New Research Reveals Ireland is the Credit Card Fraud Capital of Europe
- 3 years 6 months ago
- Security and Compliance
Since March 2020, consumer spending habits have changed significantly, and that includes the way we use our credit cards online. Almost immediately, fraudsters tapped into this and found new ways of taking advantage of this with devious scams and cons that caused a drastic rise in fraud cases.
Akurateco Launches Free Fintech Meetings
- 3 years 6 months ago
- Payments
Netherlands-based white-label payment orchestration platform Akurateco is announcing a launch of the free fintech meetings season. The company aims to help business owners to get acquainted with the leading payment technologies that can boost their e-commerce. Fintech meetings are scheduled as follows:
Blockchain Developer Aptos Labs Raised Millions of Dollars
- 3 years 6 months ago
- Fundraising News
Companies are trying to expand their operations. However, it is impossible to achieve ambitious goals without money. Hopefully, Layer-1 blockchain developer Aptos Labs was able to find investors. It has closed a $150 million funding round to further its ambitions in the Web3 space, further highlighting venture capital’s appetite for budding crypto-focused startups.
01/08 – Weekly Investment & Fundraising News
- 3 years 6 months ago
- Fundraising News
Dbank Raises Largest Seed Round in Pakistan at $17.6M
01/08 – Weekly Fintech Recap
- 3 years 6 months ago
- Artificial Intelligence, Blockchain, Digital banking, Payments, Banking, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships Microsoft and Nexi Drive Payments Digitisation in Europe
Lloyds Banking Group to Lose 66 More Bank Branches
- 3 years 6 months ago
- Banking
Lloyds Banking Group has identified another 66 branches for closure over the next few months. The UK lender will shut 48 Lloyds Bank branches and 18 Halifax branches between October and February. The move continues a sustained programme of branch shutdowns from the bank as more customers choose to do their banking online.
NCR Delivers Services to Run Bank of New Zealand’s ATM Network
- 3 years 6 months ago
- Banking
NCR Corporation, (NYSE: NCR), a leading enterprise technology provider, today announced a strategic relationship with the Bank of New Zealand (BNZ), one of the largest banks in the country. Through its robust NCR ATM as a Service solution, NCR will run the bank’s ATM fleet as part of BNZ’s digital transformation.
Swift Could Face Challenge in New Era for Cross-border Payments - EIU
- 3 years 6 months ago
- Payments
Analysis from the Economist Intelligence Unit (EIU) suggests that while digital disruption to domestic payments continues, the ongoing Russia-Ukraine war will cause parallel disruption to cross-border payment systems. The dominance of SWIFT is endangered. To begin with, the EIU expects growth in digital payments to slow over the next five years.
Portage Launches Late-Stage Portage Capital Solutions Fund
- 3 years 6 months ago
- Investment
Global fintech investor Portage announced today the launch of a late-stage, fintech-focused Portage Capital Solutions (“PCS”) Fund. Co-Heads Daniel Ballen and Devon Kirk will lead the strategy, focusing on structured opportunities in fintech and financial services companies globally and targeting investments over $50 million.
Crypto Exchange Zipmex Files for Bankruptcy Protection in Singapore
- 3 years 6 months ago
- Cryptocurrencies
Zipmex has become the latest victim of the ongoing crypto crash after running into liquidity problems that it blames on troubled crypto lenders Babel Finance and Celsius Network. The Singapore-based crypto exchange said on Wednesday that it had filed moratorium applications in the city-state for five business entities. The moratoriums will protect Zipmex from any legal claims or proceedings for a period of up to six months, according to a...
Dbank Raises Largest Seed Round in Pakistan at $17.6M
- 3 years 6 months ago
- Fundraising News
Dbank, a Pakistani fintech founded by two former Google staffers, has raised $17.6 million in a seed funding round co-led by Sequoia Southeast Asia and Kleiner Perkins. Brazilian digital banking giant Nubank, RTP Global, Rayn and local partner Askari Bank joined the round.
Microsoft and Nexi Drive Payments Digitisation in Europe
- 3 years 6 months ago
- Payments
Nexi announces today a strategic collaboration with Microsoft aimed at innovating digital payments solutions and helping digitalization of SMEs, Corporates, Public Administrations and Financial Institutions across multiple European markets through vertical value-added solutions to respond to specific needs as easy-to-adopt one-stop-to-digital packages for small businesses, secure scalable payment cloud-based infrastructures for public entities...
DFSA Appoints New Chief Executive
- 3 years 6 months ago
- People Moves
The Board of Directors of the Dubai Financial Services Authority (DFSA) has accepted the resignation of F. Christopher Calabia, effective 31 August 2022. Chris joined the DFSA in October 2021 and is stepping down to return to the United States for family-related reasons.
Payment Source Cuts Reconciliation Times by 50% and Scales Fast with Duco’s Data Automation Platform
- 3 years 6 months ago
- Payments
Duco, a leading cloud-based data automation company, today announced that Payment Source, the preferred partner to bring innovative payment solutions to the Canadian market, has achieved huge efficiency and scalability gains thanks to the Duco Platform.
Worldpay from FIS Extends Partnership with Chargebacks911 to Help Reduce Chargebacks for Merchants
- 3 years 6 months ago
- Payments
Financial technology leader Worldpay from FIS® is extending its partnership with a dispute technology provider, Chargebacks911, by launching an enhanced range of Disput
