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IDology, a GBG Company, today announced new data highlighting the growing problem of fraud fueled by generative artificial intelligence (Gen AI), putting pressure on fintechs seeking a way to protect against fraud without compromising the customer experience. Gen AI has given criminals a path to work faster, scale attacks, and create more believable phishing scams and synthetic identities. Fraud is taking…
Elavon, a wholly-owned subsidiary of U.S. Bank and one of the largest global payment processors, announces the launch of its unified cloud-based Elavon Payment Gateway, enhancing payment experiences for both merchants and consumers. The Elavon Payment Gateway is a single omni-commerce gateway solution, leveraging the latest cloud technologies and serving customers globally. Designed to simplify…
Entrust, a global leader in delivering identity-centric security solutions, announced that The Huntington National Bank has selected the Entrust Digital Card Solution to enable digital wallet capabilities, with instant provisioning to third-party digital wallets from its mobile banking app. Huntington Bank cardholders can now enroll most of their consumer debit and credit cards from the Huntington mobile…
Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today introduced two new products – UX Toolkit and Portfolio Migrations – to its card program management tools. Marqeta’s program management capabilities combine the power of its technology with its breadth of expertise around card implementation, helping to…
Moneybox, the British savings and investment app, has secured a £70 million investment, significantly boosting its valuation to £550 million. The raise includes new investors such as Apis Global Growth Fund III and Amundi, alongside existing backers like Fidelity International Strategic Ventures, Oxford Capital, Breega, Burda, and CNP. This investment was primarily facilitated through a…
Tribe Payments, the pioneering digital payments and infrastructure orchestrator that specialises in issuer and acquirer processing, announces the opening of its Singapore office. The move comes as part of Tribe’s strategic expansion into the Asia-Pacific (APAC) region, signalling its ongoing commitment to delivering world-class digital payment solutions across global markets. To lead its efforts in…
Research on Peak Season shopping – Black Friday and Cyber Monday (BFCM) – in the UK released by leading digital payments company Checkout.com reveals this year’s upcoming trends. This data comes from a broader study analysing consumer trends driving the Digital Economy: Peak Season Trends 2024. Bargain-hunting Brits are planning to expand beyond clothing, beauty and…
Thredd, a leading next-generation global payments processor, today released “Launching in America. A guide to issuing via BIN sponsorship.” a complimentary report for programme managers and fintechs considering expansion into the American payments market. Filled with important facts and expert insights into the challenges and requirements faced by foreign entities, the guide is a must-have for global…
PXP Financial, the experts in global acquiring, payment, fraud and data analysis services, announces its partnership with Phos by Ingenico, the global leader in software point-of-sale (SoftPoS) orchestration for businesses. The two companies introduce an innovative SoftPoS solution which enables merchants to accept contactless payments directly on Android devices, thus eliminating the need for additional agnostic hardware. With the rise…
Global analytics software leader FICO has announced a strategic partnership with Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, to bring advanced optimization and decision management solutions to businesses in a range of industries worldwide. TCS will use FICO®Platform, a low-code/no-code solution for analytics-powered decision automation and mathematical optimization, to create…
Q2 Holdings Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for the financial services industry, has announced an expanded strategic partnership with Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN). This collaboration aims to further drive innovation for Q2’s bank, credit union, and fintech clients. As part of this…
Kotapay, a division of First International Bank & Trust (FIBT), has launched Kavinu, a direct-to-bank banking-as-a-service (BaaS) platform. Kavinu eliminates the instability often found in middleware-reliant BaaS models by connecting financial innovators directly with an experienced bank partner, already proficient in electronic payments at scale. “Kavinu allows us to enhance the partner model with proprietary…
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