Salv is Named First Recipient of Pioneering Regulator-awarded Closed Shared Kyc Utility Licence
- 2 years 8 months ago
- RegTech
Leading European Regulatory Technology (RegTech) scale-up Salv has broken new ground by becoming the first technology firm in Europe to secure a regulator-awarded licence to operate as a ‘Closed Service KYC Utility’ service provider.
New Threat Intelligence Report Exposes the Impact of Generative AI on Remote Identity Verification
- 2 years 8 months ago
- Digital Identity
iProov, the leading provider of science-based biometric identity solutions, today launched The iProov Threat Intelligence Report 2024: The Impact of Generative AI on Remote Identity Verification. iProov’s report examines the remote identity verification threat landscape, providing first-hand insights into the anatomy of a digital injection attack and exposing bad actor methodologies, threat trends, and impacts. T
Ey Announces Alliance with Moneylion to Help Banks Accelerate Their Digital Transformation and Extend Financial Services
- 2 years 8 months ago
- Digital banking
The EY organization today announces an alliance between MoneyLion Inc., a leading enterprise and consumer FinTech company, and Ernst & Young LLP (EY US), to help drive innovation and growth within the banking sector.
Liberis Partners with Alloy to Accelerate International Expansion and Reduce Friction for Merchants.
- 2 years 8 months ago
- Compliance
Liberis, the leading global embedded finance platform, today announced a partnership with Alloy, the identity risk management company behind over 500 of the world's leading banks and fintechs.
Fintech Unicorn Papaya Global is Launching its Workforce Payments Platform at the Big Game
- 2 years 8 months ago
- Payments
Papaya Global, the workforce payments fintech, invested two years and 864,000 engineering work hours building the first end-to-end workforce platform that executes worker payments. This investment comes to a head with Papaya's Super Bowl debut.
Bolttech Insurance Launches Mytravel, a Novel "Cancel for any Reason" Travel Coverage in Collaboration with Fwd's Online Insurance Platform
- 2 years 8 months ago
- Insurtech, PaaS
bolttech Insurance, the Hong Kong general insurance arm of international insurtech bolttech, has launched MyTravel, a comprehensive travel coverage plan for customers, their families, pets and belongings. The product is available exclusively through FWD's online insurance platform, a direct-to-customer platform providing a faster and smoother insurance experience.
Consumer Card Spending Grew Just 3.1 Per Cent in January as Brits Opted for Nights in and Home-Cooked Meals, yet Confidence in Personal Finances Reached Two-year High
- 2 years 8 months ago
- Personal Finance
Consumer card spending grew 3.1 percent year-on-year in January – less than the latest CPIH* inflation rate of 4.2 percent, yet higher than December’s growth of 2.3 percent. Retail, hospitality, and leisure spending slowed as Brits stayed at home to shelter from the cold weather and save money after a busy festive period. However, pointing to improving optimism, consumers’ confidence in both their household finances and ability to spend within...
Levenue Welcomes Rolf Hickmann to Board of Directors, Further Strengthening Underwriting and Data Modelling Capabilities
- 2 years 8 months ago
- People Moves
Levenue, Europe’s largest revenue-based financing marketplace, is pleased to announce the appointment of Rolf Hickmann to its board of directors. The addition of Hickmann, a distinguished data modelling expert and well-respected industry veteran, reflects Levenue's commitment to creating a more transparent model for connecting entrepreneurs and investors by materially enhancing Levenue’s underwriting capabilities.
Payu's Lazypay Partners with Thought Machine to Shape The Future of Credit Solutions in India.
- 2 years 8 months ago
- Lending
PayU, India’s leading payment solutions provider, today announces it has successfully migrated its credit service, LazyPay, to Thought Machine’s cloud-native core banking platform, Vault Core, and is now live. This partnership has enabled LazyPay to build innovative lending and credit products, deliver a superior, secure, and efficient user experience, and set a new standard for credit financing in India.
Wells Fargo and Setpoint Join Forces to Create More Streamlined Access to Capital
- 2 years 8 months ago
- Payments
Setpoint, a leading financial services provider, is pleased to establish a banking relationship with Wells Fargo which enables the cloud-based software company to expand its payment disbursement capabilities. Setpoint will assume the crucial roles of Paying Agent and Calculation Agent for various clients, such as auto and real estate originators and lenders.
docStribute Secures £820k in Pre-Series A Funding
- 2 years 8 months ago
- Fundraising News
London-based RegTech company, docStribute, today announces the successful completion of a pre-Series A funding round, securing £820,000 in investment from financial service angels.
Croatian and Irish P2P Platforms Offer Highest Risk Premium
- 2 years 8 months ago
- Investment
In 2023, the rate of return in the European P2P market has risen to 10.4% with leaders from Croatia and Ireland, where it promises to be at 15% p.a. Robocash analysts have evaluated the level of profitability of 77 P2P platforms from 19 European countries. The study examined both the proposed nominal rates and the real risk premiums, which may vary depending on market conditions, inflation expectations and other factors.
Rain Secures $300 Million in Financing from Clear Haven Capital Management to Expand Innovative Financial Wellness Solutions
- 2 years 8 months ago
- Fundraising News
Rain, the financial wellness platform that helps companies give employees greater control over their finances, announced today it has secured $300 million in financing from Clear Haven Capital Management for a new credit facility. With this new funding, Rain now has more capital to service its growing customer base, allowing it to provide employees an easy way to access their earned wages in real-time, driving increased retention, job...
Ebury Unveils New Solution for Direct Transactions Between Brazilian Real and Chinese Yuan
- 2 years 8 months ago
- Transaction Banking
Ebury, a fintech specializing in cross-border payments and FX solutions, based in London and present in 25 countries, has introduced to the market a pioneering solution for direct transactions between the Brazilian real and the Chinese yuan. The new solution will facilitate and expedite trade between Brazil and China, which in 2023 alone totaled exports and imports of over US$145 billion, according to Brazilian Government data. The solution...
NovoPayment Partners with Mastercard to Grow Footprint in Mexico
- 2 years 9 months ago
- Payments
NovoPayment, a mission-critical financial and payments infrastructure provider, announced today that it has received Mastercard certification, as part of the Mastercard Network Enablement Partner program, to switch and process Mastercard transactions in Mexico.
