January 8, 2025 @ 8:06 pm By Omar Faridi  |  

Maybank announced that it launched a counter-fraud security feature on the MAE App called Money Lock, which allows customers to lock funds in the savings or current accounts of their choice from “being digitally accessed, keeping the funds safe from online scammers.” With this added… Read More

 Tagged digital financial services, fraud protection, malaysia, maybank, scams, southeast asia

January 8, 2025 @ 7:58 pm By Omar Faridi  |  

Alchemy Pay, the crypto solutions provider, is pleased to announce that its entity, Alchemy Pay Ltd. has successfully registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This achievement, along with the recent acquisition of 4… Read More

 Tagged alchemy pay, canada, payments

January 8, 2025 @ 7:38 pm By Omar Faridi  |  

Assetz Capital has announced the launch of 9.35%+ development finance rates via a renewed partnership with Brickflow – the digital marketplace for specialist property finance. Brickflow’s interface with advanced search and application capabilities helps brokers quickly and clearly “identify the best funding options for bridging,… Read More

 Tagged assetz capital, brickflow, development finance, digital marketplace, uk

January 8, 2025 @ 11:51 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has sued Experian (LSE:EXP) – a firm best known for its credit reports. The CFPB claims that Experien “does not take sufficient steps to intake, process, investigate, and notify consumers about consumer disputes, resulting in incorrect information on consumer… Read More

 Tagged cfpb, credit reporting, enforcement, experian

January 8, 2025 @ 8:09 am By Omar Faridi  |  

Elite, a provider of financial management and business operations solutions to the world’s law firms, announced its acquisition of Tranch, a B2B invoice automation and payments platform offering invoice management and payment options for law firms and their clients. Established back in 2021 by Philip… Read More

 Tagged acquisition, b2b, elite, financial management, invoice management, law firms, tranch

January 8, 2025 @ 7:08 am By Omar Faridi  |  

Tietoevry Banking, the provider of financial software solutions, is  announcing that it has registered with the European Payments Council as a provider of Routing and Verification Mechanisms (RVM) for Verification of Payee (VoP) solutions. Through a partnership with Movitz Payments, this will reportedly include confirmation… Read More

 Tagged european payments council, financial software, tietoevry banking, verification of payee

January 8, 2025 @ 7:06 am By Omar Faridi  |  

BRISKPE, a PayU-backed cross-border payment platform, has introduced a solution designed to meet the needs of MSMEs. This platform integrates account-to-account (A2A) transfers, card collections powered by PayU and PayPal, providing exporters, service providers, marketplace sellers and freelancers with “efficiency in managing international transactions.” By… Read More

 Tagged briskpe, cross-border payments, digitalization, msmes, small businesses

January 8, 2025 @ 6:42 am By Omar Faridi  |  

Wealthtech Addepar has shared an update focused on how to drive tax efficiency and growth with householding in Addepar Trading. Wealthtech firm Addepar explained that successful advisors help clients reach their financial goals while creating “opportunities for business growth for themselves, and their firms.” Addepar… Read More

 Tagged addepar, teaxes, wealthtech

January 7, 2025 @ 5:15 pm By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) claims that it had a solid 2024, marked by new leadership, greater connectivity and engagement with international markets, the launch of multi-year infrastructure enhancement programs, and fresh trading records that “underscore the market’s vibrancy and resilience.” HKEX introduced… Read More

 Tagged 2024 recap, hkex, hong kong, investments, outlook 2025, trading

January 7, 2025 @ 5:06 pm By Michael Wong  |  

Mashreq Pakistan, a subsidiary of the UAE’s Mashreq Bank, has secured a restricted license from the State Bank of Pakistan (SBP) to commence pilot operations as a digital retail bank in the country. The approval marks a significant milestone in Mashreq’s expansion and highlights its… Read More

 Tagged digital bank, mashreq bank, Mashreq Pakistan, pakistan