Alipay and AlipayHK Cross-border Transactions Rebound During Chinese New Year as Travels Resume
- 3 years 5 months ago
- Payments
China’s outbound and inbound travels showed fast and resilient rebounds during the recent long holiday to commence the year of the Rabbit, as witnessed by the strong growth of popular cross-border digital payments. Between January 21 and 26, the year-on-year growth of outbound transaction volumes by Alipay users has surged by 150%, with the Hong Kong and Macao S.A.R.s being the most popular destinations for mainland consumers, based on the...
Five Priorities for Optimum Insurance Product Strategy & Profitable Growth
- 3 years 5 months ago
- Insurance
Cheaper, quicker, better the demands of an increasingly price-sensitive customer base are growing every year. Insurance products must be affordable, easy to purchase and offer value beyond simple protection if they are to attract the modern customer, but how can carriers achieve this whilst maintaining profitability? To answer this question, Reuters Events put together a quick 10-minute read on what's hot in product design and the implications...
Consumer Optimism Remains Strong Despite Economic Headwinds, per 2022 Holiday Spending Report From ACI Worldwide
- 3 years 5 months ago
- Payments
Despite a challenging economic environment, the 2022 holiday shopping season exceeded projections, according to eCommerce intelligence from ACI Worldwide, a leading global provider of real-time digital payments solutions, which analyzes millions of eCommerce transactions on an annual basis to assess year-over-year growth. From October through December 2022, eCommerce transactions saw a 21% increase, beating estimates by 6%.
Sygnia Expands Incident Response and Proactive Security Services to Include Managed Extended Detection and Response Service
- 3 years 5 months ago
- Cybersecurity
Sygnia, a leading cyber technology and services company which provides high-end consulting and incident response support for organizations worldwide, today announced that it has expanded its incident response and proactive security services to include a managed extended detection and response (MXDR) service.
Crypto Wild West: 85% of UK Crypto Firms Fail to Meet Minimum FCA Standards
- 3 years 5 months ago
- Cryptocurrencies
Around 85 per cent of crypto-asset firms who applied to the Financial Conduct Authority (FCA) were unable to demonstrate they met the minimum standards required for registration under its anti-money laundering and counter-terrorist financing regime.
Salford Financial Services Business Rewards High-flying Apprentice With Key Role
- 3 years 5 months ago
- Lending
Salford-based Cerberus Receivables Management (CRM) has promoted Theresa Divers to the role of Receivables Executive after a hugely successful two-year apprenticeship with the firm.
OneSpan to Acquire Blockchain Technology Provider ProvenDB to Bring Secure Vaulting to the Future of Digital Transactions
- 3 years 5 months ago
- Blockchain
OneSpan Inc., the digital agreements security company, today announced that it has agreed to acquire ProvenDB, an Australia-based startup that delivers secure storage and vaulting for documents based on blockchain technology, to provide an industry-leading trust model for high assurance contracts and documents.
Global Processing Services Appoints Former Visa Executive Jim McCarthy to Lead Global Sales and Product
- 3 years 5 months ago
- People Moves
Global Processing Services (“GPS”), a fast-growing next-gen global payments technology platform, today announced the appointment of Jim McCarthy as Executive Vice President – Global Head of Sales and Product, and Kevin Fox as the company’s new Chief Revenue Officer. In this newly created role, Jim will lead GPS’ global commercial and product teams in close collaboration with Kevin on sales acceleration.
Stackwell Expands Its Investing App to Android Phones
- 3 years 5 months ago
- Investment
Stackwell, the digital investment platform designed to eliminate the racial wealth gap, today announced its app is now available for download by all Android phone users in the
Relay Payments Successfully Secures Nationwide Acceptance Across U.S. Warehouses
- 3 years 5 months ago
- Payments
Relay Payments, the fintech company modernizing payments for the supply chain, logistics, and trucking industries, is now accepted at 10 of the top 10 unloading companies in the United States.
Strata Secures $26M Series B Financing
- 3 years 5 months ago
- Fundraising News
“We’re announcing our Series B financing of more than $26M to support Strata Identity’s rapid growth and to keep pace with the rapidly emerging next generation of identity for multi-cloud.” Eric Olden, CEO and Co-Founder at Strata Identity
Hawk AI Accelerates Global Expansion with $17 Million Series B
- 3 years 5 months ago
- Fundraising News
Hawk AI, Germany’s leading provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion. The funding round was led by Sands Capital from Washington D.C., with participation from new and existing investors, including DN Capital, Coalition, BlackFin Capital Partners, and Picus Capital.
Compliance Professionals Say Investing in Compliance Technology is a Top Priority in 2023, According to Clausematch Survey
- 3 years 5 months ago
- Compliance
Compliance teams, often overlooked, understaffed, and underappreciated for their contributions to companies, remain committed to investing in new compliance technology to help them meet the onslaught of new regulations, according to a new survey from Clausematch, a global RegTech developing solutions for regulatory compliance.
Juniper Square Clients Raised $17.5 Billion in Investor Capital in 2022 Using Digital Subscriptions, 61% More Than 2021
- 3 years 5 months ago
- Investment Management
Juniper Square, the leading provider of partnership enablement for the private funds industry, today announced that GPs using the comp
Worldline Launches Buland Bharat Digital Payments Suite for a Stronger and Inclusive India
- 3 years 5 months ago
- Payments
Worldline, a global leader in payments services, today announced the launch of its Buland Bharat digital payments suite, which is designed specially keeping in mind the needs and wants of small and medium businesses (SMBs) in India.
