Global

May 20, 2025 @ 11:43 am By JD Alois  |  

CurveBlock has been approved to join the UK Digital Securities Sandbox (DSS), a project led by the Financial Conduct Authority (FCA) and the Bank of England. CurveBlock is a Leeds-based Fintech in the Proptech sector. The ambition is to pursue real estate tokenization. CurveBlock is… Read More

May 20, 2025 @ 11:30 am By Nikolay Mironenko  |  

Fraud has escalated into a major threat within the fintech sector. In 2024, global financial crime losses—including scams, cyberattacks, and identity fraud—are estimated to have reached $485.6 billion, according to Nasdaq’s Global Financial Crime Report. This surge is largely fueled by the rise of AI-driven… Read More

May 20, 2025 @ 11:15 am By JD Alois  |  

Tomorrow (May 21st), the UK government will release its monthly inflation numbers. As of March, the annual rate of inflation is trending at 2.6%. The Bank of England holds a mandate to move inflation down to 2% but last month the Bank decided to cut… Read More

May 20, 2025 @ 11:05 am By JD Alois  |  

Kraken is now offering crypto perpetual futures in the European Economic Area (EEA). The crypto exchange says it is the first platform to offer this regulated feature. Kraken will offer the derivatives through Payward Europe Digital Solutions (CY) Ltd – a Cyprus-based MiFID II-regulated entity…. Read More

May 20, 2025 @ 9:43 am By Omar Faridi  |  

Veratad Technologies, a global enabler of identity verification, age verification, fraud prevention, and compliance solutions, is pleased to announce the completion of its SOC 2 Type 2 examination. This milestone reinforces Veratad’s dedication “to earning and maintaining the trust of its global clients through rigorous… Read More

May 20, 2025 @ 9:18 am By JD Alois  |  

QuantumLight, founded by Nik Storonsky, co-founder and CEO of digital bank Revolut, has announced the closing of a $250 million venture capital fund. According to a release, the money will be utilized to invest in firms in the AI, Web3, Fintech, SaaS and Healthtech sectors…. Read More

May 20, 2025 @ 9:14 am By Omar Faridi  |  

Klarna, the AI-powered global payments and commerce network, announced its Q1 2025 results, unveiling consumer milestones, surging market traction, and exceptional returns from its AI strategy. Klarna is a Fintech that is widely expected to list its shares in an initial public offering (IPO) later… Read More

May 20, 2025 @ 8:42 am By Omar Faridi  |  

Droit, a technology firm at the forefront of computational law and regulation, now supports LSEG’s Global Shareholding Disclosure Data in its Position Reporting product. The data, paired with Droit’s rules logic, enables financial institutions to efficiently “automate their regulatory reporting of shareholder disclosures in one… Read More

May 20, 2025 @ 7:41 am By Omar Faridi  |  

The European Investment Fund (EIF), part of the European Investment Bank (EIB) Group, has signed an agreement with BNP Paribas Leasing Solutions to provide a portfolio guarantee of up to €200 million. Supported by the InvestEU program, this initiative aims to enhance access to business… Read More

May 20, 2025 @ 7:40 am By Omar Faridi  |  

MeaWallet, a digital payments enabler specializing in card tokenization, proudly announces its support for Central Cooperative Bank in launching Click to Pay push provisioning functionality for its customers. This feature will enhance the digital payments experience “for users by enabling seamless card enrolment into Click… Read More

May 20, 2025 @ 7:38 am By Omar Faridi  |  

Experian, the money platform, has revealed the transformative impact ReFi powered loans are having on UK consumers. As of May 2025, ReFi technology has “enabled the lending of over £70 million in debt consolidation loans.” Since becoming part of the Experian credit comparison marketplace in… Read More

May 19, 2025 @ 10:55 pm By Omar Faridi  |  

UK’s digital bank Monzo has launched a new feature that empowers customers to cancel bank transfers almost instantly if they spot an error. This development, aimed at addressing a problem costing Brits an estimated £825 million annually, is set to redefine how users manage their… Read More

May 19, 2025 @ 10:51 pm By Omar Faridi  |  

EV payment specialist Paythru has partnered with global fintech Adyen to co-develop a next-generation, omni-channel payments platform for EV charging. The collaboration aims to address the problem of inconsistent EV charging payments – where EV drivers “face different payment methods at different charge points –… Read More

May 19, 2025 @ 5:38 pm By Omar Faridi  |  

Global insurtech bolttech announced its partnership with Sumitomo Corporation, one of Japan’s largest trading houses. The two companies will enter a joint venture to “deliver technology-enabled embedded solutions to distribution partners” across a number of markets in Asia. The technology-enabled embedded solutions will enable distribution partners… Read More

May 19, 2025 @ 9:53 am By JD Alois  |  

Folk2Folk, a peer-to-peer lender that claims title of being the largest in the UK, having facilitated over £764 million in loans since inception, says it is experiencing a “surge” in transfers to its Innovative Finance ISA (IFISA). Folk2Folk reports almost £77 million of investment into… Read More

May 19, 2025 @ 8:41 am By Omar Faridi  |  

Global digital payment solutions provider Checkout.com has entered a strategic partnership with du Pay, one of the UAE’s fintech platforms focused on advancing financial inclusion and accessibility. This collab enables du Pay to leverage Checkout.com’s robust and scalable payments infrastructure to deliver “high performance payments and… Read More

May 19, 2025 @ 8:39 am By JD Alois  |  

Bitstamp, a crypto exchange that claims to be the longest-running in the world, has gained a Crypto Asset Service Provider (CASP) license. The license means the company can operate under the EU’s Markets in Crypto-Assets (MiCA) regulation. The Commission de Surveillance du Secteur Financier (CSSF)… Read More

May 19, 2025 @ 7:22 am By Tony Zerucha  |  

Infosys (NYSE: INFY) has announced an expansion of its strategic collaboration with DNB Bank ASA  (DNB), Norway’s largest bank, to accelerate its digital transformation. The collaboration will leverage Infosys’ services, solutions, and platforms, including the Infosys Finacle platform, to accelerate their IT modernization journey, improve… Read More

May 19, 2025 @ 7:15 am By Omar Faridi  |  

Nuvei, the Canadian fintech company, announces its membership in the European Payments Initiative (EPI), reportedly becoming one of the payment services providers to enable ecommerce businesses to accept Wero, EPI’s digital wallet, in their online checkouts. Wero facilitates instant account-to-account (A2A) transfers using SEPA Instant… Read More

May 19, 2025 @ 7:14 am By Omar Faridi  |  

Shojin has reportedly structured and funded our first Sharia compliant real estate investment for a residential development in Greater Manchester. They will continue to cater for global investors “seeking Sharia compliant opportunities in the UK market, particularly as real estate is one of the UK’s… Read More