Mobile Payments

Lanistar finally secures FCA approval following earlier setback

UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.
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France-based Lydia secures €13m funding led by CNP Assurances

France-based mobile payments platform Lydia has secured €13m in financing led by CNP Assurances.

MoneyGram has partnered with Digital Financial Services

Cross-border P2P payments and money transfers company MoneyGram has inked a new deal with Digital Financial Services to empower eWallet customers to make cross-border money transfers.

Revealing who Russian online shoppers are how they like to pay

More people are shopping online. But in Russia, not everyone is equally excited about internet retail.
South African FinTech company Stitch has announced that it has landed $25m in a funding round as it looks to become a leader in the global payments landscape.

Stitch secures $25m in Series A and looks to become global payments leader

South African FinTech company Stitch has announced that it has landed $25m in a funding round as it looks to become a leader in the global payments landscape.

YC-backed teen-focused FinTech FamPay partners with Visa to launch personalised doodle cards

After the successful launch of their numberless FamCard, FamPay has launched India’s first Visa Prepaid Card for teenagers with personalized doodles on it.

Crypto PayTech MoonPay secures $555m in highly subscribed Series A

MoonPay, a company that builds payment infrastructure for cryptocurrencies, has closed a Series A financing raise on $555m.

90% of US consumers want added security measures on mobile transactions, study finds

A study from Entersekt has found 90 per cent of US consumers value additional security measures when completing mobile transactions.

Bunq, Volt partner to bolster open payment technology

Dutch challenger bank Bunq has partnered with London-based payments company Volt to provide a faster way for Bunq customers to transfer money from other accounts.
EMI

Terrapay secures EMI in Italy, plans EU expansion 

Terrapay has announced it has secured authorisation as an EMI in Italy, and now plans to expand its operation further into the EU. 

News Stories

Northern Arc secures $80m boost from IFC, enhancing financial inclusion in India

Northern Arc secures $80m boost from IFC, enhancing financial inclusion in India

Northern Arc, a diversified non-banking financial company (NBFC), proudly announces securing an investment of $80m from the International Finance Corporation (IFC), a member of the World Bank Group.
FinQuery secures $25m investment to boost AI solutions for CFOs

FinQuery secures $25m investment to boost AI solutions for CFOs

FinQuery, formerly known as LeaseQuery, has secured a significant minority investment to the tune of $25m, led by Periphas Capital and supported by Lavelle Capital.
BforeAI announces $15m boost for advancing cybersecurity predictiveness

BforeAI announces $15m boost for advancing cybersecurity predictiveness

BforeAI, a leader in predictive security solutions, has successfully closed its Series A funding round, securing a substantial $15m.
AML

Leveraging AI to enhance efficiency in AML sanctions screening

False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity.

EU launches new anti-money laundering agency in Frankfurt to bolster financial security

MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.

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