PSR and FCA Launch Joint Call for Information on Big Tech and Digital Wallets
- 6 months 3 weeks ago
- Payments
The Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) are seeking views on the benefits and risks digital wallets bring to people and businesses.
DTCC Survey Identifies Significant Improvements in Industry Understanding and Preparedness Around Expanded U.S. Treasury Clearing
- 6 months 3 weeks ago
- Trading Systems
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today issued a white paper, “The U.S. Treasury Clearing Mandate: An Industry Pulse Check,” to further enhance the industry’s knowledge of the U.S. Securities & Exchange Commission’s (SEC) expanded clearing rules.
Three in Ten Adults Have Been a Victim of Financial Fraud; Spurring Industry to Continue Investment to Protect Consumers
- 6 months 3 weeks ago
- Fraud Detection
As fraud rates continue to rise, nearly all adults in the UK (94%) now say they are taking additional steps to avoid falling victim to scams, according to new research from global fraud and financial crime prevention company, Featurespace. Three in ten (30%) UK adults have been a victim of financial fraud, and more than half (55%) have seen an increase in the number of scam attempts in the last 12 months.
HPS Opens an Office in Australia and Signs Major SaaS Contract with One of the Largest Banks in the Region
- 6 months 3 weeks ago
- Infrastructure
HPS, one of the leading global providers of software and payment solutions, is pleased to announce the establishment of its new entity in Sydney, Australia. This expansion marks a significant milestone in its international growth and commitment to delivering cutting-edge solutions to its clients across the Asia Pacific region.
J D Wetherspoon Partners with Payit by Natwest to Deliver More Secure Payments for Consumers
- 6 months 3 weeks ago
- Payments
J D Wetherspoon, the leading pub operator in the UK, and the UK’s most visited licensed brand, has partnered with Payit by NatWest to provide customers with a new way to pay for food and drinks via the Wetherspoon app, which will be available as of today.
Wirex and Visa Expand Partnership to Drive Web3 Payment Adoption
- 6 months 3 weeks ago
- Payments
Wirex, the leading Web3 money app, and Visa, a world leader in digital payments, are thrilled to announce a partnership to further the use of digital currencies in the UK and the European Economic Area (EEA).
JP Morgan Backed DLT Settlement Network Partior Closes $60m Series B
- 6 months 3 weeks ago
- Fundraising News
Today Partior, the DLT-based payment network, announced its first closing of its $60 million Series B funding round led by Peak XV Partners (formerly Sequoia Capital India & SEA) and including Valor Capital Group and Jump Trading Group. The company previously raised $31 million according to Pitchbook.
Instinct Digital Raises £5 Million in Funding to Close the Gap Between Customer Expectations and Current Asset Management Communication Offerings
- 6 months 3 weeks ago
- Fundraising News
Instinct Digital, a leading SaaS solution designed to streamline and automate key aspects of funds and investor reporting, today announced the close of a £5 million Series A funding round, led by AlbionVC.
Thunes Appoints Sigrid Hulsebosch as Chief Financial Officer
- 6 months 3 weeks ago
- People Moves
Thunes, a global money movement innovator, has appointed Sigrid Hulsebosch as its Chief Financial Officer. Hulsebosch will oversee Thunes’ financial strategies and lead the global finance function, including planning, treasury, tax, reporting, and investor relations. Based in London, Hulsebosch will report directly to Floris de Kort, Thunes’ CEO.
Alchemy Pay Partners with Mastercard to Streamline Account Opening & Reduce Fraud
- 6 months 3 weeks ago
- Fraud Detection
Alchemy Pay, the world-leading fiat-crypto payment gateway, has partnered with Mastercard to verify authentic users and prevent fraud in the application process. By leveraging Mastercard’s account opening solution, Alchemy Pay ensures a seamless registration experience while efficiently detecting fraud, thereby strengthening risk control measures and enhancing platform security.
Qashier Unveils Treats, an Offering That Streamlines POS, Payment, and Loyalty Mechanisms into an Automated Payment-Linked Loyalty Solution
- 6 months 3 weeks ago
- Payments
Singapore-based fintech startup Qashier announced today that it is launching Treats, a unique payment-linked loyalty programme that allows customers to seamlessly earn points by simply tapping and paying with their linked cards at any merchant under the Treats programme. Since piloting the loyalty programme with 7,000 customers in June 2024, Qashier’s merchants have seen an average of 26% increase in customer purchases and an increased return...
Verisk Launches First-of-its-Kind Insurance Index to Better Inform Pricing Decisions
- 6 months 4 weeks ago
- Insurtech
The insurance industry exceeded loss ratio levels that have not been seen in nearly 20 years, with an estimated $21.2 billion reported in underwriting losses in 2023. To help insurers, Verisk a leading global data analytics and technology provider, has launched its ISO Experience Index, an innovative tool designed to modernize how actuaries in the insurance industry analyze risk patterns.
TBC Bank Uzbekistan Secures Record US$ 38.2 Million Equity Investment from Shareholders to Leverage Growth Momentum
- 6 months 4 weeks ago
- Fundraising News
TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank and part of TBC Group Uzbekistan, Central Asia’s leading digital banking ecosystem, announces a record US$ 38.2 million equity investment from its shareholders to leverage its rapid and profitable growth. London-listed TBC Bank Group PLC, the parent company of TBC Bank Uzbekistan, is investing US$ 23 million, while the European Bank for Reconstruction and Development (EBRD) and...
Trading Technologies Named Best Execution Management System Provider and Best Algorithmic Trading Provider in 2024 Waters Rankings
- 6 months 4 weeks ago
- Trading Systems
Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, announced today that it has won two Waters Rankings 2024 awards including Best Execution Management System (EMS) Provider and a second annual win as Best Algorithmic Trading Provider. Voted on by thousands of end users across the buy side and sell side, the Waters Rankings reflect “best-in-class” service providers across 35 categories,...
GoCardless Partners with ICE InsureTech to Provide Faster Payments for Insurance Companies
- 6 months 4 weeks ago
- Payments
GoCardless, the bank payment company, has announced a strategic partnership with award-winning insurance software platform ICE InsureTech, to deliver faster and seamless automated payment collection for insurance companies in Australia and New Zealand.
