April 1, 2024 @ 8:55 am By Omar Faridi  |  

Form3, the cloud-native account-to-account platform, launches a new, innovative authorised push payment fraud (APP fraud) prevention solution, powered by Feedzai, the firm focused on anti-fraud and financial crime software. The new product is the first solution, “built using fully supervised machine learning, to leverage collaborative… Read More

 Tagged feedzai, financial crime, form3, fraud prevention, uk, united kingdom

April 1, 2024 @ 8:50 am By Omar Faridi  |  

Nucleus Financial Platforms, which claims to be one of the UK’s leading, independent, adviser platform and product groups, has appointed Julia Peake as Technical Manager, further strengthening its Technical Services team. Julia joins from Canada Life where she “was a technical specialist for three years,… Read More

 Tagged julia peake, new appointments, nucleus financial platforms, women changing finance

April 1, 2024 @ 8:48 am By Omar Faridi  |  

The United Kingdom is currently the sixth largest economy globally and the UK tech startup ecosystem ranks third in terms of funding raised in the first quarter of 2024, after the US and China, according to a new report. Tracxn, a global SaaS-based market intelligence… Read More

 Tagged fintech adoption, research, uk, united kingdom

April 1, 2024 @ 8:46 am By Omar Faridi  |  

The Bank of England and FCA are leading a joint transformation program with industry to transform data collection from the UK financial sector. They published a future strategy for “achieving this, encompassing the regulator’s response to industry’s recommendations.” The Bank of England and the Financial… Read More

 Tagged bank of england, fca, uk, united kingdom

April 1, 2024 @ 4:38 am By Omar Faridi  |  

Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) and Vayana TradeXchange announce a partnership to use Arqit’s TradeSecure digital negotiable instrument technology to transform international supply chains. Vayana TradeXchange is a global marketplace “facilitating the financing of cross-border trade, headquartered in GIFT City and operating under license… Read More

 Tagged arqit, digital technology, quantum, uk, united kingdom

March 31, 2024 @ 2:18 pm By Michael Wong  |  

The Reserve Bank of India is contemplating the establishment of the Digital India Trust Agency (DIGITA) in a move to combat the escalating cyber fraud. This initiative aims to clamp down on the proliferation of illicit lending applications by instituting a verification system for digital… Read More

 Tagged india, online lending, reserve bank of india

March 31, 2024 @ 1:08 pm By Michael Wong  |  

Credit card major Visa Inc. is poised to enhance its fraud-prevention capabilities by incorporating three new artificial intelligence (AI)-powered tools into its product suite for business clients, according to a Bloomberg report. This move underscores the company’s commitment to leveraging advanced technology to bolster security… Read More

 Tagged credit card, cybersecurity, fraud, visa

March 31, 2024 @ 12:21 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) recently issued a Notice to extend, for a further six months until 30 September 2024, the suspension of the use of channels that are not specifically permitted (non-specified channels by remittance companies “when transmitting money to persons in the… Read More

 Tagged china, mas, remittances, singapore

March 31, 2024 @ 11:15 am By Omar Faridi  |  

Adena Hefets, the co-founder & CEO of Divvy Homes, a Proptech company on a mission to make homeownership accessible to everyone, notes that the firm is introducing DivvyUp, which will help clients prepare for homeownership with confidence. Since Divvy’s founding in 2017, they’ve been committed… Read More

 Tagged divvy, proptech

March 31, 2024 @ 6:22 am By Omar Faridi  |  

Ten emerging technology companies have been selected to participate in the 2024 FinTech Innovation Lab New York, a 12-week program founded and run by Accenture and the Partnership Fund for New York City that helps early- and growth-stage fintechs accelerate product and business development through… Read More

 Tagged digital financial services, fintech adoption, new york, united states