Nearly half of businesses reported a growth in synthetic identity fraud, while biometric spoofs and counterfeit ID fraud attempts also increased, according to the 2024 State of Identity Fraud Report, released today by AuthenticID, a global leader in identity proofing and fraud prevention solutions. With identity fraud skyrocketing across multiple industries globally, the report offers a pulse check for business and consumer identity fraud.

Runa, the leading global fintech infrastructure for the next generation of payouts experiences, today announced its expansion into India, opening access to the country’s $8.9 billion gift card market. With this expansion, Runa allows its business customers the ability to easily send instant, domestic and cross-border payouts to consumer recipients in India, dramatically reducing the traditional barriers of cost and complexity.

 Thunes, the Smart Superhighway to move money around the world, announces the appointment of Jane Jackson as Chief People Officer. Reporting to CEO Floris de Kort, Jane will lead Thunes’ People strategy, shaping culture, boosting organisational effectiveness, and enhancing talent development across 14 international locations.

Fingerprint Cards AB (Fingerprints™) has announced a collaboration with security software provider jNet Secure. The cutting-edge solution being developed will address security vulnerabilities, such as compromised passwords or ID theft. The joint venture aims to simplify the adoption of robust digital authentication for logical access control applications in sectors such as enterprise authentication, financial services, and government ID.

Corlytics is thrilled to be part of the FCA’s AI Spotlight initiative, which brings together leading AI professionals in financial services to showcase cutting-edge solutions, tackle key challenges and drive practical, responsible innovation in the industry.

As a pioneer in regulatory risk intelligence, Corlytics is committed to harnessing AI to streamline compliance and risk management.

AstroPay, a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted Payment Institution (PI) license issued by the Central Bank of Brazil. This license is from the Central Bank of Brazil, underscoring AstroPay’s commitment to delivering secure, compliant, and user-friendly cross-border payment solutions.

Deniz Ventures, the venture capital fund of DenizBank, established under the Emirates NBD Innovation Fund—the Corporate Venture Capital arm of Emirates NBD Group—and Rasmal Ventures, a leading Doha-based venture capital firm, have jointly invested in TeamSec, the world's first AI-powered securitization platform, transforming the structured finance industry through its innovative Securitization-as-a-Service platform.

After founding and serving the EWPN community for the past decade seeing 1000s of people connect and flourish, Co-Founders Martha Dali Mghendi-Fisher and Nadja van der Veer have taken the decision to stand down as registered Directors of the EWPN, the community that they both cherish. They will continue in the capacity of Special Advisors to the Executive Directors. Angela Yore and Merima Mahmutovic will step up and join Co-Founder Silvia Mensdorff-Pouilly as the registered Directors to take this thriving organisation forward.

Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a USD 690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia's fintech sector and the vast opportunity in SME financing in the economy.

The facility is expected to contribute to an increase in job creation in the Kingdom, demonstrating Lendo's commitment to domestic economic growth and employment.