Bling Europe, a pocket money card and financial education app for children has secured €3.5 million in seed funding just six months after launch.

Bling founder Nils Feigenwinter says the firm has issued more than 10,000 Bling cards to children since its launch in the summer. Bling developed the initial product with support from SocGen-owned BaaS player Treezor.

The financial services sector is grappling with an immense number of challenges – some unique to the industry, others more universal. Challenges include:

Ongoing digital transformation – The COVID-19 pandemic accelerated the move to the cloud and other digital transformation efforts as organizations sought to be able to support remote work and remote services rapidly

CoreChain Technologies, the first B2B payments network built on blockchain, today announced that it has partnered with Odoo, a leader in open-source all-in-one business software, to provide embedded B2B payments and financing for Odoo’s ecosystem of eight million users.

If you’re thinking fraudsters will turn over a new leaf and resolve to behave themselves in 2023, it’s time for a wake-up call, because fraudsters never change their stripes, just their tactics.

The FCA is beginning to “flex its muscles” with notices issued to firms needing more data on vulnerability - a Consumer Duty expert has warned.

The regulator has started to use its Section 165 powers to issue notices to firms, requesting more data to meet the vulnerability monitoring requirements of Consumer Duty. 

With a shared ethos of creating value for open finance innovators, two leading knowledge providers, WhiteSight and Open Future World are delighted to announce their strategic partnership.

The COVID-19 pandemic not only altered the way we work, travel, and communicate with family and friends, but it also altered the way we pay for goods and services. With sectors of the economy closed down for extended periods of time and demands put in place for customers to stay at home and maintain distance, there were significant changes in what we bought and how we paid for it.

THORChain, a non-custodial decentralized native asset protocol that enables wallets, decentralized exchanges (DEXs), and users to seamlessly transfer their digital assets across blockchains, has completed its integration with Trust Wallet, a leading self-custodial and multi-chain wallet provider.

Connect Financial - a cryptocurrency financial Fintech platform, announces their crypto-backed credit cards are coming to the market.

Networks upon networks are no longer acceptable 

As we move into 2023, accessing technology from as close to the source as possible will become increasingly important for businesses. Many ecommerce firms depend on third-party platforms to facilitate their payments, as they should — a marketplace shouldn’t be forced to also become a payments business just to move money efficiently around the world.