New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform players, neobanks, and payment providers.
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iDenfy, a Lithuania-based RegTech company best known for its identity verification solutions, has announced a new partnership with BlueMonks, a Dutch anti-financial crime boutique specializing in end-to-end compliance solutions. This partnership is a pivotal step towards elevating security standards in response to the increasing frequency of financial fraud.
Revolut, the UK’s leading fintech with more than 35 million customers worldwide, has today announced the launch of an advanced scam detection feature to help protect customers from card scams.
Revolut customers can now experience an added layer of security protection, on top of the technology already in place, to detect APP (Authorised Push Payment) scams, where criminals trick the user to get them to transfer money to another account.
Ambitious kids expect to be working in new-age tech careers, and have fully flexible roles and bosses with a strong social conscience, according to new research from GoHenry, the prepaid debit card and financial education app for kids aged 6-18.
Parlay, the first-of-its-kind small business loan readiness platform, today announces the close of $1.3 million in pre-seed financing led by Fenway Summer.
Other firms investing in the round include Hivers and Strivers Capital, Service Provider Capital, Capacity Capital, and Alumni Ventures, together with a follow-on investment from Techstars.
Over 10,000 financial adverts and other promotions were withdrawn or changed in 2023 following intervention from the Financial Conduct Authority (FCA), an increase of 17%, year-on-year.
The FCA also published 2,285 alerts to help prevent consumers from losing their money to scams, up from 1,800 in 2022.
Temenos Exchange clients can now access a suite of top identity verification solutions to streamline customer onboarding, manage digital identity, mitigate fraud and simplify the KYC processes.
Germany's largest automotive marketplace mobile.de has appointed Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms, to launch a tailored payment solution for its end users. Thanks to the new collaboration, consumers buying or selling through mobile.de are now able to pay or get paid for their vehicle within the trusted environment of the marketplace.
Ripple, the leader in enterprise blockchain and crypto solutions, announced today that it has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for
Float, one of Canada’s fastest-growing fintechs, has kicked off 2024 with an aggressive expansion plan and the backing of a C$50 million credit facility in partnership with Silicon Valley Bank (SVB), a division of First Citizens Bank.