Digital payments expert, PayPoint, has launched Confirmation of Payer or Payer Name Verification service to its suite of open banking solutions.

UK-based FinTech Stubben Edge Group and National Friendly (the trading name of Mutual, National Deposit Friendly Society Ltd) have announced the launch of a new product, the Accident Only Income Protection policy.Anchor

Plum, the smart money app, has added financial and business news functionality to its innovative investment platform. The news content is delivered by AI and machine-learning fintech CityFALCON.  

AI is revolutionizing every sector in the world. It’s like watching the computer revolution, but faster.

Since ChatGPT was released to the public, hundreds of new tools have emerged. Bard, Bing, Jasper, MidJourney, and Dall-E 2 are some of the AI algorithms that became popular.

Conotoxia fintech’s individual and corporate users can send other people links to pay for a joint restaurant meal, collect funds for a gift, and also, for example, tutoring or goods purchased at a market. The new service is called "Accept payments". Links can be paid for in any of 27 currencies using a wide range of payment methods.

Bling, the first family-fintech in Europe, establishes a supervisory board consisting of renowned experts in financial education.

As of 1 August 2023, Commerzbank has spun off its Active Asset Management segment as a stand-alone company – Yellowfin Asset Management GmbH. The company is geared to institutional investors, corporate clients, and high-net-worth individuals with managed assets of at least €30 million.
 
As of now, Yellowfin will be one of Commerzbank’s three pillars in the field of asset management, alongside Commerzbank Vermögensverwaltung and Commerz Real.

Capex.com, the global, multi-asset FinTech provider, is delighted to announce the appointment of Paul Turner as the new Executive Director - UAE & MENA Region. With over a decade of experience in the financial services industry, Turner brings a wealth of expertise to lead and enhance Capex's operations across the Middle East. 

With retroactive effect from 1 January 2023, the shareholders of the international payment service provider (PSP), Computop, are selling 30% of the company shares to the Nexi Group, Milan. Up to now, the company was held by the founders, Frank Arnoldt and Ralf Gladis, with 50% each. The parties have agreed not to disclose the purchase price. The office locations, management team and management responsibilities of Computop remain unchanged.