Five payment fraud trends reshaping financial crime
Payment fraud is undergoing a fundamental transformation, and the pace of change is accelerating. According to Tieto Banktech, five key trends are reshaping the...
SolvaPay raises €2.4m for agentic payment layer
SolvaPay, a Stockholm-based AI payments platform, has closed a €2.4m ($2.8m) pre-seed funding round to develop what it describes as the world's first payment...
Nordic banks turn to CaaS to cut costs and modernise
Nordic banks are grappling with the twin burden of ageing core infrastructure and spiralling compliance costs, with spending on card scheme mandates and PCI...
Ralio raises $2.5m in Europe’s biggest agentic payments round
Ralio, a trust infrastructure provider sitting between AI agents and payment rails, has announced a $2.5m pre-seed funding round, marking what it describes as...
Nordic banks turn to CaaS to fight rising fraud
The Nordic region is among the most cashless in the world, with cash accounting for fewer than 5% of all transactions in Norway and...
Mimir acquires PayEx platform to launch Everspring
Mimir, a technology investment and development company, has acquired a platform from PayEx, a Swedbank-owned payments business, to launch a new FinTech venture called...
Lucky secures $23m to scale credit and neo-banking push
Lucky, an Egyptian consumer credit and financial technology platform, has closed a $23m Series B funding round, combining equity and debt, as it prepares...
72% say AI is making scams harder to detect
Seven in 10 (72%) people say fraud and scam attempts are becoming more convincing, as criminals increasingly use artificial intelligence to enhance their tactics,...
AccessPay secures majority investment from Accel-KKR
AccessPay, a bank integration and payment automation provider, has secured a majority investment from Accel-KKR, a global private equity firm focused on enterprise technology...
Report links social media platforms to APP fraud surge
The Payments Association has warned that digital platforms such as Meta’s Facebook are a major gateway for authorised push payment (APP) fraud and has...
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