Global

March 24, 2024 @ 5:42 pm By Omar Faridi  |  

Zurich Insurance Group has announced the launch of its first European Long-Term Investment Fund (ELTIF 2.01), aimed at providing individual investors and life insurance customers with access to opportunities in the asset class of private debt, “traditionally only available to professional investors.” The Fund is… Read More

March 23, 2024 @ 5:56 pm By Omar Faridi  |  

For most of the research that Chainalysis release in their annual Crypto Crime Report, the data tells “a clear story.” For instance, funds sent to ransomware operators, darknet markets, or sanctioned entities can be measured and trends “can be analyzed with Chainalysis labeling and data.”… Read More

March 23, 2024 @ 4:55 pm By Omar Faridi  |  

Australia’s payments provider, Zeller, and the global enabler of restaurant POS systems, Oracle, have come together to provide restaurateurs with a complete solution for managing orders and securely taking payments at speed. For food and beverage venues across the country, this new integration that connects… Read More

March 23, 2024 @ 3:48 pm By Omar Faridi  |  

KPMG UK launches the fourth edition of its Financial Services Regulatory Barometer, providing a biannual measure of the regulatory pressure faced by financial services firms in the UK and EU. The latest aggregate Regulatory Impact Score “stands at 7.3 (out of 10), up from 7.2… Read More

March 23, 2024 @ 3:42 pm By Tony Zerucha  |  

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

March 23, 2024 @ 8:13 am By Omar Faridi  |  

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

March 23, 2024 @ 8:12 am By Omar Faridi  |  

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

March 23, 2024 @ 8:03 am By Michael Wong  |  

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

March 23, 2024 @ 6:36 am By Omar Faridi  |  

Bank of Ireland is warning that ‘money-muling’ – or allowing a bank account to be used to transfer stolen money for a fee – can lead to a criminal record and impact travel or employment prospects. The warning comes as some students “will be planning… Read More

March 23, 2024 @ 2:22 am By Omar Faridi  |  

NatWest will work with JS Group, an innovative partner to universities with a track record of improving the delivery of specialist student funds and of strengthening student engagement, to support more students as they progress within the UK’s higher education system. It’s said to be… Read More

March 22, 2024 @ 11:45 am By Omar Faridi  |  

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

March 22, 2024 @ 11:10 am By Omar Faridi  |  

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

March 22, 2024 @ 10:45 am By Omar Faridi  |  

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

March 22, 2024 @ 10:08 am By JD Alois  |  

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

March 22, 2024 @ 7:42 am By Omar Faridi  |  

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

March 22, 2024 @ 7:40 am By Omar Faridi  |  

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

March 21, 2024 @ 11:04 pm By Omar Faridi  |  

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

March 21, 2024 @ 11:01 pm By Omar Faridi  |  

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

March 21, 2024 @ 6:20 pm By Omar Faridi  |  

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

March 21, 2024 @ 2:07 pm By Omar Faridi  |  

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