Global

January 28, 2024 @ 6:56 pm By Michael Wong  |  

UAE’s Sharjah Islamic Bank (SIB) has announced a strategic partnership with Noqodi, a Fintech company and payment gateway owned by Emaratech Group, to enhance digital payment services. In a statement, the bank said the collaboration is set to substantially enhance the digital and electronic payment… Read More

January 28, 2024 @ 6:51 pm By Omar Faridi  |  

Iliad Solutions, a global enabler of payments testing, is offering support to financial institutions integrating the next SEPA Instant Credit Transfer (SCT Inst) rulebook version scheduled to go live in March 2024. To help organizations make this SCT Inst transition smoothly and keep up-to-date with… Read More

January 28, 2024 @ 11:29 am By Omar Faridi  |  

ServiceNow (NYSE: NOW), the digital workflow company making the world work better for everyone, announced today a five-year strategic alliance with Visa, a digital payments provider, to transform payment services. The initial phase includes “the launch of ServiceNow Disputes Management, Built with Visa—a single, connected… Read More

January 27, 2024 @ 4:35 pm By Omar Faridi  |  

SEON, the end-to-end fraud prevention and AML platform helping companies mitigate fraud and safeguard against revenue threats, announced the expansion of its executive leadership with the appointment of Björn Heckel as Chief Technology Officer. With more than 20 years of experience as a software engineering… Read More

January 27, 2024 @ 11:37 am By Omar Faridi  |  

Kraken, one of the world’s longest-standing and “most secure” crypto platforms, announced it is further strengthening its leadership team with two key appointments that will help position the company for continued growth amid evolving regulatory environments globally. With the appointment of Gilles BianRosa as Chief… Read More

January 26, 2024 @ 4:04 pm By Omar Faridi  |  

Nu. Colombia Financial Company, a subsidiary of Nu Holdings in the country, announced the opening of the “Launch List” for “Cuenta Nu,” its latest product, which aims to provide Colombians with a savings experience through the market’s “most competitive” offering. Cuenta Nu is a digital… Read More

January 26, 2024 @ 3:51 pm By Omar Faridi  |  

Specialist technology consultancy Lab49, an ION company, and interop.io, the interoperability provider for the finance industry, have announced a new joint implementation partnership in order “to modernize the trading desktop user experience for traders, portfolio managers, risk managers, and other financial professionals.” The new partnership… Read More

January 26, 2024 @ 11:26 am By JD Alois  |  

ieDigital is reporting that it has acquired ABAKA as part of a strategy to provide AI-powered Fintech to credit unions in the US. Typically, financial services firms like credit unions or smaller banks do not have the capacity to develop Fintech in house. Thus they… Read More

January 26, 2024 @ 11:09 am By Omar Faridi  |  

Axyon AI, an Italian AI fintech company, has closed its latest funding round led by the US-based venture capital firm Montage Ventures and accompanied by The Techshop SGR, alongside other angel investors. The investment round marks a new chapter in Axyon AI’s journey “towards revolutionising… Read More

January 26, 2024 @ 11:00 am By JD Alois  |  

Following the news that they are cutting employee headcount in Europe, Seedrs has promoted several executives while revealing the departure of its CEO. According to a blog post authored by Seedrs founder and Executive Chairman Jeff Lynn – John Lake and Joel Ippoliti have leveled up within… Read More

January 26, 2024 @ 10:33 am By Omar Faridi  |  

Taurus, a regulated securities firm, is pleased to announce that TDX, its digital asset organized trading facility, and its financial services at large are now open to retail clients following FINMA approval. In addition to professional clients, retail clients can now “create an account and… Read More

January 26, 2024 @ 10:30 am By Omar Faridi  |  

Global digital asset banking group Sygnum announced that it has raised more than USD 40 million against an initial ~USD 35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round. As of the completion of this… Read More

January 26, 2024 @ 10:16 am By JD Alois  |  

UK-based AltFi, a digital news publication covering financial technology, has announced it will be shutting down. Launched ten years ago just as Fintech was emerging as a hot sector of financial services, AltFi was known for its coverage of the UK market and annual events…. Read More

January 26, 2024 @ 9:11 am By Omar Faridi  |  

OKX Ventures, the investment arm of leading Web3 technology company OKX, today published its 2024 Bitcoin Outlook’ report. The research report forecasts a pivotal role for Bitcoin‘s Ordinals in 2024, “based on the growth of OKX Wallet’s total Ordinals trading volume in 2023, which exceeded… Read More

January 26, 2024 @ 8:54 am By JD Alois  |  

The Digital Lending Association (DLA) in Germany has added two new members: Euro ABS and GvW Graf von Westphalen. Euro ABS services the asset-backed security market globally. GvW Graf von Westphalen is a partnership of attorneys and tax consultants with offices across Germany but providing… Read More

January 26, 2024 @ 8:29 am By Omar Faridi  |  

UK neobank Science Card collaborates with UCL Mechanical Engineering to generate research funding for neurodegenerative diseases. Science Card, the home of Britain’s e-money current accounts dedicated to accelerating science and innovation, has announced the launch on its platform of a research project on neurodegenerative diseases,… Read More

January 26, 2024 @ 8:16 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), has appointed Andrew Brandman as Chief Customer Officer (CCO). Based in New York, Andrew will drive global growth by “continuing to deliver successful outcomes for Fenergo’s growing and… Read More

January 26, 2024 @ 3:56 am By Michael Wong  |  

Digital lending platform Vivifi India Finance has raise $75 million in a Series B funding round to further extend loans to the salaried class as well as small businesses in India. This latest infusion of capital comprises $15 million in equity and $60 million in… Read More

January 25, 2024 @ 6:03 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping assistant, announced its entry into the subscription service model with the launch of Klarna Plus, issued by WebBank, now available to eligible US consumers through the Klarna app “for a monthly fee of $7.99.” Klarna Plus… Read More

January 25, 2024 @ 5:57 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced recently its activation of crypto capabilities in several new international markets in Asia, Europe, North America and South America with existing clients Hapi and SogoTrade. Bakkt and stock trading platform Hapi have reportedly “broadened their active crypto trading capabilities… Read More