Not enough is being done to foster trust in the digital security of financial institutions (FIs), according to our latest annual report examining consumer perceptions of digital safety across the public and private sectors globally.

Promon, the leading provider of application shielding technology responsible for recently uncovering FjordPhantom, an emerging cyber threat targeting banks in Southeast Asia, today reveals the findings of its latest research into the susceptibility of the world's top banking apps to this sophisticated new strain of malware.

PaymentComponents Ltd, a pioneer in financial technology, in collaboration with Infosistema, a leader in technology and business consulting, proudly announces its instrumental role in the development of Unicâmbio's new digital wallet. This innovative solution is powered by the robust and versatile aplonAPI Open Banking platform.

The British Business Bank has launched an asset-based lending variant of the Recovery Loan Scheme.

The asset-based lending variant aims to broaden the support available for small businesses in the UK to access finance through the Recovery Loan Scheme, making use of a broad range of business assets.

Banks have vastly evolved over the last 50 years but the underlying global financial system has remained largely the same; obscure and inefficient. The advent of regulated digital assets and programmable money, along with its adoption by central banks around the world offers a root and branch transformation of how value will move around the world.

VNX, a renowned European player of real-world asset tokenization, has marked a new milestone with the launch of its stablecoins, VNX Euro (VEUR), VNX Swiss Franc (VCHF) and tokenized gold  VNX Gold (VNXAU) on the Solana blockchain. The move emphasizes VNX's commitment to broadening the utility and accessibility of stable assets within the digital ecosystem. 

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has announced leading enterprise distributed ledger technology and services firm R3 as a key council member of the Digital Asset Lab. R3 will join PwC, a professional services firm, and Fireblocks, a digital asset transfer and direct custody technology platform, as the founding council members of the Lab.

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced the appointment of Megan Cooper (nee Caywood) as Chief Product Officer. 

Mollie, today unveiled the UK findings from its latest European E-commerce Report. The report highlights how spending and payment behavior has shifted in light of growing inflation and the cost of living crisis. Despite economic challenges, nearly half of consumers believe the economic situation will improve in the short term and expect to spend more in the next year. 

Regtech Salv, with its suite of tools to help banks and service companies fight financial crime, has raised €3.9m in new funding, bringing its capital raised this year to €7.9m and total funding to €12.1m. The round includes investments from new and existing investors and is a testament to a strong year for the Estonian-based regtech, which is on track to double its revenue in 2023 compared to 2022.