IDnow’s YRIS Solution Obtains Substantial Level of Assurance for Digital Identities According to eIDAS
- 3 months 3 weeks ago
- Digital Identity
IDnow, a leading identity verification platform provider in Europe, has received the security Visa from French Cybersecurity Agency (ANSSI) recognising the Substantial Level of Assurance (LoA) certif
Moneyhub Partners with Idomoo to Introduce Personalised Video Capabilities
- 3 months 3 weeks ago
- Financial
Moneyhub, the market-leading fintech and Open Finance firm, has integrated with Idomoo’s Next Generation Video Platform to further drive consumer engagement with their personal finances for its enterprise clients. The integration offers firms using the Moneyhub platform another dynamic way to engage the modern consumer with their financial products and service providers.
Griffin Announces Move to General Availability, Opens Up BaaS Platform to UK Fintechs
- 3 months 3 weeks ago
- Cloud
Griffin, the UK’s leading bank for fintechs, today announced it is opening its platform up to UK fintechs as it concludes its early access programme, Foundations. As a licensed UK bank and Banking-as-a-Service (BaaS) provider, Griffin enables companies to seamlessly embed banking products like payments, savings, safeguarding and client money accounts, and unlock more revenue opportunities across their value chain.
Banks to Use Generative AI to Meet Instant Payments Project Challenges
- 3 months 3 weeks ago
- Artificial Intelligence
New research from RedCompass Labs, a world leader in payments modernization, has revealed that over half (54%) of banks are planning to leverage generative artificial intelligence (AI) for the shift to instant payments and other payments modernization projects, while four in ten (42%) are actively considering the possibility.
Liberis to Extend Small Business Financing to 10 European Countries Through myPOS Partnership
- 3 months 3 weeks ago
- Infrastructure
Liberis, the leading global embedded finance platform, announced a partnership today with myPOS, award-winning fintech platform and payment service provider to European SMEs. This partnership will enable myPOS to offer revenue-based financing in 10 European countries starting with the UK, providing small businesses (SMEs) with the money they need to fund new projects, address business challenges, and expand at their own pace.
UK Trust in Banks Trails Europe and the US, with Concerns Over Fraud and Safety of Financial Information
- 3 months 3 weeks ago
- Banking
UK consumers have some of the worst trust levels in banks and financial providers when it comes to keeping their data safe, significantly lower than in Europe and the US. The new findings from CRIF, Europe’s leading provider of consumer and business credit information, reveal that just 53% of Brits trust their bank or provider to look after their data.
P2P Sustains Solid Real Returns in 2024 – Can It Keep Up?
- 3 months 3 weeks ago
- Lending
The analysts of the Robocash platform summarized the results of the first half of 2024, calculating the real return on assets for the reporting period. The findings showed that all major global markets are entering a sustainable growth trajectory compared to last year's performance.
PastPay Secures €12 Million Series A, the Largest for a B2B BNPL in CEE to Accelerate Transactions Across Europe
- 3 months 3 weeks ago
- Fundraising News
PastPay, a provider of B2B payment solutions, has announced a €12 million Series A funding round led by Platina Capital in collaboration with several leading financial institutions and high-profile private investors. PastPay’s mission is to provide innovative B2B payment solutions, enabling flexible payment terms for business transactions.
YUP, the "Nubank" from Southeast Asia, Secured US$30 Million in Series B Funding
- 3 months 3 weeks ago
- Fundraising News
YUP, the credit payment platform established by Singaporean startup Finture, has successfully raised US$30 million in its Series B funding round. The round was led by Hong Kong-based venture capital firm MindWorks Capital, with participation from XVC, SWC Global, Richen Pioneer, and Antao Capital. The funds will support market expansion in Southeast Asia and preparation for acquiring a banking license in Indonesia.
payabl. Launches Payment Accounts to Streamline Financial Operations for Businesses
- 3 months 3 weeks ago
- Payments
payabl., a leading European financial services provider, today announced the launch of its
PayPal Partners with Shopify to Power a Portion of Shopify Payments in the U.S.
- 3 months 3 weeks ago
- Payments
PayPal Holdings Inc. today announced an expansion of its global strategic partnership with Shopify Inc. in the U.S. PayPal will become an additional online credit and debit card processor for Shopify Payments through PayPal Complete Payments, a solution for marketplaces and platforms comprised of flexible and powerful developer tools.
TrueLayer Expands Partnership with Stripe to Power New Pay by Bank Feature in the UK
- 3 months 3 weeks ago
- Payments
TrueLayer, Europe’s leading open banking payments network, today announces an expansion to its partnership with Stripe.
1 in 5 Canadian Businesses Experienced Payment Fraud in the Past 6 Months - Despite 63% Feeling Confident in Protecting Their Business Against Scams
- 3 months 3 weeks ago
- Payments
A new study from Payments Canada reveals that Canadian businesses have a higher rate of payment fraud compared to Canadian consumers at 20% versus 13%, respectively, although the types of fraud were similar for both segments. Impersonator fraud, originating from a phone call, message or email that appears to be from a trusted business source (25%), intercepted business e-Transfers (22%) and credit card fraud (20%) were the most common types of ...
Rapid Finance Integrates with Q2 Digital Banking Platform
- 3 months 3 weeks ago
- Digital banking
Rapid Finance, a leading small business financing platform specializing in providing customized solutions, today announced its integration with Q2’s Digital Banking Platform and its participation in the Q2 Partner Marketplace. Q2 Holdings, Inc. is a l
Adyen's Intelligent Payment Routing Achieves 26% Cost Savings and Improves Payment Performance on US Debit Transactions
- 3 months 3 weeks ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, today announced Intelligent Payment Routing for US debit payments, the only AI-based solution in the market that simultaneously optimizes and improves revenue and lowers costs. In a pilot of over 20 enterprise merchants — including eBay, 24 Hour Fitness, Microsoft, among others — Adyen achieved an average of 26% cost savings with a 0.22% uplift in authorization...
