Global

December 5, 2023 @ 7:35 am By Omar Faridi  |  

Halfords Group PLC, the UK’s largest provider of motoring and cycling products and services has selected Kriya, the embedded finance provider, “to power payments and credit for its trade account customers.” Under the partnership Kriya will “embed its financial tools across Halfords stores, customer teams,… Read More

December 5, 2023 @ 7:32 am By Omar Faridi  |  

Nucleus Financial Platforms Group, one of the UK’s independent, adviser platform groups, has appointed Alexander Filshie as Chief Financial Officer (CFO), “subject to regulatory approval.” He starts taking over from Mike Regan who, as previously announced, “has been appointed as Chief Commercial Officer.” Mike Regan… Read More

December 4, 2023 @ 11:52 pm By Omar Faridi  |  

Alchemy Pay, the crypto payment solutions provider, has expanded its payment options in the Europe and UK regions. The introduction of the Euro Instant solution SEPA Instant and the UK fast e-money transfer solution Faster Payments enhances its On-Ramp service, “allowing users to swiftly execute… Read More

December 4, 2023 @ 11:49 pm By Omar Faridi  |  

In the latest round of the twice-yearly Survey on the Access to Finance of Enterprises (SAFE) in the euro area, covering the period from April to September 2023, firms reported “an increase in turnover, although the net percentage was lower than in the previous survey… Read More

December 4, 2023 @ 11:49 pm By Omar Faridi  |  

Globally, the peak minute of shopping occurred on Black Friday at 2:09 pm ET on November 24, 2023, according to an update shared by Square. Cities with the largest volume of sales were New York, Los Angeles, London, Chicago, and Miami. Over the Black Friday… Read More

December 4, 2023 @ 10:46 pm By Omar Faridi  |  

This past week saw several notable developments in the digital assets and blockchain space. As widely reported, the US Securities and Exchange (SEC) is seeking feedback on proposed bitcoin ETFs by Franklin Templeton and Hashdex. In other key updates, Interactive Brokers has now launched retail… Read More

December 4, 2023 @ 9:57 pm By Omar Faridi  |  

Assetz Capital has appointed Ciaran McGivern as Relationship Director for Northern Ireland following growth of our developer client base. Assetz Capital claim they have “provided £152m of property lending to the region focusing on residential development projects, office to residential refurbishment schemes and commercial mortgages.” As… Read More

December 4, 2023 @ 9:36 pm By Omar Faridi  |  

Klarna, the AI-powered payments network and shopping assistant, has partnered with  airline Cathay Pacific in order “to offer fairer, flexible payments to travellers in six countries across Europe.” The agreement is the latest in a series of travel tie-ups for Klarna “as the company aims… Read More

December 4, 2023 @ 3:22 pm By Omar Faridi  |  

Based on the insights from the SlowMist Blockchain Hacked Archive, the month of November 2023 was marked by “a significant number of security breaches within the blockchain sector.” In total, 47 distinct incidents were recorded, “cumulatively leading to a substantial loss estimated at around $349… Read More

December 4, 2023 @ 1:47 pm By Omar Faridi  |  

Accenture (NYSE: ACN) and Amazon Web Services (AWS) have announced the two companies will collaborate to help developers and enterprise customers accelerate the adoption of advanced generative AI technology. Generative AI shows promise in “transforming software development and application modernization.” Building on its AI-focused strategic… Read More

December 4, 2023 @ 10:37 am By Omar Faridi  |  

PitchBook,  a Morningstar company providing comprehensive, accurate, and “hard-to-find” data for professionals doing business in the private markets, notes in an update that VCs say AI [artificial intelligence] leads innovation, are cautiously optimistic about IPOs, and are cognizant of geopolitical risk. In a note from… Read More

December 4, 2023 @ 10:15 am By JD Alois  |  

Okoora is reporting a new office in Cyprus as it looks to broaden its services across the European Union. Okoora describes itself as a Swiss-Israeli Fintech that provides an Automated Business Currency Management (ABCM) service. This service is said to incorporate Artificial Intelligence (AI) to… Read More

December 4, 2023 @ 8:24 am By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) announced that it is setting out forbearance measures for investment company cost disclosure. The FCA says it has now set out temporary measures “to give investment companies greater ability to explain their costs and charges to help consumers make… Read More

December 4, 2023 @ 7:55 am By Omar Faridi  |  

Visa (NYSE: V) announced the results of its 2023 U.S. edition of the Visa Global Travel Intentions Study, revealing emerging trends “in consumer behaviors and preferences for outbound and inbound cross-border travel.” Travel has surged post-COVID and there are “no signs of retreating, despite rising… Read More

December 4, 2023 @ 7:51 am By Omar Faridi  |  

S Group, the Finnish retail market firm, is set to enhance customer experiences through an extensive partnership with Adyen (ADYEN:AMS), the global financial technology platform of choice for leading businesses. S Group offers everyday services “at grocery stores, hotels and restaurants, department stores, service station stores,… Read More

December 4, 2023 @ 7:50 am By Omar Faridi  |  

N26 Group shared an overview of its business and product strategy through to the year 2024. The European digital banking services provider also announced key financial figures “for the fiscal year ended December 31, 2022, as well as an outlook for the 2023 fiscal year… Read More

December 4, 2023 @ 7:50 am By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide, announced that it has been authorized as an Electronic Money Institution (EMI) by the UK’s Financial Conduct Authority (FCA). This approval follows Crypto.com’s registration “as a cryptoasset business with the FCA in… Read More

December 3, 2023 @ 10:48 pm By Michael Wong  |  

Paysend, a London-based fintech company specializing in international money transfers for both consumers and businesses, has announced a substantial $65 million funding boost in its latest round. This round was backed by influential brands, including Mastercard and TelevisaUnivision, and sees continued support from existing investors… Read More

December 3, 2023 @ 6:40 pm By Omar Faridi  |  

Estateguru reveals that they have now added Google Authenticator, which should help with providing additional security for clients’ accounts. As noted in a blog post by Estateguru, cybercrime is on the rise “in the digital age, and the days when a simple password was enough… Read More

December 3, 2023 @ 6:25 pm By Omar Faridi  |  

Julian Sawyer is CEO of Zodia Custody, a digital asset custodian backed by Standard Chartered, in association with Northern Trust and SBI Holdings. Zodia Custody provides bank-grade custody services for institutional investors in digital assets, enabling them to enter the digital asset space within the same… Read More