Flutterwave Enables Its Online Merchants in Nigeria to Accept American Express Payments
- 4 months 3 weeks ago
- Payments
Flutterwave, Africa’s leading payments technology company, has announced today that its online merchants in Nigeria can now accept American Express payments. American Express Card Members - with consumer, business, or corporate cards - will be able to make payments directly to e-commerce businesses using Flutterwave in Nigeria. This service will also be available to Flutterwave merchants in other countries including Tanzania, Rwanda, Ghana and...
Brits Could Be Almost £24.5 Billion Per Year Better Off by Using Digital Financial Management Tools
- 4 months 3 weeks ago
- Management
Consumers across the UK who are using digital financial management tools report being on average £37.08 better off per month, or £4451 better off per year, compared to pre-adoption. Today, as many as 7.6 million3 Brits are already using digital financial management tools, meaning this group is gaining up to a total of £3.384 billion collectively each year.
TerraPay Forms Council With Leading Digital Wallets to Accelerate Cross-Border Payments Interoperability
- 4 months 3 weeks ago
- Payments
TerraPay, a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the “Wallet Interoperability Council”, aiming to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions.
Trustly and Foodora Join Forces to Offer Open Banking Payments Solution
- 4 months 3 weeks ago
- Open Banking
Trustly, the global leader in open banking, today announces a strategic partnership with foodora, a leading food delivery service. This collaboration will introduce an innovative new checkout service option for foodora customers. The new payment solution will be initially launched in Finland, with imminent plans for expansion into other European markets, including Norway, Sweden, the Czech Republic, and Austria.
AI’s Historic Role in Fighting ‘Friendly Fraud’
- 4 months 3 weeks ago
- Artificial Intelligence
Global losses to payment fraud have surged to $48 billion USD in 2023, and payment companies around the
Britons Trending Toward Economic Optimism, With 43% Expecting Their Circumstances to Improve
- 4 months 3 weeks ago
- Personal Finance
Over two fifths (43%) of UK adults believe that their financial situation will improve in the next 12 months, new research by SmartSave, a Chetwood Financial company, has found. The digital bank commissioned an independent, nationally representative survey of 2,000 UK adults. Of those who said they thought they would be in a better financial position in a year’s time, when asked why they felt this way, the most common reason cited was ‘...
New Horizon Bank Joins American Fintech Council (AFC)
- 4 months 3 weeks ago
- Banking
The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of New Horizon Bank as its newest member. New Horizon embodies AFC’s focus on consumer-centric finance and innovations that help businesses and families take control of their financial futures.
FIFA Announces Bank of America as Official Bank Sponsor of FIFA World Cup 26™
- 4 months 3 weeks ago
- Banking
FIFA is proud to announce Bank of America as its Official Bank Sponsor of FIFA World Cup 26™. The historic partnership underscores the global financial institution’s commitment to promoting wellness, supporting the pursuit of excellence and making a human connection and community impact through the power of sport.
CaixaBank Starts Its Second Rollout of Generative AI Across the Entire Group
- 4 months 3 weeks ago
- Artificial Intelligence
CaixaBank has launched a second phase in the development and deployment of generative artificial intelligence to scale use cases and implement them throughout the group. The aim of this project is to improve the customer and employee experience and increase productivity and efficiency, as the bank's professionals will be able to devote more time to projects with greater added value.
PayPal and UKG Launch Payroll Integration to Enable Easy Access to Payroll Funds
- 4 months 3 weeks ago
- Management
PayPal is committed to advancing products and experiences that help customers manage their financial lives. PayPal has teamed up with UKG, a leading provider of HR, payroll, workforce management, and culture solutions, to give U.S. employees whose pay is processed through UKG Pro the ability to easily set up PayPal Direct Deposit through their employer’s payroll portal.
Investment Fraud Attempts Surge by 76% in the First Half of 2024
- 4 months 3 weeks ago
- Fraud Detection
According to the latest Bank of Ireland fraud data for the first half of 2024, the volume of investment fraud attempts has surged by 76% compared to the same period in 2023. Investment fraud happens when fraudsters, posing as legitimate firms, offer consumers investment opportunities on social media or in a sponsored search result. A common tactic is to promise high returns and then put people under considerable pressure to commit to the...
WSPN Secures $30 Million in Seed Funding to Redefine the Future of Digital Payments With Stablecoin 2.0
- 4 months 3 weeks ago
- Fundraising News
WSPN (Worldwide Stablecoin Payment Network), a leading provider of next-generation stablecoin infrastructure, has raised US$30 million in Seed funding round. This round was led by Foresight Venture and Folius Ventures, with participation from prominent investors including Hash Global, Generative Ventures, Yunqi Partners, RedPoint China, and a consortium of top-tier investment companies, exchanges and foundations.
TransUnion Appoints Sharon Naidoo as CFO Across UK and Europe
- 4 months 3 weeks ago
- People Moves
TransUnion, a global information and insights company and one of the UK’s leading credit reference agencies, has welcomed Sharon Naidoo as its new Chief Financial Officer (CFO) for the UK and Europe.
Network International Slashes Fraud Rates in MEA With Cloud-Hosted FICO Solution
- 4 months 3 weeks ago
- Security
Global analytics software leader FICO announced today that Network International LLC (NI), headquartered in Dubai, has helped banks in the Middle East and Africa help prevent fraud using a cloud-hosted version of the industry-leading FICO® Falcon® Fraud Manager.
Catharina Eklof Appointed as Chief Executive Officer of IDEX Biometrics
- 4 months 3 weeks ago
- People Moves
IDEX Biometrics has appointed Catharina Eklof as the new Chief Executive Officer, effective as of today. Catharina Eklof has for the last three years served as Chief Commercial Officer for IDEX Biometrics and has been instrumental in the transformation from a component provider to a full biometric solution company.
