April 18, 2024 @ 8:38 am By Omar Faridi  |  

Revolut, the global financial app with more than 40 million customers worldwide, has  announced the release of its first Financial Crime and Consumer Security Report, containing exclusive scam and fraud insights. The report, based on extensive internal research and data analysis, “aims to shed light… Read More

 Tagged crime, fraud, revolut, scams, uk, united kingdom

April 17, 2024 @ 6:22 pm By Omar Faridi  |  

Nium, the global enabler of real-time, cross-border payments, announced that it is now registered as a Financial Services Provider in New Zealand. This pivotal step marks Nium’s entry into the dynamic financial landscape of New Zealand and reinforces its commitment “to delivering innovative financial solutions… Read More

 Tagged fintech adoption, new zealand, nium, payments

April 17, 2024 @ 6:11 pm By Omar Faridi  |  

Bridgewise, the AI-based analysis platform for global securities, has announced the completion of a $21 million funding round, bringing its total capital raised to $35 million. The investment round was reportedly “led by SIX Group with participation from Group11, L4 Venture Builder, and other global… Read More

 Tagged ai, bridgewise, funding round, research, six group

April 17, 2024 @ 6:09 pm By Omar Faridi  |  

Tuum, a core banking provider, announces its strategic expansion into the Middle East market and the creation of a regional headquarters at ADGM in Abu Dhabi. The move to expand into the Middle East “follows Tuum’s recent Series B funding round led by CommerzVentures, with… Read More

 Tagged abu dhabi, adgm, middle east, tuum

April 17, 2024 @ 11:15 am By JD Alois  |  

Payments Canada has announced a new system to speed up the payments and transfer process in Canada.  Real-Time Rail (RTR) seeks to enable 24/7/365 value transfer in real-time. Payments Canada is a “public purpose organization” that operates the Canadian payments system. In 2023, Payments Canada… Read More

 Tagged fintechs canada, payments, payments canada, real time rail, redcompass labs, rtr

April 17, 2024 @ 11:00 am By Omar Faridi  |  

Mambu, a cloud banking platform, and Leeds Building Society, the fifth largest building society in the UK, have entered a strategic partnership to help Leeds modernize its core banking system. By using Mambu, underpinned by Amazon Web Services (AWS), Leeds Building Society will have “an… Read More

 Tagged banking, fintech adoption, leeds building society, mambu, uk, united kingdom

April 17, 2024 @ 10:18 am By Omar Faridi  |  

Brite Payments, an enabler of instant bank payments, announced that Luke Trayfoot has joined the company as Chief Commercial Officer (CCO), leading the Stockholm-headquartered fintech’s commercial efforts. The appointment of the former PayPal and Mangopay executive signifies “a new phase in Brite’s journey as it… Read More

 Tagged brite payments, new appointments, stockholm, sweden

April 17, 2024 @ 8:20 am By Omar Faridi  |  

Innovate UK and the British Business Bank have further strengthened their collaboration by signing a Memorandum of Understanding (MoU). As partners dedicated to fostering innovation and growth of UK businesses “across the country, this new collaboration will see the two organizations working even more closely… Read More

 Tagged british business bank, innovate uk, uk, united kingdom

April 17, 2024 @ 7:46 am By Omar Faridi  |  

Latest NatWest Regional PMI survey data showed business activity rising almost universally across the UK in March, “supported by a general upturn in demand.” Trends in employment remained “more mixed, with just over half of areas seeing growth in job numbers amid still-strong cost pressures.”… Read More

 Tagged natwest, research, uk, united kingdom

April 17, 2024 @ 7:38 am By Omar Faridi  |  

Bitpanda recently announce their strategic partnership with Landesbank Baden-Württemberg (LBBW), which is reportedly Germany’s largest federal bank and with a balance sheet of more than 330 billion Euros (as well as a key institution in the German banking sector). Through this collaboration, LBBW will “utilize… Read More

 Tagged bitpanda, digital assets, europe, germany