The wealthtech sector in the Asia-Pacific region is projected to exceed $2 trillion by 2027, fueled by technological advancements, as highlighted in a recent McKinsey...
Australian consumer lender Latitude Financial has reported a significant data breach, with 14 million customer records—including driver’s licenses, passports, and financial statements—stolen in a cyber...
Qomodo, an Italian startup that assists physical merchants in providing BNPL (buy now, pay later) payment options to customers, has successfully raised €13.5 million in...
Fierce, a "feel-good" finance app founded by former NYSE CIO Rob Cornish, has officially launched after emerging from stealth mode, securing $10 million in seed...
Commonwealth Bank of Australia is collaborating with local telecommunications provider Telstra on a venture aimed at combating scams that could potentially save customers up to...
Card issuance and program management platform Highnote is entering the US merchant acquiring space after securing $90 million in Series B funding. The funding round...
Kyiv-based Fuelfinance has successfully raised $1 million in seed funding, attracting notable investors like Markus Villig, CEO and founder of Bolt, and John S. Kim,...
The Australian Securities Exchange (ASX) is set to engage a third party to modernize its outdated clearing and settlement system. The exchange plans to adopt...
The Bank for International Settlements has inaugurated its European Hub in Paris and Frankfurt, focusing on decentralized finance, wholesale CBDCs, cybersecurity, and green finance. The...