Global

June 5, 2023 @ 11:34 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, announces the launch of Payout Services. This offering reportedly “enables Adyen’s customers to payout acquired funds in the preferred method of their affiliated users or partners with increased velocity, and represents Adyen’s… Read More

June 5, 2023 @ 10:21 am By JD Alois  |  

A UK All-Party Parliament Group (APPG) has published a report on crypto or digital assets. In brief, the report states that crypto is here to stay and requires comprehensive regulation. The report is entitled ‘Realising Government’s Vision for the UK To Become a Global Hub… Read More

June 5, 2023 @ 9:36 am By JD Alois  |  

A survey completed by CRIF says the youth in the UK are more interested in adopting digital banking in comparison to their continental Europe counterparts. The research claims one in five (21%) of those aged 18-34 in the UK would now choose a bank based… Read More

June 5, 2023 @ 9:19 am By Omar Faridi  |  

AAZZUR, an innovative embedded finance integrator, has collaborated with Salt Edge, a leading open banking platform, to enrich its open banking offers and accelerate go-to-market for its clients. The collaboration will see Salt Edge’s open banking technology and compliance solution integrated “into AAZZUR’s embedded finance… Read More

June 5, 2023 @ 8:44 am By JD Alois  |  

PayFuture has received an Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA). PayFuture states that with the EMI license, it will start to offer a suite of payment products, including the ability to issue electronic money, facilitate digital payments, and money… Read More

June 5, 2023 @ 8:35 am By JD Alois  |  

Giesecke+Devrient (G+D) has become a “Digital First integrator” as part of the Mastercard Engage network. G+D says it has expanded its role with Mastercard to facilitate digital payment solutions. Founded in 1852, G+D is a global security technology group headquartered in Munich. G+D develops technology… Read More

June 5, 2023 @ 8:27 am By Omar Faridi  |  

Crypto.com announced that it has received its Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS). This announcement follows Crypto.com “receiving its in-principle approval from MAS in June 2022.” With this license, Crypto.com can “continue to… Read More

June 5, 2023 @ 8:24 am By Omar Faridi  |  

Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, announced an integration with the single euro payments area (SEPA) network, allowing members the seamless movement of funds in Euros (EUR). First introduced in 2008 and comprising 36… Read More

June 5, 2023 @ 8:22 am By Omar Faridi  |  

Online pension provider PensionBee launches its new protection insurance offering in partnership with the UK’s tech-driven life protection specialist, LifeSearch. PensionBee customers can now “purchase fully digital mortgage and family life insurance, in addition to critical illness cover, via a simple compare, apply and buy… Read More

June 4, 2023 @ 11:25 pm By Omar Faridi  |  

Ismo, which says it is on a mission to make investing in the financial markets accessible to all, has secured 113% (€823,900.31) of its €725,000 target from 351 investors (at the time of writing) through its crowdfunding campaign, carried out via Crowdcube (with 9 days… Read More

June 4, 2023 @ 10:27 pm By Omar Faridi  |  

Earlier this week, N26 announced the appointment of international regulatory compliance and governance professional Déborah Carlson-Burkart to its Group Supervisory Board. Déborah will reportedly work closely “with existing board members Marcus W. Mosen, Jörg Gerbig, Dr. Barbara Roth and Dr. Julian Deutz, as well as… Read More

June 4, 2023 @ 9:55 pm By Omar Faridi  |  

Sway, a company that aims to turn your phone into a payment terminal & accept in-person payments without transaction fees, has reportedly raised 111% (£627,157) of its £560,000 target from 335 investors (at the time of writing) through its crowdfunding campaign, carried out via Seedrs…. Read More

June 4, 2023 @ 7:58 pm By Omar Faridi  |  

Tether, the company operating the blockchain-enabled platform tether.to that powers the first and most “widely used” stablecoin, has reportedly “surpassed its previous all-time market cap high of $83.2B set in May 2022.” Paolo Ardoino, CTO of Tether, stated: “Today’s numbers demonstrate that people want access… Read More

June 4, 2023 @ 6:53 pm By Omar Faridi  |  

The team at Tencent is pleased to announce that Tencent Cloud, which is described as one of the world’s leading cloud companies, has entered into a partnership with Chainlink Labs, a developer of the Chainlink Network. This partnership will “help support the development of the… Read More

June 4, 2023 @ 5:29 pm By Omar Faridi  |  

Mortgage entrepreneur, Ying Tan, will reportedly take the position of CEO at Habito (subject to Financial Conduct Authority approval) and aim to become a significant shareholder in the business. This update comes as Habito, the digital mortgage broker and home-buying service, finalizes its most-recent round… Read More

June 4, 2023 @ 5:24 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, has reportedly enabled its customers “to save over USD 8 billion (~BRL 40 billion) in bank fees in 2022.” The data is presented in Nubank’s ESG Report 2022, published… Read More

June 4, 2023 @ 12:47 pm By Omar Faridi  |  

Sana, the AI-powered learning and knowledge platform, announced it’s landed another $28M in an opportunistic investment round led by NEA. Workday Ventures also joined the round. With a combined total of $62M in Series B funding, the Swedish-born scaleup is now “one of the most… Read More

June 4, 2023 @ 12:21 pm By Omar Faridi  |  

Ubiquity, a global business process outsourcer for industry innovators, announces the following three executives have joined its team “to support business development across the U.S. and expand its footprint in the U.K. and Europe:” Brad Richardson as chief sales officer; John Goodale as executive director,… Read More

June 4, 2023 @ 11:27 am By Omar Faridi  |  

DivideBuy, which was recently acquired by Zopa Bank, has announced the appointment of Amanda Robinson as its new Enterprise Business Development Manager. DivideBuy’s 60-second checkout and conversion uplift tools “are delivering an increase in credit sales of up to 70%.” In February 2023, UK bank… Read More

June 4, 2023 @ 6:17 am By Omar Faridi  |  

insightsoftware, a global provider of reporting, analytics, and performance management solutions, announced the evolution of Longview Tax with capabilities for BEPS 2.0 Pillar Two. Organizations can “implement the comprehensive solution for all tax reporting challenges, or opt for a new standalone offering for BEPS 2.0… Read More