Tabby, the shopping and financial services  app, announces the appointment of Oliver Hughes as the newest member of its board.  

As well as his role as a non-executive board member in Tabby, Oliver is the Head of  International Business for TBC Bank Group PLC, where he is focused on scaling a  consumer lending-led digital bank and payments business in Uzbekistan with 14 million  registered users. 

FINOM, a leading European digital banking solution for SMEs and entrepreneurs, announced today the launch of local IBAN accounts in France, empowering more French small and medium-sized businesses with customized financial services. This expansion marks a significant milestone for FINOM, which secured its own Electronic Money Institution (EMI) license in the Netherlands in 2021.

Mastercard today announced the expansion of its global Biometric Checkout Program in Latin America (LAC). With partners Ingenico, Fulcrum Biometrics, Fujitsu Frontech, and Scanntech, Mastercard has launched an innovative in-store biometric payment experience at Tienda Inglesa’s Red Expres in Uruguay. This is the first Biometric Checkout Program pilot that allows shoppers to pay with their palm and the second pilot in the LAC region.

Zafin, the leading provider of SaaS core modernization and transformation solutions for banks, today announced the appointment of Michael Nitsopoulos as Chief Product Officer. Michael brings over 23 years of experience driving product innovation and solutions across multinational organizations, including financial services, telecommunications, retail, public sector, and insurance.

Nuvei Corporation, the Canadian fintech company, today announces that it has partnered with Visa, a world leader in digital payments, to offer Visa Direct in Colombia. Nuvei is the first global payments provider to offer Visa Direct to its customers in the country.

AU10TIX, a global technology leader in identity verification and management, today released its Q1 2024 Global Identity Fraud Report. Drawing insights from millions of transactions processed around the globe from January to March 2024, the report uncovers significant trends in large-scale organized identity fraud. Most notably, the online gaming industry’s share of fraud increased by more than 250% over Q4 2023. However, the payments sector continues to be fraudsters’ top target, accounting for 62% of all attacks.

A new global study by Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, reveals that more than eight out of 10 (86%) of senior business leaders have already deployed artificial intelligence (AI) to enhance existing revenue streams or create new ones.