In the modern digital economy, card-not-present (CNP) transactions have become commonplace. However, these transactions bring with them the significant threat of payment card fraud and data breaches. A promising solution to this problem is on the horizon: network tokenisation. This innovative technology bolsters the security of digital commerce transactions by ensuring the safety of shared and stored data.
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Issuer processing powerhouse Enfuce, announced today an €8.5m follow-on investment round, led by Vitruvian Partners with participation from Maki.vc and Visa, a world leader in digital payments. This follows Enfuce's €45m Series C funding round initiated in 2021. Enfuce has raised a total of €62m to date.
New research from GoCardless, the bank payment company, finds that 45% of consumers say they donate regularly to charity today -- only a slight drop from the 49% who did so last year, even as the cost of living continues to rise.
Adyen, the global financial technology platform of choice for leading enterprise businesses, has today announced the appointment of Nicole Olbe as Managing Director of its UK operations.
Griffin, the API-first UK bank and full-stack Banking as a Service platform, today announced the addition of seven new senior team members across key areas of the business. These exceptional new hires reinforce Griffin’s commitment to building the global platform for embedded finance and delivering a world-class banking experience to customers.
People across the UK will be better protected from online scams, fake adverts and romance fraud as the world’s biggest tech companies pledge to take additional action to block and remove fraudulent content from their sites.
93 per cent of FinTechs believe that Generative AI (Gen AI) is poised to revolutionise the FinTech and financial services sector, according to research by the Gillmore Centre for Financial Technology.
Medius, a leading provider of AP Automation and Spend Management solutions, has today revealed its plans for the first AI-powered workmate for the Accounts Payable Automation (APA) industry that delivers a three-pronged innovation strategy in the way invoices are processed.
Today, investment platform Lightyear announces the addition of stop loss to its order types, a feature requested by 60% of investors on the platform, according to a survey of nearly 600 users. This comes alongside the launch of both SWIFT payments for USD, and 400 new U.S.