UK Sector Growth Resilient in April, Despite Increased Cost Pressures
- 1 year 2 months ago
- Banking
The number of growing UK sectors remained resilient in April, despite cost pressures spreading across the economy, according to the latest Lloyds Bank UK Sector Tracker. In April, eight of the 14 UK sectors monitored by the Tracker saw output growth – one fewer than in March (nine), but still more than the monthly average in 2023 (seven).
Former CEO of Blacksmith KYC Nynke Postma Joins Encompass Corporation’s Mission to Transform Know Your Customer with Corporate Digital Identity
- 1 year 2 months ago
- People Moves
Encompass Corporation, the leader in Corporate Digital Identity (CDI), has appointed Nynke Postma, the founder, and ex-CEO of Blacksmith KYC, to its leadership team to supercharge the impact global banks find with CDI.
Fils Recognised in Deloitte Technology Fast 50 Middle East for Impactful Tech Innovations
- 1 year 2 months ago
- Infrastructure
Fils, a leader in ESG-focused financial technology, has been honoured as one of the top 50 impact technology firms in the prestigious Deloitte Technology Fast 50 Middle East 3rd Edition Award Programme. The initiative highlights the region's fastest-growing technology companies that are making significant impacts in their industries.
EDB Receives Prestigious Recognition for Regional Leadership in Digital Innovation and Transaction Services
- 1 year 2 months ago
- Banking
Emirates Development Bank ("EDB" or "the Bank") continues to solidify its position as a regional leader that delivers innovative digital offerings and tech-forward transaction banking solutions, giving customers the best possible experiences while enabling efficient and safe cross-border business operations.
OTPless Raises $3.5M to Revolutionize Mobile Authentication
- 1 year 2 months ago
- Fundraising News
OTPless has secured $3.5 million in their pre-series A funding round! This milestone signifies a pivotal moment in their journey to reshape mobile authentication. Under the leadership of SIDBI Venture and bolstered by Venture Highway, FJ Labs, and Piper Serica, this round of funding brings their total investment to $6.5 million.
Proof and Socure Partner to Combat Fraud and Forgery in the $200 Trillion Exchanged Through Contracts, Authorizations, and Forms
- 1 year 2 months ago
- Fraud Detection
Proof, the market leader for remote online notarization and identity-secured transactions and Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, today announced a new partnership.
Eltropy Launches Voice+, Unifying Voice and Digital for Community Financial Institutions
- 1 year 2 months ago
- Financial
Eltropy, a pioneering conversations platform for credit unions and community banks, today launched Voice+, integrating traditional voice capabilities with digital channels like text messaging, video, and chat into a unified contact center solution. Voice+ provides a “single pane of glass” experience for agents to seamlessly handle voice and digital interactions, with unified routing, AI agents and assistants, and analytics across all channels.
Banks Call for Regulators to Take a More Innovative Approach to DLT
- 1 year 2 months ago
- Trading Systems
The Global Financial Markets Association (GFMA) together with Boston Consulting Group (BCG), Clifford Chance and Cravath, Swaine & Moore LLP, have today published a new report highlighting the potential transformative benefits of Distributed Ledger Technology (DLT) for capital markets and calling for market participants to proactively shape its future use, as well as for greater regulatory clarity from policy makers.
Introducing the Next Wave in Blockchain Payment Innovation
- 1 year 2 months ago
- Cryptocurrencies
Today, Mastercard is introducing five startups from around the world to its Start Path Blockchain and Digital Assets program to drive best-in-class user experiences and expand use cases that demonstrate the power of blockchain technology.
Wolters Kluwer Named as One of the Most Reputable Companies in the Netherlands
- 1 year 2 months ago
- Infrastructure
Wolters Kluwer, a global leader in professional information, software solutions, and services, has been recognized as one of the most trustworthy brands in the Netherlands, based on recent research conducted by RepTrak, a leading reputation research company. In recent years, Wolters Kluwer has risen significantly to the second position on the list and is now right behind ASML.
Mexico-based Commerce and BNPL Fintech Platform Aplazo Secures $70 Million in Equity Funding
- 1 year 2 months ago
- Fundraising News
Aplazo, an omni-channel payment platform that offers flexible payment solutions and commerce enablement tools to help merchants accelerate sales and grow their brands, announced today the closing of $70 million of additional equity financing, including a $45 million Series B.
Erste Bank Hungary Launches Flight Delay Insurance, a New Service in their App, Powered by Leading Insurtech Companjon
- 1 year 2 months ago
- Insurtech
Erste Bank Hungary, part of Erste Group, one of the largest financial services providers in Central and Eastern Europe, has launched Erste Flight Delay Insurance to its banking customers in their George app. Available from today, George’s newest digital service enables retail forint account holders to protect their travel plans against flight departure delays of one hour.
OTP Customers Demonstrate Their Appetite for Sustainable Living With Over 600,000 Visits to the Carbon Tracker
- 1 year 2 months ago
- Infrastructure
OTP customers are showing just how keen they are to measure their carbon footprint with over 600,000 visits to the bank’s carbon tracker in its first six months.
FinLocker Raises $17 Million in Series B Funding to Transform The Consumer Home Buying Experience
- 1 year 2 months ago
- Fundraising News
FinLocker, the developer of the leading white-label financial readiness app that emphasizes attaining and sustaining homeownership, announced today the successful closure of its Series B funding round, securing $17 million in investment.
Fintech Company Yendo Raises $165 Million in New Capital to Fuel Growth
- 1 year 2 months ago
- Fundraising News
Yendo, the company that created the first-ever vehicle-secured credit card, today announced the close of $150 million in debt financing led by i80 Group. The financing will be used to fuel customer growth, introduce new products and expedite the expansion of the company’s offerings across all 50 states. Specifically, Yendo will use the financing to fund the growth of originations on its platform, which will enable the company to extend credit to...
