iGoDirect Unveils Web-to-Wallet Solution to Enhance Payment Experience in APAC
iGoDirect has introduced its innovative Web-to-Wallet solution, designed to streamline and optimize digital payments across the Asia-Pacific region. This new platform aims to eliminate payment friction, boost transaction speed, and ... Read More
TFSF Pulse Expands Payment Solutions to Boost Merchant Adoption
TFSF Pulse has introduced new alternative payment options to enhance merchant adoption. This move aims to simplify transactions and broaden payment acceptance, enabling merchants to reach more customers. The platform’s expanded features ... Read More
Swiss Central Bank Reports $2.27 Billion Loss Due to Strong Franc
The Swiss National Bank (SNB) has reported a substantial loss of $2.27 billion for the first half of 2024. The loss is attributed to the strengthening of the Swiss franc, which has adversely impacted its foreign currency holdings and ... Read More
Stripe Partners with Newline by Fifth Third Bank to Enhance Embedded Financial Services
Stripe has chosen Newline by Fifth Third Bank to enhance its embedded financial services. This strategic collaboration aims to broaden Stripe’s financial capabilities, offering a comprehensive suite of services for businesses looking to ... Read More
CaixaBank Reports 30% Surge in Q2 Net Profit Fueled by Increased Lending Income
CaixaBank's net profit for Q2 2024 surged by 30% to €1.2 billion, driven by higher lending income. The bank's strong performance highlights successful credit operations and improved asset quality, positioning it well for continued ... Read More
US Bank Regulator Seeks Tighter Control Over Asset Managers’ Bank Stakes
The US bank regulator is planning to implement stricter controls on asset managers' stakes in banks. This move aims to ensure financial stability and mitigate systemic risks, as asset managers increasingly acquire significant stakes in ... Read More
M2P Fintech Nears Completion of $80M Funding Round, Eyeing $900M Valuation
M2P Fintech is reportedly in the final stages of securing an $80 million funding round, which would value the company at $900 million. This investment underscores the company's growth and the increasing demand for innovative fintech ... Read More
The Surge in Demand for Automated Compliance Technology in Financial Services
As financial regulations become increasingly complex, automated compliance technology is emerging as a critical tool for institutions. This shift is driven by the need for enhanced accuracy, efficiency, and risk management in navigating ... Read More
Russia to Roll Out Cross-Border Crypto Payments by Year-End 2024
Russia plans to introduce cross-border cryptocurrency payments by the end of 2024. This move aims to modernize the financial system, enhance international trade, and offer more flexibility for businesses and individuals amid ongoing ... Read More
Network International and Biz2X Announce Strategic SME Financing Partnership
Network International has partnered with Biz2X to enhance SME financing options in the UAE. By integrating Biz2X’s digital underwriting technology, Network’s SME merchants will gain access to real-time credit data and customized loan ... Read More