Gen Z Prioritises Financial Planning and Saving Amidst Growing Economic Challenges
- 1 year 6 months ago
- Personal Finance
Gen Z is emerging as a generation of financial planners, balancing economic independence and wealth building, according to new research. A new study from international law firm Charles Russell Speechlys, which sought the views of 4,000 people, found that more than 2 in 5 (43%) of Gen Z adults would use financial support, such as inheritance or gifts from parents or grandparents, to save for their future, while a third would buy a property...
Profile Software Unveils Digital Investment Hub Solution to Bridge Digital Banking and Investment Management
- 1 year 6 months ago
- Financial
Profile, a leading international financial solutions provider, has announced the release of its innovative Digital Investment Hub (“DI.hub”) solution within Finuevo Digital, a next generation digital banking platform.
Reece Partners With Adyen to Boost Customer Experience in Australia and New Zealand
- 1 year 6 months ago
- e-Payments
Adyen , the financial technology platform of choice for many of the world’s leading companies, today announced its partnership with Reece , Australia and New Zealand’s leading plumbing and bathroom supplies business. The payment partnership sees Adyen process payments across Reece’s online and offline stores, creating seamless customer experiences, ensuring safer transactions, and modernizing processes.
Nubank Elevates Customer Experiences With OpenAI
- 1 year 6 months ago
- Digital banking
Since its founding in 2013, Nubank—one of the world’s largest digital financial services platforms—has changed how millions across Latin America manage their money, offering fee-free accounts, credit cards without annual fees, and seamless, personalized customer service. Today, Nubank serves over 114 million customers in Brazil, Mexico, and Colombia. By leveraging AI solutions developed with OpenAI, Nubank enhances both customer experiences...
Adyen Publishes 2024 Annual Report
- 1 year 6 months ago
- Payments
Adyen today published its 2024 Annual Report, providing stakeholders an insight into its business performance, strategy, and key milestones from the past year.
OCC Clarifies Bank Authority to Engage in Certain Cryptocurrency Activities
- 1 year 6 months ago
- Cryptocurrencies
The Office of the Comptroller of the Currency (OCC) today took action to reaffirm that a range of cryptocurrency activities are permissible in the federal banking system.
Fawry and Ottu Sign Strategic Collaboration Agreement to Drive Unprecedented Business Growth in Egypt
- 1 year 6 months ago
- Payments
Fawry, Egypt’s leading fintech company, has signed a pioneering Mutual Collaboration Agreement (MCA) with Ottu, the leading Online Payment Management System (OPMS) in the Middle East. Together, Fawry and Ottu aim to redefine Egypt’s online payment landscape, empowering businesses with innovative and efficient payment solutions, with Fawry being Ottu’s first partner in Egypt.
M-DAQ Finds More Than 70% of Businesses Unprotected From FX Risk – 4XPro Delivers the Solution
- 1 year 6 months ago
- Infrastructure
Currency volatility remains a critical threat to cashflow stability for businesses operating across borders. The sudden surge of the Japanese Yen in August 2024 serves as a stark reminder, costing millions in unforeseen losses for companies with exposure to the currency.
American Express to Acquire Expense Management Software Company Center
- 1 year 6 months ago
- Management
American Express today announced that it has entered into an agreement to acquire Center, a software company modernizing expense management.
Coeo Inkasso Selects Neonomics to Simplify Debt Collection Payments With Nello Pay
- 1 year 6 months ago
- Payments
coeo Inkasso, a leading credit management service in Europe, has partnered with Neonomics to introduce a seamless, cost-efficient payment solution for debt collection bills in Norway. Set to launch in the Norwegian market, Coeo Inkasso will integrate Neonomics' Nello Pay, an open banking-powered solution, enabling individuals to settle outstanding balances directly from their bank accounts—bypassing the friction of traditional payment methods.
Payments Security Now Influences Travel Purchase Decisions, Finds New Outpayce Study
- 1 year 6 months ago
- Payments
A new survey of 4,500 travelers across five markets commissioned by travel payments specialist Outpayce from Amadeus, reveals growing demand for robust payment security, with over 70% of travelers stating they would choose a travel company based on its strong reputation for secure commerce.
Dodo Payments Raises $1.1M to Expand Cross-Border Payment Solutions
- 1 year 6 months ago
- Fundraising News
Dodo Payments, a fintech company focused on cross-border transactions, has secured $1.1 million in pre-seed funding. The investment round was led by Venture Catalysts, Antler, and 9Unicorns, with participation from several angel investors, including industry leaders from PayU, Oyo, Flipkart, and a16z.
Milo Surpasses $65 Million in Crypto Mortgage Volume, Reinforcing Real-World Utility for Digital Assets
- 1 year 6 months ago
- Lending
Milo, a financial technology company and the pioneer in crypto mortgage lending, has achieved a significant milestone by surpassing $65 million in total loan volume for its crypto mortgage offering. This accomplishment highlights the increasing demand for alternative financing solutions and validates the use of Bitcoin (BTC) and Ethereum (ETH) as viable assets for securing homeownership.
Financial Institutions Still Playing Catch-Up Following EU’s DORA, Finds Clear Junction
- 1 year 6 months ago
- Risk Management
Clear Junction, a leading global payments solution provider, has revealed that nearly half of financial institutions were unprepared for the realities of the Digital Operational Resilience Act (DORA) regulation when it came into force in January 2025. The findings highlight the challenges businesses face in balancing compliance with operational priorities amid an increasingly complex regulatory landscape.
BRL1 Debuts on the Market and Increases Cryptoasset Liquidity
- 1 year 6 months ago
- Cryptocurrencies
The crypto exchanges Bitso, Foxbit, and Mercado Bitcoin (MB), together with Cainvest, an international liquidity provider, announced the launch of BRL1, a stablecoin pegged to the Brazilian real. Initially created to eliminate barriers in the movement of Brazilian real values between national and international exchanges, BRL1 aims to make the Brazilian market much more liquid and attractive.
