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.

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.

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.

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.

The Consumer Financial Protection Bureau (CFPB) today ordered U.S.

Volt, the global real-time payments platform, today announces its partnership with embedded sustainability fintech, ekko. The collaboration enables consumers and retailers to support the removal of plastic bottles from the ocean at checkout, which are then tracked in real-time to measure the environmental impact of payments.

Vertex, Inc., a global provider of tax technology solutions, and Mirakl, the global leader in platform business innovation, announced today the certified integration of Vertex® O Series® and the Mirakl Marketplace Platform.

Western Union, a leader in the cross-border money movement, continues to expand its network of concept stores in the United Kingdom and Europe, having now inaugurated 100 locations in total. This forms part of the company’s global retail strategy, aiming to offer customers enhanced service and, ultimately, enable them to enjoy an omni-channel experience.

In an increasingly global world where seamless and immediate transactions are expected, the ability to bank directly with one's remitter should be the norm, not the exception. At least, that is what Transfer Galaxy and Intergiro believe and aim to bring about with their innovative partnership.

Hawk AI, Germany’s leading provider of anti-money laundering surveillance technology for banks, payment firms, and fintechs, today announced OTTO Payments, the payments division serving the otto.de marketplace, as a client. 

With the partnership, OTTO Payments will make use of Hawk AI’s Transaction Monitoring and Customer Screening technology, powered by explainable AI, to ensure effective Anti-Money Laundering (AML) compliance.