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73% of UK Firms Pay ‘Fraud Tax’ as AI Attacks Surge, Veriff Research Reveals

Nearly three-quarters (72.5%) of UK businesses have seen an increase in online fraud over the past 12 months, according to a new survey commissioned by Veriff.

Tuesday, April 22, 2025 - 09:09
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Financial IT
Thunes Expands Direct Global Network With Business Payments Solution

Thunes, the Smart Superhighway to move money around the world, announces the launch of Thunes Business Payments, a next-generation solution designed to transform cross-border payment experiences for Members of Thunes’ Direct Global Network, including enterprises, merchants, as well as neo-banks, traditional banks and mobile wallets serving businesses worldwide.

Tuesday, April 22, 2025 - 09:06
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Financial IT
Reimagining the Future of Finance in Africa: Velmie Powers Sierra Leone’s First Digital Banking Super App

Velmie, a leader in banking technology infrastructure, has successfully delivered the core platform behind Vult, Sierra Leone’s first digital financial super app. The launch marks a significant milestone in Velmie's strategic mission to accelerate digital transformation for financial institutions across Africa.

Tuesday, April 22, 2025 - 08:58
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Financial IT
Robocash Achieves Milestone of 40,000 Investors

The last six months have seen significant achievements for Robocash.

In October 2024, the volume of loans financed reached the €1 billion mark. In January this year, total investor earnings crossed €30 million. Over the past four months, the investor base has grown and now stands at 40 thousand. 

Tuesday, April 22, 2025 - 08:52
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Financial IT
Seamless Spending: Why Payment Innovation Is Key to Holiday Park and FEC Growth

Universal Appeal

Holiday parks and FECs have changed significantly in recent years. Introducing new activities, amenities, and experiences have helped capitalise on opportunities such as the rise of ‘staycations’, while mitigating challenges like greater competition, increases to the National Minimum Wage, and a cost-of-living crisis – all of which are squeezing margins.

Friday, April 18, 2025 - 12:04
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Financial IT
ZND Secures US$20 Million Investment Commitment

ZND, a digital finance platform operated by regulated European digital asset exchange zondacrypto, has secured a $20 million token investment commitment from Rollman Management Digital to support the continued development of its technology and business operations. ZND's goal is to provide a streamlined one-stop-shop to explore, earn, trade, and borrow digital assets.

Friday, April 18, 2025 - 11:42
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Financial IT
PingPong Payments Partners With Trulioo for Global Business Verification

Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced its partnership with PingPong, a world-leading provider of cross-border embedded payment solutions. PingPong selected Trulioo Business Verification and Watchlist Screening to minimize manual onboarding and deliver rapid, compliant payment experiences worldwide.

Friday, April 18, 2025 - 10:37
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Financial IT
MoneyGram and Plaid Partner to Streamline Global Payments

MoneyGram, a leading global payments network for consumers, businesses and communities, today announced a new partnership with Plaid, the data network powering the fintech tools millions of people rely on to lead a healthier financial life.

Friday, April 18, 2025 - 10:33
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Financial IT
Toku Raises $48 Million Series A to Expand Accounts Receivable SaaS Across Latin America

Toku, an account receivable SaaS platform, announced today that it has raised $48 million in Series A funding, bringing its total funding to $55 million. With this fundraise, Toku and CEO Cristina Etcheberry have raised the largest Series A by a female founder in Latin America. The round was led by Oak HC/FT, representing its fourth fintech investment in LatAm in the past three years.

Friday, April 18, 2025 - 10:02
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Financial IT
Visa’s Global Product Drop Set for April 30th

Visa today announced its Product Drop event is scheduled for April 30 in San Francisco. At the event, Visa CEO Ryan McInerney and Visa Chief Product and Strategy Officer Jack Forestell will take the stage to unveil new products, solutions and technology partners that are poised to transform the next generation of commerce.

Visa will unveil its 2025 roadmap and transform the way people around the world shop and buy with AI

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Friday, April 18, 2025 - 09:57
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Financial IT

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