The Global Legal Entity Identifier Foundation (GLEIF) has welcomed the first commercial demonstration of Legal Entity Identifiers (LEIs) embedded within digital certificates by the China Financial Certification Authority (CFCA). Simultaneously, GLEIF confirms that CFCA, which is a member of the GLEIF Certification Authorities (CA) Stakeholder Group, is the newest Validation Agent in the Global LEI System and the inaugural CA to sign up for the Validation Agent role.  

Leading open banking payments platform, Token, today announces it has been granted official authorisation by the German Federal Financial Supervisory Authority, BaFin. Token GmbH is now a licensed Payment Initiation Services Provider (PISP) and Account Information Services Provider (AISP) in Germany, with passporting rights planned for an additional 26 countries.

Aire, the pioneering data and technology company, today announced its plans to expand into the US market as it looks to hire a new Senior Commercial Executive, tasked with leading the credit fintech’s international go-to-market strategy.

The innovative risk management and fraud prevention company Cybertonica today announced its strategic partnership with Acuris Risk Intelligence (ARI), the independent data intelligence provider. The partnership will integrate Cybertonica’s cutting edge real-time behavioural biometrics platform with the Risk Intelligence flagship fraud product Cybercheck.

Bitcoin investors should be braced for – but not put off by – “much greater government scrutiny,” warns the boss of one of the world’s largest independent financial advisory and fintech organizations.

The warning from Nigel Green, CEO and founder of deVere Group, comes on the day Coinbase, the biggest cryptocurrency platform in the U.S., prepares for its public debut.  

It launches its initial public offering (IPO) on the Nasdaq under the symbol COIN starting on Wednesday.

Decimal Technologies, one of India’s leading FinTech firms, disbursed loans worth $200 million during the fiscal year 2020-21, through its digital lending platform. In the unprecedented times last year, the company also aided the activation of 1.5 million end customer across the country, working with banks, NBFCs and Direct Selling Agents (DSAs).  MSMEs, Loan Against Property and Home Loans form the majority of loans disbursed via the company’s AI-enabled No-Code platform.

While it is difficult to quantify the true economic and societal costs of financial crime, we know only 1% of laundered funds are detected, suggesting that the current system of financial crime prevention is not working. Globally, it is estimated that between $800 billion and $2 trillion in laundered money flows through the financial system every year, and an overwhelming majority of it goes undetected.

Financial institutions are more dependent on AI models for every aspect of the enterprise, including limiting risk, preventing fraud, and making hyper-personalized offers based on a customer’s last interactions.  However, according to a McKinsey survey, 24 out of 100 organizations stated that the biggest barrier to AI implementation is the lack of usable and relevant data.

NFT Investments, an investment company specializing in non-fungible tokens ("NFTs"), is pleased to announce that it has raised £35 million before expenses, more than three times initially planned, for its flotation on the Aquis Stock Exchange Growth Market (Access segment), valuing the Company at a market capitalisation of £50m.

Semafone®, the leading provider of data security and compliance solutions for call and contact centers, today announced a global reseller partnership with Avaya (NYSE:AVYA), the leader in cloud-based solutions designed to enhance and simplify communications and collaboration.