Binance Teams Up With Macau Judiciary Police to Launch Joint Anti-Scam Campaign
- 5 months 1 week ago
- Cybersecurity
Binance is committed to enhancing the security of the crypto ecosystem by working closely with law enforcement agencies worldwide to combat and deter financial crime. As part of this commitment, Binance has partnered with the Judiciary Police of Macau to launch a joint anti-scam campaign designed to increase user awareness of online fraud and reduce the risk of scams through tailored anti-fraud alerts integrated into its system. An Anti-Fraud...
FIMA Europe 2024
- 5 months 1 week ago
- FinTech StartUps
Connect with data and analytics leaders from T1 banks for a two-day event exploring precise, data-driven decisions from financial institutions at FIMA 2024, the world’s leading data and analytics event for investment banks and asset managers. Check out the brochure for the full speaker line-up, key topics being covered as well as all the networking and interactive learning opportunities: https://shorturl.at/VqhRs.
PXP Financial Drives SoftPOS Expansion in Zebra Technologies Partnership
- 5 months 1 week ago
- e-Payments
Flutterwave Enables Its Online Merchants in Nigeria to Accept American Express Payments
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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’
- 5 months 1 week 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
- 5 months 1 week 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)
- 5 months 1 week 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™
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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.
