Global loss figures published by ORX, the world’s largest operational risk association, reveal a decline in total gross loss across the banking community. This is despite the challenging environment created by both external threats, including geopolitics, cyber risk, the economy, and internal developments, particularly as the industry moves to digitalise.    

In 2021, 85,585 operational risk loss events were submitted totalling €20.3bn in the gross loss. 

AQRU plc, an incubator specialising in decentralised finance (DeFi),  announces today that its wholly-owned subsidiary, Accru Finance Ltd., has launched AQRU  Trend, a high-return cryptocurrency investment strategy designed to enable retail investors to diversify, capture market upside, limit market downside, and access the competitive returns available in the cryptocurrency market. 

Banking Circle, the tech-first Payments Bank, is shifting the dial in the virtual assets market with a ground-breaking new service for Banks and Payments businesses. By adding USDC stablecoins to its payment rails for payment acceptance, processing and settlement, Banking Circle is delivering an easy-to-implement solution that cuts out the need for significant IT or financial investment for businesses that want to get into the web3 market. It is a key step in democratising global finance.

Phundex provides a digital solution to finding innovative ideas, digitally facilitating the investment due diligence process, and then administers and reports on management, investors, and regulators' investments. With the current processes required to find, make and manage informed investments being hugely inefficient, finding first-to-market opportunities, ensuring data integrity, effective communication, and getting the mundane tasks of reporting right are all common pain points:

UAB Walletto financial services provider officially registered in Lithuania, which also has the status of a Principal member of the Visa and Mastercard as an Issuer and an Acquirer, continues to develop a wide range of advanced programs to issue and acquire payment cards.

Marble, the free platform that makes it easy and rewarding to manage all your insurance in one place, today announced that they launched an integration with Gemini, a leading cryptocurrency platform, to offer the ability to red

Seedrs, the leading private investment platform with over £1.9BN investments to date, has chosen Form3, the leading cloud-native payment technology provider, and LHV UK, a banking services provider to over 200 fintech companies, to enable it to access UK Faster Payments and SEPA Instant Payments in Europe, to augment its customer offering.

Neon, a fintech company and digital bank focused on improving the lives of working Brazilians, today announced the appointment of André Madeira as the company’s new Chief Technology Officer (CTO).

India’s first listed fintech company, Infibeam Avenues Ltd has formally unveiled today the CCAvenue Mobile App - The world's most advanced omni-channel payment platform with the revolutionary TapPay solution. CCAvenue TapPay seeks to tap into the Rs 27 billion PoS market in India.