Bitget-Backed Crypto Exchange BitEXC Launches in the Vietnam Market

• 2 weeks 4 days ago
• Cryptocurrencies

Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of BitEXC, a trading platform customized to meet the needs for the Vietnamese market.

Mind the AI Gap: New Qonto Survey Reveals British SMEs Falling Behind Europe in AI Race

• 2 weeks 4 days ago
• Artificial Intelligence

Qonto, Europe’s leading business finance solution for SMEs and freelancers, today publishes its latest barometer on the state of Europe’s small and medium business landscape in 2024. The report was created in collaboration with YouGov, in a survey among +5,000 senior decision makers for SMEs across France, Germany, Italy, Spain and the UK. 

Businesses Battle First-Party Fraud as Consumers Face Financial Pressures

• 2 weeks 4 days ago
• Compliance

While the vast majority of consumers stay honest, UK businesses still face a battle against first-party fraud as financial pressures persist – according to new data from global information and insights company TransUnion.

Illimity Supports the Growth of De Angelis with Over €21 Million, Including €9.1 Million Subscribed by Illimity SGR

• 2 weeks 4 days ago
• Investment

illimity Bank S.p.A. has supported the De Angelis  Food S.p.A. Group (“De Angelis” or the “Group”) for a total of €21.1 million, one of the major  international players in the production and marketing of fresh pasta and products for gastronomy. 

Yuno Partnership Supercharges Growth for Brazil’s Most Innovative Retailer

• 2 weeks 4 days ago
• Payments

Reserva, a leader in Brazil's innovative customer experience and digital engagement among fashion retailers, has unlocked sustainable growth through a strategic partnership with Yuno, the world’s leading payment orchestrator. By leveraging Yuno's cutting-edge technology and streamlined payment management, Reserva increased its purchase conversion rate by 4 percentage points while enhancing operational efficiency, optimizing fraud prevention, and...

Ecommpay Streamlines Payouts Where Beneficiary Details Are Unknown with New Payouts via Hosted Payment Page

• 2 weeks 4 days ago
• Payments

Streamlining the payout experience for merchants and other businesses, Ecommpay, the inclusive global payments platform, has launched a new Payouts via Hosted Payment Page facility.

Plumery Launches UI/UX Factory – Foundation for Rapid Development of Mobile and Web Banking Applications

• 2 weeks 4 days ago
• Banking

Plumery, a digital banking experience platform for true customer-centric banking, today announced it has expanded its capabilities to encompass a new mobile and web banking apps development foundation. Pre-integrated into Plumery’s existing digital banking services, UI/UX Factory is designed to accelerate app development for banks, reducing time-to-market while maintaining control over design and functionality.

Fonepay Introduces Nepal’s First Virtual Credit Card with Support of Compass Plus Technologies

• 2 weeks 4 days ago
• Payments

Fonepay, Nepal’s largest interoperable payment network, has unveiled its first virtual credit card, marking a significant milestone in its mission to establish itself as a fully-fledged locally operated payment network in the country.

Saudi Exchange Market Data Now Available via QuantHouse

• 2 weeks 4 days ago
• Data

Iress today announced that its QuantHouse division can now deliver real-time market data from the Saudi Exchange.

Avaloq and Quadient Partner to Elevate Client Communications for Financial Services

• 2 weeks 4 days ago
• Infrastructure

Avaloq, a leading provider of software and services for banks and wealth managers, integrates Quadient Inspire as the standard CCM solution for the Avaloq platform

EPAM Completes Strategic Acquisition of First Derivative, Enhancing AI and Data-Driven Solutions for Financial Services

• 2 weeks 4 days ago
• Artificial Intelligence, Data

Corpay Completes Cross-Border Payments Acquisition

• 2 weeks 4 days ago
• Payments

Corpay, Inc., a global S&P 500 corporate payments company, completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border solutions provider to upper middle market companies, primarily in the U.S.

Wefox Agrees to Sell Insurance Carrier

• 2 weeks 4 days ago
• Insurtech

As announced in June 2024, the Liechtenstein-domiciled insurance carrier wefox Insurance AG is no longer part of wefox's core business. wefox has now agreed to sell the insurance company to a group of Swiss companies led by BERAG.

MontyPay Takes Home the "Payment Innovation of the Year" Award for Revolutionizing Global Commerce

• 2 weeks 4 days ago
• Payments

MontyPay has been awarded the "Payment Innovation of the Year" accolade at the 

Model Risk Management, Canada

• 2 weeks 5 days ago
• FinTech StartUps

There is a critical need for financial institutions to enhance model risk management amidst evolving regulatory pressures, particularly with OSFI E-23. Delegates from banks, insurance companies, and investment firms are facing significant challenges, including adapting to new regulations, effectively quantifying and managing climate risks, and integrating AI and machine learning into their risk frameworks.