General News

October 28, 2024 @ 8:04 am By Tony Zerucha  |  

The Retail Alliance Foundation has  announced its official launch as a non-profit coalition committed to reshaping the future of a transparent and equitable gift card and loyalty economy. In partnership with BFG Labs, the organization will launch and govern the Retail Alliance Network, which aims… Read More

October 27, 2024 @ 10:43 pm By Omar Faridi  |  

IAIM has partnered with Holtara in order to further embed sustainable lending best practice. Investec Bank plc recently announced that its Alternative Investment Management business (IAIM) has entered a partnership with sustainability services provider Holtara, part of the Apex Group. The partnership will seek to… Read More

October 27, 2024 @ 4:46 pm By Omar Faridi  |  

International law firm Proskauer revealed the results of its Q3 2024 Private Credit Default Index, with an overall default rate of 1.95%. As mentioned in the latest update from Proskauer, the Q3 default rate is a decrease from 2.71% in the prior quarter. However, Proskauer… Read More

October 25, 2024 @ 4:10 pm By Omar Faridi  |  

Consumers are not holding back on holiday spending this year – but they are taking a “more deliberate approach” to the purchases they make, according to  research from Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. The research study,… Read More

October 24, 2024 @ 8:05 pm By Omar Faridi  |  

Criminals appear to be reverting to old-school tactics but with certain new twists, according to payments company Visa’s (NYSE: V) State of Scams Report. The latest Visa Threats Report highlights “emerging” scams targeting consumers, merchants and financial institutions. Ahead of Money20/20 US, Visa, a global… Read More

October 24, 2024 @ 8:04 pm By Omar Faridi  |  

Research and key insights released by Adyen (ADYEN:AMS), the global financial technology platform of for international businesses, reveals 40% of consumers have already, or are planning to, “unsubscribe” from services and products they’ve set up recurring payments with over the “next 12 months.” The data… Read More

October 24, 2024 @ 3:35 pm By Omar Faridi  |  

Research has revealed that so-called era of generous return and refund policies is over. This, according to an update from Riksified (NYSE:RSKD), which revealed that 84% of merchants find abuse harder to detect, driven by new Dark Web “Robin Hoods” and GenAI. Riskified, a key player… Read More

October 24, 2024 @ 3:22 pm By Omar Faridi  |  

Tim Clarke, Lead Analyst, Private Equity at PitchBook, noted that the M&A recovery that commenced in Q4 2023 is now “gaining steam.” Tim Clarke from PitchBook pointed out in an extensive research study that with the first nine months of the year now in the… Read More

October 23, 2024 @ 9:33 am By Omar Faridi  |  

NatWest continues to support the European energy transition with €450 million financing of solar power projects in Southern Europe. NatWest has recently teamed up with Glennmont Partners in order to finance the construction of 17 solar photovoltaic projects across Spain, Italy and Portugal with a… Read More

October 22, 2024 @ 3:08 pm By Michael Wong  |  

The Crowdfunding Professionals Association (CfPA) has commenced its highly anticipated 2024 Regulated Investment Crowdfunding Industry and Leadership Summit in Washington, D.C., signaling a pivotal moment for the crowdfunding sector. The two-day event, held from October 22 to 23, aims to unite industry experts, business leaders,… Read More

October 21, 2024 @ 9:17 pm By Omar Faridi  |  

Three in four business professionals in the tech sector (74%) believe that the results of the upcoming US election will have a significant impact on the US tech industry’s ability to stay ahead or relevant when compare to their international competitors. Ernst & Young LLP… Read More

October 18, 2024 @ 12:45 pm By Omar Faridi  |  

The mood or overall sentiments among Chief Executive Officers (CEOs) of Germany based firms regarding the economic situation remains tense. This, according to an extensive update from KPMG. Only a good three out of four (77%) company leaders still have “confidence in their firm’s overall… Read More

October 15, 2024 @ 8:12 am By Omar Faridi  |  

PitchBook has shared key insights that focus on developments in the Fintech and payments ecosystems. The PitchBook report pointed out that Fintech performance has rebounded with shares of public fintech firms closing higher during Q3 of 2024, tracking the “broader” stock market’s rebound. PitchBook also… Read More

October 14, 2024 @ 11:44 am By Omar Faridi  |  

A Bank of America (NYSE: BAC) study reveals that the vast majority or almost 80% of U.S. based business owners are now anticipating revenue growth in the coming year. Bank of America noted in an extensive update, covering all key demographics in the United States,… Read More

October 14, 2024 @ 7:55 am By Omar Faridi  |  

Innovate Finance, the industry body representing the Fintech community in the UK, and Vested Impact have released The Fintech Impact Report 2024, prepared in collaboration with Accenture, assessing the impact UK FinTech has on the “economy and society.” This latest report measures the Fintech ecosystem’s… Read More

October 12, 2024 @ 12:06 pm By Michael Wong  |  

In the wake of Hurricanes Helene and Milton, individuals nationwide are contributing to storm relief efforts, with many making monetary donations to charities claiming to assist affected communities. The Federal Trade Commission (FTC) is urging the public to exercise caution to avoid falling victim to… Read More

October 10, 2024 @ 12:18 pm By Michael Wong  |  

Finance teams are facing increasing strain as economic pressures and evolving business demands challenge their ability to meet both strategic goals and operational responsibilities, according to new research from cloud-based purchase-to-pay (P2P) automation provider Yooz. The 2024 Yooz Survey: Beyond the Balance Sheet, conducted by… Read More

October 8, 2024 @ 3:34 pm By Omar Faridi  |  

Experian Consumer Services announcing a partnership with Oakbrook, a non-bank consumer lender, to offer debt consolidation loans on the Experian Marketplace by reportedly using Paylink’s ReFi tech. This recently announced collaboration is said to mark a significant milestone in improving financial inclusion and unlocking access… Read More

October 7, 2024 @ 10:21 am By JD Alois  |  

During World Investor Week (WIW) 2024, which starts today, the Securities and Exchange Commission issued a statement advising investors to be careful in seeking investing information. The SEC is the national coordinator in the US, partnering with the Commodity Futures Trading Commission (CFTC), Financial Industry… Read More

October 6, 2024 @ 6:29 pm By Omar Faridi  |  

PitchBook has shared an extensive update that takes a closer look at European Unicorns (firms / startups valued at $1 billion or more). PitchBook recently shared the following key insights and takeaways from their comprehensive research report: Critical / important questions emerge, as 54% of… Read More