Santander Launches Deepfake Awareness Campaign to Address AI Scam Risks Amid Public Confusion
Santander has launched a campaign using deepfake technology to educate the public on AI-driven scams. With half of Brits either unaware of or confused by these threats, the initiative aims to enhance digital literacy and safety amid rising ... Read More
Flywire Enhances Global B2B Payment Capabilities with Invoiced Acquisition
Flywire, a global payments enablement and software company, has acquired Invoiced, a leading provider of accounts receivable automation solutions. This strategic move aims to enhance Flywire's B2B payment network, streamlining global ... Read More
HubiFi Secures $2.5M Seed Funding to Revolutionize Revenue Management for High-Transaction Enterprises
HubiFi, an advanced accounting automation solution, has secured $2.5 million in seed funding. The investment will be used to enhance its platform, which automates revenue management for high-transaction enterprises. This funding round aims ... Read More
Marqeta Secures Five-Year Exclusive Issuer Processor Agreement with Varo Bank
Marqeta has signed a five-year agreement with Varo Bank, becoming its exclusive issuer processor in the U.S. This strategic partnership aims to enhance Varo's card issuing and processing capabilities, leveraging Marqeta's advanced ... Read More
HD Bank Launches Vikki Digital Bank in Vietnam with Thought Machine’s Vault Core
HD Bank has launched Vikki Digital Bank in Vietnam, leveraging Thought Machine’s Vault Core technology. This initiative aims to revolutionize digital banking services in the country, offering enhanced customer experiences and robust ... Read More
Tuum Partners with ComplyAdvantage to Boost Compliance and Operational Efficiency
Tuum has partnered with ComplyAdvantage to enhance compliance and operational efficiency. This collaboration aims to leverage ComplyAdvantage’s real-time risk data and Tuum’s modular core banking platform, providing financial ... Read More
Fintech Investment Decline to $51.9 Billion Shows Resilience with Increased Deal Volume, KPMG Reports
Global fintech investment dropped to $51.9 billion in the first half of 2024, yet deal volumes remain optimistic, according to KPMG's Pulse of Fintech report. Despite the decline, the fintech sector shows resilience through an increase in ... Read More
Major Digital Wallets Join RBI’s Digital Currency Pilot Project
Google Pay, PhonePe, and other major digital wallet providers are set to participate in the Reserve Bank of India's digital currency pilot project. This initiative aims to test the feasibility and benefits of a central bank digital ... Read More
Boubyan Bank Upgrades to Temenos’ Modern Core Banking Platform
Boubyan Bank has migrated to Temenos’ core banking platform, aiming to modernize its operations and enhance digital services. This move is expected to boost efficiency, streamline processes, and support future growth initiatives for the ... Read More
Nuvei Expands into Brazil with Strategic Acquisition of Licensed Payment Institution
Nuvei has announced its acquisition of a licensed payment institution in Brazil, marking a significant expansion into the South American market. This move enhances Nuvei’s regional capabilities and aligns with its global growth strategy, ... Read More