Global

November 27, 2022 @ 9:25 pm By Omar Faridi  |  

Checkout.com, the cloud-based payments service provider, announced a partnership with Xiaomi in order “to provide an end-to-end payment solution for its Hong Kong and Macau payments.” The partnership will “enable Xiaomi to greatly simplify the payment process to support its global payment strategy and development… Read More

November 27, 2022 @ 9:01 pm By Omar Faridi  |  

Both deal activity and deal value on the Carta platform have “declined in every quarter of 2022, falling back to pre-pandemic levels.” That’s a sharp reversal from last year, “when startup investment was propelled to new heights.” This year, deal volume in Q3 “was down… Read More

November 27, 2022 @ 8:27 pm By Omar Faridi  |  

With all eyes on centralized exchanges after the collapse of Celsius, Voyager, and now FTX, –  ZenGo and Banxa have partnered “to enable the most simple and trusted crypto onramp directly into the industry’s most secure crypto wallet with no private key vulnerability.” This partnership… Read More

November 27, 2022 @ 8:02 pm By Omar Faridi  |  

1 in 2 Google Chrome Extensions have potential to wreak havoc,” Incogni Research shows. Data removal company Incogni analyzed “the risk profiles of 1,237 Chrome extensions available on the Chrome Web Store.” The study reveals “that 1 in 2 Chrome extensions (48.66%) has a High… Read More

November 27, 2022 @ 7:27 pm By Omar Faridi  |  

Infineon Technologies AG and Fingerprint Cards AB announced the signing of a joint development and commercialization agreement of a plug-and-play turnkey solution for “a biometric payment smart card.” The goal of the cooperation is “to make biometric smart card production as simple and easy as… Read More

November 27, 2022 @ 3:58 pm By Omar Faridi  |  

Thunes, a global cross-border payments network, announced that it has partnered with Tencent Financial Technology, Tencent’s fintech arm, “becoming the first payment infrastructure partner connecting with it.” This collaboration will “allow members of Thunes‘ global network to send international payments to Weixin users, giving them… Read More

November 27, 2022 @ 2:57 pm By Omar Faridi  |  

CV VC recently published an inaugural German Blockchain Report following its newest and fourth ecosystem hub opening, CV Labs Berlin. The report provides “a structural overview of Europe‘s top-ranked blockchain country, and its publication highlights CV VC’s commitment to building sustainable and connected global ecosystems… Read More

November 26, 2022 @ 9:07 pm By Omar Faridi  |  

CBA has launched a new credit score hub “to help customers improve their financial wellbeing, as new research reveals only 1 in 5 Aussies have checked their personal credit score in the past 6 months, with around a third unsure what a credit score is.”… Read More

November 26, 2022 @ 6:31 pm By Omar Faridi  |  

QUANTIFEED, the provider of digital wealth management solutions, announces that it has acquired ALPIMA, a London-based portfolio construction, visualisation, and analytics fintech company. Alex Ypsilanti, Co-Founder and CEO of Quantifeed, said: “We are very excited about bringing together two hugely talented teams of financial engineers… Read More

November 26, 2022 @ 5:43 pm By Omar Faridi  |  

Moneycorp, the global foreign exchange and payments provider with more than £38 billion of trades across 120 different currencies, has implemented an API and distribution agreement with BankClarity, which claims to be the leading banking tech provider to non-bank financial institutions. The partnership means that… Read More

November 26, 2022 @ 5:14 pm By Omar Faridi  |  

The partnership between the banking platform, Temenos (SIX: TEMN), and Greenomy’s, EU Taxonomy alignment SaaS solution, “expedites fully automated non-financial reporting and monitoring of the alignment of the bank’s assets in their banking book against their sustainability objectives.” The implementation of EU Taxonomy (EUTax), the… Read More

November 26, 2022 @ 11:27 am By Omar Faridi  |  

Atom Bank, which claims to be the United Kingdom’s “first” app-based bank, has reportedly agreed to terms with BBVA, Toscafund and Infinity Investment Partners in order to add a further £30 million in equity to its balance sheet. It follows the £75 million that Atom… Read More

November 26, 2022 @ 10:17 am By Omar Faridi  |  

Solaris, which claims to be Europe’s “leading” embedded finance platform, published a new report on the evolution of embedded finance. The study, conducted in cooperation with the Handelsblatt Research Institute, “analyzes the market potential for the mobility sector in the four largest European markets of… Read More

November 26, 2022 @ 9:01 am By Omar Faridi  |  

The UK and Singapore have agreed a new MoU “boosting fintech trade and cooperation at their 7th Financial Dialogue in Singapore.” The UK and Singapore agree a Memorandum of Understanding (MoU) “on the UK–Singapore FinTech Bridge to remove barriers to fintech trade and boost cooperation.”… Read More

November 25, 2022 @ 7:29 pm By Omar Faridi  |  

This spring, Payset paves the way “for enhanced Open Banking capabilities, faster transaction processing, budget management, and more.” Payset is preparing “to launch a new and improved service, running on core banking technology from Thought Machine, a cloud-native banking technology company based in London.” The… Read More

November 25, 2022 @ 7:07 pm By Omar Faridi  |  

Volt, the global gateway for open banking payments in Europe, the UK and Brazil, and Kriptomat, one of the “fastest-growing” European cryptocurrency exchange platforms, are announcing a partnership “to enable Kriptomat customers throughout Europe to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies.”… Read More

November 25, 2022 @ 4:20 pm By Omar Faridi  |  

Sygnum, which claims to be the world’s first digital asset bank and first Swiss bank to open a hub in the metaverse, leverages its oversubscribed USD 90m Series B “to expand internationally into Abu Dhabi’s high-growth crypto-hub.” In addition to this, Sygnum is further strengthening… Read More

November 25, 2022 @ 9:13 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), part of the University of Cambridge, has published its 3rd Global Fintech Regulator Survey. The document is being produced in partnership with the World Bank. CCAF is widely recognized as the top independent research firm following the development of… Read More

November 25, 2022 @ 8:50 am By JD Alois  |  

Tink, an open banking platform, now offers a new feature called Balance Check that enables users to verify account balances. Tink states that this new feature will simplify the setting up of direct debit mandates, supporting both businesses and consumers. Balances Check utilizes real time… Read More

November 25, 2022 @ 8:21 am By Omar Faridi  |  

The European Banking Authority (EBA) recently published its final Guidelines on the use of remote customer onboarding solutions. These Guidelines “set out the steps credit and financial institutions should take to ensure safe and effective remote customer onboarding practices in line with applicable anti-money laundering… Read More