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UK-based payments technology company Zilch has extended its partnership with Amazon Web Services (AWS) to support the launch of AI capabilities across its proposition.
partnership, artificial intelligence, machine learning, fraud detection, customer experience, payments
IDEMIA Secure Transactions has unveiled a crypto-agility solution aimed at assisting service providers in protecting their products.
product launch, cybersecurity, cryptocurrency, quantum threat
Reuters reports that the European Central Bank (ECB) has decided to instruct Italy-based UniCredit to scale down its business activities with Russia.
compliance, regulation, financial sanctions, financial services
German federal bank Landesbank Baden-Württemberg (LBBW) has set to offer crypto custody services through a partnership with Austria-based exchange platform Bitpanda.
cryptocurrency, Bitcoin, Ethereum, digital assets, cryptocurrency exchange
J.P. Morgan Chase has announced the launch of a new unit entitled Chase Media Solutions, in order to allow advertisers to target customers based on spending data.
product launch, payments , adverse media, banks, online banking, mobile banking, digital banking, financial services, financial institutions
UnaCash, a service provided by UnaFinancial in the Philippines, has introduced Instalment Loans.
instalment payments, fintech, credit access, digital banking
SC Ventures, the fintech investment arm of Standard Chartered, has partnered with NEXT176, the venture building arm of Old Mutual, to launch an inclusive financial wellness platform.
financial inclusion, wealth management, digital banking, partnership
Shaul David, Embedded Finance Advisor: Despite regulatory challenges, the BaaS excitement remains strong, but the lack of cross-jurisdictional platforms hinders global Embedded Finance adoption.
BaaS, banking-as-a-service, embedded finance, fintech, banks, payments
Google has agreed to delete billions of private browsing records in a lawsuit which claimed that the tech giant tracked the activity of people using Chrome’s incognito mode.
data privacy, data analytics, settlement, online security
Italy-based Azimut has set out plans to spin off part of its network of financial advisors, merge it into an independent digital bank, and look for outside investors.
investment, partnership, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
France-based IDEMIA has entered into a partnership with Qualcomm Technologies to support secure offline CBDC payment adoption.
CBDC, cryptocurrency, cybersecurity, partnership
The Paypers took a close look at some of the most important M&As from Q4 2023, with a focus on trends in the banking, fintech, payments, fraud prevention and crypto sectors to identify key elements that drive companies to acquire others.
acquisition, merger, The Paypers Quarterly Analysis series, banking, payments , ecommerce, cryptocurrency, financial services
Amanda Gourbault from CompoSecure discusses the impact of consumers' growing preference for products that reflect their values and lifestyles, and their strong demand for personalised experiences in the payments industry.
mobile payments, fintech, banking, customer experience, debit card, online authentication
In 2024, banks, as discussed by Kieran Hines from Celent, prioritise agility via automation, Open Banking, and Generative AI experimentation for navigating challenges and fostering innovation.
retail banking, fintech, machine learning, Open Banking, BaaS, embedded finance
Eurojust has aided a multinational investigation on EUR 2 billion money laundering scheme, implicating 3 main suspects across Italy, Latvia, and Lithuania.
AML, fraud detection, fraud prevention, payment fraud, fraud rings
The Financial Intelligence Unit (FIU) from India has announced that it imposed a monetary penalty of approximately USD 662,565 on Paytm Payments Bank.
regulation, AML, money laundering, banking, digital banking
SC Ventures has launched SOLV Ghana, a B2B online marketplace that offers MSMEs, short-term invoicing financing, BNPL services, and business loans.
product launch, BNPL, SMEs, financing , marketplace
Sean Crowe, MD of the Payments Division at Fexco and Group Chief Commercial Officer, talks about digitalisation in the retail and hospitality sectors, and how Fexco’s Dynamic Currency Conversion can benefit these industries and digitally savvy customers.
payments , ecommerce, retail, DCC, paytech, PSP, digitalisation, fintech, digital payments, merchants, ATM
Following struggles to comply with local regulations, Binance is facing bans in The Philippines. Nigeria is also on the offensive against Binance and similar crypto firms.
cryptocurrency, cryptocurrency exchange, digital assets, regulation, compliance
Spiralem's Bruno Diniz explores the evolution of Open Finance in Latin America, its impact, and future prospects.
Open Banking, Open Finance, report