Global

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

University of Cambridge Startup RegGenome Launches AI-Powered Data Repository

This past week, RegGenome, a University of Cambridge commercial spin-out, launched its enriched regulatory data repository powered by GenAI. The solution utilizes advanced AI technologies to power regulatory solutions and support sustainable business operations. The imbalance of regulatory turbulence and compliance capabilities is driving the need… Read More

Regtech iProov Achieves FIDO Alliance Certification for Face Biometric Identity Verification

iProov, a provider of science-based biometric identity solutions, announces that its Dynamic Liveness Solution, the science powering the iProov Biometric Solution Suite’s Remote Onboarding and Authentication solutions, is the first to achieve the new global certification on face biometric identity verification from the FIDO Alliance…. Read More

Viva.com Teams Up with Belgian Beobank, Expanding European Operations

Viva.com, Europe’s acquirer powering payments across 24 countries and any device, and Beobank, a Belgian bank offering personalized products and services to 765 000 individuals clients, self-employed individuals, and SMEs in Belgium, announced a partnership aiming to advance local SMEs’ digital evolution and business growth…. Read More

Fintech Klarna and Sainsbury’s Partnership Supports Interest-Free BNPL to Argos, Habitat, TU

Klarna, the AI-powered global payments network and shopping assistant, has partnered with Sainsbury’s PLC which will see its payment methods available at the online checkouts of three iconic brands: Argos, Habitat and TU. Shoppers will be able to choose “from Klarna’s three interest free payments;… Read More

UK’s NatWest Launches Cora+, the Generative AI Update to Bank’s Digital Services

NatWest is announcing the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. NatWest is to introduce the new version of Cora during London Tech Week and will “be one the first banks in the UK to deploy generative… Read More

UK’s Digital Bank Tandem Reports Second Year of Profitability

Tandem Bank reveals that it has delivered a second year of profitability as increasing numbers of mainstream consumers choose the Bank to help reduce their carbon footprint while saving money. Tandem’s savings products are described as “a smart and secure home for savers’ money.” They… Read More

Gaming, Payments Top Fraud Areas: AU10TIX

AU10TIX, a provider of identity verification and management, this week released its Q1 2024 Global Identity Fraud Report. Drawing insights from millions of transactions processed around the globe from January to March 2024, the report uncovers significant trends in large-scale organized identity fraud. Most notably, the online gaming industry’s share… Read More

GenAI Adoption: boost.ai to Support US based Credit Unions, Enters Partnership with Pindrop

Conversational AI provider boost.ai announced Credit Union of Colorado and Desert Financial Credit Union (DFCU) as new customers alongside a partnership with Pindrop, industry participants focused on voice security solutions. The news reinforces the company’s continued growth in “the US market, following its recent launch… Read More

World ID Holders in Spain Reportedly Support Worldcoin Return

A survey of more than 21,000 people in Spain, the “first of its kind” to give a voice to Worldcoin users, shows just how “important” digital proof of humanness has “become in the country—and the extent to which people recognize the value provided by World… Read More

BNPL Regulations in Australia: Government Introduces Consumer Protection Legislation for Buy Now Pay Later Products

The Government in Australia reportedly introduced new consumer protection legislation for Buy Now Pay Later (BNPL) that will see BNPL operators “regulated as consumer credit.” Most BNPL products are “not currently covered by the National Consumer Credit Act (Credit Act) meaning these providers are not… Read More

NPCI International Payments and Central Reserve Bank of Peru to Enable UPI-like Real-Time Transactions

NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have announced a partnership to enable the deployment of a UPI-like real-time payments system in Peru. This collaboration marks a significant milestone, “making Peru the first country in South America to adopt… Read More

Balerion Space Ventures Fund Nears Close, OurCrowd Provides Access to Investors

Space and space entrepreneurship is a hot sector of innovation. Beyond the high-profile space ventures being pursued by Elon Musk and Jeff Bezos, the “space economy” represents a significant opportunity for firms seeking to provide services or technology to advance space exploration and science. According… Read More

UK Payment Systems Regulator Appoints Interim MD, Payments Association Calls for Immediate Changes in Strategy

Last week, Chris Hemsley announced his exit as Managing Director of the Payment Systems Regulator (PSR). Replacing Hemsley is Interim Managing Director David Geale, who takes over today (June 10th). The PSR said that Hemsley was leaving the agency to become a director with Fingleton,… Read More

Regtech Trulioo Teams Up with BDSwiss for Person Match and Watchlist Screening Capabilities

Trulioo, an identity platform with global coverage for person and business verification, announced a partnership with BDSwiss for Person Match and Watchlist Screening capabilities across EMEA, Asia and the Americas. The financial institution, which offers foreign exchange (forex) and “contract for difference” investment services to… Read More

Coinbase Introduces App to Automate Advanced Crypto Trading Strategies

Digital asset firm Coinbase (NASDAQ:COIN) is introducing the Coinbase Advanced Trade Go SDK. The Advanced Trade Go SDK from Coinbase is described as being “a flexible sample application that allows customers to automate their crypto trading strategies on Coinbase Advanced.” This SDK is built on… Read More

Papara/DriveWealth Partnership Gives Turks Real-Time U.S. Market Access

This week, Turkish Fintech Papara, announced a partnership with DriveWealth. The union allows Papara’s 20 million users to invest in real-time in U.S. stocks on the Nasdaq and NYSE starting in October. Since 2020, the number of retail investors in Turkey has surged from 1.2… Read More

Majority of Consumers Believe Future of Money Is 100% Digital – Research Report

Visa (NYSE: V) recently released a new 2024 Consumer Segment Analysis report unveiling the top digital maturity trends shaping consumers’ financial behavior and how issuers “can keep pace with consumer expectations for seamless, secure digital payments.” Visa’s latest report, in collaboration with Ipsos, provides issuers… Read More

Revolut Introduces Wealth Protection to Prevent Unauthorized Access to Client Savings

Revolut, the global fintech with over 8 million UK customers and 40 million globally, is  introducing Wealth Protection, which is described as an extra layer of in-app identity verification, designed to prevent thieves from accessing customer savings within the Revolut app. Wealth Protection will help… Read More

UK’s CapitalRise Appoints Stuart Peel to Board of Directors

UK’s prime property finance firm CapitalRise has reportedly appointed Stuart Peel to its board of directors. Peel, who has been with CapitalRise since July of 2020, will also retain his present role as finance director of the firm. Before joining CapitalRise, Peel had spent several… Read More

NCR Atleos Corp Deploys Multi-Bank Deposit ATMs Across the United Kingdom

NCR Atleos Corporation (NYSE: NATL), a firm focused on expanding self-service financial access for financial institutions, retailers and consumers, announced it has deployed its first multi-bank deposit ATMs in the UK. Deposit-taking ATMs are vital “for cash-reliant UK consumers.” Atleos is initially deploying deposit-taking ATMs… Read More

Send this to a friend