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As part of the Eastern U.S. prepares to enjoy the total solar eclipse today, fintech enthusiasts can also eclipse the competition with the latest news and updates in the fintech world. Check back for real-time updates on how the fintech landscape evolves this week. Payments Business payments and financial platform Airwallex launches its Borderless Visa Read more…
This week Finovate Global looks at recent fintech news from Africa’s most populous nation: Nigeria. Nigerian blockchain network Zone secures investment Last week in Finovate Global we noted the news that Nigerian blockchain network Zone had raised $8.5 million in seed funding. This week we’re filling in some of the details of the investment – Read more…
This week’s edition of Finovate Global reviews the latest fintech headlines from Israel. We also introduce you to a quartet of new Finovate alums – all making their Finovate debuts at FinovateEurope last month – all headquartered in Israel. AU10TIX expands its Digital ID identity verification solution Israel-based identity verification and management specialist AU10TIX announced Read more…
We’re starting off the week with a major acquisition in the U.K. lending space, as well as fintech funding news in payments, wealth management, and financial education. Digital banking Missouri-based Central Bank leverages Personetics’ AI-driven engagement platform to enhance financial wellness. SaaS core modernization and transformation solution provider for banks Zafin unveils new tools – Read more…
The week begins with acquisition news in the digital banking space and confirmation that a major Canadian fintech may be going private. Fraud Prevention FIS announces release of card fraud management solution SecurLOCK in collaboration with Stratyfy. Equifax and commerce platform VTEX partner to enhance fraud prevention capabilities for merchants. Digital banking Alkami launches its Read more…
This week marks both the one-year anniversary of Silicon Valley Bank’s collapse and St. Patrick’s Day. Let’s see if this week’s news projects a luckier year for fintechs. Check back for real-time updates on how the fintech landscape evolves this week. Payments Ryft announces new digital payments partnership with American Express. Visa and Western Union Read more…
It’s a leap year, which means we have an extra day in the month of February. How will the financial services industry Use the extra 24 hours this year? Check back for real-time updates on how the fintech landscape evolves this week. Traditional banking Legacy Bank & Trust reports it has doubled its assets after Read more…
Singapore-based financial infrastructure platform Xalts announced this week it is buying Contour Network with an aim to enhance global trade finance. Financial terms of the deal were undisclosed. Contour Network was built in 2017 by a consortium of eight global banks to create an open trade finance network. Today, more than 22 banks and 100+ Read more…
Amid the panel discussions, fireside chats, and keynote speeches, FinovateEurope 2024 will also offer a half dozen special addresses on topics ranging from tokenization to customer onboarding to open finance. With less than two weeks to go before the lights go up on the Finovate stage – 27 February to 28 February – here’s a Read more…
After last year’s regulatory missteps in the crypto world froze activity in the decentralized finance space for months, the crypto winter is slowly beginning to thaw. In today’s move toward a crypto spring, Multi-Party Computation (MPC) digital wallet company Fordefi has raised $10 million in a Seed Extension round. When added to the $18 million Read more…
Blockchain and crypto solutions company Ripple announced its fourth acquisition today. The company bought Standard Custody & Trust Company for an undisclosed amount. Ripple said the move serves two purposes. First, it underscores the company’s “commitment to regulatory compliance,” and second, it will enable Ripple to strengthen its existing offerings and add new products to Read more…
A partnership between Finastra and digital transformation consultancy Tesselate will facilitate faster and easier trade finance digitization courtesy of a new end-to-end pre-packaged service. Launched today, Tegula Trade Finance as a Service empowers banks in the U.S. to automate manual processes and adapt to emerging events with a faster time to market and value. Banks Read more…