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How AI Transforming Financial Services - Interview with Adam Lieberman, Chief AI Officer at Finastra
Wednesday, January 15, 2025 - 07:50
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Financial IT
Dfns Secures $16M to Expand Its Crypto Wallet Infrastructure for Finance

Dfns, the leading wallet-as-a-service platform for crypto assets, has successfully closed a $16 million Series A, led by Further Ventures, the venture arm of Abu Dhabi’s largest sovereign wealth fund, ADQ. This round also saw participation from historic investors such as White Star Capital, Hashed, Semantic, Techstars, and Bpifrance, alongside new backers including Motive Partners, Wintermute, and Motier Ventures.

Our Institutional Focus Paid Off

Tuesday, January 14, 2025 - 15:45
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Financial IT
Oasis Travel Selects emerchantpay as Their Sole Acquirer to Power Seamless Payments for Its Travellers

emerchantpay, a leading global payment service provider (PSP), today announces its partnership with Oasis Travel, a leading independent travel agency in Northern Ireland. As their sole acquirer, emerchantpay will deliver advanced payment solutions to enhance the customer experience across Oasis Travel’s high street branches. 

Tuesday, January 14, 2025 - 15:37
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Financial IT
Transform Your SaaS Strategy With Embedded Finance

The SaaS landscape has evolved into a competitive arena, where standing out is more critical than ever. With new business models emerging and customer demands constantly shifting, SaaS providers are under pressure to not only attract but also retain customers in an increasingly crowded market. As customer acquisition costs soar and returns on investment shrink, the need for differentiation and efficiency is at an all-time high.

Tuesday, January 14, 2025 - 15:30
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Financial IT
Instant Payment Regulation: PSD2 Déjà Vu?

Customer Experience: The Key Battleground

Intended to accelerate the rollout of real-time payments in Europe, the EU’s Instant Payment Regulation (IPR), which came into force on 9 January 2025, requires European banks to be capable of receiving instant payments (SEPA Instant). Looking ahead, Europe's real-time payments revolution reaches another tipping point in October, as euro-zone banks sprint to meet the deadline to support outgoing SEPA Instant payments.

Tuesday, January 14, 2025 - 15:26
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Financial IT
Endowus Latest Fundraising Round Increases to Over US$50M From Strategic and Impact Investors

Endowus, Asia’s leading digital wealth advisory platform has increased its total funding to over US$110 million. An additional raise of US$17.5 million follows from their US$35 million raise last year to take the total for this round to US$52.5M. New investors include Malaysia-based OSK Ventures and Asia Companion Fund (ACF) managed by the Wells Investment and JLIN LLC, the mission-driven firm established to make positive impact by professional basketball player Jeremy Lin. This is ACF’s first FinTech investment in Asia.

Tuesday, January 14, 2025 - 15:16
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Financial IT
Valor PayTech Welcomes Tom Pojero as Executive Vice President

Valor PayTech, is excited to announce the appointment of Tom Pojero as its new Executive Vice President. Tom brings more than three decades of experience in the payments and financial services industries, having held senior leadership roles at globally recognized organizations including Visa, Worldpay, and American Express.

Tuesday, January 14, 2025 - 15:06
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Financial IT
AU10TIX Prevents an Estimated $7.5 Billion of Identity Fraud in 2024

AU10TIX, a global leader in identity verification and management, today announced that its solutions protected businesses worldwide against an estimated $7.5 billion in fraud in 2024, totaling approximately $24 billion since 2021. This is one of several significant achievements for the company in a year defined by international growth and portfolio expansion.

Tuesday, January 14, 2025 - 14:48
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Financial IT
Klarna Is Now Available to Millions of New Businesses, in Strengthened Partnership With Stripe

Klarna, the AI-powered global payments network and shopping assistant, has strengthened its global partnership with Stripe, a financial infrastructure platform for businesses. Stripe-powered businesses in 25 countries can now instantly offer Klarna to their customers. The improved partnership has already helped Klarna double the number of new merchants offering Klarna for the first time in Q4 2024, compared to previous quarters.

Tuesday, January 14, 2025 - 14:41
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Financial IT
XTransfer Officially Receives MPI License From the Monetary Authority of Singapore

XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, was granted the Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS). This significant milestone strengthens XTransfer's leading position in the B2B cross-border payments industry. The license was officially issued on January 1, 2025, by MAS.

Tuesday, January 14, 2025 - 14:36
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Financial IT

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