YouTrip, a Singapore-based fintech that offers multicurrency wallet for consumers and business accounts with corporate cards for SMEs, has its eyes on growth throughout Southeast Asia after landing a Series B led by Lightspeed. The round was $50 million, and brings YouTrip’s total raised to $100 million since it launched in 2018.

iDenfy, a global identity verification and fraud prevention solutions provider, announced partnering with CocaBit, a Lithuania-based cryptocurrency exchange platform, offering its users a user-friendly and convenient trading experience. The newly integrated ID verification software will limit CocaBit’s exposure to fraud and help meet its regulatory obligations. 

IDEX Biometrics partners with KONA I, a global smart card and technology platform company in South Korea, to deploy biometric payment cards across both recycled PVC and metal cards, for their bank clients worldwide. An initial order for IDEX Pay has been shipped to KONA I.

The digital finance app will become the first product in the Middle East for its parent company UnaFinancial, which has been developing fintech services in APAC and Europe since 2015. UnaFinancial has already provided initial funding for the startup. Now, it is looking to raise funds for the second round, which will cover internal IT development and marketing expenses. Additionally, the project is open for technology and business partnerships.

AccountsIQ, the award-winning accountancy SaaS provider, has won the Silver Award in the recent UK Customer Experience Awards, for the digital transformation of its training programme – the AIQ Academy. The award category recognises the role of digital transformation as part of customer experience efforts.

Efficiently accessing the data they need is a core challenge for organizations conducting due diligence and ongoing risk monitoring for corporate customers and suppliers. The information needed often comes from varying and disparate sources. KYC processes lack standardization due to the fragmented nature of national AML/CFT requirements. This prevents data sharing and ultimately shared cost savings among those organizations conducting these due diligence processes. One solution is to harmonize national implementations of FATF Recommendation 16.

Rimes is delighted to announce  the availability of the Rimes data lakehouse, an advanced data storage, processing and distribution  platform delivered as a service with Microsoft Azure. The lakehouse is highly scalable and  configurable, enabling the creation of custom data engineering and integration workflows using  serverless cloud functions. 

A new study from the Open Finance technology and advisory services provider Konsentus has found that there are now more than 65 national open banking programs globally.

Synechron, Inc., a leading global digital transformation consulting firm focused on the financial services and big technology organizations, announced today the launch of its RiskTech.AI Accelerators program.

Analysis by personal finance website finder.com analysed the 30 largest cities in the UK to find the most cash-friendly areas based on the number of ATMs in each city. The research looked at the total number of ATMs in each city, the number of people per cashpoint and the number of paid vs free ATMs.