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Suspected Fraudulent E-commerce Transactions 117% Higher in the UK During the Holidays Compared to the Rest of Year

TransUnion, a global information and insights company and one of the UK’s leading credit reference agencies, has released new data on e-commerce fraud trends in the UK during the early 2023 festive season.

Wednesday, December 20, 2023 - 11:55
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Financial IT
The Number of Digital banking Users in Singapore Will Reach 1.7 Million by 2025

Digital banks in Singapore are experiencing consistent growth, which can be evaluated through a number of indicators including the net interest income and number of users.  

Wednesday, December 20, 2023 - 10:20
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Financial IT
Thredd Closes Momentous Year with Record Growth

Thredd, the leading next-gen issuer payments platform, announced that 2023 will deliver the best performance in the company’s history. With strong support from investors including Advent International, Viking Capital, Temasek, and Mission OG, Thredd expanded its leadership role in the payment ecosystem, driving client-centric expansion across global markets with sights set on leveraging this momentum for future growth. 

Wednesday, December 20, 2023 - 09:57
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Financial IT
Virgin Money Adds Pension Capability to FNZ Platform

Virgin Money has announced the launch of a new pension offering, enhancing its digital platform and further extending its partnership with FNZ.

The innovative digital investment solution was initially launched in April 2023, and aimed to make investments more accessible, straightforward and transparent for UK retail investors.

Wednesday, December 20, 2023 - 09:51
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Financial IT
Worldline Introduces its New Food Services Payments Suite Enhancing Payment Experience for Restaurants and Their Guests

Worldline, a global leader in payments services, has launched the Worldline Food Services Payments Suite, an end-to-end solution offering an enhanced, seamless, and secure payment experience for the food and beverage industry, particularly for quick service restaurants and their guests.

Wednesday, December 20, 2023 - 09:46
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/news/payments/worldline-introduces-its-new-food-services-payments-suite-enhancing-payment-experience
Financial IT
CFPB Issues Report Showing Many Americans Are Surprised by Overdraft Fees

The Consumer Financial Protection Bureau (CFPB) today issued a new report finding that many consu

Wednesday, December 20, 2023 - 09:40
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/news/lending/cfpb-issues-report-showing-many-americans-are-surprised-overdraft-fees
Financial IT
Israel Based Phoenix Leverages Broadridge's Order Management System to Drive International Institutional Trading Expansion

Phoenix Investment House, the capital market, brokerage, and fund management arm of Phoenix Holdings, a leading Israel-based insurance, asset management, and financials group (“Phoenix”) has selected the Order Management System (OMS) of Global Fintech leader Broadridge to drive expansion of international institutional trading on the Tel Aviv Stock Exchange.

Wednesday, December 20, 2023 - 09:38
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/news/trading-systems/israel-based-phoenix-leverages-broadridges-order-management-system-drive
Financial IT
Hakbah Fintech Closes $5.1 Million Series A, Funding Round

Hakbah, the leading Saudi-based fintech savings platform, announces its successful $5.1 million Series A fundraising.

The funding round was led by VentureSouq - the MENA-based venture capital firm with a global portfolio. Also participating were new investors M-Capital and Bunat Ventures; and existing investors Global Ventures and Aditum Investment Management Ltd.

Wednesday, December 20, 2023 - 08:31
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Financial IT
Travel Debit Card Currensea Saves Travellers Over £3M in Exchange Fees

The UK’s first travel debit card Currensea, has saved travellers over £3 million in foreign exchange (FX) fees since its launch in 2020.

The Currensea card saves at least 85% on every overseas transaction by cutting out the normal fees leveraged by banks.

Wednesday, December 20, 2023 - 08:21
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Financial IT
bunq Becomes the First AI-powered Bank in Europe as it Unveils its Own GenAI Platform

bunq, the second largest neobank in Europe, launches Finn, a GenAI platform available to all its users. Effectively replacing the search function on the app, Finn will enable bunq users to live the life they want, with help of bunq: plan their finances, better budget, navigate the app, easily find transactions and much more.

Wednesday, December 20, 2023 - 08:16
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Financial IT

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