Blogs

Dec 30, 2024 • FinTech News

TymeBank and Moniepoint Achieve Unicorn Status, Redefining African Fintech

South Africa’s TymeBank and Nigeria’s Moniepoint recently secured funding rounds valuing each at over $1 billion, marking them as unicorns…

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Dec 30, 2024 • FinTech News

Mastercard Completes Acquisition of Recorded Future to Elevate Cybersecurity

Mastercard has finalized the acquisition of Recorded Future, a leader in AI-driven threat intelligence. This move underscores Mastercard’s commitment to…

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Dec 27, 2024 • FinTech News

Pulse360 and Holistiplan Launch Dynamic SmartFields to Transform Wealth Management

Dynamic SmartFields introduces groundbreaking efficiencies in client data management for financial advisors. The inaugural integration with Holistiplan allows seamless data…

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Dec 24, 2024 • FinTech News

EPC Issues RFP for API Test Toolbox to Enhance Payee Verification Scheme

The European Payments Council (EPC) has issued a Request for Proposal (RFP) for developing an API Test Toolbox to support…

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Dec 24, 2024 • FinTech News

Fiserv Enhances Embedded Finance Offering with Payfare Acquisition

Fiserv has announced its acquisition of Payfare, a workforce payments provider catering to gig economy companies. This move further strengthens…

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Dec 23, 2024 • FinTech News

Visa Finalizes Featurespace Acquisition to Strengthen AI Fraud Prevention

Visa has officially completed its acquisition of Featurespace, a renowned developer of real-time AI-driven payment protection technology. This strategic merger…

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Dec 23, 2024 • FinTech News

North Korea Hackers Behind $1.3 Billion Crypto Theft in 2024

Hackers linked to North Korea were responsible for 60% of all cryptocurrency stolen globally in 2024, totaling $1.3 billion out…

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Dec 21, 2024 • FinTech News

Fear of Fraud in Instant Payments Shouldn’t Hinder Progress: US Faster Payments Council

As instant payments continue gaining momentum globally, concerns over fraud present a critical challenge. However, Reed Luhtanen, executive director of…

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Dec 21, 2024 • FinTech News

CFPB Files Lawsuit Against Major Banks Over Zelle Fraud

The Consumer Financial Protection Bureau (CFPB) has launched a lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo, accusing…

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Dec 20, 2024 • FinTech News

PalmPay and Jumia Join Forces to Advance Nigeria’s Digital Payment Ecosystem

In a significant move to foster Nigeria’s cashless economy, PalmPay, the operator of Nigeria’s leading mobile wallet, has partnered with…

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