The report reveals significant growth projections across various sectors of digital lending. AI-powered lending models are expected to enhance credit risk assessment, potentially improving performance by 10-15% compared to traditional models. The global peer-to-peer lending market is projected to surpass US$705.81 billion by 2030, growing at a CAGR of 26.7% from 2022 to 2030.

New fraud protections have come into effect today (7th October), and the personal finance comparison site

Corlytics is set to further strengthen its presence in the US market with a significant expansion and the appointment of a new leadership team across all major functions. This strategic move underscores the company’s commitment to North America, its most crucial market.

Dynamic Planner, the UK’s leading digital advice platform has announced a new CRM integration with Adviser Cloud.

Advisers using the new integration will be able to seamlessly transfer client records easily, efficiently and securely between Dynamic Planner and Adviser Cloud. Data is passed between the systems, with Adviser Cloud validating all data, removing the need for rekeying, leaving less room for manual errors and creating huge time advantages.  

The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, is holding its fifth annual Ring the Bell for Financial Literacy event, to promote awareness of the role and importance of investor education and protection.

Leading cyber security and investigations consultancy S-RM has today announced the appointment of Kelly McManus as Global Business Development Lead, Insurance and Legal, as part of its growing global cyber offering.

Salmon, a leading provider of financial services and consumer lending products in Southeast Asia, operating a licensed bank in the Philippines, today announces the successful completion of its $30 million Series A-2 equity financing round. The planned round saw strong participation from key institutional investors of the Company, including the International Finance Corporation (IFC) and Lunate of Abu Dhabi, with both committing amounts substantially in excess of their pro-rata allocation rights.

Paysafe, a global payments platform, today announced a strategic partnership with 

JCB Co., Ltd., Japan’s only international payment brand, announced that it enabled Google Pay for its customers on September 6, 2024. Android(TM) smartphone users can now use Google Pay in stores where JCB Contactless is accepted, by adding their credit/debit cards issued by the JCB Group in Japan to Google Pay. To use Google Pay, you will need to download the Google Wallet app and add your JCB Card.

TreasurySpring, the London-based fintech company, has announced the appointment of Tom Ryan in the newly created role of Global Head of Partnerships. TreasurySpring enables corporations, private fund managers, and financial institutions to access a broad range of the best risk-adjusted cash investment options via a simple and intuitive platform.