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Digital identity experts, Lucy Yang & Kaliya Young explain the journey and value of the Modular Open Source Identity Platform (MOSIP) in providing governments with ‘open’ tools to build foundational ID systems.
digital identity, digital wallet, EIDAS, verifiable credentials, data protection, decentralized identity
Coverdash has announced USD 13.5 million in Series A funding, bringing the company’s total funding to USD 16 million to date.
insurance, insurtech, funding, investment, SMEs
Stuart Neal, the new CEO of Boku, talks about the future of payments and explains how the rise of local payment methods is giving consumers more ways to pay.
cross-border payments, ecommerce, local payment method, merchants, payment methods, online payments, transactions , customer experience, growth markets, real-time payments
PayPal Ventures, PayPal’s venture capital arm, has announced its investment in Embedded Finance solution for digital asset transfers Mesh.
stablecoin, cryptocurrency, crypto asset, digital assets, investment, funding, embedded finance
We interviewed Boku’s new CEO, Stuart Neal, to discuss the current payments landscape and learn what are his top three industry predictions for 2024.
online payments, digital wallet, account-to-account payment, direct carrier billing, merchants, mobile payments, payment methods, UPI, PIX, QR code, local payment method, real-time payments
As ecommerce continues showing a substantial increase, identity theft become more recurrent too. Steve Pannifer, CEO at Consult Hyperion, tackles the hot topic of identity fraud and militates for the use of digital IDs to prevent it.
fraud detection, online fraud, fraud management, identity fraud, fraud prevention, identity theft, identity verification, digital identity, regulation, PSP, APP fraud, authorisation rate, synthetic identity
Argentina-based payments infrastructure company Pomelo has announced that it raised USD 40 million in a Series B funding round.
prepaid card, payment processing, credit card, SaaS, funding
France-based fintech startup Fundbot has raised USD 1.5 million in seed funding to significantly expand in the MENA region.
funding, investment, embedded finance, supply chain finance, expansion
Saudi Arabia-based fintech Nearpay has bagged USD 14 million in Series A funding led by Sanabil Investments.
funding, investment, SoftPOS, expansion, payments infrastructure
Iceland-based Meniga, a personal finance management solutions company, has raised EUR 15 million in Series D funding.
investment, funding, partnership, financial services, payments
Israel-based verification and validation company Foretellix has raised USD 85 million in a Series C funding round.
funding, investment, fintech, partnership
The Saudi Central Bank (SAMA) has allowed fintech Jeel Pay to provide Buy Now, Pay Later solutions in the West Asian country.
BNPL, regulation, central bank, fintech, payment methods
Eddie Lau, Co-CEO of Arta TechFin, reveals its solution for cash management for low balance retail investors in the HKMA’s e-HKD Pilot Programme.
DLT, tokenization, CBDC, stablecoin, settlement
Finland-based card issuing and processing company Enfuce has secured an EUR 8.5 million investment round led by Vitruvian Partners, with participation from Visa and Maki.vc.
investment, funding, embedded finance, growth markets, expansion
UK-based fraud prevention company Keyless has departed from Sift and has secured funds to accelerate adoption of its biometric authentication solutions beyond Europe.
biometric authentication, funding, identity verification, data privacy, expansion
'Sticks in a bundle can't be broken, but sticks taken singly can be easily broken.'
regtech, identity verification, identity fraud, AML, KYC, banks, fintech, digital wallet, AI, APP fraud
Germany-based insuretech Wefox has been backed by UniCredit and Deutsche Bank with USD 55 million in funding.
insurance, debt facility, artificial intelligence, POS
David True, Commercial Director for New York at Payments Consulting Network, delves into the subject of innovation in payments by discussing the use cases for biometric payments.
payment methods, ecommerce, biometrics, online payments, ATM, cross-border payments, cryptocurrency, financial inclusion, P2P payments, cashless
Hybrid financial platform Arta TechFin has partnered with Chainlink Labs to leverage the latter’s services and deliver fiat-based investment returns to its clients.
partnership, product launch, cryptocurrency, crypto asset, blockchain, AML, KYC, DLT
Germany-based startup Kodex AI has announced it raised EUR 1.6 million in a funding round led by Signals VC to empower financial professionals with its AI solution.
Deutsche Bank, partnership, funding, startup, fintech, artificial intelligence, financial data, data analytics, data aggregation