The United States is enjoying a robust startup scene that has resulted in most companies attracting significant valuations backed by external factors like friendly regulations. Indeed, the operating conditions have partly resulted in the U.S. dwarfing other global economies in the number of unicorns.

KuCoin, one of the largest exchanges worldwide, announced that it has engaged Mazars, a leading international audit, tax and advisory firm, to provide a third-party factual findings report. 

With an impressive number of top-rank financial and fintech brands nominating themselves for one or more of the now industry-recognised UF AWARDS MEA, nominations are rapidly coming to an end. Have you nominated your brand?

Sales enablement has become an increasingly important part of business strategy throughout the course of the last twenty years, enabling companies to maximise the potential of every customer contact while enhancing productivity and efficiency. However, as technology develops to provide ever more sophisticated sales enablement, it is integral that businesses consider the ethics behind their strategies and ensure that any actions they take are for the good of the customer as well as the business.

Fnality and HQLA^X announce the successful completion of the first proof of concept (PoC) delivery versus payment (DvP) repo settlement across the Fnality Payment System (FnPS) and HQLA^X’s Digital Collateral Registry, bridging the distributed ledger technologies (DLT) of Enterprise Ethereum and R3 Corda, respectively.  

HashKey Digital Asset Group (“HashKey” or “HashKey Group”) and SEBA Bank AG (“SEBA Bank”) have today announced a new strategic partnership that will see both financial services groups leverage their digital asset service offerings as well as custody and asset management products to accelerate the institutional adoption of digital assets in Hong Kong and in Switzerland. 

Global analytics software company FICO has revealed the findings from its latest fraud survey with consumers showing that strong fraud protection can be a competitive differentiator. When asked to rank their considerations in selecting a financial account provider, the top factor for 30 per cent was good fraud prevention. This came above value for money at 26 per cent.

Biometric authentication offers an innovative way for a user to authenticate themselves. A user’s face, iris, fingerprint or even voice can be used to authenticate a payment. This provides a seamless user experience without compromising on security. However, a successful project requires careful strategic planning and execution to navigate the necessary security and regulatory challenges.

Allica Bank, the leading fintech SME challenger bank, has announced a £100 million Series C funding round led by global growth technology investor, TCV, with participation from existing investors Warwick Capital Partners and Atalaya Capital Management.