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Regulators Play Catch-up as Payments Providers Race to Embrace AI

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.

Monday, November 20, 2023 - 09:52
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Financial IT
nexo Standards: Simplifying Payments One Transaction at a Time

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.

Monday, November 20, 2023 - 09:38
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Financial IT
To Consolidate or Not to Consolidate: 87% of Pension Savers Are Missing out on the Benefits of Pension Consolidation

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.

Monday, November 20, 2023 - 09:22
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/news/personal-finance/consolidate-or-not-consolidate-87-pension-savers-are-missing-out-benefits
Financial IT
GCEX Receives Operational VASP Licence from Dubai’s Virtual Assets Regulatory Authority

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).

Monday, November 20, 2023 - 09:08
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/news/trading-systems/gcex-receives-operational-vasp-licence-dubais-virtual-assets-regulatory
Financial IT
Feedzai and Mastercard to Expand Crypto Fraud Protection for Consumers Globally

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. 

Monday, November 20, 2023 - 08:25
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/news/fraud-detection/feedzai-and-mastercard-expand-crypto-fraud-protection-consumers-globally
Financial IT
DKK Partners Appoints Centropy PR for Global Comms

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.

Monday, November 20, 2023 - 08:09
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Financial IT
amplitude
Friday, November 17, 2023 - 14:06
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Financial IT
Bank of St Helena Introduces Virtual Card Payments for Visitors

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.

Friday, November 17, 2023 - 13:31
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Financial IT
Menlo Raises $1.35 Billion to Fund a New Generation of Startups

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.

Friday, November 17, 2023 - 13:17
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/news/fundraising-news/menlo-raises-135-billion-fund-new-generation-startups
Financial IT
Octopus Investments Launches £35M Fundraise for its Apollo VCT

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).

Friday, November 17, 2023 - 12:59
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Financial IT

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