fintech
Cybersecurity Accounts for 63% of Fintech Growth, Study Finds
- UnaFinancial's research revealed that the correlation between fintech growth and cybersecurity strengthens as income level rises.
- In Asia, fintech growth is more closely linked to the consumer electronics market size.
Monday, 07/10/2024 | 20:53 GMT by
Jared Kirui
eToro Upgrades Price Alert Functionality with New Features and Access Widget
- Users will receive instant confirmations for setting, updating, or deleting alerts, along with details.
- A bell icon will appear next to the instrument's symbol, indicating active price alerts.
Monday, 07/10/2024 | 08:53 GMT by
Tareq Sikder
Ebury Expands Team with Two Hires for Derivatives and APAC Coverage
- Tom Farrow, formerly of Monex Europe, will expand firm’s presence in derivatives and corporate segments.
- Aaron Bird, from Argentex, will expand company's coverage in the Asia-Pacific region.
Monday, 07/10/2024 | 08:33 GMT by
Tareq Sikder
Starling Bank Faces £29 Million Fine from FCA over Financial Crime
- The bank's growth from 43K to 3.6 million customers outpaced improvements in its financial crime controls.
- In January 2023, Starling found its screening system inadequately screened customers against sanctions.
Thursday, 03/10/2024 | 11:01 GMT by
Tareq Sikder
Stripe Scales Up with New Toronto Office amid 50% Growth in Payment Volume
- The firm offers products like Tap to Pay on iPhone and usage-based billing to assist Canadian businesses.
- The company is hiring for engineering, product management, sales, and design roles at its new office.
Friday, 27/09/2024 | 08:28 GMT by
Tareq Sikder
Revolut Prepares for 2025 Mexico Launch after Obtaining Banking License
- According to the CEO, over 100,000 people are on the waiting list to become customers.
- The company plans to offer a no-limit bank account and free international transfers at launch.
Thursday, 26/09/2024 | 15:18 GMT by
Tareq Sikder
UniCredit Snaps Up 4.5% Stake in Commerzbank from German Government
- The company seeks approval to raise its Commerzbank stake to 29.9%, avoiding a full takeover bid.
- The sale sparked controversy in Germany, with officials reportedly surprised by UniCredit's interest.
Thursday, 19/09/2024 | 08:28 GMT by
Tareq Sikder
eToro USA Settles with SEC for $1.5M and Restricts Crypto Trading: Eyes US IPO
- As part of the settlement, eToro will limit crypto trading in the US to Bitcoin, Bitcoin Cash, and Ether.
- US customers will have 180 days to sell other crypto assets before they are removed from the platform.
Thursday, 12/09/2024 | 14:18 GMT by
Tareq Sikder
Ebury Kicks Off Partnership with AS Monaco for Upcoming Ligue 1 Season
- As part of the partnership, the firm’s branding will be displayed on the club’s training kit.
- The firm provides payment services, lending, FX risk management, and Mass Payments solutions.
Wednesday, 11/09/2024 | 13:16 GMT by
Tareq Sikder
PayPal Expands US Point-of-Sale with 5% Cashback and Apple Wallet Integration
- The firm targets the $4.55 trillion US debit card market with increased cashback.
- A report shows 24% of debit cardholders earned cashback in 2023, versus 74% of credit cardholders.
Thursday, 05/09/2024 | 15:47 GMT by
Tareq Sikder
Mastercard Takes On Fraud with Biometric Passkey Launch in India
- The service replaces traditional passwords and OTPs with fingerprints or facial scans.
- It uses tokenization to protect payment and biometric data, reducing the risk of unauthorized access.
Thursday, 29/08/2024 | 10:28 GMT by
Tareq Sikder
Manchester City Strikes Deal with Corpay for FX Solutions and Payment Handling
- The firm is appointed the official FX partner, offering payment solutions for both the men's and women's teams.
- Meanwhile, the firm expands US operations through acquisition of GPS Capital Markets.
Thursday, 22/08/2024 | 12:39 GMT by
Tareq Sikder
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