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AstroPay Secures Brazil License for Multicurrency Wallet

AstroPay, a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted Payment Institution (PI) license issued by the Central Bank of Brazil. This license is from the Central Bank of Brazil, underscoring AstroPay’s commitment to delivering secure, compliant, and user-friendly cross-border payment solutions. AstroPay…

FinTech · 31 يناير 2025 · مدة القراءة: 2 د

Taxpayers have paid over £12 billion to HMRC via Pay by Bank

There has been a substantial rise in the number of people using a simpler way to pay their tax bill ahead of the self-assessment deadline on 31st January. Taxpayers are increasingly using Pay by Bank technology to send money to His Majesty’s Revenue and Customs (HMRC). Pay by Bank uses financial technology to allow you to make secure…

FinTech · 31 يناير 2025 · مدة القراءة: 3 د

Lendo secures $690M facility from J.P. Morgan to boost SME funding in Saudi Arabia

Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a USD 690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia’s fintech sector and the vast opportunity in SME financing in the economy. The facility is expected to contribute to…

Venture & Investment · 31 يناير 2025 · مدة القراءة: 2 د

Uzbekistan’s TBC Mobile Bank secures $37M to expand AI and insurance offerings

Uzbekistan’s mobile-exclusive bank, TBC Bank Uzbekistan, has raised $37 million in a new funding round to bolster its dominating digital presence in the Central Asian nation by developing new AI and tech products and attracting more tech-savvy customers. The fresh investment, made by the bank’s London-based parent TBC Group, comes just five months after it raised $38.5…

FinTech · 30 يناير 2025 · مدة القراءة: 4 د

Trump Media reveals plans to expand into financial services

Trump Media and Technology Group Corp., operator of the social media platform Truth Social and the video streaming platform Truth+, is announcing today that the company’s board of directors has approved a financial services and financial technology strategy, which will include the launch of the financial services and FinTech brand Truth.Fi. To diversify the Company’s…

FinTech · 30 يناير 2025 · مدة القراءة: 2 د

REPAY and Worth partner to simplify KYB and underwriting

REPAY , a leading provider of vertically-integrated payment solutions, today announced a strategic integration with Worth, the all-in-one fintech platform for underwriting and onboarding workflow automation. REPAY’s integration with the Worth platform will enable faster merchant onboarding and high-volume AP vendor enrollments, leveraging Worth’s 1,100-plus data points for precise, transparent and timely decisioning of underwriting and…

FinTech · 30 يناير 2025 · مدة القراءة: 1 د

Geopolitical instability is driving cybercrime to become the leading risk for banks and insurers, according to ORX

Geopolitical uncertainty is the biggest driver of emerging threats for banks and insurers according to the 2025 ORX Horizon and Cyber Horizon reports, based on input from 47 leading global financial services firms. The benchmark studies ranked cybercrime in the top spot for the 4th consecutive year, ahead of other risk categories by a significant margin. Published…

FinTech · 30 يناير 2025 · مدة القراءة: 3 د

Yapı Kredi reduces fraud by 98% in seven years with FICO AI technology

Turkiye’s Yapı Kredi (YKB) has harnessed the power of FICO’s advanced fraud detection technologies including FICO® Falcon® Fraud Manager to achieve a remarkable 98.7% reduction in fraud losses over seven years. Despite doubling its banking transaction volumes, YKB has maintained one of Turkiye’s lowest fraud ratios among top banks. This success stems from integrating custom…

FinTech · 30 يناير 2025 · مدة القراءة: 3 د

GetYourGuide teams up with Checkout.com to enhance payment experiences for today’s travelers

Checkout.com, a leading global digital payments company, today announces its partnership with GetYourGuide, the online travel experience platform. This partnership underscores Checkout.com’s commitment to helping digital-first businesses to thrive. GetYourGuide is renowned for connecting travelers with local providers to book tours, attractions, and activities, listing over 150,000 experiences worldwide on their digital platform. Beyond serving…

FinTech · 30 يناير 2025 · مدة القراءة: 3 د

Lloyds Banking Group bolsters AI capabilities by appointing Head of Responsible AI

Lloyds Banking Group has appointed Magdalena Lis as Head of Responsible Artificial Intelligence (AI), starting on Monday 3 February 2025. This follows the earlier appointment of Dr Rohit Dhawan as Director of AI and Advanced Analytics in August 2024, as the Group continues to bolster its AI capabilities and add to its growing team of industry-recognised experts….

FinTech · 30 يناير 2025 · مدة القراءة: 2 د

Sumsub joins the Payments Association EU to combat ID fraud in digital transactions

Today, Sumsub announces its membership into the Payments Association EU, an industry group of stakeholders in the payments sector that fosters commercial connections between businesses and advocates for better policies. It joins a prestigious group of members, including Mastercard, Visa, and Paypal and major retailers such as eBay and Amazon. As a patron-level member of the organisation, Sumsub will have the opportunity to…

FinTech · 29 يناير 2025 · مدة القراءة: 2 د

NayaOne partners with the WEF to launch a TradeTech regulatory sandbox

NayaOne is proud to power the World Economic Forum’s TradeTech Regulatory Sandbox, delivered in collaboration with the UAE Ministry of Economy (MoE) and the Abu Dhabi Department of Economic Development (ADDED). This groundbreaking initiative is set to revolutionise global trade by leveraging cutting-edge technologies, streamlining trade processes, and fostering a more efficient, inclusive, and equitable…

FinTech · 29 يناير 2025 · مدة القراءة: 1 د

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