NatWest Unveils the Fastest-Rising Scams of 2024
A recent study by NatWest has revealed the fastest growing scams of 2024, showing that 42% of British adults have fallen victim to a scam...
Brighty Secures $10 Million in Funding for Crypto Payment Solutions
Brighty, a Swiss digital finance platform focused on crypto card payments, has raised $10 million in funding from Futurecraft Ventures to enhance its presence in...
Santander Partners with CloudPay to Provide SMEs with Earned Wage Access for Employees
Payroll firm CloudPay has partnered with Banco Santander to provide employees of the bank's SME and corporate clients in Spain with real-time access to their...
Ex-Revolut Team Launches Blockchain-Based Banking Venture
Two former employees of Revolut have successfully secured $2.3 million in pre-Seed funding to develop Bleap, a self-custodial stablecoin app featuring an integrated debit card....
Wise Initiates European Remediation Plan to Address AML Controls
Money transfer giant Wise has been instructed by European regulators to implement a formal remediation plan addressing deficiencies in its anti-money laundering (AML) controls, as...
Are Innovations in Cross-Border Payments Facilitating APP Fraud?
The Payments Association has issued a warning highlighting that international criminals are taking advantage of advancements in cross-border payments to conceal funds and avoid detection...
Google Cloud Partners with Swift to Combat Fraud
Bank-to-bank payment network Swift is collaborating with Google Cloud to create advanced anti-fraud technologies that leverage AI and federated learning across multiple jurisdictions. In the...
“All Companies Will Transform into Climate-conscious Enterprises” – Lune, Winner of EBAday 2024 Fintech Zone
Earlier this year, it was announced that Lune, a climate-positive company offering API and software tools, won the FinTech Zone award at EBAday 2024. This...
MEP Amendments to PSR APP Fraud Liability Framework ‘Hinder Effective Fraud Prevention’
Copenhagen Economics and the Computer & Communications Industry Association (CCIA Europe) have highlighted significant flaws in the European Parliament's far-reaching extension of liability beyond payment...
Tembo, the savings and mortgage platform, secures £14 million in funding
London-based digital savings and mortgage platform Tembo has successfully raised £14 million in a Series B funding round led by Goodwater Capital. Existing investors, including...