AU10TIX ID Verification Suite and Serial Fraud Monitor Prevented Over $18B in Business Fraud Since 2021
- 1 day 20 hours ago
- Digital Identity
AU10TIX, a global technology leader in identity verification and management, today announced that it has protected companies around the globe against over $18B in business fraud since the 2021 launch of its award-winning Serial Fraud Monitor (formerly INSTINCT). This solution, along with the company’s IDV (Identity Verification) Suite, has proven to protect organizations against even the most sophisticated identity fraud schemes.
Islamic Banking and Finance is Emerging in CIS Countries
- 1 day 20 hours ago
- Islamic Finance
Islamic banking and finance is experiencing a surge in popularity within the Commonwealth of Independent States (CIS) region, presenting a significant new market for financial services. This was highlighted by a recent visit to Uzbekistan, Kyrgyzstan, and Azerbaijan by Mr. Muhammad Zubair, CEO of AlHuda Centre of Islamic Banking and Economics (CIBE), UAE a leading Islamic finance advisory and consultancy firm.
Nium Expands Regional Footprint in Asia; Signs Partnership MOU with Indonesian Payments Infrastructure Leader, Artajasa
- 1 day 21 hours ago
- Infrastructure
Nium, the global leader in real-time cross-border payments, today announced it will sign a partnership Memorandum of Understanding (MOU) with Artajasa, one of Indonesia's leading payment infrastructure companies. Artajasa operates the switching services banks and fintechs use to facilitate fast, secure, and reliable electronic transactions.
Allianz Prevents 29% More Fraud and Announces Partnership With Clearspeed
- 1 day 21 hours ago
- Fraud Detection
Allianz’s personal lines business has reported a 29%1 increase in fraud prevention in 2023 compared to the previous year. This spans all types of insurance fraud from motor claims, home claims, and application fraud, and the notable rise of ghost brokers and their tactics to lure innocent victims into a fake insurance policy.
Yuno Expands Reach Across Key Asian Markets, Establishing Stronger Regional Presence
- 1 day 22 hours ago
- Payments
Yuno, the leading global payments orchestration platform, today announces it has scaled up its footprint in Asia, launching its innovative payment orchestration solution in key markets including Singapore, the Philippines, Thailand and Hong Kong, among others.
PPRO Expands Its Local Payments Offering to the US
- 1 day 22 hours ago
- Payments
PPRO, the leading local payments platform, has today announced its entry into the US market enabling global payment service providers (PSPs) and merchants to reach millions of US consumers via a single API.
World’s First Fintech Giving Access to Global Shariah-compliant Private Equity Funds Launches its Platform
- 1 day 22 hours ago
- PaaS
Digital investment platform Mnaara has officially launched in the UK and is now providing access to private markets investments for Shariah-conscious investors from across the world.
Thunes Announces Agreement to Acquire Tilia LLC
- 1 day 22 hours ago
- Payments
To accelerate its growth in the United States and its presence in the fast-expanding online gaming market, Thunes, a global cross-border payments company, is proud to announce that it signed a definitive agreement to acquire Tilia LLC, an all-in-one payments platform. Tilia is licensed in 48 U.S. states and territories and offers payment solutions (acceptance and pay-outs) for online games, virtual worlds, creator economies, and in-app purchases.
Fundpath Secures Further £2M Investment from Fuel Ventures
- 1 day 23 hours ago
- Fundraising News
Fundpath, the critical data and business intelligence service for the wealth and asset management industry, today announced the completion of a further £2m funding round with its venture capital partner, Fuel Ventures (‘Fuel’). This second round of funding follows the £4m investment made in March 2023.
Accelerated Payments and inflverse Partner to Revolutionise Payments in the Creator Economy
- 1 day 23 hours ago
- Payments
Accelerated Payments, a leading provider of business funding solutions, has announced a strategic partnership with inflverse, a global financial management platform for creator agencies. This collaboration aims to build a more financially sustainable creator economy. Leveraging Accelerated Payments funding solutions, inflverse has developed a proprietary platform that is revolutionising payments within the creator economy.
Pomelo Announces $35M Series A, Additional $75M Warehouse, Expanding Its Credit-Building Remittance Product
- 1 day 23 hours ago
- Fundraising News
Pomelo, the first consumer fintech to enable international money movement with consumer credit, announced a Series A of $35 million in venture capital and a $75m expansion of its warehouse facility from Vy Capital, Founders Fund, and A* Capital. This brings total funds raised to date to $55m in equity capital and $125m for its warehouse facility.
10x Banking Appoints Will Dale as Regional Vice President as It Expands in APAC
- 2 days 7 min ago
- People Moves
10x Banking, the transformational cloud-native SaaS core banking platform, has today announced the appointment of Will Dale as its Regional Vice President in APAC. The appointment, which sees Dale join from Mambu where he held the role of Regional VP for nearly five years, sees 10x cement its presence in APAC as part of its mission to bring core banking transformation to financial institutions across the region.
Sopra Banking Software and Paymentology Forge Strategic Partnership to Revolutionise Global Card Issuing Services
- 2 days 2 hours ago
- Payments
Sopra Banking Software (SBS), a leading provider of banking software solutions, and Paymentology, a global issuer processor, are thrilled to announce a transformative strategic partnership aimed at delivering comprehensive card issuing services within SBS's next-generation SBP Digital Core platform.
UK Finance Publishes Report to Facilitate Commercial Variable Recurring Payments
- 2 days 2 hours ago
- Payments
UK Finance, in association with law firm Addleshaw Goddard LLP, is today announcing a report on the use of model clauses to support the development of the Variable Recurring Payments (VRPs) for commercial applications in the UK.
85% of Gen Z Muslims Want to Try Islamic Banking: New Research Reveals
- 2 days 2 hours ago
- Islamic Finance