The INSEAD Alumni Balance in Business Initiative (BiB) is delighted to announce Lloyds Banking Group as the headline sponsor of the INSEAD Alumni Balance in Business Awards 2024. Dawn Capital, Europe's largest specialist B2B software investor and BiB Awards Founding Partner, is also sponsoring.

The World Federation of Exchanges (the WFE), the global industry group for exchanges and CCPs, is convening stakeholders at COP 28. The event is being held jointly with Dubai Financial Market at Nasdaq Dubai MarketSite on 5th December - the Just Transition Day at COP 28.

Shoppers are being warned to remain vigilant when shopping this festive period as over two-thirds (62%) of scam victims over 65 have fallen to a purchase scam, research from Feedzai, the financial crime and risk management solution, has found. 

Electronic Money Institution Sends now partners with Sumsub, the leading verification platform for monitoring fraud. This cooperation reduces fraud and verification hurdles and makes Sends secure and stress-free for clients.

Thales announces today that it has completed the acquisition of Imperva, earlier than expected (previously foreseen at the beginning of 2024). This is a key milestone for Thales, creating a global leader in cybersecurity, with more than 5,800 cybersecurity experts across 68 countries and €2.4bn in cybersecurity revenue expected in 2024, including civil and defence activities, with double-digit growth expected thereafter.

AMLYZE, a leading RegTech specializing in anti-financial crime solutions for FinTechs, banks and crypto businesses, will provide money-laundering prevention and compliance solutions to the first and largest Lithuania’s specialized online payment platform "Viena Saskaita".

Two-thirds of merchants intend to consolidate their PSPs, some in the next 12 months, as the tough economic climate has created a growing need to crunch costs and become more strategically focused. 

So, how can you survive the great SaaS consolidation?

Based on responses from over 1,250 merchants and 250 Payment Service Providers across the UK, US, France, Germany and the Netherlands, GoCardless’s new report provides a view of:

• What criteria merchants are using to judge PSPs against

From Black Friday through Cyber Monday (BFCM), Stripe processed more than 300 million transactions with a total payment volume of more than $18.6 billion. It was the largest ever four-day period on Stripe. A Stripe public microsite tracked these and a dozen other BFCM metrics in real-time, including the uptime of the Stripe API. During this period of intense activity, the Stripe API maintained availability greater than 99.999%, with a peak of 27,395 requests per second.

Dynamic Yield by Mastercard today announced Shopping Muse, an advanced generative AI tool that revolutionizes how consumers search for and discover products in a retailer’s digital catalog.