XConnect, a Somos Company, the provider of world-class numbering intelligence solutions has partnered with Sekura.id, a leading global provider of mobile identity data, to assist in the fight against digital identity fraud for global banks, fintech innovators, and crypto and consumer brands.

London has long been a global financial hub, often competing for the top spot alongside financial giants like New York. However, the sustainability of this status quo is being questioned as a new challenge emerges on the horizon—one that has the potential to reshape the landscape of the UK's financial sector.

The city welcomed over 4,000 fintech professionals from across the world for the event that was held at the City of Dreams Integrated Resort in Limassol, Cyprus, from September 19 to 21, 2023. Running for more than 10 years, iFX EXPO International gives C-suite executives a common platform to connect, collaborate and build a community that leads the financial space into a transformative future. 

Millennials and Gen X said they spent more than Gen Z when it comes to using buy now, pay later for online shopping over the past 12 months according to the latest Q3 2023 Consumer Pulse survey from a global information and insights company TransUnion. Compared to 54% of Millennials and 39% of Gen X who reported spending spent above £500, only 35% of Gen Z said they spent above this amount.

Many Americans strive to save more money but aren't actually taking the steps necessary to do so. GOBankingRates wants to empower our readers to take the actions needed to save more for their various goals by offering approachable tips and advice as part of our National Savings Day content series.

Cardless, Inc., a San Francisco-based leader in financial technology, is announcing a game-changing upgrade to the Simon® American Express® Credit Card, providing shoppers with an unprecedented level of rewards.

All-in-one card app Curve has added integration with PayPal to its suite of payment options.

Farther – the leading technology-centric wealth management firm – announced today the successful closure of its oversubscribed Series B, securing $31 million in investments for the round. This achievement has propelled the firm's valuation to $131 million, marking a 2.5x increase compared to its previous valuation – all within a span of approximately one year since the successful completion of its Series A funding round.

Capital Management and CCAR are key priorities for banks in the US today. It is of crucial importance that banks ensure that they can pass upcoming CCAR exams and overcome the current challenges faced by the state of the economic environment and subsequent new scenarios they are facing. Banks need to ensure their capital management practices fit macroeconomic influences and emerging risks, incorporate climate risk considerations and re-evaluate the benefits and limitations in the use of data and automation.

Mexican neobank, albo, has proudly announced its latest accomplishment of closing a growth funding round worth $40m.

The recent infusion was spearheaded by United States-based Morpheus Ventures. The funding round also witnessed significant backing from former supporters like the US-based Valar Ventures and Mexico’s own Nazca Ventures. This fund collection serves as a landmark achievement in albo’s development.