Global

March 10, 2023 @ 5:39 pm By Omar Faridi  |  

Nationwide Building Society has selected Accenture (NYSE: ACN) and Form3 to transform its digital payments infrastructure through the adoption of “a cloud native platform, aiming to enhance the customer experience with seamless, secure and fast transactions.” As digital payments continue to grow, the cost-efficient solution… Read More

March 10, 2023 @ 12:33 pm By Omar Faridi  |  

Banking as a Service (BaaS) company Synctera announced that it is partnering with the National Bank of Canada in order “to help companies build and launch FinTech apps and embedded banking products in Canada.” Synctera announced “a $15 million strategic investment, led by NAventures (the… Read More

March 10, 2023 @ 11:20 am By JD Alois  |  

Seedrs, a top UK-based investment crowdfunding platform that operates across Europe, is reporting £84 million in investment across all securities offerings during the month of February. In US dollars, this equates to over $100 million, so Seedrs could top USD $ 1 billion during 2023…. Read More

March 10, 2023 @ 8:30 am By Omar Faridi  |  

Lloyds Banking Group has invested £10 million in digital identity company Yoti, an investment which supports the development of innovative technology “to keep people safe online, tackle the ever-growing risks of identity fraud, and give people more control over their personal data.” Yoti offer “a… Read More

March 10, 2023 @ 8:28 am By Omar Faridi  |  

Molo Finance is pleased to announce Australian mortgage lender ColCap has acquired an 80% shareholding in Molo. This follows “on from the strategic partnership with Molo and ColCap entered into last year.” The investment will “allow Molo to benefit from ColCap’s depth of funding and… Read More

March 10, 2023 @ 8:26 am By Omar Faridi  |  

Swift announced further progress on its experimental solution for interlinking Central Bank Digital Currencies (CBDCs), reporting that 18 central and commercial banks found “clear potential and value” in the API-based CBDC connector after a comprehensive review. The cooperative “published the findings of the 12-week period… Read More

March 9, 2023 @ 10:29 pm By Omar Faridi  |  

Sygna, the modular crypto AML compliance service provider, has partnered with Shyft Veriscope, the “frictionless” crypto Travel Rule compliance solution, in order “to bring a seamless user experience to Sygna’s users and the crypto industry one step closer towards full interoperability and a solution to… Read More

March 9, 2023 @ 3:57 pm By Omar Faridi  |  

In keeping with their promise to continue supporting and expanding the vechain ecosystem, the team are pleased to share that, as of today, VeChain has been formally integrated with DappRadar, which claims to the world’s largest global Dapp store and cross-chain Dapp community. Users can… Read More

March 9, 2023 @ 12:53 pm By JD Alois  |  

NMB Bank, a commercial bank headquartered in Dar es Salaam, Tanzania, has listed its first “gender bond” on the Luxembourg Green Exchange (LGX). The bond holds a face value of  TZS 74 billion or the equivalent to USD $ 32 million). In a special event… Read More

March 9, 2023 @ 12:16 pm By Omar Faridi  |  

Papaya Global, the SaaS fintech company providing global payroll and payments technology, announced the launch of its latest offering, Papaya Global Payroll Payments — a fully automated, embedded payments platform that gives clients the ability “to process global payroll and make mass payments to employees,… Read More

March 9, 2023 @ 11:07 am By Omar Faridi  |  

Lumen Technologies (NYSE: LUMN) has partnered with Syndio, which claims to be one of the world’s leading workplace equity analytics platforms, in order “to advance its pay equity goals.” Kate Johnson, president and CEO, Lumen, said: “We are committed to rebuilding Lumen starting with our… Read More

March 9, 2023 @ 9:02 am By JD Alois  |  

SeedBlink, a European securities crowdfunding platform that is based in Bulgaria but is expanding across Europe, has announced the launch of a secondary trading marketplace, thus providing liquidity for private securities. SeedBlink received its ECSPR approval last fall, enabling it to solicit investors across all… Read More

March 9, 2023 @ 8:29 am By Omar Faridi  |  

Brex announced it will be launching advanced AI-powered tools for CFOs and their teams, all built “using advanced machine learning and natural language processing technology from OpenAI, an AI research and deployment company.” The new features will “provide relevant insights on corporate spend and answer… Read More

March 9, 2023 @ 8:05 am By Omar Faridi  |  

GIACT, an LSEG (London Stock Exchange Group) business, announces a partnership with Mastercard (NYSE: MA), a global technology company in the payments industry, “to leverage its Open Banking capabilities to provide a secure account verification solution for customers.” The partnership will “build on LSEG‘s existing… Read More

March 9, 2023 @ 8:03 am By Omar Faridi  |  

Intergiro, a European Banking as a Service (BaaS) platform based in Sweden, announces its partnership with Retreeb, a Swiss payment solution empowering consumers to support social causes. This partnership marks a significant milestone “towards the launch of Retreeb‘s sustainable payment solution and reinforces its commitment… Read More

March 8, 2023 @ 11:57 pm By Omar Faridi  |  

Deep Instinct, the first company to apply deep learning to cybersecurity, today announced an investment from PayPal Ventures. This investment further “validates confidence in Deep Instinct’s unrivaled ability to see cyber threats well before other solutions can.” The funding will help further “accelerate Deep Instinct’s… Read More

March 8, 2023 @ 10:54 pm By JD Alois  |  

Seedrs, a top securities crowdfunding platform owned by Republic, has revealed that it has helped female-founded firms raise £459 million. When you compare this number to the total amount raised on the platform, Seedrs is clearly generating significant traction in leveling the playing field for… Read More

March 8, 2023 @ 10:34 pm By Omar Faridi  |  

Onbe, a corporate disbursements platform, published its 2023 Future of Payments Survey, finding that digital payments continue “to drive US consumer preferences in today’s connected economy.” 70% of respondents prefer “to receive payments digitally and 73% prefer to shop and pay with digital methods, including… Read More

March 8, 2023 @ 4:22 pm By Omar Faridi  |  

Opkit has launched with an automated health insurance verification platform that is purpose-built for the new telehealth companies and virtual medical clinics that are “providing care for a wide range of patients across the United States.” The startup, which “participated in Y Combinator, is emerging… Read More

March 8, 2023 @ 12:40 pm By JD Alois  |  

Earlier today, the UK Financial Conduct Authority (FCA) announced another enforcement action taken against crypto ATMs. This time, the FCA targeted unauthorized crypto ATMs operating in East London. The FCA requires all crypto firms, including ATMs, to be registered and adherent to anti-money laundering rules…. Read More