November 24, 2024 @ 6:00 pm By Tony Zerucha  |  

According to the latest Global State of Fraud and Identity Report from LexisNexis Risk Solutions, banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions by combining shared fraud intelligence into their risk assessments. Examples include a US bank that… Read More

November 24, 2024 @ 12:02 pm By Tony Zerucha  |  

Solidgate CEO Yuri Alekseev believes the return of Donald Trump to the White House could bring substantial changes in the digital payments landscape, given the administration’s commitment to deregulation. He said Trump’s previous term marked the biggest rollback in regulations since the 2008 crisis, including… Read More

November 23, 2024 @ 6:24 pm By Tony Zerucha  |  

Tim Kravchunovsky, founder and CEO of the decentralized telecommunications network Chirp, fears the incoming chair of the Federal Communications Commission, Brendan Carr, could stifle the decentralized telecommunications industry if he moves to repeal net neutrality once again. While Carr’s anti-Big Tech stance could be helpful… Read More

November 23, 2024 @ 6:13 pm By Tony Zerucha  |  

This week, Tassat Group, a provider of private permissioned blockchain-based real-time settlement solutions, announced its strategic partnership with Veuu, an AI-powered healthcare fintech company, to improve the inefficiencies and opaqueness plaguing the healthcare claims and payment process. Leveraging Tassat’s smart contract capabilities, this collaboration empowers… Read More

November 23, 2024 @ 6:12 pm By Tony Zerucha  |  

This week, Fintech PayEm released today the results of exclusive research that reveals that 86% of financial professionals still rely on Excel for budgeting and forecasting and 75% use manual reviews and approvals rather than AI or automated solutions. PayEm said these statistics demonstrate the technological gap that… Read More

November 23, 2024 @ 6:08 pm By Tony Zerucha  |  

Indian retail intelligence platform Bizom has collaborated with global nonprofit Accion and Mastercard Center for Inclusive Growth, the philanthropic arm of Mastercard, to expand its digital consumer packaged goods (CPG) marketplace. The collaboration seeks to serve more than four million small retailers through embedded credit… Read More

November 23, 2024 @ 6:04 pm By Tony Zerucha  |  

As Black Friday and the holiday shopping season approaches, payment service providers, merchants and Fintechs are preparing for a surge in transactions. However, so are fraudsters. According to recent studies conducted by public and private entities, cybercriminals are increasingly using AI-based techniques that allow them… Read More

November 23, 2024 @ 5:48 pm By Tony Zerucha  |  

Chartered commercial broker Konsileo has completed a £8 million raise to accelerate its expansion across the UK. Konsileo specializes in mid-market advised sales for small, medium, and mid-corporate businesses. The £8 million raise is a mixture of debt and equity financing led by long-term shareholders… Read More

November 23, 2024 @ 5:44 pm By Tony Zerucha  |  

Bitcoin has hit yet another all-time high, surging past $99,600 on Nov. 26. Be patient, don’t sell, and you could be rewarded in a few short weeks, deVere Group CEO Nigel Green predicted. While he once predicted Bitcoin could hit six figures, look for it… Read More

November 23, 2024 @ 10:00 am By Tony Zerucha  |  

Oraclum Capital founding partner and CIO Vuk Vuković, PhD, said the interplay between Donald Trump’s policies and the Fed’s reactions to the outcomes will shape finance in 2025. Vuković said inflation will once again be at the forefront of market (re)action, as it could potentially… Read More

November 10, 2024 @ 10:01 pm By Tony Zerucha  |  

SentBe, a Korean global FX total solutions provider, partnered with Visa to implement Visa Direct’s card transfer service, which allows for real-time overseas payment through Visa’s global payment network. SentBe is the first in the Korean fintech industry to implement a Visa Direct card transfer… Read More

November 10, 2024 @ 9:44 pm By Tony Zerucha  |  

Donald Trump’s return to the White House raises concerns that he might seek significant influence over the central bank’s policy decisions, warns deVere Group CEO Nigel Green. Green spoke ahead of Federal Reserve Chair Jerome Powell’s end-of-meeting speech on Nov. 7. “There are fears that… Read More

November 10, 2024 @ 1:14 pm By Tony Zerucha  |  

Even if President-elect Donald Trump does not deliver on his pro-crypto election campaign statements, Chirp founder and CEO Tim Kravchunovsky believes related policies will still support the industry. “Those of us in Europe woke up this morning to a major crypto rally on the news… Read More

November 10, 2024 @ 1:12 pm By Tony Zerucha  |  

B2B embedded finance platform Toqio has signed an agreement with the global e-commerce company DSA. The partnership with the UK- and Hong Kong-based company is Toqio’s maiden step into logistics after establishing itself as a partner to corporate firms in the hospitality and pharmaceuticals sectors,… Read More

November 9, 2024 @ 7:38 pm By Tony Zerucha  |  

Bitcoin surged to a record high of $75,060 on Tuesday night as growing confidence in Donald Trump’s return to the White House fueled investor excitement in the cryptocurrency space. The world’s most valuable digital asset has seen a remarkable rally, up more than 7% on… Read More

November 9, 2024 @ 7:25 pm By Tony Zerucha  |  

The term Artificial Intelligence (AI) is inescapable in Fintech today. It is often thrown around, with little knowledge of what it actually means. One certainty is it isn’t a cure-all for many of the issues affecting the industry. AI opens a host of questions, beginning… Read More

November 9, 2024 @ 1:44 pm By Tony Zerucha  |  

This week, Nium, a global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated, an independent pan-African financial services group, to enable cross-border payments across 35 African markets for more than 32 million customers. Nium’s real-time payments infrastructure will be integrated into… Read More

November 9, 2024 @ 1:40 pm By Tony Zerucha  |  

More than one-fourth (29%) of bank customers and 22% of credit card customers have experienced fraudulent activity on their accounts in the past 12 months, according to the inaugural J.D. Power U.S. Financial Protection Satisfaction Study. As financial fraud continues to escalate, how financial institutions… Read More

November 6, 2024 @ 10:24 pm By Tony Zerucha  |  

Crypto investors’ hopes for a Christmas price rally could be realized if a few factors fall into place, YouHodler’s chief of markets Ruslan Lienkha believes. Global Economy Despite ongoing uncertainty in financial markets regarding the future of the global economy, Lienkha said there is a… Read More

November 6, 2024 @ 12:55 pm By Tony Zerucha  |  

The US Federal Reserve is under renewed pressure to implement another significant interest rate cut, following an unexpectedly low jobs report that signals a cooling economy. Nigel Green, CEO of deVere Group, believes the latest jobs data provides the Fed with a clear mandate to take more… Read More