Payments Systems Regulator unveils plans for APP scams
The PSR has published a consultation on guidance to support PSPs providing correct data when they report authorised push payment scams to regulators.
India’s financial intelligence unit levies Fine on Paytm Payments Bank
India's Financial Intelligence Unit (FIU) has imposed a fine of ₹54.9m ($662,565) on Paytm Payments Bank, the banking arm of Paytm (PAYT.NS). According to Reuters,...
Visa, Froda and Lunar team to unveil push-payments for SME loans
Three financial firms – Visa, Froda and Lunar – have announced a global partnership and are launching a technology aimed at resolving push-payment problems.
Team8 secures $500m to propel startups in Cyber, FinTech, and AI industries
Team8, a fund known for its role in the digital transformation across various sectors, has announced the closing of funds.
Socotra embarks on European expansion
Socotra, a modern core platform provider for insurers, is planning a European expansion following the growth in demand for its API-driven, cloud-first technology, which increases insurers’ speed-to-market at lower cost .
Riskified debuts Auth Rate Enhance to boost e-commerce success
Riskified, a New York Stock Exchange-listed company specialising in ecommerce fraud and risk intelligence, has recently introduced Auth Rate Enhance.
Thai Life Insurance partners with Munich Re to streamline life insurance
Thai Life Insurance has selected Munich Re Automation Solutions’ cloud-based automated underwriting solutions to streamline life insurance applications.
Members of the Net Zero Banking Alliance update climate targets
In a move to combat climate change, members of the Net Zero Banking Alliance have voted to update their Guidelines for Climate Target Setting.
Turtlefin acquires InsurTech Last Decimal
Turtlefin, the software-as-a-service (SaaS) platform of InsurTech startup Turtlemint, has acquired InsurTech company Last Decimal.
The future of identity verification: How eKYC is transforming FinTech
In the realm of financial services, compliance with Know Your Customer (KYC) regulations is paramount.
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