January 21, 2025 @ 8:23 am By Omar Faridi  |  

SIX, the provider of fund data in Switzerland, announces the acquisition of Swiss Fund Data (SFD). This acquisition supports SIX’s commitment to the Swiss fund market, ensuring the continued provision of “transparent, reliable, and consistent data for both domestic and foreign funds.” SFD plays a… Read More

 Tagged acquisition, europe, six, switzerland

January 21, 2025 @ 8:20 am By Omar Faridi  |  

Brazil’s digital banking platform Nubank (NYSE: NU) is reportedly expanding the feature that rewards holders of the digital dollar USDC to all users of Nubank Cripto in Brazil. As noted by Nubank, this latest expansion allows daily returns on a minimum balance of “10 USDC… Read More

 Tagged brazil, digital banking, latam, nubank, stablecoins, usdc

January 21, 2025 @ 8:19 am By Omar Faridi  |  

Revolut, a digital bank claiming over 50 million customers globally has announced the roll-out of In-App calls to personal customers, a security measure to help customers uncover impersonation scams, and make contact between customer support and customers “more reliable and safer.” Impersonation scams are when… Read More

 Tagged banking, digital bank, fraud, revolut

January 21, 2025 @ 8:18 am By Tony Zerucha  |  

Socure, a provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, this week unveiled research revealing that one in eight Americans (13%) committed first-party fraud over the 2024 holiday shopping season. First-party fraud, sometimes referred to as “friendly fraud,” occurs when consumers exploit return and refund policies… Read More

 Tagged bnpl, chargebacks, fraud, Ori Snir, socure

January 21, 2025 @ 8:17 am By Michael Wong  |  

Amazon has signed an agreement to acquire Axio, a Bengaluru-based digital lending firm that provides credit access to underserved individuals and households across India. The acquisition, which awaits regulatory approval, is expected to bolster Amazon’s footprint in the rapidly growing digital lending market and strengthen… Read More

 Tagged amazon, Axio, bnpl, india, online lending

January 21, 2025 @ 8:08 am By Omar Faridi  |  

UK’s online pension provider PensionBee recently shared comments following the appointment of Torsten Bell MP as Pensions Minister. Lisa Picardo, Chief Business Officer UK of PensionBee, commented: “We welcome the new Pensions Minister to his new role. With his extensive experience in public policy, we’re… Read More

 Tagged europe, pensionbee, pensions, uk, united kingdom

January 21, 2025 @ 8:06 am By Omar Faridi  |  

Paysend is pleased to share a major milestone with clients: 10 million consumer customers worldwide. According to an update from Paysend, this achievement marks a significant step in their journey to simplify cross-border payments and “create seamless financial connections for everyone, everywhere.” When they started… Read More

 Tagged payments, paysend, uk, united kingdom

January 20, 2025 @ 3:24 pm By Omar Faridi  |  

Atom bank, the UK’s digital banking platform, released research which highlights a knowledge gap among UK homeowners when it comes to Energy Performance Certificates (EPCs) and the cost of retrofitting. The data reveals that over half (53%) of homeowners are “unaware of their home’s EPC… Read More

 Tagged atom bank, banking, digital bank, energy, research, uk

January 20, 2025 @ 8:11 am By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct “proper investigations” of consumer disputes. The CFPB found Equifax (allegedly) “ignored consumer documents and evidence submitted with disputes, allowed previously deleted inaccuracies to be reinserted… Read More

 Tagged cfpb, enforcement, equifax

January 20, 2025 @ 8:02 am By Omar Faridi  |  

A report by the UK Startup Awards, supported by Starling Bank, has fired the starting pistol for those looking to launch or join a startup business in the new year. The ‘UK Startup Report 2024’ is based on a survey of “over 1,176 businesses under… Read More

 Tagged research, starling bank, startups, uk, united kingdom