Money Worries Creating Mental Health Timebomb: Young People Three Times More Likely to See Mental Health Worsen Due to Finances
- 1 year 9 months ago
- Personal Finance
Young people are three times more likely than older generations to have their mental health impacted by money worries, research from responsible lender, Creditspring reveals. Four in ten (39%) people aged 18-34 say their mental health has significantly worsened as a direct result of the cost of living crisis, compared to just 13% of over 55s.
FICO Partners with Atto to Build Predictive Models with Real-Time Transactional Data
- 1 year 9 months ago
- Lending, Open Banking
Atto, a leading provider of credit risk solutions using transactional data, is thrilled to announce a strategic partnership with FICO, a global analytics software leader, for the UK market. This partnership will enable UK lenders to easily integrate Open Banking data into the credit scoring process.
TransferGo Secures 10 Million USD Investment from Taiwania Capital
- 1 year 9 months ago
- Fundraising News
TransferGo, the global fintech empowering a world on the move, today announced securing a 10 million USD investment from Taiwania Capital, a leading venture capital firm in Taiwan, backed by Taiwan’s public and private sectors. This investment aims to accelerate growth in the Asia-Pacific region and support the expansion of its new product offerings.
Neobanks Continue to Outpace Legacy Bank Apps With 18M More App Users in 2023
- 1 year 9 months ago
- Digital banking
An analysis from App Radar by SplitMetrics has revealed how European and UK neo and legacy banks have performed in 2023 when compared to 2022.
PayDo Launches Embedded Finance
- 1 year 9 months ago
- Payments
PayDo, a leading Electronic Money Institution (EMI), is on the way to improving digital finance. It will launch an embedded finance feature for SEPA, SEPA Instant, FPS and SWIFT transactions. Now more than ever, financial agility and global connectivity are crucial. PayDo's shift to embedded finance is a game-changer for businesses and individual clients.
Nubank Ultravioleta Enters the Travel Segment with the Launch of Global Account for Customers, in partnership with Wise Platform
- 1 year 9 months ago
- Banking
Nubank Ultravioleta, the exclusive experience for high-income Nubank customers, announces its entry into the travel segment with the pre-launch of its Global Account, in partnership with Wise Platform, Wise’s market-leading global infrastructure solution for banks and large companies. Starting today, Ultravioleta customers can sign up in advance for first-hand access to the service, which will be launched in the coming weeks.
Novidea Secures Additional $30 Million from HarbourVest Partners, Bringing Total Series C to $80 Million
- 1 year 9 months ago
- Fundraising News
Novidea, creator of the cloud-based, data-driven enterprise insurance management platform, today announced it has raised an additional $30 million from HarbourVest Partners, bringing its total Series C round to $80 million, joining existing investors Battery Ventures, Cross Creek, Israel Growth Partners (IGP), KT Squared, and JAL Ventures. To date, Novidea has raised $120 Million.
Entrust Completes Acquisition of Onfido, Creating a New Era of Identity-Centric Security
- 1 year 9 months ago
- Digital Identity, Security
Entrust, a global leader in trusted payments, identities, and data security, today announced that it has completed its acquisition of Onfido, a global leader in identity verification. With this completed acquisition, Entrust now provides the industry's most comprehensive portfolio of AI-powered, identity-centric security solutions. Terms of the acquisition were not disclosed.
allpay Limited Achieves Mastercard Sustainability Badge
- 1 year 9 months ago
- Infrastructure
allpay Limited is proud to announce its attainment of the Mastercard Sustainability Badge, positioning the company at the forefront of environmentally conscious practices.
France Active Successfully Implements Clearwater Analytics to Streamline its Investment Accounting Operations
- 1 year 9 months ago
- Investment
Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that France Active has gone live on the Clearwater platform after a five-month onboarding period, to simplify their investment accounting operations and centralize their accounting book of record.
Unlimit Becomes Lead Investor in Paytring’s Pre-Seed Funding Round
- 1 year 9 months ago
- Fundraising News
Unlimit, the leading global fintech company revolutionizing payments, has announced today that it has become the lead investor in global payment orchestration platform Paytring’s pre-seed funding round.
PXP Financial Leverages Mastercard Tech to Fight Fraud
- 1 year 9 months ago
- Cybersecurity
PXP Financial, the expert in global acquiring, payment, fraud, and data analysis services, today announced it has received accreditation to become a Token Service Provider by global technology company Mastercard.
CapitalBox Appointed Nemira Palaimienė As Chief Strategy & Growth Officer
- 1 year 9 months ago
- People Moves
CapitalBox, the leading fintech lender for small- and medium-sized enterprises in Europe, is announcing the appointment of the Baltic fintech expert Nemira Palaimienė as the company's new Chief Strategy & Growth Officer. Palaimienė will oversee strategic expansion and development, partnership management, and product development.
Adyen Finds the Global Retail Sector Lost $429 Billion to Payments Fraud Last Year
- 1 year 9 months ago
- Fraud Detection
Adyen, the global financial technology platform of choice for leading businesses, has published new research revealing the billions the global retail sector loses to fraudulent activity annually.
wefox: Julian Teicke to Transition to Role of President on the Board of Directors – Mark Hartigan Appointed Executive Chairman and CEO
- 1 year 9 months ago
- People Moves
wefox, a leading insurtech company, has announced the appointment of Mark Hartigan as its Executive Chairman and Chief Executive Officer. Julian Teicke will be transitioning into the non-executive role of President, and remain Vice Chair of the Board of Directors after nine successful years of steering wefox’s growth and establishing it as a category-defining insurtech company.
