ALT21, a leading hedging technology company, welcomes Ann Stock to its board of directors.

The Board announcement follows the Company’s recently closed USD 21mio (19.4mio EUR) million funding round, one of the largest pre-series A funding rounds in Europe so far this year, to support the next stage of its growth.

New research from leading international payment service provider and UK and Europe direct bank card acquirer, Ecommpay, reveals that men are more likely to use Buy Now, Pay Later (BNPL) (44%) compared to women (35%) this Black Friday. When asked why, two in five consumers (39%) cited the increasing cost of living and inflation as their reason for using BNPL services more in 2023 – with expected use up from 35% in 2022.

Nigerian trade finance startup FrontEdge, a company focused on facilitating cross-border trades for African SMEs, has raised a substantial $10m in a mix of debt and equity funding.

Lasso Security, innovators in Large Language Models (LLMs)  cybersecurity, announced a $6 million seed round led by Entrée Capital with the participation of Samsung Next. Every few years there's a major technological revolution. In the 90s, it was the internet; in the 2010s, it was the cloud and most recently, we have Generative AI.

A new digital solution that helps identify and support people in vulnerable situations has been launched at one of the UK’s leading credit unions.

Developed by Sopra Steria Financial Services, a subsidiary of the purpose-led digital transformation provider, Sopra Steria, and in partnership with the University of Edinburgh, Support Point will soon be available to all members at Capital Credit Union.

As the holiday season approaches, SEON, a leader in online fraud prevention, has shed some light on the unique challenges and trends that businesses face during Black Friday and Cyber Monday. Drawing from its own internal data, SEON presents a nuanced picture for online businesses operating during this period.  

AMLYZE, a leading RegTech specializing in anti-financial crime solutions for FinTechs, banks and crypto businesses, and Plumery, a 3rd generation digital banking solution provider, have joined forces in a groundbreaking partnership to reshape the landscape of financial technology.

The regulatory landscape for cryptocurrencies in Europe is a tapestry of diverse approaches, from pioneering jurisdictions to EU-wide harmonization efforts. Navigating this landscape requires adaptability, collaboration, and a nuanced understanding of the interplay between regulation and innovation.

Unlocking the full potential of cryptocurrencies in Europe demands staying informed and agile in an ever-evolving regulatory environment!

IDEX Biometrics has received an initial order for IDEX Pay from a smart card manufacturing partner in Asia who will deploy biometric metal payment cards for their bank clients world-wide. Cards produced from this order are expected to reach customers during the first quarter of 2024.