March 5, 2025 @ 11:31 am By Omar Faridi  |  

Friendly fraud has become a pressing issue for businesses, particularly in the fast-evolving world of e-commerce. This, according to a new report released by Juniper Research. Unlike traditional fraud involving stolen payment details, friendly fraud occurs when legitimate customers dispute valid transactions, often claiming non-delivery… Read More

 Tagged chargebacks, friendly fraud, juniper research, Research Report

March 5, 2025 @ 8:42 am By Omar Faridi  |  

The Bank of Israel released its preliminary design for the Digital Shekel System and sees public feedback. At the end of 2024, the digital shekel project reached a major milestone with the completion of a high-level design for the DS. The design document is being… Read More

 Tagged bank of israel, cbdcs, digital currency, digital shekel, israel

March 4, 2025 @ 7:49 pm By Tony Zerucha  |  

Q2 Holdings (NYSE:QTWO), a provider of digital transformation solutions for financial services, has released the 2025 Retail Banking Trends and Priorities report, authored by Jim Marous and published by Digital Banking Report. This report details important retail banking trends and priorities, providing a roadmap for financial institutions as they navigate… Read More

 Tagged digital banking, Jim Marous, Kirk Coleman, q2 holdings

March 4, 2025 @ 7:44 pm By Tony Zerucha  |  

This past week, PassEntry announced a strategic investment led by Bonsai Partners and Acurio Ventures to strengthen its digital pass issuance and enhance integrations with point-of-sale (POS) systems worldwide. The company said it expects this investment to triple its customer base and expand into five countries… Read More

 Tagged Acurio Ventures, Ander Michelena, Javier Cebrian, Josh Shepherd, Nico Cary, PassEntry

March 4, 2025 @ 7:41 pm By Michael Wong  |  

UAE-based Fintech Flow48 has secured $69 million in a Series A funding round comprising debt and equity, as it seeks to scale its SME financing solutions in the Middle East and North Africa (MENA). The round was led by Breega and included participation from 212,… Read More

 Tagged fintech, Flow48, mena, online lending, sme lending, uae

March 4, 2025 @ 2:25 pm By Omar Faridi  |  

Betterment Advisor Solutions (BAS), the “all-in-one” custodian for modern RIAs, has recently announced the launch of an all-digital solo 401(k), designed for independent advisors and their self-employed clients. Betterment‘s solo 401(k) is built upon its existing “record keeping system that today powers Betterment at Work.”… Read More

 Tagged betterment, custodian, digital financial services, rias

March 4, 2025 @ 11:36 am By JD Alois  |  

Digital banking enabler myTU says it has raised €10 Million in an oversubscribed Series A funding round. The Fintech said its original target had been €9 million. myTU raised money at a pre-money valuation of €35 million. The funding round was backed by existing investors… Read More

 Tagged banking, europe, funding round, lithuania, mytu

March 4, 2025 @ 10:50 am By JD Alois  |  

Balderton Capital has led the seed round for Cino, a real-time payments Fintech. Connect Ventures also participated as well as Barney Hussey-Yeo (founder of Cleo). The company says the funding will support Cino’s launch in the UK. Based in Estonia, Cino was co-founded by two… Read More

 Tagged cino, estonia, funding round, payments

March 4, 2025 @ 8:14 am By Tony Zerucha  |  

This week, Augie introduced a credit card that enables consumers to build credit without setting aside security deposits, paying fees, or incurring interest charges. “The credit card industry hasn’t meaningfully evolved since its inception, even though how people manage money today is completely different,” said… Read More

 Tagged Amit Thakur, app, Augie, cards, payments

March 4, 2025 @ 8:11 am By Omar Faridi  |  

Visa (NYSE: V) announced that Tap to Phone has experienced “a 200% increase over the past year, supporting millions of sellers of all sizes.” In the highest Tap to Phone countries – the U.S., UK, and Brazil – adoption rates have surged, “showing a combined… Read More

 Tagged digital transactions, payments, tap to phone, visa