Global

We find Fintech news from around the world and share it with you here.

AU10TIX Q4 Report Highlights Include 22,000-hit “Mega Attack”

AU10TIX, a global technology provider of identity verification and management, recently released its Q4 Global Identity Fraud Report. Drawing insights from millions of transactions processed across 249 countries from October to December 2023, the report uncovers significant trends in large-scale organized identity fraud. This special… Read More

Stripe Extends Amazon Partnership by Enabling Payments for Retailers Using Just Walk Out Tech in Australia, Canada

Stripe, a financial infrastructure platform for businesses, announced an expansion of its Amazon (NASDAQ:AMZN) partnership by powering payments for retailers using Just Walk Out technology in Australia and Canada. Amazon’s Just Walk Out technology is “designed to be an effortless shopping experience. The guest enters… Read More

Over £50 Billion in Pension Savings at Risk of Being Lost in the UK – PensionBee Report

New analysis conducted by the Centre for Economics and Business Research, on behalf of PensionBee, reveals that over £50 billion pounds in hard-earned pensions are at risk of being misplaced in abandoned accounts or scattered across multiple lost pots. The new research estimates that “at… Read More

Backed Launches Tokenization Services for Financial Institutions

Backed, a key player in the tokenization of real-world assets, has unveiled a new suite of services tailored for financial institutions looking to enter the digital asset space with security and compliance at the forefront. The Swiss-based company is expanding its offerings to include the… Read More

Berlin’s Micropayment Teams Up with Fintech Platform Tink

Micropayment, the Berlin-based payment processor, has partnered with Tink, a payment services and data enrichment platform, to add Pay by Bank to its payments offering. Operating primarily in Germany, Austria, and Switzerland, Micropayment works with merchants across industries “including fundraising and non-profit, digital services, gaming… Read More

Brightflag, an AI-enhanced Legal Operations Platform, Releases Insights from Legal Operations Compensation Survey

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

Now in its third year, Brightflag’s annual Corporate Legal Operations Compensation Report captures data to help legal operations professionals, General Counsel, and HR leaders better understand fair market compensation and recent salary trends. The survey that forms the basis of the report was conducted in… Read More

Coinbase Introduces Option for Travel Rule Universal Solution Technology (TRUST)

Coinbase (NASDAQ:COIN) is pleased to announce the introduction of a new, no-fee membership option for the Travel Rule Universal Solution Technology (TRUST) – the global, industry-driven Travel Rule solution that prioritizes customer security and privacy. TRUST is the world’s Travel Rule solution, born out of… Read More

Bpifrance Shutters TousNosProjets Platform, an Aggregrator of Offerings on Crowdfunding Platrforms

Bpifrance has decided to shut down its crowdfunding marketplace TousNosProject.fr. Launched in 2015, at one point, it was reported that approximately 1000 projects were listed on the aggregator site. An early supporter of crowdfunding, Bpifrance is a state-managed venture capital firm. The entity also supports… Read More

Regtech Trulioo Reports Latest Identity Match Rate Performance Supported by Data Science

Trulioo, an identity platform with global coverage for person and business verification, announced its latest match rate performance supported by data science, market expertise and ongoing innovation. The Trulioo platform’s Person Match verification capability reportedly delivers flexible, intelligent data routing and sequencing with machine learning… Read More

Switzerland: SIX Announces Investment in BITA, Expands Indexing and Tech Partnership

SIX, the global financial information provider, and BITA, a provider of indexing technology and services, announced that SIX has made a strategic investment in BITA to strengthen a series of existing joint projects and accelerate the expansion of SIX’s global benchmark platform. Existing BITA shareholders,… Read More

Cross-Border Payments: Mastercard Expands Payment Solutions with China’s Alipay

Mastercard (NYSE: MA) continues to expand its cross-border payment solutions with a new connection to Alipay, China’s digital open platform under Ant Group. The move comes as consumers increasingly “look for ways to send money across the globe quickly and securely.” Insights from Mastercard’s Borderless… Read More

Swift to Provide Confirmation of Payee Service for Australian Payments Plus

Swift announced it has been selected to build a service that will reduce the risk of misdirected payments and increase defenses against payment fraud, providing Australians with more confidence when sending money. Swift, which built and runs the NPP, was chosen by Australian Payments Plus… Read More

Hyperledger Foundation Announces Citi and Brazilian Development Bank as New Members

Hyperledger Foundation, the open, global ecosystem for enterprise-grade blockchain technologies, announced Citi and the Brazilian Development Bank (BNDES) as new members. Additionally, the foundation unveiled a new Hyperledger Besu Financial Services Working Group, chaired by DTCC, that will “support operationalizing the open source Ethereum client… Read More

Trustly and MoneyGram International Introduce Cardless Payments for Clients Across Europe

Trustly, a global firm focused on innovative payment solutions, announced a partnership with MoneyGram International, Inc., a financial technology company that connects the world’s communities. Through this strategic alliance, MoneyGram introduces cardless payments for millions of its users across Europe. When sending international money transfers… Read More

Research by Regtech Sumsub Unveils Alarming Surge of Fraud Networks Across Multiple Regions

Research by Sumsub, a global verification platform with 1B+ identities database, shows an alarming surge of fraud networks across multiple regions. The company discovered the trend prior to “launching its upgraded comprehensive Fraud Prevention Solution aimed to help businesses fight fraud networks and other rising… Read More

EstateGuru Highlights Best Project of 2023 Out of 430 Funded Firms

EstateGuru, an online investment platform providing debt capital, has issued a comment on the “Project of the Year 2023.” The marketplace shares that 430 issuers raised money on the platform from projects in Estonia, Finland, Latvia, and Lithuania. Almost €100 million was funded in 2023… Read More

British Business Bank Introduces Northern Powerhouse Investment Fund II

The British Business Bank has launched its new Northern Powerhouse Investment Fund II, a £660m fund set to cover the entire North of England. The Northern Powerhouse Investment Fund II (NPIF II), aims to “build on the success of the initial fund, with the purpose… Read More

UK Fintech Kriya Reportedly Advanced £500M to Businesses Banked by Barclays

UK Fintech Kriya is reportedly advancing £500 million to businesses banked by Barclays. Kriya has commented on their partnership in a new blog post. According to Kriya, a major part of their business success is “down to the organizations they partner with and the merchants… Read More

UK Small Businesses Faced Slower Wage Growth and Late Payments – Research Report

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

Real Estate Crowdfunding Marketplace CapitalRise Boosts Funding Capacity

CapitalRise, an online investment platform focusing on Prime property in the UK, has boosted its funding ability by 50%, according to a statement issued by the firm. While not providing hard numbers, the institutional funding is from an unnamed UK investment manager and is an… Read More

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