TransUnion Analysis Finds Fraud Costing Businesses Equivalent of Nearly 7% of Revenues
- 16 hours 24 min ago
- Security
A global TransUnion analysis found that fraud continues to significantly impact businesses and their bottom lines.
Tebi – From the Ex-CTO / Co-Founder of Adyen – Raises €20 Million for Its Retail and Hospitality Operating System
- 16 hours 29 min ago
- Fundraising News
Tebi, the startup that is building an all-in-one operational platform, has raised €20 million in funding. The Series A round, led by Index Ventures, is the first institutional investment the company has taken since its founding three years ago, and reflects Tebi’s growth. The goal is to bring enterprise-level capabilities to the world of independent businesses with the intuitive experience of a consumer app.
Fils and eeasy Join Forces for Sustainable Payments in Middle East & Africa
- 16 hours 34 min ago
- Payments
Fils, the global leader in enterprise-level sustainability infrastructure, has entered the African market, with a strategic partnership with eeasy, a digital payments technology company operating in Middle East & Africa with a focus on Egypt, to empower its clients in facilitating climate action, offering consumers the option to offset carbon emissions with every transaction.
Paymentology Launches Report on the Future of Cross-Border Money Movement in Collaboration with Fincog
- 16 hours 44 min ago
- Payments
Paymentology, the leading global issuer processor, today announces the launch of its latest industry report, The Remittance Revolution: How to Win in Cross-Border Money Movement, developed in collaboration with renowned financial consultancy Fincog.
iProov Sees Over 60% Surge in Transactions Driven by Soaring Demand for Cloud-Based Biometric Onboarding and Authentication
- 16 hours 44 min ago
- Digital Identity
iProov, a leading provider of science-based biometric identity solutions, today delivered its quarterly business update, highlighted by a surge of 63% in transaction volume on its platform compared with the same timeframe last year. The identity verification market is showing consistent growth, fueled by the rapid digitization of services, and the escalating threat of sophisticated cyberattacks, particularly deepfakes that leverage generative AI...
Zafin Strengthens Collaboration with Microsoft, Advancing Bank Modernization with Azure AI
- 17 hours 9 min ago
- Banking
Zafin, a global provider of SaaS core modernization and transformation solutions for banks, announced today the extension of its worldwide strategic collaboration with Microsoft. This extension advances Zafin’s technological capabilities, continuing to position the company as a major player in core banking modernization and innovation, running on Microsoft Azure.
Thunes Expands Its Direct Global Network Into Egypt
- 18 hours 24 min ago
- Infrastructure
Thunes, the Smart Superhighway to move money around the world, today announced a major expansion of its Direct Global Network into Egypt. This expansion brings mobile wallet and bank account payment capabilities to Thunes' Pay solutions, enhancing the company’s cross-border payment services in one of the Middle East and North Africa's most dynamic markets.
Gen Z Leads the Rewards Revolution, Finds ZBD Payments Study
- 18 hours 24 min ago
- Payments
The ZBD Gen Z Payments Study, based on a survey of over 2,000 18 to 27 year olds in the US and UK, sheds fresh light on what this vitally important generation wants from its interactions with payments, banking and fintech providers. The deep-dive exploration of what shapes Gen Z’s payment behavior reveals that a staggering 86% of Gen Z believe that cashback and loyalty rewards are an important part of making a purchase, and 99% say financial...
Global Study from Checkout.com Reveals Generation Alpha’s Rising Influence in Digital Economy
- 18 hours 34 min ago
- Infrastructure
A global study released today by Checkout.com, a leading global digital payments company, highlights the consumer buying behaviour which is powering today’s digital economy. The research, conducted across the UK, US, UAE and China, reveals a number of trends, including the growing spending power of Generation Alpha.
Broadridge Launches Instant Payments Service, Aligned with New EU Regulations
- 18 hours 34 min ago
- Payments
Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments. The Broadridge service supports real-time money transfers, operating 24/7/365, with transaction processing times of under 10 seconds from payer to beneficiary.
Swift Cross-Border Payment Processing Speed Stretches Further Ahead of G20 Target
- 18 hours 39 min ago
- Payments
Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour.
Finastra and LPBank Modernize Treasury Management Operations in Record Time
- 18 hours 49 min ago
- Banking
Finastra, a global provider of financial services software applications, has announced the implementation of its front-to-back treasury solution, Kondor, at Fortune Vietnam Joint Stock Commercial Bank (LPBank) to modernize the bank’s treasury management operations and capabilities. This strategic collaboration is part of LPBank’s concerted effort to accelerate its digital transformation strategy and enhance its competitiveness in the market.
UK Finance Leaders Reveal Friction in Global Spend and Expense Management Holds Their Business Back
- 18 hours 54 min ago
- Management
The vast majority of UK finance leaders (95 percent) struggle to manage their global spending due to disconnected management tools and manual processes, according to a new report released by Airwallex, the leading global payments and financial platform for modern businesses.
BVNK and Circle Partner to Expand USDC Utility for Global Business Payments
- 19 hours 9 min ago
- Payments
BVNK, the payments infrastructure provider, and Circle, a global financial technology firm, today announced a partnership aimed at accelerating the utility of USDC for BVNK’s global customer base. BVNK will integrate USDC more deeply into its payment offerings, enabling businesses to leverage USDC’s speed and stability for a variety of payment use cases.
Helena Warne Joins Bibby Financial Services to Drive Growth for SMEs in Wales
- 19 hours 14 min ago
- People Moves
Bibby Financial Services (BFS) has appointed Helena Warne as Business Development Manager for Wales to grow its funding support for businesses throughout the country. Helena brings over 25 years of financial services experience to her new role. At Lloyds Banking Group she covered the Wales region for seven years, specialising in Invoice Finance. And in her role as Area Director, Helena led a team of over 10 commercial banking relationship...
