The Monetary Authority of Singapore (MAS) has launched the Global Finance & Technology Network (GFTN), aimed at strengthening Singapore's position as a global fintech leader.
Lending-as-a-service infrastructure provider Finfra has raised USD 2.5 million in funding round, aimed at boosting embedded lending for Insonesian SMEs.
The Consumer Financial Protection Bureau (CFPB) has taken action against VyStar Credit Union and ordered the company to pay USD 1.5 million for impairing consumers via its rollout of a new online banking system.
ID verification fraud prevention regulatory company iDenfy has announced its partnership with O2Factoring in order to optimise financial security for entrepreneurs.
Afin Bank has partnered with Thought Machine , a cloud-native banking technology company, to launch a new digital bank for Africans living and working in the UK.
DailyPay , a provider of earned wage access solutions, has announced the launch of a new feature, International Remittances, which expands the reach of its platform.
Online Payment Platform , a payment service provider specialising in platform and marketplace transactions, has been granted an EMI licence by the UK’s FCA.
Mesh , a platform designed to simplify connectivity in crypto transactions, has announced an integration with Shift4 , a provider of integrated payments technologies.
Financial services tech provider Worldpay has entered into a collaboration with Capital One to augment payment fraud decisioning and improve payment security with a data-sharing agreement.
B2C2 , a crypto-native liquidity provider, has announced the integration of OpenPayd ’s Embedded Finance features into its global instant settlement network.
Mastercard has launched Bill Qkr, a digital solution aimed at streamlining bill payments for merchants, acquirers, payment facilitators, and service providers.
A report by Token.io and Open Banking Expo shows that merchants, PSPs, and TPPs are recognizing the benefits of Commercial Variable Recurring Payments (CVRP) and Dynamic Recurring Payments (DRP).
Zilch , a fintech company operating an ad-subsidised payments network, has expanded its securitisation facility by GBP 50 million, now totalling GBP 150 million.
Sift , an AI-driven fraud prevention company, has announced updates to its account takeover (ATO) solution, enhancing fraud risk protection throughout the entire consumer journey.
Lili , a financial platform developed to support small businesses, has announced the launch of Lili Connect, an Embedded Finance integration that optimises financial processes for enterprises.
Global financial platform Adyen , together with Boston Consulting Group , has launched a new report that underlines a USD 185 billion market opportunity for SaaS platforms.
Network International , a provider of digital commerce solutions in the Middle East and Africa (MEA), has signed a Memorandum of Understanding with Ant International .
Card issuing platform Marqeta has announced the launch of Marqeta Flex, a new solution that aims to enhance the provision of BNPL payment options in payment apps and wallets.
Embedded Insurance solutions provider Open Insurance has partnered with CUPRA Australia to provide a fully integrated car insurance experience for the latter’s clients.
FV Bank , in collaboration with Visa , has launched new debit and corporate expense cards for US and international customers to offer financial flexibility.
UK-based Lloyds has announced that its customers can now request money from friends and family leveraging the new Link pay capability in the mobile banking app.
Europe-based cybertech Filigran has announced that it secured USD 35 million in a Series B funding round, with the company planning to further expand its footprint.
Skipify has partnered with Mastercard to enhance payment flexibility for US consumers by integrating instalment options directly into the checkout process.
India-based fintech unicorn Slice has announced the completion of its merger with North East Small Finance Bank , with the former entering the region’s banking sector.
Mastercard has expanded its US Installments program to offer consumers increased flexibility in payment choices through its Mastercard Installment Payment Services.
Erste Group has partnered with Neterium to implement the latter’s transaction screening solution across the former’s services in Central and Eastern Europe.
Worldline , a global provider of payment services, has announced a collaboration with Visa Acceptance Solutions to introduce an optimised fraud management solution.
Britain's Financial Conduct Authority (FCA) has interviewed 20 social media influencers to address the potential illegal promotion of financial products on social media.
Getnet by Santander has announced the launch of Getnet SEP, a solution for ecommerce payments in Brazil, Argentina, Mexico, and Chile through a single integration.
Visa has released its State of Scams: Fall 2024 Biannual Threats Report, revealing recent developments in scams and threats targeting banks and consumers.
Recent data from the blockchain analysis firm Chainalysis highlights that the UK holds the largest cryptocurrency economy in Central, Northern, and Western Europe (CNWE).