Aivitam Ventures, together with Forbes Cyprus, proudly concludes The Future of Fintech Summit 2023, marking a historic milestone as the first-ever event of its kind in Cyprus. This two-day extravaganza unfolded in the City of Dreams, Limassol, on December 7-8, seamlessly blending offline and online engagement, bringing together over 500 industry leaders, visionaries, and innovators from the fintech landscape. 

Agenda Highlights

FOMO Pay, a Singapore-based digital payment leader, has joined forces with Zand Bank, the UAE's first digital bank, in a strategic partnership to facilitate seamless cross-border payments between the dynamic markets of Asia and the Middle East and North Africa (MENA).

The Western Union Company today announced the appointment of Julie Cameron-Doe to the Company’s Board of Directors, effective December 12.

TransUnion, a global information and insights provider and one of the UK’s leading credit reference agencies, won best Anti-Fraud Solution for a second consecutive year at the Credit and Collections Technology Awards 2023.

Ncontracts, the leading provider of integrated compliance, risk, and vendor management solutions to the financial services industry, announced it has acquired Quantivate, a growing provider of governa

Consumer preferences continue to shift at a rapid pace, and banks and credit unions are being challenged to adapt. In addition to evolving customer expectations, institutions across the globe face lingering economic pressures that make driving efficiencies and optimizing processes a significant priority.

These factors are creating both challenges and opportunities as we look to a new year. Experts from NCR Atleos today shared the following trends to watch in 2024.

Humans have always pushed boundaries. From searching for new worlds in the 15th century to exploring new planets today, the human race is constantly seeking change and innovation – and that’s no different in the banking world.

Spectrum Markets (“Spectrum”), the pan-European trading venue for securitized derivatives, has published its SERIX sentiment data for European retail investors for November, revealing a sharp decline in sentiment towards the German DAX 40 index, reaching 93 points this November, its lowest point in the past two years. 

The benchmark index DAX 40 comprises the 40 largest German stocks listed on the Frankfurt Stock Exchange.

Citi has led a strategic investment round in Supra. Far Out Ventures and H20 Capital also participated in the financing round.

Supra is a Colombian fintech that enables cross-border payments and treasury solutions for small and medium-sized businesses (SMBs) that participate in import and export activities.

IXOPAY, a leading payment orchestration platform, and Visa, a global leader in payments, are pleased to announce the introduction of support for network tokenization in IXOPAY. Network tokenization simplifies the handling of card-on-file transactions for merchants, which are commonly used to handle subscription billing as well as purchases by return customers.