August 16, 2024 @ 3:16 pm By Omar Faridi  |  

Kaspersky has detected an online fraud campaign aimed at stealing cryptocurrency and sensitive information by exploiting popular topics such as web3, crypto, AI, online gaming, and beyond. Targeting individuals worldwide, the campaign is believed to “be orchestrated by Russian-speaking cybercriminals and spreads info-stealing and clipper… Read More

 Tagged ai, crypto, fraud, kaspersky, Web3

August 16, 2024 @ 1:14 pm By Omar Faridi  |  

The points, miles and perks that have come to define the modern credit card marketing playbook are being replaced by cashback rewards and lower fee cards as cardholder financial health1 grows increasingly strained. According to the J.D. Power 2024 U.S. Credit Card Satisfaction Study, “only… Read More

 Tagged credit card, financial health, jdpower, research

August 16, 2024 @ 1:11 pm By Omar Faridi  |  

Digital bank Revolut has reportedly secured a $45 billion valuation in a share sale by company workers, beating an overall fintech industry downturn and solidifying its position as Europe’s most valuable startup venture. This, as the UK government aims to convince it to pursue a… Read More

 Tagged banking, digital bank, revolut, uk, united kingdom, valuation

August 16, 2024 @ 10:16 am By Omar Faridi  |  

PensionBee noted that the new Chancellor Rachel Reeves has announced the end of the Winter Fuel Payments for those not receiving Pension Credit. PensionBee explained that the one-off yearly payments have helped pensioners “with the often higher cost of heating in the winter months.” Pension… Read More

 Tagged payments, pension credit, pensionbee, uk, united kingdom

August 16, 2024 @ 9:55 am By JD Alois  |  

European investing App Peaks has raised €1.38 Million on Republic Europe topping its initial goal of €1,000,000. According to the offering page, Peaks was selling equity at a pre-money valuation of €52 million. Investors in the securities offering numbered 2128, aquiring a 2.55% equity stake… Read More

 Tagged neobank, peaks, republic europe

August 16, 2024 @ 8:33 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, is announcing an expanded partnership with Tekmetric, an automotive repair shop management solution empowering auto repair businesses nationwide. Now, the thousands of auto repair shops that use Tekmetric’s platform, powered by… Read More

 Tagged affirm, bnpl, payments, tekmetric

August 16, 2024 @ 8:20 am By JD Alois  |  

Following the announcement that Apple (NASDAQ:AAPL) will open up its NFC ecosystem to outside payments providers, UK Fintech Curve has announced its intent to join the giant tech firm’s platform. Curve CEO and founder Shachar Bialick has issued the following statement: “We welcome Apple’s latest announcement,… Read More

 Tagged apple, curve

August 15, 2024 @ 2:37 pm By Omar Faridi  |  

Modern Treasury, essential infrastructure for the new era of payments, announced that it has expanded instant payments support for mutual customers of six banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. Bank and Wells Fargo. Instant payments, powered by the… Read More

 Tagged modern treasury, payments

August 15, 2024 @ 9:59 am By JD Alois  |  

Core banking provider 10X Banking and LTIindree, a consulting firm, have announced a global partnership. According to a statement issued by the two firms, the partnership aims to fuel the utilization of the core banking product. LTIMindtree has set up a new global practice of… Read More

 Tagged 10x banking, banking, ltimindtree, uk, united kingdcom, united kingdom

August 15, 2024 @ 9:48 am By Omar Faridi  |  

Capchase notes in a blog post that Tekpon is an online marketplace for software solutions across sectors. Their platform connects businesses with the software solutions “that are right for them, featuring user reviews, product overviews, and ratings that help buyers cost-effectively optimize their software stack.”… Read More

 Tagged capchase, installments, payments, tekpon