Fraud in the U.S. banking industry is rising, particularly as the shift to digital banking accelerates, increasing costs and negatively impacting consumer experience (CX) and trust. Findings from the latest annual LexisNexis® True Cost of Fraud™ Study: Financial Services and Lending Report — U.S. and Canada Edition revealed that 63% of financial firms reported an overall fraud increase of at least 6% within a 12-month period, with digital channels accounting for half of the overall fraud losses.

Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the integration of ZEN.com, a renowned banking solution, into its fiat deposit and withdrawal channel. With this integration, Bitget users can now seamlessly deposit and withdraw funds using 11 supported fiat currencies, including PLN, CZK, DKK, AUD, CAD, NOK, SEK, CHF and HUF.

OnPay, a leading provider of payroll, HR, and benefits solutions, announced today that it has secured more than $100 million in funding.

The funding consists of a $63 million Series B funding round led by Carrick Capital Partners, with participation from AB Private Credit Investors, the middle market private capital platform of AllianceBernstein, as well as existing investors, and a debt facility provided by MC Credit Partners.

Equiniti (EQ) is pleased to announce the appointment of Dan Kramer as Chief Executive to lead its combined Global Shareholder Services division.

Garanti BBVA Kripto, a subsidiary of Turkey’s Garanti BBVA, has announced its partnership with Bitstamp to enhance cryptocurrency trading services for its customers.

Bitstamp, a globally regulated crypto exchange and subsidiary of Robinhood, will act as the primary liquidity provider through its Bitstamp-as-a-Service platform.

Bank of Hangzhou has expanded its use of Murex's MX.3 platform by implementing the Fundamental Review of the Trading Book (FRTB) solution, MX.3 for FRTB, using the standardized approach (SA).

The Bank of Hangzhou initially implemented MX.3 in 2021 to support capital markets activities across asset classes, covering front-office, back-office and risk management functions. The platform has consistently met the bank's needs for business expansion, risk management and compliance.

Network International, a leading enabler of digital commerce in the Middle East and Africa, has partnered with Money Fellows, the leading money circles app, to power a new solution that will leverage its best-in-class payment functionality. 

TransUnion has signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver highly personalised credit offers to consumers via comparison websites and other third parties.

Leading Foreign Exchange company Travelex has unveiled a new retail location at Hamad International Airport – reflecting the brand’s ongoing expansion across the State of Qatar.  

Volante Technologies, the global leader in