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Moneyhub Launches New Account Verification Service

Moneyhub, the market-leading data and payments platform, has today announced the introduction of its account verification service. Powered by Open Banking, Moneyhub Account Verification enables better payment security utilising bank level security controls (including PSD2 SCA) and biometrics.

Friday, June 7, 2024 - 09:24
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Financial IT
Liminal Secures Additional Funding to Accelerate Generative AI Adoption

Today, Liminal, the leader in horizontal generative AI data security, announces they have added more than $5M in funding in an oversubscribed seed round led by Fin Capital, with participation from High Alpha, Matchstick Ventures, Craft Ventures Scout Fund, and veteran regulated industry executives. The new investment expands Liminal’s ability to quickly enable customers to securely deploy and use generative AI.

Thursday, June 6, 2024 - 15:08
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Financial IT
Moonfare Hits €3B in Assets Under Management as Interest in Private Equity from Individuals Continues to Grow
Moonfare, the world’s largest digital business-to-consumer platform for private equity investing by assets under management (AUM), has reached €3bn AUM and expects further growth this year as individual investors continue to allocate to the asset class.
Thursday, June 6, 2024 - 14:57
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Financial IT
Commonwealth Unveils AI's Transformative Potential for Low to Moderate Income Americans

Commonwealth released key insights gleaned from a three-year project supported by JPMorgan Chase designed to achieve the promise of artificial intelligence for all by focusing on ensuring that the needs of households earning low to moderate incomes (LMI) are understood and integrated into financial design and implementations.

Thursday, June 6, 2024 - 14:52
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Financial IT
Mastercard’s Holiday Season Recap & 2023 Outlook: Key Trends and Insights

The 2022 holidays marked another positive season for retail, with consumers continuing to prioritize experiences over physical goods. U.S. retail sales (excluding automotive) increased by 7.6% YOY, according to Mastercard SpendingPulse™. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment and is not adjusted for inflation. But what should retailers be considering as we move ahead in this uncertain economic climate?

Thursday, June 6, 2024 - 14:40
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Financial IT
Money20/20 Europe Unveils Six Incredible Fintech Startups And Industry Disruptors

Money20/20, the world’s leading fintech show and the place where money does business, has unveiled six startups that are poised to transform the world of money.

Thursday, June 6, 2024 - 14:28
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Financial IT
iProov Becomes First Provider To Achieve FIDO Alliance Certification For Face Biometric Identity Verification
iProov, a leading provider of science-based biometric identity solutions, announces today its Dynamic Liveness Solution, the science powering the iProov Biometric Solution Suite’s Remote Onboarding and Authentication solutions, is the first to achieve the new global certification on face biometric identity verification from the FIDO Alliance.
Thursday, June 6, 2024 - 14:22
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Financial IT
Fibe Raises USD 90M In Series E Round

Fibe, India’s leading Fintech, has raised USD 90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the round which included both primary and secondary transactions.

Thursday, June 6, 2024 - 13:04
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/news/fundraising-news/fibe-raises-usd-90m-series-e-round
Financial IT
Payabl. Survey Shows Instant Payments Seen As Biggest Opportunity For Growth, Alongside Overwhelming Industry Optimism

payabl., one of Europe’s leading PayTech companies, today reveals that instant payments is the top revenue growth driver in the payments sector, ahead of digital wallets, reward schemes, fraud and risk management and rising interest rates. Overall sentiment revealed clear excitement about the future of the industry despite regulation being perceived as one of the biggest challenges impacting growth and innovation in the global payments sector.

Thursday, June 6, 2024 - 12:55
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Financial IT
BS2 Bank Chooses Nium to Support Global FX Settlements and Real-time Payouts

 Nium, the global leader in real-time cross-border payments, today announced a partnership with BS2, a digital bank in Brazil specializing in fintech solutions for businesses. BS2 will use Nium's Global FX product to lower FX costs and provide more real-time payouts between Brazil and popular trading corridors with China and the UAE.

Thursday, June 6, 2024 - 12:00
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Financial IT

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