Future FinTech Group Inc., a blockchain application technology developer and fintech service provider, announced that Future FinTech Labs ("FTFT Labs"), a wholly subsidiary of the Company, has teamed up with CurrencyCloud, a subsidiary of Visa and a global payment platform that is registered with FinCen and is licensed for money transmission in various states in the US, to launch the remittance app Tempo to offer US-based immigrants and others a streamlined, secure and cost-effec

UK-based InsurTech Stubben Edge Group (the Company) has secured a further £5.6m in investment following an over-subscribed £10 million round in September last year. Cornerstone investors include a number of Lloyd’s Names, Nigel Wray, Dowgate Wealth, family offices, institutional investors and other HNW investors.

Financial services, like many other aspects of the global economy, have been profoundly influenced by the pandemic and the war happening in Ukraine. Since then, FinTechs had to learn how to lead the financial services sector in a period of severe challenges. FinTech has been a key booster of digital payments as consumers have quickly moved towards contactless payments and online shopping. Now we are facing the times when the recession and other aspects like the pandemic started affecting FinTechs.

Kroll, the leading independent provider of global risk and financial advisory solutions, today announced its report Cyber Risk and CFOs: Over-Confidence is Costly which found chief financial officers (CFOs) to be woefully in the dark regarding cyber security, despite confidence in their company’s ability to respond to an incident.

Strong Customer Authentication for all online transactions exceeding £25 was introduced in the UK in March. And it’s about more than just mitigating fraud.

73% of UK retailers have a solution in place to comply with Strong Customer Authentication (SCA) rules, which came into effect in March 2022.

Adyen, the global financial technology platform of choice for leading businesses, today announced the expansion of Real-Time Visa Account Updater (VAU) to Europe.

Trust announced today that its community of customers has reached 100,000 following its launch on 1 September 2022. Sign-ups were received from a diverse range of users in Singapore aged 18 to over 90. 

Tuum, an Estonian-born next-generation core banking platform, has partnered with Salt Edge, a leader in open banking solutions, to help financial services providers from all over Europe to leverage the full spectrum of open banking features – fast and secure.

J.P. Morgan announces today that it has signed an agreement to acquire Renovite Technologies, Inc., a leading cloud-native payments technology company.

Payhawk, the spend management solution with a presence across the UK and Europe, officially launches in the US today. The unicorn has opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and the US. The US launch is a key part of Payhawk’s expansion strategy, following a record year of growth that has seen its revenue grow 524%, and its employee headcount grows 250%, year to date.