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Michael Ault

Michael Ault CEO at UTP Group

A new age, the same threats: How today’s fraudsters are targeting SMEs and what you can do about it

Though it might have been hoped a decade ago that technological advances by the 2020s would have all but wiped out the threat of fraud, this is not the case. Fraud isn’t just on the rise; it’s reaching levels not seen before. Indeed, 2020 holds the record for being the worst year to date for breaches with over 36 billion data records compromised. ...

/payments /crime Exposing Financial Crime

Michael Ault

Michael Ault CEO at UTP Group

Why financial inclusion needs to reach excluded cash-heavy sole traders

While we applaud efforts to promote financial inclusion and encourage uptake of non-cash payments in the wake of the Covid-19 pandemic, the financial industry and government bodies need to remember a crucial sector of society that’s in danger of being left behind – the small businesses that are the backbone of any nation’s economy. There are curre...

/payments /inclusion Financial Inclusion

Michael Ault

Michael Ault CEO at UTP Group

Getting smart about payment terminals

For many years, payment terminals have been a vital tool for businesses that complete their customer transactions in-store. The familiar hand-held devices have reliably taken card payments and offered simple additional services like mobile phone top-ups, cashback or electronic tipping solutions. However, with recent technical innovation, boosted...

/payments /covid-19 Payments strategies 2015-2020-2030

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