The Dubai Financial Services Authority (DFSA) has today published Decision Notices against two firms, imposing financial penalties of USD 5,600 and USD 8,400 respectively, after a settlement discount.  Were it not for the settlement, the DFSA would have imposed financial penalties of USD 8,000 and USD 12,000 respectively. 

Carta Worldwide, the proven global digital payments pioneer and a subsidiary of Mogo Inc., today announced the launch of a new study that reveals consumers are increasingly ambivalent toward their payments providers because they are failing to meet their needs in the economic downturn. 

Obligate, formerly known as FQX, announced it has successfully closed a seed extension funding round, allowing them to scale their blockchain-based platform for bonds and commercial paper.

Blockchange Ventures and Circle Ventures join initial seed co-investors Earlybird and SIX Fintech Ventures – bringing the total seed raise to more than $8.5 million.

Temenos today announced Microsoft, LTIMindtree Syncordis, OneAston, Synpulse, Xpert Digital and eXate as the winners of its Partner IMPACT awards. The awards recognize the excellence of Temenos partners in driving innovation and customer success on top of Temenos open platform for composable banking.

Tracxn, a leading global SaaS-based market intelligence platform, has released its Fintech India Report - 2022. The report, based on Tracxn’s extensive database, provides insights into India’s Fintech space.

MyShubhLife, India's largest digital lending and full-stack financial service platform and India’s leading fintech, MobiKwik have partnered to offer Digital Credit at a nominal rate of interest, with a frictionless experience to MobiKwik customers. With the technology-led partnership, MyShubhLife aims to disburse loans to millions of MobiKwik customers.

Digital Asset Research (DAR), a leading provider of crypto asset data and research, today announced the release of its January 2023 Crypto Exchange Vetting results. In an environment where cryptocurrencies trade across hundreds of lightly regulated or unregulated exchanges, DAR’s vetting processes apply institutional-level diligence to digital asset markets to meet an industry-wide need for reliable crypto data.

Okcoin, one of the world’s largest and fastest-growing cryptocurrency platforms, together with crypto investment firm Paradigm, today announced that the companies are partnering on a grant for Bitcoin

Forter, the Trust Platform for digital commerce, today announced the acquisition of Immue, a bot detection company based in Tel Aviv, Israel. Forter’s first acquisition will not only strengthen the company’s existing fraud management capabilities but add Immue’s domain-specific bot expertise.

Sentinels, a Fenergo company and Europe’s leading intelligent transaction monitoring and client risk management specialist, today announces the launch of its new platform solution for transaction monitoring. The SaaS platform is designed to help financial institutions detect and eliminate financial criminality with greater speed and accuracy than ever before.