It is essential to find a reliable partner to grow a successful business. The company can open new markets and expand its customer base, helping its brand prosper. The integration of such an element as a payment gateway, making it a part of the infrastructure, can also solve this problem, but it is not easy to implement it. This is the reason why a white-label solution seems so attractive to many. Apart from payment processing, it helps to expand the user base and strengthen the company’s brand. 

Coreum, the new enterprise-grade layer one blockchain developed by the Coreum Development Foundation, has officially launched.

Embedded finance has seen a rise in popularity in recent years as a result of the rapidly evolving technological landscape, leading to huge opportunities for business growth in the African market. Embedded finance offers a whole host of benefits and has made accessing financial products and services much easier for businesses and individuals, and now, the number of non-financial firms that offer these services is on the rise. 

Financial IT catches up with Dan McLoughlin, CTO of OneSpan at MoneyLive Summit 2023 to discuss the importance of digital agreement security for enterprise organizations, and how it helps to protect against fraud and other forms of cybercrime

The Berlin-based Fintech Raisin has raised €60 million in a series E funding round, from existing and new investors. The global savings and investment specialist recently exceeded 1 million customers, for which a total of €850 million in interest has been generated since founding the company in 2012. Raisin has been profitable for half a year and currently manages a total of €38 billion Assets under Management (AuM) for customers globally. In the past 6 months alone, AuM grew by more than 30%.

SoftPoS, also known as "Tap to Pay" technology, has revolutionised the way businesses accept payments. Small businesses have traditionally relied on expensive hardware, such as chip and pin machines for transactions. However, SoftPoS enables businesses to process payments through the software on a mobile device, such as a smartphone or tablet, eliminating the need for physical hardware and increasing sales opportunities.

London-based SME funder 365 Business Finance has signed an all-new multi-year agreement to become an Associate Partner to Crystal Palace Football Club.

Including the remainder of the 2022/23 season, this ground-breaking partnership for 365 Business Finance means the company’s branding will be visible to fans at Selhurst Park, for the first time, on Saturday 01 April as Crystal Palace takes on Leicester City.

Calastone, the largest global funds network, has released its Global Funds Automation Report, revealing that manual processes and antiquated technology like fax machines remain the backbone of many asset managers’ operations, despite the industry’s desire to transform.

Thunes, a global cross-border payments firm headquartered in Singapore, has raised US$30 million from London-based hedge fund Marshall Wace, according to VentureCap Insights, which tracks regulatory filings in the city-state.

Peter de Caluwe, CEO of Thunes, has confirmed to Tech in Asia that Marshall Wace is the new investor.

OKX, the world-leading cryptocurrency platform, has issued updates for the week of March 20, 2023.