March 21, 2024 @ 7:37 am By Omar Faridi  |  

Small firms continue to face a challenging macroeconomic environment, as sales growth in the December festive period hit a three-year low, according to the Xero Small Business Insights (XSBI) data from global small business platform Xero – which covers the three months to December 2023…. Read More

 Tagged research, small businesses, sme's, uk, united kingdom

March 20, 2024 @ 9:38 am By Omar Faridi  |  

DNA Payments Group, an omnichannel payments company in the UK and EU, and sunday, a restaurant payment solution, have shared an update. The Fintech firms say that they will jointly exhibit on Stand h1063 at Hotel, Restaurant & Catering, ExCel in London from March 25th… Read More

 Tagged digital transactions, dna payments, online payments, sunday, uk, united kingdom

March 20, 2024 @ 8:02 am By Omar Faridi  |  

Marco, the trade finance platform catering to the needs of SME exporters in Latin America, has announced the successful closure of a $12 million Series A funding round. The investment round was reportedly “led by IDC Ventures, with additional participation from IDB Lab (the innovation… Read More

 Tagged funding round, latam, marco

March 19, 2024 @ 11:18 pm By JD Alois  |  

Galileo Financial Technologies is broadening its buy now pay later (BNPL) services by adding a post-purchase credit option. Galileo is part of SoFi (NASDAQ: SOFI), a diversified Fintech and digital bank. A pre-purchase option is already available. This new API-enabled BNPL post-purchase offering is designed… Read More

 Tagged bnpl, galileo, sofi

March 19, 2024 @ 10:09 pm By Omar Faridi  |  

FINRA announced that it has fined M1 Finance LLC $850,000 for social media posts made by influencers on the firm’s behalf that were not fair or balanced, or contained exaggerated, unwarranted, promissory or misleading claims. This case arises from FINRA’s targeted exam of firm practices… Read More

 Tagged compliance, enforcement action, finra, m1 finance

March 19, 2024 @ 10:00 pm By Omar Faridi  |  

Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of credit-push payments. Nacha governs the ACH Network, the payment system that enables Direct Deposits and Direct Payments in the US…. Read More

 Tagged ach, fraud, fraudulent activities, nacha, payments

March 19, 2024 @ 9:57 pm By Omar Faridi  |  

Eazy Financial Services, a Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, announces is collaboration with Tabby, MENA’s e-commerce and financial services apps. This partnership marks a significant milestone as EazyPay becomes “the provider of buy now pay later (BNPL)… Read More

 Tagged bahrain, bnpl, eazy financial services, mena

March 19, 2024 @ 6:22 pm By Omar Faridi  |  

Bolt, a checkout technology company, and Checkout.com, a global payment solutions provider, have announced a partnership to advance e-commerce. Through this collaboration, Bolt will become Checkout.com‘s exclusive one-click checkout provider and Checkout.com will “become Bolt’s preferred payment partner.” Checkout.com is focused on boosting “its merchant’s… Read More

 Tagged bolt, checkout.com, digital technology, payments

March 19, 2024 @ 4:13 pm By Omar Faridi  |  

Tonik, the digital bank in the Philippines, announces the appointment of Mr. Cesar O. Virtusio as a new Independent Director on the Board of its regulated bank subsidiary, Tonik Digital Bank Inc. Mr. Virtusio, an experienced professional in the Philippine and foreign banking and finance… Read More

 Tagged banking, digital bank, Philippines, southeast asia, tonik

March 19, 2024 @ 1:35 pm By Omar Faridi  |  

Global financial technology Fintech FIS (NYSE: FIS) has announced that its SecurLOCK card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy. The gains anticipated from this collaboration… Read More

 Tagged fintech adoption, fis, fraud, stratyfy