FBS, a renowned international brokerage company, is proud to announce its sponsorship for the upcoming iFX Expo Asia 2023, scheduled for June 20-22 in Bangkok, Thailand. As part of its engagement in the major B2B event, the global fintech organization, FBS, aims to contribute to the success of the Expo and benefit the advancement of Asia’s financial sector.

As the world turns increasingly towards fully digitized banking experiences, fraudsters are finding new digital lockpicks to crack electronic locks they face when accessing, buying, and exchanging money online. Now, online fraud and financial crime prevention platform, SEON has published its latest ‘Global Banking Fraud Index 2023’, which breaks down the biggest banking fraud trends affecting the market over the past 12 months.  

British fintech payments company PayFuture is today announcing it has been granted an agent Electronic Money Institution (EMI) licence by UK regulator, the Financial Conduct Authority (FCA). With this licence, PayFuture is poised to deliver a comprehensive suite of localised payment products and methods, designed to offer convenience and efficiency in an increasingly digital world.

For high net-wealth individuals and institutional investors, sinking funds into assets like fine art, antiques, high-end wines or luxury watches is nothing new. But the new breed of fractional investing platforms, led by Masterworks, has been bringing change to centuries-long practices. 

JP Morgan has unveiled its Payments Partner Network, a B2B digital marketplace, powered by Salesforce, that allows the bank's merchants and corporate treasury clients to tap into an ecosystem of third-party integrations for their end-to-end payments and working capital needs.

Demox Labs, a pioneer in the creation of zero-knowledge technology, today announced it has raised a $4.5 million pre-seed funding round and debuted Leo Wallet, a first-of-its-kind privacy-focused cryptocurrency wallet for use with the Aleo blockchain. The funding round was led by HackVC with participation from DCVC, Amplify Partners, Coinbase Ventures, CRV, OpenSea, and CSquared.

Brits think white-collar criminals have an easy ride in the UK, with fraudsters not being brought to justice. In fact, 59 per cent believe that if they were to report an incident of white-collar crime to the police or a relevant body, nothing would be done about it.

With many East Asian countries including China making travel restrictions a thing of the past in 2023, global tourism is expected to spike, and Europe is expecting an influx of visitors.

Chinese travellers have historically been strong spenders when in  Europe, as well as across the rest of the world. European retailers have so far benefitted from this spending, however many still lack the critical tools to properly cater for it – a familiar payment system. 

Montonio, the Estonian fintech innovator, has received an extension to their existing Payment Institution License from the Bank of Lithuania, empowering the company to hold clients’ funds and provide additional payment services. This license extension paves the way for Montonio to innovate its platform further and bolster its offerings to merchants across Europe.

Wolters Kluwer CCH Tagetik, a leading global provider of information, software and services, and DFGE (Institute for Energy, Ecology and Economy GmbH), are collaborating to help DACH businesses drive the digital transformation of their ESG performance and reporting, in preparation for 2024