateway, but you will have certainly used one. It is likely that you have used some form of eMoney as well, but what is the difference - and why does it matter? Payment Gateway A payment gateway is what...

Wed, Sep 20, 2017, by Dan Whale

Payments

+ 2 More

need one
Innovation in Customer Due Diligence – What stands in the way?

In the competitive landscape of financial services, are the banks’ methods of Customer Due Diligence (CDD) outdated? > “A positive and efficient client onboarding experience is a differentiator for those financial institutions able to deliver it to...

Wed, Sep 13, 2017, by Danielle Herndon

Compliance

+ 2 More

need one
EdTech is Being Called the ‘New FinTech’ - Why Are We Comparing Them?

FinTech firms need to seize the opportunity that EdTech is presenting them with, not attempt to compete. Education technology is evolving rapidly. If you type ‘EdTech’ into a search engine, it will not take you long to find a plethora of articles d...

Wed, Aug 23, 2017, by Dan Whale

EdTech

+ 2 More

need one
How to 'Hackathon' when you don't 'do' code

Traditionally, a Hackathon is a focused attempt to build or create something new - usually a working prototype for a product such as a web or mobile app - within a short amount of time. Gone are the days, however, when these events were exclusively...

Thu, Aug 10, 2017, by Ellie Fryer-Ambler

Tech

+ 2 More

need one
Top FinTech Jargon Buster by Paybase

We’ve all been there. You’re part of a conversation which seems very interesting, but without knowing a few keywords, you have absolutely no idea what is going on. Sound familiar? A good area to brush up on would be FinTech, considering that its gr...

Wed, Jul 26, 2017, by Ellie Fryer-Amblr

FinTech

+ 2 More

need one
The Evolution of Product: Empowering the Customer

‘The customer is always right’ is a well known phrase, originally coined back in 1909 by Henry Gordon Selfridge, which demonstrates the attention businesses should show towards customer satisfaction. Many arguments are had amongst customer support s...

Wed, Jul 12, 2017, by Russell Wet

Payments

+ 2 More

need one
The Great Charity Struggle

The UK continues to donate as generously as ever, so why are 1 in 5 charities struggling to survive? And what needs to change? 2017 has seen the UK rife with tragedy, but also with love. In the wake of the Manchester attack, the Manchester Evening ...

Wed, Jun 28, 2017, by Russell Wes

Charity

+ 2 More

need one
The Sharing Economy: When Will Payments Catch-Up?

The sharing economy is skyrocketing in a way which is transforming how we live our lives, yet its payment aspect remains stuck on the ground. The emergence of the sharing economy has been difficult to ignore. Online marketplaces such as Etsy, Depop...

Thu, Jun 22, 2017, by Dan Whale

Sharing Economy

+ 2 More

need one
Key Challenges with Building a Payments App

As any young startup, we were eager to get-to-market as quickly as possible. Little did we know that building the payments component of the Payfriendz App - modest P2P functionality - would take much longer than expected and significantly delay our...

Wed, Jun 7, 2017, by

Payments

+ 2 More

need one
Wired Money 2017

Wired Money 2017 brought together the most disruptive innovators, inventors and entrepreneurs redefining the future of the finance industry and Paybase was one of them. The key themes of the event included distributed ledger technology, personal fi...

Wed, May 31, 2017, by Ellie Fryer-Ambler

FinTech

+ 2 More

need one
Welcome to Paybase

Today, we’re excited to launch our new website and new brand all in the same month as moving our growing team to our new office in London Bridge. Who are Paybase? Founded in 2013, we started out as a consumer-facing business and launched the money...

Tue, May 16, 2017, by Ellie Fryer-Ambler

Paybase Platform

+ 2 More

need one
React London 2017

At Paybase, we're fond users of React and React Native, so naturally we were excited for London's first React focused conference in March. Joel, Michael and Sam joined some 500 other people at the QEII centre in Westminster for a day of talks surrou...

Tue, Apr 4, 2017, by Joel Picup

Tech

+ 2 More

Get started today_

Speak with one of our team to understand how we can help develop a better payment solution just for you.

Get in touch

Stay in the loop_

Subscribe to our mailing list to receive our popular monthly newsletter, hear the latest news from our Founders Workshop and a collection of articles, news and product updates directly into your inbox.