Tuum, a leading next-generation core banking technology provider, is proud to announce its inclusion in Celent’s highly regarded Retail Banking Core Systems: Next-Generation Core Banking Edition, 2024. This extensive evaluation highlights the most innovative and effective core banking solutions in the global market.
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bunq, Europe's first AI-powered bank, today announced a significant upgrade to its AI assistant, Finn, making it the first bank globally to introduce real-time speech-to-speech translation within its app. The enhanced Finn is now capable of instantly translating both the user’s speech and the support agent’s responses in real-time, ensuring a smooth conversation without the need for external translation apps. Besides, Finn now understands and processes visual information and makes the bunq app available in more than 30 languages.
AstroPay, a global fintech leader redefining cross-border finance, today announced the launch of its multicurrency wallet, a financial tool designed to simplify how users manage money across borders. The wallet enables individuals to hold, exchange, and transact in multiple currencies through a single secure app. Designed for global citizens, it empowers users to navigate the complexities of international finance, whether traveling, working remotely, or conducting business globally.
Visa's critical investments in the fight against fraud are paying off for holiday shoppers this holiday season. On Cyber Monday alone, Visa blocked nearly 85% more suspected fraud globally compared to last year.1 Throughout the holiday weekend, suspected fraudulent transactions rose 200% around the world, due in part by the adoption of AI by fraudsters.2
Allica Bank has smashed through £3 billion in lending and £4 billion in deposits as the UK’s established SMEs flock to the challenger that promises to deliver ‘business banking how it used to be, just better’.
bunq, the second largest neobank in Europe, today unveiled bunq Points, its first loyalty program designed to reward users for everyday spending. Announced during the bunq Update 27 event in Amsterdam, the program is tailored to meet the needs of digital nomads and everyday users alike, offering exciting ways to make every euro count.
BVNK, the global leader in stablecoin payments infrastructure, today announced the successful closing of its $50 million Series B funding round, led by Haun Ventures, with participation from Coinbase Ventures, Scribble Ventures, DRW VC and existing investors Avenir and Tiger Global. Diogo Mónica (General Partner) is leading the deal on behalf of Haun Ventures.
Wise, the global technology company building the best way to move and manage the world’s money, today announced that it has been selected by Morgan Stanley, a leading global financial services firm, to facilitate Morgan Stanley’s foreign exchange international settlement capabilities for its corporate customers. Morgan Stanley will offer clients high-speed cross-border settlements through Wise Platform, Wise’s global payments infrastructure for banks.
Praxis Tech, a leading Payment Orchestration Platform, today announces that it has achieved the ISO/IEC 27001:2022 certification, the leading global standard for Information Security Management Systems (ISMS). This significant milestone affirms that the company meets the highest levels for data security, availability, and reliability across its entire organization and underscores its role as a trusted partner for merchants by providing assurance that its procedures have been rigorously reviewed and certified by an accredited body.