Fenchurch Legal and Altify to Broaden Access to Litigation Finance Investing

Fenchurch Legal, a specialist in litigation funding for small and medium-sized UK law firms, has partnered with Altify, an alternative investment platform connecting investors with tokenized private market assets. This collab will now aim to offer investors access to Fenchurch Legal’s litigation funding investments via… Read More

KNIME’s Rosaria Silipo on AI’s Limits and the Benefits of Being Open-Source

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

Centralis Group Announces Acquisition of Admina Fund Services’ Business

Centralis Group, a global alternative asset and corporate services provider, today announced its acquisition of Admina Fund Services. Centralis explained that it partners with alternative investment firms and corporate organizations offering administrative, global expansion and governance solutions catered to clients’ unique requirements. Based in Luxembourg,… Read More

Global Trading Platform Capital.com to Expand Technology Team, Reports Steady Growth

Capital.com, the global trading platform and fintech group whose trading volumes have reportedly surpassed the $1 trillion mark in 2023, announced total client trading volumes reached over $450 billion in Q3 2024, which represents a sizeable 20% increase from Q2 2024. During the same period,… Read More

SteelFox Exploits Foxit PDF Editor, AutoCAD for Banking Data Theft and Covert Crypto Mining – Report

SteelFox has reportedly exploited Foxit PDF Editor and AutoCAD for banking data theft and covert crypto mining. Kaspersky’s Global Research and Analysis Team has uncovered a new and ongoing malicious campaign that “exploits popular software, such as Foxit PDF Editor, AutoCAD and JetBrains.” The attackers… Read More

Ecobank, Nium, Celebrate African Cross-Border Partnership

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

LendInvest Mortgages Completes Sixth Securitization of £285M UK Prime BTL, Owner-Occupied Mortgage Loans

LendInvest Mortgages completes sixth securitization of £285 million UK prime Buy-to-Let and owner-occupied mortgage loans. LendInvest plc (LSE: LINV), the UK’s platform for property finance and the parent company of LendInvest BTL Ltd and LendInvest Loans Limited, announces the completion of its sixth securitization in… Read More

Bank Customer Fraud Rates Approaching 30%: Report

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

UK’s Online Spend Expected to Exceed Last Year’s Holiday Spending Activity by £1.1 Billion – Report

Analysis by Experian and Reward reveal key shopping trends ahead of crucial ‘Golden Quarter.’ Informative and timely insights from Experian, in partnership with Reward, reveal that consumers – despite the festive tradition of heading to the high street – are likely to do “more of… Read More

Marosa Secures Investment from Aquiline to Enhance VAT Compliance Solutions

Marosa 2024 S.L., a provider of VAT compliance and invoicing solutions, announced it secured a €12 million investment from Aquiline, a private investment firm specializing in financial services and tech. This funding represents Marosa’s “external” capital raise and will help accelerate its growth strategy, expand… Read More

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