Omar Faridi

Over $18B in Potential Financial Losses from Ransomware Attacks on Manufacturing Sector Reported in 2025

Kaspersky in collaboration with VDC Research have announced recently that during the first three quarters of this year, ransomware attacks on various manufacturing organizations could have generated more than $18 billion in losses. This figure is now said to reflect only the so-called “direct cost”… Read More

Finance Professionals Express Concerns About AI Misuse : Research

Billtrust, the enabler of B2B accounts receivable workflow and payment software, released findings from a new research study exploring finance leaders’ trust in artificial intelligence (AI) and their expectations for responsible AI deployment. The research study, based on a survey of 500 finance professionals and… Read More

Hex Trust, Fireblocks Partner to Support Digital Asset Custody Solutions in Asia, Middle East

Hex Trust, which claims to be a regulated digital assets financial institution, announced a partnership with Fireblocks, an enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments. This collab now positions Hex Trust as a key Qualified Custodian in the Fireblocks… Read More

Digital Payments Provider Checkout.com Partners with Portugal’s Pingo Doce

Checkout.com, a global digital payments provider, announced a partnership with Pingo Doce, the Portuguese multinational food retail group, to support its online store. The partnership marks a key milestone in Pingo Doce’s digital transformation, allowing the group to provide a so-called high performing online shopping… Read More

Qantas Business Money Launches Yield Enabled By Airwallex, Unlocking Returns for Australian Firms

Qantas Business Rewards members doing business overseas now have access to Yield, an investment tool powered by financial and payments platform Airwallex. Yield joins a suite of Qantas Business Money products, offering members with a savings option for their AUD as well as USD account… Read More

Insurtech Akur8 Expands Operations with Madrid Office

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, announced the opening of its new office in the heart of Madrid, Spain. This marks Akur8’s eighth international office, reinforcing its commitment to serving clients and partners throughout the world. Spain is said… Read More

Fundbox Teams Up with Wave to Provide Data-Driven Access to Capital for Small Businesses

Fundbox, the embedded capital infrastructure provider for small businesses, announced a partnership with Wave, the financial management technology platform trusted by more than 350,000 small business owners and solopreneurs. Via this collab, Fundbox’s financing solutions are now said to have been directly integrated into Wave… Read More

Wealth Management Platform FNZ Announces $650 Million in Funding to Support Business Plan

FNZ, the global wealth-management platform, has recently announced that it secured $650 million in as part of equity funding from its institutional shareholders. This reportedly provides more financial strength in order to support its long-term business plan and its “commitment to delivering enhanced outcomes for… Read More

EY Grants Accelerator Obtains FedRAMP Authorization, Enabling Federal Agencies to Enhance Grants Systems

Ernst & Young LLP (EY US) announced that its EY Grants Accelerator platform, an AI-enabled platform intended to transform the way governments manage and disburse critical grant funding, has earned FedRAMP (Federal Risk and Authorization Management Program) Authorization. This reportedly confirms that the solution meets… Read More

Regtech ID-Pal Updates ID-Detect to Tackle Deepfakes and Digital Manipulation

ID-Pal, a provider of AI-enhanced identity verification, announced an update to its document-fraud detection feature, ID-Detect, enabling defenses against digital manipulation generated by AI. This kind of manipulation is reportedly one of the “fastest-growing” threats facing financially regulated enterprises and payments providers. AI-fraud remains a… Read More

Getnet and UnionPay International Enable Acceptance of UnionPay Cards in Spain and Portugal

Getnet, a payment solutions provider in Latin America and Iberia belonging to the Santander Group, and UnionPay International (UPI), have signed a strategic agreement to expand the acceptance of UnionPay cards in Spain and Portugal. This reinforces both firms’ commitment to delivering a more inclusive… Read More

Taurus Partners with Kaiko to Enable Digital Asset Infrastructure for Institutions

Taurus, a key player focused on digital asset infrastructure for banks and regulated financial institutions, has recently partnered with Kaiko, a global provider of digital asset market data. Via this latest integration, Kaiko’s pricing and liquidity data will be available on the Taurus platform, giving… Read More

Mastercard Enhances Mobility with Open-Loop Transit Payments in Azerbaijan

Mastercard (NYSE: MA) says that it now stands at the center of the mobility evolution. As the technology company in transit payments, Mastercard clams that it is transforming how individuals travel — making journeys and experiences more frictionless for people throughout the world. Across the… Read More

Episode Six, Sharesies Partner to Introduce Debit Card Linking Spending to Investing

Episode Six, a global technology provider of enterprise-grade card issuing and ledger infrastructure, has recently announced ​​its new​​​ ​partnership with​ Fintech ​wealth app​ Sharesies, in order to​ ​support its​ newly launched debit card. ​​The payment card is said to be the first in New Zealand… Read More

Lumio, Revio Insight Aim to Help Banks Identify and Get Back Business Leaving for Competitors

Revio Insight, the Relationship and Growth Intelligence Platform that reveals where clients as well as members are also banking, borrowing, and investing, and Lumio Solutions, the Holistic Risk and Business Intelligence Platform for community FIs, announced a partnership. The collab reportedly enables banks and credit… Read More

eToro Introduces Cash ISA Solution for UK Investors

eToro (NASDAQ: ETOR), the trading and investing platform, has expanded its partnership with Moneyfarm to launch a market-leading Cash ISA offering for UK customers.  Until 31 December of this year, eligible eToro UK clients will be able to open a Cash ISA powered by Moneyfarm… Read More

Crypto Payments Enabler MoonPay Ventures Announces Investment in Zengo Wallet

MoonPay, the global enabler of crypto payments, has announced an expansion of its partnership with Zengo Wallet, the self-custodial crypto wallet. The collab now aims to enhance wallet usability, expands payments access and enables product development across Zengo’s ecosystem. As part of the latest partnership,… Read More

£2M in Card Chargebacks Reportedly Claimed Back by UK’s Lloyds Bank Clients

Approximately £2 million pounds in total card chargebacks have been claimed back by Lloyds customers after a reported surge in so-called dodgy websites, according to the most recent data and insights from the banking institution. Lloyds has carefully examined and analysed reports they’ve obtained this… Read More

EMVCo Focuses on How Global Specifications May Enable Agentic Payments

EMVCo – the technical body that creates and manages EMV® Specifications and programs that enable card-based payments– announced that it is working on how global specifications can support tech advancements and product development in agentic payment solutions by increasing interoperability across the ecosystem. Agentic commerce… Read More

dLocal Joins Circle Payments Network to Enable Stablecoin Payouts

dLocal (NASDAQ: DLO) a cross-border payment platform connecting global merchants to emerging markets, has integrated with Circle Payments Network (CPN), operated by Circle Technology Services, LLC, an affiliate of Circle Internet Group, Inc. (NYSE: CRCL), to enable seamless payouts across emerging markets. Supported by Circle’s… Read More

Send this to a friend