Fintech, Banking, News.
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EU adopts 13th sanctions package against Russia
On March 15, 2022, the European Union announced that it has adopted its 13th sanctions package against Russia in response to the ongoing conflict in Ukraine. The sanctions were imposed following Russia’s invasion of Ukraine and the subsequent humanitarian crisis in the region. The EU has taken a strong stance against Russia’s actions in Ukraine,…
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Monoova partners with Fastly
Enhanced Performance for Monoova’s Publishing Platform About Monoova Monoova is a leading publishing platform that helps content creators reach a wider audience. With robust technology and innovative solutions, Monoova empowers creators to showcase their work and connect with their audience like never before. About Fastly Fastly is a content delivery network (CDN) that helps websites…
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Revolut Ramp allows crypto purchase directly into MetaMask wallets
Welcome to Revolut Ramp! Revolut Ramp has announced a new feature that allows users to purchase cryptocurrencies directly into their MetaMask wallets. This integration streamlines the process of buying, storing, and managing digital assets for crypto enthusiasts. MetaMask is a popular Ethereum wallet browser extension that enables users to interact with decentralized applications (dApps) and…
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Prism Data launches CashScore FirstDetect
Prism Data, a leading provider of data analysis solutions, has announced the launch of CashScore FirstDetect, a cutting-edge tool designed to help businesses detect fraudulent cash transactions with greater accuracy and speed. The CashScore FirstDetect system leverages advanced machine learning algorithms and artificial intelligence technology to analyze vast amounts of data in real-time, identifying patterns…
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Flagright partners with Manigo
Flagright, a leading provider of flagging solutions for businesses, has announced a new partnership with Manigo, a global leader in digital payment solutions. This exciting collaboration will allow both companies to offer a comprehensive suite of services to help businesses manage their flagging and payment needs more efficiently. Enhanced Flagging Solutions Flagright’s flagging solutions are…
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Synctera raises USD 18.6 million in an extended Series A round
San Francisco-based banking-as-a-service platform, Synctera, has announced that it has raised $18.6 million in an extended Series A funding round. This brings the total amount raised in the Series A round to $33.6 million. The funding round was led by Lightspeed Venture Partners, with participation from existing investors like Citi Ventures, Diagram Ventures, and Trinity…
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Amex cardholder data exposed in merchant processor hack
Recently, American Express cardholders have been put at risk due to a security breach at a merchant processor. The breach has resulted in the exposure of sensitive cardholder data, potentially putting thousands of individuals at risk of identity theft and fraud. The breach was discovered when an unauthorized party gained access to the merchant processor’s…
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PayPal launches a new solution for SMEs in the UK
PayPal has announced the launch of a new solution designed specifically for Small and Medium-sized Enterprises (SMEs) in the UK. The solution aims to help SMEs streamline their payment processes and grow their businesses. Key Features of the New Solution Fast and Secure Payments: The new solution from PayPal ensures that SMEs can receive payments…
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IDVerse launches FraudHub
Welcome to IDVerse’s FraudHub! Exciting news for businesses looking to fight fraud – IDVerse has just launched its new FraudHub platform! With the rise of fraudulent activity online, it has never been more important for businesses to prioritize security and protect their customers’ sensitive data. What is FraudHub? FraudHub is a comprehensive fraud prevention solution…
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Viva.com launches Merchant Advance in Europe
Exciting news for European merchants! Viva.com, a leading financial technology company, has just announced the launch of its Merchant Advance program in Europe. This innovative program is designed to provide merchants with quick and easy access to working capital, helping them to grow and expand their businesses. Merchant Advance offers a flexible and convenient funding…
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G2 Risk Solutions partners with Mastercard
Exciting news in the world of financial security and risk management! G2 Risk Solutions has announced a new partnership with global payment technology company Mastercard. This partnership will bring together G2’s expertise in risk management with Mastercard’s advanced payment solutions, creating a powerful combination to help businesses mitigate risks and combat fraud. What this partnership…
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SurePay launches new functionality on UK CoP
SurePay, a leading provider of payment solutions, has announced the launch of new functionality on the UK Confirmation of Payee (CoP) service. This new functionality aims to enhance security and efficiency in the payment process for SurePay’s customers. The CoP service is a tool that helps prevent fraudulent payments by confirming the name of the…
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Monzo’s new funding round rises valuation to USD 5 bln
Monzo, the popular digital bank based in the UK, has just closed a new funding round that has raised its valuation to an impressive USD 5 billion. This latest round of funding was led by some of the biggest names in venture capital, including General Atlantic, Accel, and GV. This brings the total amount…
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Avenue Bank receives full APRA licence
Exciting news for Avenue Bank as they recently announced that they have been granted a full licence by the Australian Prudential Regulation Authority (APRA). This is a major milestone for the bank and signifies their commitment to providing top-quality banking services to their customers. What does this mean for Avenue Bank? With the full APRA…
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$1.95B Apple fine is eye-catching, but EU faces tough road collecting
In a significant move, the European Union has fined tech giant Apple a record-breaking $1.95 billion for anti-competitive practices. While this fine is eye-catching, the EU now faces a tough road ahead when it comes to collecting the money. The fine was imposed by the European Commission after it found that Apple had violated antitrust…
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CFPB imposes $8 credit card late fee rate
CFPB Imposes $8 Credit Card Late Fee Rate The Consumer Financial Protection Bureau (CFPB) has announced a new rule that will limit the amount credit card companies can charge for late fees. Under the new regulation, credit card companies will not be allowed to charge more than $8 for a late fee. This move comes…
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J.P. Morgan becomes principal member of Cartes Bancaires CB
J.P. Morgan has announced that it has become a principal member of Cartes Bancaires CB, the French interbank network for payment cards. This move solidifies J.P. Morgan’s presence in the European payments landscape and opens up new opportunities for the company in the French market. Cartes Bancaires CB is one of the largest payment networks…
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RBI to launch interoperable payment system for internet banking
The Reserve Bank of India (RBI) has announced plans to launch an interoperable payment system for internet banking, aimed at enhancing the digital payment infrastructure in the country. The move is part of RBI’s efforts to promote a more efficient, secure, and inclusive payment ecosystem. The new payment system will allow customers to make online…
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Galileo expands Bancorp partnership to offer real-time payments
Galileo, a leading provider of API-based payment processing and banking services, has announced an expansion of its partnership with Bancorp to offer real-time payments to their customers. Through this partnership, Galileo will leverage Bancorp’s expertise in real-time payment processing to provide their clients with faster, more efficient payment solutions. Real-time payments are becoming increasingly popular…
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Lloyds Banking Group joins the Open Property Data Association
In an effort to promote greater transparency and collaboration in the property data industry, Lloyds Banking Group has officially joined the Open Property Data Association. The move represents a significant step towards improving data sharing and standardization across the property sector. The Open Property Data Association is a non-profit organization dedicated to advancing the use…
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