ArmorCode Raises $40M in Series B funding Led by Highland Capital Partners
- 1 year 2 months ago
- Fundraising News
ArmorCode, known for its innovative approach to software security, has successfully closed a preemptive Series B funding round. This latest injection of $40m, led by HighlandX, elevates ArmorCode’s total funding to an impressive $65m.
Ripe Accelerates into Motorhomes and Campervans Market with Expanded Product Portfolio
- 1 year 2 months ago
- Insurtech
UK fintech and insurer, Ripe, has expanded its product portfolio with the launch of motorhomes and campervans insurance. Ripe, is using its proprietary technology and ‘build your own policy’ model to deliver quotes in less than 120 seconds, faster than the time it takes to go from 0-60 mph in your typical motorhome. With this new area of cover, Ripe is building on its success insuring static and touring caravans and the business now has over 350...
Airwallex Improves Customer Onboarding with Generative AI
- 1 year 2 months ago
- Artificial Intelligence
Airwallex today shared data on the impact of a new generative AI tool that enhances the speed and efficacy of its “Know your Customer” (KYC) and onboarding processes. The new tool reduces ‘false positives’ by 50 percent on average, while boosting the number of customers that pass through the onboarding process without human intervention by 20 percent.1
Citi Expands Its Payments Innovation Toolkit with Investment in Icon Solutions
- 1 year 2 months ago
- Investment, Payments
Citi Treasury and Trade Solutions (TTS), within Citi’s Services organisation, has made an investment in
Nucleus365 Collaborates with TransferMate to Expand Cross-Border Payment Network
- 1 year 2 months ago
- Payments
Nucleus365 – the unified platform for payment processing and reconciliation – has today announced its partnership with the world’s leading B2B payments infrastructure-as-a-service provider, TransferMate. The strategic partnership will allow Nucleus365 customers to expand their cross-border payments offering and enhance their overall global payments experience.
Enfuce Achieves Milestone in Mobility Segment, Launching Visa’s Fleet 2.0 Solution
- 1 year 2 months ago
- Payments
Issuer processing powerhouse Enfuce, today announces it is expanding its partnership with Visa with the launch of Visa's cutting-edge mobility card solution, the 'Visa Fleet 2.0.'
GCEX Digital Prime Brokerage Releases Intuitive Interface for Easy Crypto-Fiat Conversions on Any Device
- 1 year 2 months ago
- Trading Systems
Digital Prime Brokerage GCEX (GCEX Group), a regulated digital brokerage that enables brokers, funds and professional traders to access deep liquidity has announced the release of effortless crypto-fiat conversions on any device with an intuitive interface – XplorSpot Lite.
Black Friday Sales Reach New Heights in Emerging Markets
- 1 year 2 months ago
- Payments
PayU GPO, the leading online payment service provider operating in over 30+ emerging markets, today releases new data on Black Friday’s impact on emerging markets’ e-commerce landscapes. The annual e-commerce event generated enormous sales volumes across Latin America, Central and Eastern Europe and Africa, demonstrating these regions’ value to international retailers.
FCA Warns of Risk of Loan Fee Fraud as Almost Two-thirds of Parents Feel Pressured to Spend Above Their Means at Christmas
- 1 year 2 months ago
- Security
At a time of year when many households feel a festive squeeze on their finances, the FCA’s latest research highlights that many borrow to cover the cost of Christmas, and the increased risk that loan fraudsters pose to families.
British Patient Capital Invests £5.5m in Pragmatic Semiconductor
- 1 year 2 months ago
- Investment
British Patient Capital has made a £5.5 million investment into Pragmatic Semiconductor, a Cambridge-based designer and manufacturer of semiconductors, as part of a £162m first close of its Series D funding round, with a second close to follow.
Encompass Recognised as RegTech Leader with Selection on RegTech100 List
- 1 year 2 months ago
- RegTech
Encompass Corporation, the provider of the leading dynamic Know Your Customer (KYC) process automation platform, has been named on RegTech Analyst’s RegTech100 list for 2024, recognising its vital impact when it comes to transforming regulatory compliance with technology-first processes.
Featurespace Research Reveals 70% of North American Financial Institutions Have Experienced Increased Fraud Rates in 2023
- 1 year 2 months ago
- Fraud Detection
Featurespace, the world leader in enterprise-grade fraud and financial crime technology, today announces the data findings of a new report: The State of Fraud and Financial Crime in North America Annual Report 2023.
Liminal Custody Solutions Strengthens Collaboration with Himachal Pradesh Special Investigation Team for Enhanced Digital Asset Security
- 1 year 2 months ago
- Security
Liminal Custody Solutions, a leading provider of digital asset custody services, has achieved a significant milestone in its ongoing mission to enhance the security and accessibility of India's digital asset ecosystem. In its capacity as a trusted custodian of digital assets, the company recently played a pivotal role in a high-profile operation conducted in conjunction with the Himachal Police.
HSBC Pioneers Quantum Protection for AI-powered FX Trading
- 1 year 2 months ago
- Banking
HSBC has become the first bank to pioneer quantum protection for AI-powered foreign exchange trading. As one of the world's largest foreign exchange providers, HSBC is leading the way in exploring how quantum cryptography can safeguard highly sensitive trading data against possible cyber threats as powerful as future quantum attacks.
Lunar and TrueLayer Forge Strategic Partnership to Revolutionise Nordic Payments Landscape
- 1 year 2 months ago
- Payments
Nordic challenger bank Lunar is joining forces with TrueLayer, Europe’s leading open banking payments network, to redefine the payments landscape across Denmark, Sweden and Norway. This collaboration will enhance TrueLayer’s instant payment capabilities in the Nordics through seamless integration with Lunar’s payment infrastructure.
