Arab Financial Services (AFS), in partnership with Samsung Gulf Electronics, has introduced Samsung Pay to Oman, marking a significant milestone in the Sultanate's digital transformation journey. As the region's leading digital payment solutions provider and fintech enabler, AFS is once again demonstrating its commitment to driving innovation and enhancing customer experiences.
 

AzeriCard, a premier card processing service in Azerbaijan, announces the integration of Apple Pay and Google Pay for its users. This enhancement, facilitated by Akurateco’s payment solutions, marks a significant milestone in AzeriCard’s commitment to providing cutting-edge financial services.

The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered a consent order of permanent injunction and other equitable relief against FTX Trading Ltd. and Alameda Research LLC (together, FTX) and ordered FTX to pay $12.7 billion in monetary relief to FTX customers and victims of FTX’s fraud.

Amazon and Santander today announced a partnership to launch its new Amazon Visa credit card in Germany. The card has no annual fee and does not require customers to open a new bank account. Amazon Visa enables customers to earn rewards while shopping on and off Amazon.de, which can be redeemed for purchases on Amazon.de.

Amazon and Barclays, one of the UK’s largest credit card providers, announce a new partnership to launch a co-branded credit card in the UK. The new card enables customers to earn rewards on everyday spending*, which can be redeemed for gift cards on Amazon.co.uk.

Walnut, an innovative force in the insurance distribution industry, today announced the successful close of its latest funding round, securing $4.6M. The investment will be used to expand Walnut's groundbreaking embedded insurance technology platform for insurers, brokers and enterprise businesses looking to participate in the future of insurance distribution.

Thunes, the Smart Superhighway for money movement around the world, today announces it has hit major growth milestones, exceeding $100m run-rate Revenue whilst remaining firmly on course to reach EBITDA break-even by year-end.

Authorised Push Payment (APP) fraud has become a huge concern for consumers and fintechs across the UK - with recent data revealing that losses from APP fraud will reach $6.8 billion by 2027 alone. In response to this, UK regulators proposed a four day hold on payments where fraud is suspected - a decision that will inevitably stifle innovation and stall business operations.

FullCircl, a UK-based RegTech which is uniquely placed at the intersection where revenue meets regulation, has announced a new partnership with LSEG Risk Intelligence.  The partnership provides instant access to a broad global collection of information providers supporting document verification, biometric checks and third-party data validation, helping regulated businesses reduce identity fraud whilst delivering a superior customer experience.