In March 2023, PayPugs and Muniy signed an agreement to launch a global Fintech as a Service solution which will allow businesses to easily integrate financial services into their product offerings, providing greater convenience and flexibility for their customers. The partnership between both parties creates a new force in the market to accelerate fintech service adoption within the United Kingdom and Europe. 

Today, UK-based financial technology platform myPOS unveils Go  2 – the next generation of its best-selling device myPOS Go. The launch is celebrated with a  discount offer that gives business owners a chance to purchase a modern POS device for £19  until April 30th. 

Zenus Bank, the digital bank that makes U.S. bank accounts available internationally, without the need to be a U.S. citizen or resident, has become the first bank to launch Visa Infinite Debit Card to a global audience. 

This world first follows Zenus becoming the first International Financial Entity to become a Principal Member of Visa in 2022.

North American Bancard (NAB), LLC, a U.S.-based leader in electronic payment solutions, is pleased to announce that Director of PCI Compliance Kera Logan, has been selected as part of the Electronic Transaction Association’s (ETA) 2023 Forty Under 40 class. The list of honorees recognizes innovative leaders and influencers in the payments industry.

Challenges for CPAs with Crypto Data

Blockchain technology and cryptocurrencies (crypto) present a multitude of challenges for CPAs. This article will examine some of those challenges and provide helpful tips.

1. Data is king

Truzo, the first African-focused FCA-approved digital escrow service, officially launches in the UK this week. An established and fast-growing player in South Africa, Truzo now makes transactions between the UK and South Africa safer and more reliable, providing both buyers and sellers of goods and services greater confidence and security.

InvestCloud, the global leader in digital transformation for the financial industry with over $6 trillion in assets, today announced partnerships with leading asset managers, AssetCo and Westwood Group to innovate the digital distribution of financial products and strategies. Launching in the US initially, the partnership lays the foundation for both AssetCo and Westwood to tap into new markets through the InvestCloud platform’s global reach.

For the third year in a row, Sun Finance, a Latvia-based financial technology company, has been ranked as one of the fastest-growing companies in Europe by The Financial Times, the world’s leading business newspaper. This result allows Sun Finance to become the only Latvian company which has earned a spot in the ranking for three consecutive years.

UK financial services organisations are collectively spending £34.2 billion each year on financial crime compliance (FCC), according to the latest True Cost of Compliance report from LexisNexis Risk Solutions. This figure represents an increase of 19% since 2020.

Mia-FinTech, the technology provider for banks and financial institutions based on the Mia-Platform technology, announced that it has launched Payment Integration Hub (PIH), a new application that brings together all digital payment methods in a single console.

The B2B2C offering will allow all kinds of companies to integrate and handle different payment APIs in a single modular, ready-to-market solution where they can manage the entire digital payments lifecycle.