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Enfuce and Síminn Pay Launch Commercial Cards with Carbon Footprint Tracker

Issuer processing powerhouse Enfuce today announces a groundbreaking partnership with Síminn Pay, the fintech arm of Síminn, the largest telecom service provider in Iceland. Enfuce is launching a new, virtual commercial card programme for Síminn Pay, equipped with a CO2 calculator by climate action platform Deedster, to help its commercial clients reduce their carbon footprints….

FinTech · JUN 6, 2024 · 4 min read

Cogo urges banks to join the climate race

The rate of climate change since the mid-20th century is unprecedented, with the decade between 2011-2020 being the hottest on record. As many of the world’s largest banks meet at Money2020 in Europe this week, questions arise about whether banks are responding with the necessary urgency. Considering 30-50% of corporate profits are at risk from…

FinTech · JUN 5, 2024 · 2 min read

Curve to Launch New Payment Service, Promising Major Savings for Banks

Banks and financial institutions currently face high fees for transactions processed through Apple Pay. However, London-based FinTech company Curve is set to launch a new payment service that promises to save banks millions by offering a direct alternative to Apple Wallet. Curve’s upcoming service will allow iPhone users to make contactless payments by double-clicking the…

FinTech · JUN 5, 2024 · 2 min read

bunq Partners with Mastercard to Leverage AI in Open Banking

bunq, Europe’s second-largest neobank, has teamed up with Mastercard to offer its 12.5 million users a complete financial overview. By using Mastercard’s Open Banking platform, users can integrate accounts from any bank into the bunq app. This partnership makes bunq the first bank in Europe to utilize AI in open banking. With AI assistant Finn,…

Artificial Intelligence · JUN 5, 2024 · 1 min read

Boku Connects 16.3M Polish BLIK Users to Google with New Payment Partnership

Boku Inc. (LON: BOKU), the global network for localized payment solutions, is pleased to announce that it now supports BLIK, the instant payment system in Poland, as a payment method for Google Play Store. With this launch, BLIK’s 16.3 million active users will be able to use their preferred payment method when making purchases from the…

FinTech · JUN 5, 2024 · 3 min read

SiFi Closes $10M Seed Round to Transform Spend Management in Saudi Arabia

Simplified Financial Solutions Company (SiFi) is pleased to announce the successful closure of its $10 million seed funding round. The round was led by Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), and RAED Ventures. Additional participation came from notable investors including anb seed, Rua Ventures, Byld, and KBW Ventures, along…

Venture & Investment · JUN 3, 2024 · 2 min read

G+D Launches Convego Service Market

Giesecke+Devrient (G+D), a global SecurityTech company, has launched Convego Service Market, a modern payment card issuance platform. This unified platform consolidates G+D’s Convego services, simplifying access and operation for banks and financial service providers. It seamlessly integrates physical and digital offerings to enhance the customer experience. Once onboarded, issuers can access all relevant apps or…

FinTech · JUN 3, 2024 · 2 min read

FinTech Industry Unites Behind Project Nemo

Today, Project Nemo announces that support from across the FinTech industry is enabling the disability inclusion initiative to exhibit at Money20/20, to bring more awareness of the need to better serve the UK’s largest minority. Project Nemo is a grass roots initiative led by Joanne Dewar, industry champion and former FinTech CEO. The project, which works with…

FinTech · MAY 31, 2024 · 3 min read

FintechOS Secures $60 Million in Series B+ Funding Extension

FintechOS, a European startup known for its low-code platform that enables financial institutions to swiftly and seamlessly transition to digital, has raised $60 million in a Series B+ funding round extension. This funding round, led by Molten Ventures, follows a period of significant growth for FintechOS, which has reported a 40% year-over-year increase in revenue…

Venture & Investment · MAY 31, 2024 · 1 min read

Sift Unveils RiskWatch to Streamline Fraud Decisioning and Accelerate Business Growth

Sift, the AI-powered fraud platform securing digital trust for leading global businesses, today introduced RiskWatch, a patent-pending innovation that simplifies risk decisioning for digital companies. RiskWatch automatically maintains block, friction, and manual review rates to a target percentage of the riskiest users while dynamically adjusting to changes in fraud activity, seasonality, and market expansion. Fraud…

FinTech · MAY 30, 2024 · 3 min read

Mangopay launches new AI-driven Fraud Prevention solution for platforms

Mangopay, a modular and flexible payment infrastructure provider for platforms, today announces the launch of its new Fraud Prevention solution. Mangopay’s Fraud Prevention solution provides a fully integrated and payment processor-agnostic AI-driven cybersecurity solution to guard against an evolving range of threats, including account takeover by both bots and humans, reseller fraud, payment fraud, chargebacks, and…

Artificial Intelligence · MAY 30, 2024 · 4 min read

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