FinTech News

Poor onboarding practices cost European financial institutions over €5.7bn every year, according to new research.

One Inc, a pioneering digital payments network focused exclusively on the insurance sector, and J.P. Morgan Payments, a global leader in payment processing, have announced a collaborative effort.

Visa, a colossal player in the digital payments realm, and Expel, a forerunner in security operations, have coalesced in a strategic partnership, aspiring to bolster the cybersecurity fortifications of Visa’s Value-Added Services portfolio on a global scale.

Lanistar has been accused of failing to pay its workers on time, suffering from low staff morale, postponing launches, mishandling influencer contracts and of making many employees redundant.

Grow.com, a reporting and analytics dashboard solution, has closed a $16m Series B round of funding, led by Toba Capital.

Online trading platform, Tiger Brokers UK has embarked on a transformative partnership with TrueLayer, Europe's leading open banking payments network.

Spain’s CaixaBank has deployed a quantum computing algorithm to assess the capital at risk for financial assets such as mortgage and treasury bill portfolios.

Juniper Research, a leading expert in payment markets, projects global losses from online payment fraud will exceed $362bn.

Restaurant management platform Toast has raised $115m in its Series D funding round, valuing the company at $1.4bn.

Alipay has partnered with Finablr, a payments and foreign exchange platform, to allow its customers access to remittance services in 270 countries.