Open banking adoption is on the rise and gaining momentum -- but its development is at a pivotal point if the technology is to reach true ubiquity, according to a new report released by consultancy 11:FS and bank payment company GoCardless.

dLocal, the leading cross-border payment platform specializing in high-growth markets, today announced its partnership with Fourvenues, an advanced management software designed for the entertainment industry.

NayaOne, a leader in digital transformation platforms for enterprises, today announced it is driving the rapid adoption of generative AI within the financial services industry leveraging the NayaOne Digital Sandbox and NVIDIA's accelerated computing platform, including NVIDIA NIM microservices, a part of the NVIDIA AI Enterprise software platform.  

Liquidnet, a leading technology-driven agency execution specialist, today announced the appointment of Eric Blake as Head of Latin America. In this role, Blake will be responsible for expanding Liquidnet’s business in the region, with an immediate focus on identifying new sources of actionable liquidity and delivering tailored technology solutions to both local and international asset managers. Based in New York, Blake reports directly to Alan Polo, Head of Equities Sales and Trading, Americas.

Adyen N.V. announces that in its Extraordinary General Meeting (EGM) the shareholders approved the appointment of Tom Adams, the incoming Chief Technology Officer (“CTO”), as a member of the Management Board. Tom will take over from Alexander Matthey, who will step down as CTO and Member of the Management Board of Adyen N.V. with effect from the date of the EGM. Until the end date of his service agreement, being 1 January 2025, Alexander remains available for a deliberate and prudent transfer of duties to Tom.

In 2024, ransomware continues to be the most prevalent form of cyber-attack, affecting three out of four organisations, according to Veeam. The increasing frequency and sophistication of these attacks are driven by easy access to ransomware kits on the dark web and the significant profits cybercriminals generate through extortion schemes.

In the UK, authorised push payment (APP) fraud losses amounted to £459.7m in 2023. In reality, the cost is higher. Beyond the victim’s losses, there are the costs to the company in chargebacks, administration, mitigation, brand reputation and future sales.

With over 833.70 million cryptocurrency users worldwide as of 2024, the integration of digital currencies into mainstream financial and e-commerce systems is just a matter of time.

dLocal, the leading cross-border payment platform specializing in emerging markets, today announced its strategic partnership with USI Money, a prominent foreign exchange provider and money transfer operator.