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Mastercard Research: 78% of Women in EEMEA Aspire to Start Their Own Business, Signaling a Strong Entrepreneurial Shift

Women across Eastern Europe, the Middle East and Africa (EEMEA) are demonstrating a growing appetite for entrepreneurship, with 78% who considered starting or running their own business, according to Mastercard’s latest research released ahead of International Women’s Day 2025. This strong ambition is reinforced by positive business sentiment, with 89% of women entrepreneurs in the region expecting their revenue to grow over the next five years.

Wednesday, March 5, 2025 - 14:08
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/news/infrastructure/mastercard-research-78-women-eemea-aspire-start-their-own-business-signaling
Financial IT
Papaya Global and Sumsub Partner to Provide Clients With AI-Powered Fraud Prevention and Customer Verification

Papaya Global, the workforce payroll and payments platform, and Sumsub, a full-cycle verification and compliance solutions provider, today announce their new partnership. Sumsub will support Papaya Global with AI-powered automated solutions for secure verification and fraud prevention, while maintaining speed, accuracy, and regulatory compliance.

Wednesday, March 5, 2025 - 13:59
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/news/fraud-detection/papaya-global-and-sumsub-partner-provide-clients-ai-powered-fraud-prevention
Financial IT
Savings Accounts See Huge Surge in Mule-Linked Activity

Taken from the ‘State of Fraud 2025: Banks and Building Societies’ report, the statistics are based on analysis of National SIRA. Owned and operated by Synectics, National SIRA is the UK’s largest source of evolving risk intelligence. It’s a vast pool of collated risk and fraud intelligence, sourced from the UK’s largest membership of over 150 organisations including Tier 1, mid-size, and challenger banks, and leading building societies.

Wednesday, March 5, 2025 - 13:55
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/news/fraud-detection/savings-accounts-see-huge-surge-mule-linked-activity
Financial IT
RecFinTech Pioneer Finity Appoints Non-Executive Director to Strengthen Board

Leading recruitment back-office ecosystem, Finity, has appointed Dale Simkiss as a Non-Executive Director (NED). Bringing with him a wealth of experience in recruitment sector payroll, compliance and back-office transformation, Dale will provide strategic support and operational compliance to the recently launched recfintech firm.

Wednesday, March 5, 2025 - 13:51
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/news/people-moves/recfintech-pioneer-finity-appoints-non-executive-director-strengthen-board
Financial IT
Orange Money Burkina Faso Expands Collaboration With Comviva for Next-Generation Mobile Money Services

Orange, a key player in Burkina Faso's mobile money landscape, today announced the successful upgrade of its mobile money platform to Comviva’s next-generation mobiquity® Pay. This strategic enhancement aims to foster innovation and ensure seamless service delivery for Orange Money users in Burkina Faso.

Wednesday, March 5, 2025 - 13:47
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/news/payments/orange-money-burkina-faso-expands-collaboration-comviva-next-generation-mobile-money
Financial IT
HPS and Enigma Join Forces to Revolutionise Fraud Detection With AI

HPS, a leading global provider of payment software and solutions, and Enigma, a global leader in artificial intelligence enabled entity resolution and decision-making, today announced a strategic collaboration to deliver cutting-edge AI fraud detection models to businesses worldwide. This partnership combines Enigma's advanced AI capabilities with HPS's comprehensive payment platform, offering clients unprecedented security and efficiency in navigating the complexities of modern payment systems.

Wednesday, March 5, 2025 - 12:26
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/news/artificial-intelligence/hps-and-enigma-join-forces-revolutionise-fraud-detection-ai
Financial IT
FinTech Wales Launches the Fourth FinTech Wales Foundry

FinTech Wales has announced the launch of its fourth FinTech Wales Foundry - an accelerator programme designed to provide expert mentorship and support to help start-ups thrive within the Welsh fintech ecosystem and beyond.

Wednesday, March 5, 2025 - 10:06
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/news/fintech-startups/fintech-wales-launches-fourth-fintech-wales-foundry
Financial IT
Lindsay Soergel Appointed as Fintilect CEO
Fintilect, the AI-powered hyper-personalized digital banking provider for financial providers across the globe, has appointed Lindsay Soergel as CEO.
 
Wednesday, March 5, 2025 - 10:03
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/news/people-moves/lindsay-soergel-appointed-fintilect-ceo
Financial IT
Airwallex Signs Definitive Agreement to Acquire a Vietnamese Payment Company, Accelerating Its Asia-Pacific Expansion

Airwallex, a leading global payments and financial platform for growing businesses, has signed definitive agreements to acquire CTIN Pay, an Intermediary Payment Service (IPS) licensed company in Vietnam. This transaction is subject to satisfaction of the customary closing conditions.

Wednesday, March 5, 2025 - 09:59
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/news/payments/airwallex-signs-definitive-agreement-acquire-vietnamese-payment-company-accelerating
Financial IT
Flagstone and Alloy Partner to Offer UK Savers a Faster, Safer Entry Point Into Competitive Savings Market

Flagstone, the UK’s largest savings platform, has partnered with Alloy, a leading identity and fraud prevention platform provider, to deliver a seamless, automated onboarding experience for individual and business customers. The partnership allows Flagstone to approve new applications within seconds, without impinging on the highest standards of security and compliance, and integrate global data partners into a single dashboard.

Wednesday, March 5, 2025 - 09:30
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/news/personal-finance/flagstone-and-alloy-partner-offer-uk-savers-faster-safer-entry-point
Financial IT

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