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Mastercard and Paymob Launch Tap-on-Phone in Egypt, A New Digital Payment Solution for Small Businesses

Paymob, Egypt’s pioneer in digital payments, has partnered with Mastercard to launch the Tap-on-Phone digital payment acceptance service in Egypt, the first-of-its-kind in the country.

Tuesday, November 9, 2021 - 17:36
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Financial IT
Fidelity, Visa and Kingsway back South African fintech JUMO in $120M round

 

JUMO, a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. The company is now valued at $400 million, according to The Times.

Tuesday, November 9, 2021 - 17:13
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Financial IT
Bitfrost Appoints new Managing Partner to Lead Business Growth

Today, fintech company Bitfrost has announced that Anton Chashchin will take on the role of Managing Partner to spearhead the firm’s international growth. 

Anton Chashchin will lead Bitfrost’s strategic growth trajectory across all business areas as the firm expands its operations in Switzerland, the EU, Gibraltar, and Singapore.

Tuesday, November 9, 2021 - 16:58
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Financial IT
GreenBox POS Announces Closing of $100 Million Convertible Note Financing

GreenBox POS, an emerging fintech company that leverages proprietary blockchain security and token technology to create customized payment solutions, today announced the closing of its previously announced $100 million convertible note financing ($84 million following the deduction of an original issue discount).

Tuesday, November 9, 2021 - 16:41
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/news/blockchain/greenbox-pos-announces-closing-100-million-convertible-note-financing
Financial IT
Fusion Risk Management Named Best Vendor Solution for Managing Operational Risk in RegTech Insight Awards APAC 2021

Fusion Risk Management, Inc. (“Fusion”), a leading provider of operational resilience, business continuity, and risk management software and services, today announced it has been named the Best Vendor Solution for Managing Operational Risk in the inaugural RegTech Insight Awards APAC 2021. 

Tuesday, November 9, 2021 - 16:29
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Financial IT
Cabital Adds GBP to Payment Methods via BCB Group Partnership

Cabital, a leading digital assets institution, today announced that it has partnered with BCB Group (BCB), one of Europe’s leading provider of business accounts and trading services for the digital asset economy, enabling it to incorporate GBP to its growing list of payment methods.

Tuesday, November 9, 2021 - 16:15
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Financial IT
Bottomline Announces Acquisition of Bora Payment Systems

Straight through processing capabilities added to Paymode-X Network

Tuesday, November 9, 2021 - 16:02
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/news/transaction-banking/bottomline-announces-acquisition-bora-payment-systems
Financial IT
Qupital Secures US$150 Million Round to Accelerate Global Expansion and B2B "Buy Now, Pay Later" Product

Asia’s leading e-commerce financing platform launches merchant financing securitization facility with Citi, first deal of its kind in Asia

Tuesday, November 9, 2021 - 15:41
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Financial IT
Broadridge Appoints Trip Chong as Director of Business Development, Securities Class Actions Services

Broadridge has hired Trip Chong as Director of Business Development for its Securities Class Actions solutions. Trip joins Broadridge from specialist investor litigation monitoring, advisory and recovery firm, Institutional Protection, where she was Head of Strategic Partnerships. Trip worked closely with law firms, litigation funders and investor rights groups to help clients navigate the complex landscapes of international securities litigation.

Tuesday, November 9, 2021 - 15:36
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Financial IT
Research Finds Alarming Jump in Phishing Attacks

PhishLabs Threat Trends and Intelligence Report show attacks grow 31.5% year-to-date over 2020, with social media attacks continuing to climb; September more than doubles its phishing activity over the same month last year

Tuesday, November 9, 2021 - 15:26
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Financial IT

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