June 2, 2024 @ 3:54 pm By Omar Faridi  |  

World ID orb verifications are now available in the Colombian cities of Bogotá and Medellín. A central component of Worldcoin, World ID is “a digital humanness passport that enables individuals to securely prove they are a unique human for a growing number of applications.” You must… Read More

June 2, 2024 @ 2:53 pm By Omar Faridi  |  

The nation’s banking and credit card providers have done a great job establishing best practices for a seamless, efficient digital user experience on their mobile apps and websites, according to an extensive research study. However, with limited differentiation between brands, it’s become “challenging to distinguish… Read More

June 2, 2024 @ 2:17 pm By Omar Faridi  |  

Plaid is pleased to announce its collaboration with Western Union (NYSE: WU), a global leader in cross-border and cross-currency payments. The collaboration provides Western Union’s customers with open banking payments, giving them additional flexibility in “how to send money to their families and loved ones.”… Read More

June 2, 2024 @ 1:57 pm By Omar Faridi  |  

Billtrust, a B2B order-to-cash and digital payments market leader, announced new AI functionality within its accounts receivable software platform to empower finance professionals to better understand their business, make strategic decisions and engage customers more effectively. Billtrust has introduced a new generative AI tool, Billtrust… Read More

June 2, 2024 @ 1:49 pm By Omar Faridi  |  

In an increasingly globalized economic and financial landscape, companies are adopting innovative measures to improve their operations: increasing their speed and reducing costs. This, according to a comprehensive report from Bitso. In this context, Bitso explains that the use of the crypto ecosystem and blockchain… Read More

June 2, 2024 @ 12:59 pm By Omar Faridi  |  

Nexo, the institution for digital assets, is announcing the integration of The Tie‘s advanced real-time analytics, providing an edge to traders. With this tool, Nexo further democratizes “access to data, traditionally almost exclusively available to institutions, and ushers in a new era where more users… Read More

June 1, 2024 @ 10:27 pm By Omar Faridi  |  

Fetch, the offsite package management solution for apartment communities, announced it has adopted leading workforce payments platform Branch to power same-day payments to its network of delivery partners and its growing loyalty program. Operating in more than 25 major markets across the United States, Fetch… Read More

June 1, 2024 @ 8:17 pm By Omar Faridi  |  

UK Finance has recently released its financial services manifesto, outlining key priorities the next government should focus on. David Postings, Chief Executive of UK Finance, said: “The UK’s financial services sector is a global success story and one any future government should seek to partner… Read More

June 1, 2024 @ 6:44 pm By Tony Zerucha  |  

Paystand, a provider of blockchain-enabled B2B payments, this week announced the appointment of Allison Grieb as chief sales officer. Grieb brings years of sales experience from high-growth tech companies to the new position. Most recently, Grieb was senior vice president of global sales at Recurly,… Read More

June 1, 2024 @ 3:15 pm By Omar Faridi  |  

In a new paper in Science Advances on May 29, researchers at JPMorgan Chase (NYSE: JPM),  the U.S. Department of Energy’s (DOE) Argonne National Laboratory and Quantinuum have demonstrated clear evidence of “a quantum algorithmic speedup for the quantum approximate optimization algorithm (QAOA).” This algorithm… Read More

June 1, 2024 @ 2:56 pm By Michael Wong  |  

Ant Group and Mastercard, alongside 12 overseas payment partners of Alipay+ and other major card organizations, announced the launch of the International Consumer Friendly Zones program in Shanghai. This initiative aims to enhance the travel experience for global visitors and stimulate economic growth for local… Read More

June 1, 2024 @ 2:08 pm By Omar Faridi  |  

Novel announces a $15M oversubscribed Pre-Series A round, co-led by IGNIA Partners and Ulu Ventures, to propel the fintech’s expansion of their Capital Intelligence platform. The investment round also includes participation “from MatterScale, Gaingels, as well as previous investors.” This injection of capital catapults Novel’s… Read More

June 1, 2024 @ 1:53 pm By Omar Faridi  |  

Forward, a technology partner empowering SaaS companies to integrate and monetize payments, announced $16M in seed financing. The investment round was led by Commerce Ventures, Elefund, and Fiserv. The capital will enable Forward “to meet accelerating demand from software partners while applying artificial intelligence to… Read More

June 1, 2024 @ 12:45 pm By Michael Wong  |  

Chilean Paytech startup Koywe has announced the acquisition of Facto, a move that will expand its presence in the US. The acquisition also comes 15 months after Koywe raised $2.5 million in a Seed funding round in January 2023. The terms of the acquisition were… Read More

June 1, 2024 @ 12:22 pm By Omar Faridi  |  

Saxo, which claims to be among the leaders in online trading and investment, recently announces the appointment of Andrew Bresler as CEO of Saxo UK, effective June 3. He takes over from interim CEO Simon Camilleri. Andrew reportedly brings a wealth of experience “within the… Read More

June 1, 2024 @ 11:44 am By Omar Faridi  |  

Mangopay, a modular and flexible payment infrastructure provider for platforms, today announces the launch of its new Fraud Prevention solution. Mangopay’s Fraud Prevention solution provides “a fully integrated and payment processor-agnostic AI-driven cybersecurity solution to guard against an evolving range of threats, including account takeover… Read More

June 1, 2024 @ 11:33 am By Omar Faridi  |  

Guavapay, a global fintech company has announced its partnership with Visa (NYSE: V), a digital payments provider, to launch an impactful Out Of Home (OOH) campaign across London. This collaboration aims to enhance “awareness of MyGuava multicurrency Visa Card for users of MyGuava App and MyGuava… Read More

June 1, 2024 @ 11:31 am By Omar Faridi  |  

Moneris Solutions Corporation, a Canadian leader in innovative solutions for mobile, online, and in-store payments, has introduced Tap to Pay on iPhone in the Moneris Go app, enabling businesses of any size to accept digital payments simply and easily. Canadian businesses can now “accept in-person… Read More

June 1, 2024 @ 11:15 am By Omar Faridi  |  

Chainlink, the “decentralized” computing platform, and Circle, a global financial technology firm and the issuer of USDC and EURC, have partnered in order “to expand stablecoin utility for enterprise institutions with Circle’s developer platform and Chainlink services.” Chainlink and Circle will work together “to educate… Read More

June 1, 2024 @ 11:14 am By Omar Faridi  |  

SCRYPT, a provider of crypto asset financial services, has announced the successful close of a $5 million strategic funding round led by Braza Bank. Venture capital firms, including Funfair Ventures, Cabrit Capital, and Atlantic Labs, also participated. The firm is also pleased to announce “that… Read More