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Sift’s Digital Trust Index Indicates AI-Driven Fraud Affects Two-Thirds of Businesses Regularly

Sift, the AI-powered fraud platform securing digital trust for leading global businesses, today released its Q2 2024 Digital Trust Index, which found that 76% of fraud and risk professionals believe their business has been targeted by AI fraud, with over half reporting this type of fraud happening daily or weekly. The emergence and increased adoption…

Artificial Intelligence · JUN 26, 2024 · 3 min read

Qonto Chooses Wise for International Payments

Qonto, the leading European business finance solution for SMEs and freelancers, announces today two new features which reinforce its commitment to offer the best business banking solution to its 500,000 customers. The first is a new strategic partnership with Wise Platform, Wise’s market-leading global infrastructure for banks and enterprises, to further enhance Qonto’s cross-border payment…

FinTech · JUN 26, 2024 · 3 min read

Xcelerate Solutions and Socure Provide GSA NextGen Login.gov Identity Proofing Services

Xcelerate Solutions (Xcelerate) and Socure are excited to announce that their team has been selected as one of eight vendors by the General Services Administration (GSA) for the NextGen Login.gov Identity Proofing Blanket Purchase Agreement (BPA). GSA’s NextGen Login.gov initiative aims to modernize how Americans access public services online, by implementing a robust, user-friendly, and…

FinTech · JUN 26, 2024 · 3 min read

SmartStream’s Advanced Payment Control now supports multiple payment rails with enhanced exceptions management

SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces a significant upgrade to its Advanced Payment Control (APC) solution. This update further streamlines and optimises payment investigations by accommodating any number of disparate payment rails to improve resolution times and reduce costs in the era of instant payments. Banks face major challenges in maintaining…

FinTech · JUN 26, 2024 · 2 min read

Nuvei Corporation Expands into UAE with Retail Services License Approval

Nuvei Corporation, the Canadian fintech company, has secured an in-principle approval for a Retail Services Category II License from the Central Bank of the UAE, representing an important strategic expansion into the United Arab Emirates (UAE) and fortifying its global presence and commitment to the Middle East and North Africa (MENA) region. The UAE is…

FinTech · JUN 25, 2024 · 2 min read

GoCardless collaborates with Celigo to expand global reach

Bank payment company GoCardless has announced a partnership with integration and automation platform Celigo to accelerate its growth through indirect channels. Leveraging Celigo’s integration platform (iPaaS) will enable GoCardless to build integrations between its payment platform and the back-end systems commonly used by businesses today. This will open up new opportunities to acquire customers in all of its markets,…

FinTech · JUN 25, 2024 · 2 min read

Finofo launches New Website and brand new logo

Finofo, a leader in innovative financial solutions, is proud to announce the launch of its redesigned website and updated logo. The new website features a user-friendly design aimed at providing enhanced accessibility and a seamless browsing experience. The refreshed logo symbolizes Finofo’s commitment to modernity and excellence in financial services. Finofo is dedicated to empowering…

FinTech · JUN 25, 2024 · 1 min read

Computop Brings Wero to Merchants

Computop, a leading payment service provider, will integrate Wero, the new European payment solution developed by the European Payment Initiative (EPI), into its Paygate platform in Q4 2024. Wero, based on real-time SEPA Instant Payments, will be available for e-commerce transactions starting mid-2025. Initially, P2P payments will be available in 2024, with online retailers able…

FinTech · JUN 25, 2024 · 2 min read

Connect Money secures $8M to help non-bank businesses offer embedded finance services

As BaaS becomes more widespread, Egyptian fintech Connect Money is capitalizing on this trend to explore new opportunities in African markets. The startup helps trade companies issue white-label debit and credit cards, providing access to various financial services, including payments and credit. Founded early this year, Connect Money is planning to expand within and beyond…

Venture & Investment · JUN 25, 2024 · 2 min read

Ecommpay Partners BigCommerce to Empower Payments for UK and EMEA Merchants

Ecommpay, the end-to-end payments platform for e-commerce, has added BigCommerce to its list of integrations with popular CMS and e-commerce platforms, offering an advanced payment ecosystem built for optimum conversion and growth. BigCommerce is a leading open SaaS, composable e-commerce platform powering tens of thousands of stores in over 150 countries around the world. Ecommpay…

FinTech · JUN 25, 2024 · 2 min read

TerraPay and Thredd partner to create advanced payment solutions for global travel providers

TerraPay, a global leader in money movement, has chosen Thredd, a next-generation global payments platform, to power virtual card payments for global suppliers. This strategic partnership aims to develop payment solutions within the travel industry, offering seamless, secure, and compliant virtual card services to intermediaries as part of TerraPay’s cross-border money movement network. Through this…

FinTech · JUN 24, 2024 · 2 min read

Samsung Next backs Curve’s innovative payment features, driving digital wallet adoption

Curve, the leading digital wallet, today announced a strategic investment by Samsung Next. This new investment takes Curve’s total raised funds to over $250 million and will be used to further enhance its products and offerings to financial consumers. With digital wallets expected to comprise half of all e-commerce spending in the UK, worth an estimated…

FinTech · JUN 24, 2024 · 2 min read

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