Lili, the financial platform designed for small business owners, today announced the launch of international wire payments in 27 countries, empowering small business owners to grow beyond borders. 

With a new segment on its digital investment platform, Scalable Capital is setting new standards for investors: Soon, suitable investors in Germany will get access to alternative investments such as private equity. Through the Scalable Broker, they will be able to invest in companies that are not listed on stock exchanges for the first time. Until now, benefiting from this additional return and diversification potential has been primarily reserved for professional investors.

The Catalan Data Protection Authority is organising a panel of experts at the Mobile World Congress to promote ethical and human-friendly artificial intelligence based on the provisions of the AI Act and the General Data Protection Regulation. The APDCAT will have a permanent space to resolve doubts and advise the public and the emerging companies and entrepreneurs present.

Trading and investing platform eToro, announced it has achieved SOC 2 Type II compliance certification, demonstrating a strong commitment to operational excellence throughout its cryptoasset custody operations.

Mastercard and Tamara, one of the leading fintech platform in the GCC for shopping, payments, and banking, are collaborating to launch a new virtual card in the UAE to strengthen the split payment ecosystem.

LexisNexis® Risk Solutions, part of RELX, closed its acquisition of IDVerse™, a provider of AI-powered document authentication and fraud detection solutions. IDVerse is now part of the Business Services segment of LexisNexis Risk Solutions and will continue to be available within its LexisNexis® RiskNarrative® platform, LexisNexis® IDU®, and will be offered within its LexisNexis® Dynamic Decision Platform® as a stand-alone solution later this year. 

Glassbox, a Toronto-based fintech startup, announced today that it has raised $1.2 million in pre-seed funding to reimagine how finance teams work with spreadsheets in the age of AI. The round was led by FinTech Collective (New York) and StandUp Ventures (Toronto), with participation from Watertower Ventures (Los Angeles). The fresh capital will be used to expand Glassbox’s team and bring its AI-compatible financial analysis platform to market.

BNP Paribas’ Securities Services business, a leading global custodian with USD 13.7 trillion under custody, has partnered with global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR) to expand its global custody services, appointing Broadridge as service provider for its global securities class action services.