While the disruptive arrival of conversation-based generative artificial intelligence (AI) sparked a global debate about whether it is a force for good, payments firms have been racing to implement it. It’s left regulators playing catch-up as they push to implement new rules.
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In the constantly evolving payments landscape, technological developments move fast, and stakeholders need to keep up with changing consumer demands. However the reality of payment acceptance can be much slower. Many stakeholders work with proprietary messages to enable acceptance. These can be costly to maintain, complex to update, and differ by country and or use case. Therefore, a lack of interoperability remains across the industry.
With career patterns changing and workers likely to have an average of 12 roles throughout their careers, it’s to be expected that retirement savers will likely have numerous pension pots.
GC Exchange FZE (GCEX), part of the GCEX Group, has been granted an Operational VASP Licence for VA Broker Dealer services from Dubai’s Virtual Asset Regulatory Authority (VARA).
Feedzai a financial crime and risk management solution, and Mastercard – a global technology company in the payments industry - are combining technologies to increase crypto fraud protection for hundreds of millions of consumers.
DKK Partners, a leading FinTech company that specializes in emerging markets (EM) and foreign exchange (FX) liquidity, has appointed Centropy PR to lead its global communications strategy amid rapid expansion.
In a significant development for its tourism and financial services, the Bank of St Helena announces the launch of the 'Tourist Card', a virtual banking solution designed to facilitate seamless transactions for visitors to St Helena and Ascension Island. This innovative step addresses the islands' traditionally cash-based economy and limited acceptance of international cards.
Menlo Ventures announced the close of $1.35 billion in new capital that will be invested by a flagship venture fund, Menlo XVI; Menlo Inflection III; and their affiliated funds—with a mandate to invest in promising technology companies leading the AI transformation.
Octopus Investments, part of Octopus Group and the UK’s largest Venture Capital Trust (VCT) fund manager, today announced the launch of a new £35 million fundraise for its Octopus Apollo VCT (Apollo VCT).