PXP Financial Named Fintech Power 50 Trailblazer
- 2 years 3 months ago
- Banking
PXP Financial, the experts in global acquiring, payment, fraud and data analysis services, has been revealed as among the year’s top FinTech trailblazers by the Fintech Power 50.
Flutterwave Secures 13 New Money Transmission Licenses in the U.S. and Services 29 States with its Send App Remittance Solution for Consumers and Enterprises
- 2 years 3 months ago
- Money Transfers
Flutterwave, Africa’s leading payments technology company has announced its acquisition of money transfer licenses for 13 U.S. states to enable faster, more affordable, and secure transfer of money from the United States to Africa and back. The states include Arizona, Arkansas, Maryland, Michigan, Delaware, Georgia, Maine, Mississippi, Missouri, New Hampshire, Iowa, North Dakota, and South Dakota.
Mambu Reveals Top Financial Trends Set to Shape the Industry in 2024
- 2 years 3 months ago
- Artificial Intelligence, Banking
Mambu, the
KOHO Raises an Additional C$86 Million in Funding and Surpasses One Million Users
- 2 years 3 months ago
- Fundraising News
KOHO Financial Inc., a leading Canadian fintech company, announced today it successfully raised an additional $86 million in a series D extension at an $800 million valuation. New and existing KOHO investors provided the capital, including Drive Capital, Eldridge Industries, HOOPP, Portage, Round13, BDC, and TTV.
CFPB Orders Atlantic Union Bank to Pay $6.2 Million for Illegal Overdraft Fee Harvesting
- 2 years 3 months ago
- Banking
The Consumer Financial Protection Bureau (CFPB) today took action against Atlantic Union Bank for illegally enrolling thousands of customers in checking account overdraft programs. The CFPB found that Atlantic Union misled consumers who enrolled in this overdraft service by phone and failed to provide proper disclosures. The CFPB is ordering Atlantic Union to refund at least $5 million in illegal overdraft fees and pay a $1.2 million penalty to...
Safe Launches Safe{RecoveryHub}, Joining Forces with Sygnum Bank and Coincover to Set New Standard for Crypto Recovery
- 2 years 3 months ago
- Cryptocurrencies
Safe, the leading smart wallet infrastructure provider, is collaborating with Sygnum, a global digital asset banking group, and CoinCover, a UK-regulated recovery service provider, to launch Safe{RecoveryHub}, offering a curated suite of crypto recovery options.
Tokenbridge to Use Blockchain Technology to Enhance KYC and ID Processes for Financial Services Data Business The Tracing Group
- 2 years 3 months ago
- AML and KYC
Tokenbridge, a B2B tokenisation platform streamlining the wealth and fund management ecosystem, today announced that it is working with financial client data firm, The Tracing Group (TTG), to implement blockchain technology to streamline Know Your Client (KYC), Anti-Money Laundering (AML) and client identification processes.
Cytora Integrates Vespia AML and KYB Compliance to Further Operationalise Data Directly Into the Risk Processing Workflows
- 2 years 3 months ago
- Compliance
Cytora, the leading digital risk processing platform and Vespia, a provider of compliance data, is proud to announce Vespia’s AI powered risk analytics are now being used to enhance the underwriting process seamlessly within Cytora’s digital risk processing platform, providing commercial insurance underwriters with deeper insights into business risks associated with AML and sanctions.
Liberis Secures $112 Million from HSBC Innovation Banking and BCI Capital to Expand Embedded Business Finance Platform Across Europe and North America
- 2 years 3 months ago
- Fundraising News
Liberis, a pioneer in embedded business finance solutions, announced it has secured $112 million in debt financing to support its further growth in North America and Europe and expansion into new markets, including Canada and Germany. This strategic collaboration is set to inject a substantial sum of $112 million from HSBC Innovation Banking and BCI Capital across its European and North American divisions.
PayPoint Recruits 1,700+ Retailers for Park Christmas Savings
- 2 years 3 months ago
- Personal Finance
With the deadline of 15th December now set for members of the Federation of Independent Retailers (the Fed) to become PayPoint Park Super Agents, PayPoint today announces that more than 1,700 retailers have already signed up, surpassing their 1,500 target.
Provenir Appoints Industry Veteran Mark Collingwood as Vice President, and Regional Leader of UK, Ireland and the Nordics
- 2 years 3 months ago
- People Moves
Provenir, the global leader in AI-powered risk decisioning software, today announces the appointment of Mark Collingwood as its new Vice President and Regional Leader of UK, Ireland and the Nordics.
Serial Scale-up CFO Ruth Jakobsen Joins Flagstone to Support Saving Platform’s High-growth Fintech Strategy
- 2 years 3 months ago
- People Moves
Flagstone, the UK’s leading cash deposit platform, has bolstered its senior management team with the appointment of Ruth Jakobsen, a seasoned senior finance professional at high-growth scale-up companies.
FinTech Scotland Launches Ground-breaking Innovation Lab, Evolving the Future of UK Financial Regulation
- 2 years 3 months ago
- Financial
FinTech Scotland proudly announces the launch of the Financial Regulation Innovation Lab (FRIL) - a dynamic initiative set to revolutionise and shape the future regulatory landscapes in the UK and around the globe. Championing the frontier of financial regulation and harnessing cutting-edge technologies, FRIL will help ignite employment creation and business opportunities, while also unlocking the potential of future talent.
Muinmos’ Outstanding Achievement in the Prestigious RegTech 100 2024
- 2 years 3 months ago
- RegTech
Muinmos is one of just three RegTech firms worldwide to have been selected for the prestigious RegTech 100 list for the seventh consecutive year. The RegTech 100, which shines a light on the movers and shakers in the regulatory technology sector, showcases the most innovative and disruptive businesses in the regulatory technology space that are seeking to help financial institutions manage the fast-paced changes brought on by ongoing regulatory...
Zafin™ Recipient of Best-in-Class Partner Award by BIAN Group
- 2 years 3 months ago
- SaaS
Zafin™, the leading provider of SaaS product and pricing platform solutions for banks, announces today it has won the 2023 Banking Industry Architecture Network (BIAN) Best-in-Class Partner Award.
