Fintech

Lithic, the card-issuing technology company, is expanding its services to Canada, marking the company’s first entry into a non-US market. The announcement will see Lithic enable businesses to grow using its card programmes while allowing them to move money more easily. Furthermore, the expansion will see the card issuing firm introduce new multicurrency processing capabilities, […]

Brazil’s central bank has been working on a digital real project for several years, beginning a first pilot phase in 2023 testing privacy and programmability functionalities through the implementation of a specific use case. Now, it has whittled down proposals for a second phase from 42 to 13, using the infrastructure already created to test […]

The report follows initial concerns raised by the FDIC and two other federal banking regulatory bodies in late July, which introduced specific guidance requiring all banks under its jurisdiction to monitor and regularly reconcile any accounts they hold or manage – no matter the source or type of relationship involved. The FDIC, Office of the Comptroller of the […]

The Council of Europe has stated this treaty is “technology-neutral”, and aims at providing a legal framework for the entire lifecycle of AU systems while still promoting innovation. The agreement covers three general areas of protection: Human rights: This largely refers to maintaining existing human rights agreements. Signing governments also agree ensure people’s data is […]

Klarna, the payment processing service provider for e-commerce, is on target to cut its workforce in half to 2,000 by the end of 2025, if it continues to reduce roles at the same rate it has done for the last two years. Latest headcount forecasts from FXC Intelligence come after the firm analysed a return to profitability […]

Despite the post-covid hype surrounding subscriptions dying off, a new report from Stripe, the financial infrastructure platform for businesses has found that the subscription economy is still healthy. The Stripe report found that 49 per cent of businesses are planning investments in global expansion to reach new customers over the next twelve months. However, 69 per cent of […]

iDenfy, an AI-powered identity verification, compliance, and fraud prevention solutions provider, is joining forces with Confindo, an IT solution provider specialising in customer relationship management (CRM) tools for group companies and external partners. Collaboration with iDenfy will help Confindo manage third-party risks and ensure proper fraud and breach prevention while building a seamless and secure verification experience. Confindo […]

Global payment giant Mastercard is expanding its support for non-custodial cryptocurrency wallets in a new collaboration that enables users to spend crypto while “being their own bank.” After piloting a crypto debit card with the major self-custodial MetaMask wallet in August, Mastercard’s new partnership with the European crypto payments infrastructure provider Mercuryo will further connect traditional finance […]

The crypto-focused travel platform Travala has made a major stride in cryptocurrency adoption by integrating with the global Skyscanner marketplace. This marks Skyscanner’s first implementation with a crypto-native application, according to an announcement shared with Cointelegraph. The new partnership underscores Skyscanner’s commitment to offering diverse payment methods to the growing needs of travelers, according to […]

New York-based fintech firm Broadridge Financial Solutions has launched a new data platform, dubbed ‘Tradeverse’, to help trading firms eliminate data silos, unleash the potential of their data across the enterprise and better manage costs, reconciliation, and the data quality and lineage challenges of firms typical complex platform ecosystems. Broadridge explained that Tradeverse consolidates real-time, […]