As credit default and fraud rates rise, 70 percent of financial services executives are not confident in their ability to modify risk decisioning quickly to keep pace with shifts in consumer behavior and the economy. Additionally, 43 percent say identifying fraud is a top challenge, yet only 7 percent report their anti-fraud measures are completely effective, according to a new survey conducted by Provenir, a global leader in AI-powered risk decisioning software.

ITRS, the leading provider of real-time estate monitoring and analytics software to global financial institutions, today announces that it has appointed James Colquhoun as Chief Financial Officer (CFO).

Taulia, a leading provider of working capital management solutions, today announced it has added the Bank of China London Branch, and BNP Paribas to its global multi-funder network.

Mercurity Fintech Holding Inc., a digital fintech group, is pleased to announce that on November 30, 2023, it priced a private investment in public equity (“PIPE”) offering, through which it sold an aggregate of 14,251,781 units of its securities, each consisting of one (1) ordinary share and three (3) warrants, to one non-U.S. institutional investor at an offering price of $0.421 per unit, for the gross proceeds of $6 million (the "Gross Proceeds"), prior to the deduction of fees and offering expenses payable by the Company.

emerchantpay, a leading global payment service provider and acquirer announces that it will be partnering with Germany-based fintech company  Rubean AG, Munich, to offer Rubean’s PhonePOS, a Software Point of Sales (SoftPOS) solution for Android devices, to partners and merchants in the UK and Europe.  

Robo.cash forecasts that the P2P lending market in continental Europe will reach 579.2 M euros in December 2024. The main trends for the coming year include elevated market polarization, entry into new geographies and expansion of investor opportunities.

Oxane Partners("Oxane"), a leading technology-driven solutions provider to private markets, announced today that it has achieved global information security accreditations by successfully completing Systems and Organizations Control (SOC) audits and the International Organization For Standardization (ISO) 27001 certifications. These accreditations underscore Oxane's commitment to maintaining the highest standards in information security, data management, and process control.

Adyen, the global financial technology platform for many of the world's leading companies, is proud to announce the company is strengthening its global partnership with Klarna, the AI powered global payments network and shopping assistant. In this new partnership, Klarna will benefit from Adyen’s acquiring capabilities to simplify card payments for Klarna's 150 million consumers and 500,000 retail partners globally.

Nearly a million customers across the UK are at risk of having no major bank branch in their local area within a matter of months, according to a new study on the state of banking in the UK.