November 9, 2024 @ 1:48 pm By Omar Faridi  |  

SteelFox has reportedly exploited Foxit PDF Editor and AutoCAD for banking data theft and covert crypto mining. Kaspersky’s Global Research and Analysis Team has uncovered a new and ongoing malicious campaign that “exploits popular software, such as Foxit PDF Editor, AutoCAD and JetBrains.” The attackers… Read More

November 9, 2024 @ 1:46 pm By Omar Faridi  |  

Bondora AS is now officially registered as a credit provider in Lithuania, according to the latest update from the European investment platform. Bondora explained in a blog post that Lithuania based customers can soon take advantage of the secure online financial services they offer across… Read More

November 9, 2024 @ 1:44 pm By Tony Zerucha  |  

This week, Nium, a global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated, an independent pan-African financial services group, to enable cross-border payments across 35 African markets for more than 32 million customers. Nium’s real-time payments infrastructure will be integrated into… Read More

November 9, 2024 @ 1:42 pm By Omar Faridi  |  

LendInvest Mortgages completes sixth securitization of £285 million UK prime Buy-to-Let and owner-occupied mortgage loans. LendInvest plc (LSE: LINV), the UK’s platform for property finance and the parent company of LendInvest BTL Ltd and LendInvest Loans Limited, announces the completion of its sixth securitization in… Read More

November 9, 2024 @ 1:41 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) released financial results for the three months and nine months ended September 30, 2024, for both itself and Galaxy Digital Holdings. Galaxy Digital has shared key Corporate and Business Updates: Financial Highlights: In the third quarter, Galaxy reported a… Read More

November 9, 2024 @ 1:40 pm By Tony Zerucha  |  

More than one-fourth (29%) of bank customers and 22% of credit card customers have experienced fraudulent activity on their accounts in the past 12 months, according to the inaugural J.D. Power U.S. Financial Protection Satisfaction Study. As financial fraud continues to escalate, how financial institutions… Read More

November 9, 2024 @ 7:26 am By Michael Wong  |  

Binance Labs has made its first foray into the Decentralized Science (DeSci) sector with an investment in BIO Protocol (BIO), a pioneering platform aimed at transforming early-stage scientific research financing and commercialization through blockchain technology. BIO Protocol is likened to a Y Combinator for on-chain… Read More

November 8, 2024 @ 6:05 pm By Omar Faridi  |  

Analysis by Experian and Reward reveal key shopping trends ahead of crucial ‘Golden Quarter.’ Informative and timely insights from Experian, in partnership with Reward, reveal that consumers – despite the festive tradition of heading to the high street – are likely to do “more of… Read More

November 8, 2024 @ 5:59 pm By Omar Faridi  |  

Matrixport, which claims to be one of Asia’s largest “one-stop” financial services platforms, announced the integration of Fly Wing Technologies Pte Ltd’s OTC service on the Matrixport APP, enabling a better one-stop experience for users. All Matrixport-verified accounts must complete Fly Wing’s eKYC onboarding process… Read More

November 8, 2024 @ 5:56 pm By Omar Faridi  |  

Marosa 2024 S.L., a provider of VAT compliance and invoicing solutions, announced it secured a €12 million investment from Aquiline, a private investment firm specializing in financial services and tech. This funding represents Marosa’s “external” capital raise and will help accelerate its growth strategy, expand… Read More

November 8, 2024 @ 5:53 pm By Omar Faridi  |  

Ant International, a digital payment and financial technology provider headquartered in Singapore, has been enhancing its integration of AI technologies to support and secure millions of daily cross-border transactions for merchants across 200+ markets. Yang Peng, Chief Executive Officer of Ant International said that integration… Read More

November 8, 2024 @ 9:39 am By Omar Faridi  |  

NatWest has shared an update on the fastest growing scams of 2024. The update from UK’s NatWest noted that an increase in fake parcel delivery texts, social media marketplace scams and AI voice cloning “during the last 12 months.” This, according to the analysis from… Read More

November 8, 2024 @ 9:37 am By Omar Faridi  |  

American Express (NYSE: AXP) announced an API-powered data access agreement with MX Technologies, Inc. that will provide new digital banking options for customers without compromising their account security. American Express customers will now be able to better manage their personal finances and business expenses via… Read More

November 8, 2024 @ 9:37 am By JD Alois  |  

Petr Kozyakov, co-founder and CEO of Mercuryo, a payment infrastructure firm in the digital sector, believes the victory of former President Donald Trump is helping to drive crypto markets higher while predicting the forthcoming innovations will compel digital asset holders to spend their funds rather… Read More

November 8, 2024 @ 9:31 am By JD Alois  |  

The British Business Bank has appointed Leandros Kalisperas as its first Chief Investment Officer, according to a statement issued by the Bank. Ian Connatty, who has been appointed Managing Partner of BBB Patient Capital Advisory Services, is currently the Deputy Chief Investment Officer of the… Read More

November 8, 2024 @ 9:03 am By JD Alois  |  

Some positive news regarding risk capital. S&P Global Market Intelligence says Venture Capital (VC) and Private Equity (PE) deal value increased globally during the month of October. While four weeks does not make a quarter this could be good news for the innovation sector which… Read More

November 8, 2024 @ 8:42 am By Omar Faridi  |  

GoCardless, a bank payment company, has expanded its relationship with Big Red Cloud. The cloud accounting software firm, which is a GoCardless customer, will now become one of its 350+ partners by “integrating GoCardless’ payment capabilities into its platform.’ This means Big Red Cloud customers… Read More

November 8, 2024 @ 8:40 am By Omar Faridi  |  

According to some insiders, U.S. open banking is poised for significant acceleration, but political uncertainty could hamper momentum. The Consumer Financial Protection Bureau (CFPB) finalized its Personal Financial Data Rights Rule under Section 1033 of the Dodd-Frank Act two weeks ago. The rule mandates that banks and other… Read More

November 8, 2024 @ 6:42 am By Omar Faridi  |  

The collaboration combines Shift4‘s acquiring services with ConnexPay‘s all-in-one payments platform to deliver PayIn and PayOut functions to businesses in a wide range of industry segments. Shift4 (NYSE: FOUR), a global enabler of integrated payments and commerce technology, officially entered a partnership with ConnexPay, the… Read More

November 8, 2024 @ 6:37 am By Omar Faridi  |  

additiv, a global firm focused on fintech and digital transformation,  announced the appointment of Pierre Dufauret as the UK Market Head and the opening of a new office in London’s Heron Tower. These moves underscore additiv’s commitment to strengthening its presence in the UK market… Read More