Airwallex, a financial platform for businesses, has been granted an Australian Financial Services Licence (AFSL) by the Australian Securities and Investment Commission (ASIC) to offer […]
Year: 2024
Lemonade Celebrates Positive Social Impact, as Donations Surpass $10Milllion in Eighth Giveback
Lemonade, the US-based digital insurance company driven by AI and social impact, has marked the eighth consecutive year of giving back to a number of […]
UK Firms Begin ‘Reaping the Benefits’ of Investment in Fighting Financial Crime, Says LexisNexis
UK financial services firms currently spend over £21,000 per hour fighting financial crime and fraud through onboarding and compliance screening processes, according to the latest […]
HKMA Unveils Stablecoin Sandbox Participants, Ensuring ‘Sustainable and Responsible Development’
The Hong Kong Monetary Authority (HKMA) has revealed the participants for its stablecoin issuer sandbox, which will be able to test plans to issue a […]
US Department of the Treasury and FSSCC Lay Groundwork for Greater Cloud Adoption
As fintechs and financial services firms turn their attention to cloud technology, many are coming across challenges. These range from information sharing to best practices […]
Toyota Financial Services Italy Explores How Worlds of Finance and Mobility Can Be Combined
Imagine a future where cars, through the integration of embedded finance, could become ‘intelligent digital tokens’. Tokens which can facilitate payments, financial flow management, data […]
What Can We Learn From Payment System Failures and Global IT Outage?
As global outages hit banking firms and payments worldwide, are we to be forever doomed by glitches, power outages and cyberattacks? Possible solutions may exist, […]
Singapore Invests S$100million to Boost Quantum and AI in Financial Sector
The Monetary Authority of Singapore (MAS) has committed an additional S$100million to support the development of quantum and artificial intelligence (AI) technologies in the financial […]
Xsolla Optimises Payment Channels for Gaming Developers With Expansion, Acquisition and Launches
Global video game commerce company, Xsolla, has unveiled a number of new launches and milestones, as well as an acquisition, as it looks to enhance […]
What ESG Challenges do Fintech Firms Face?
Now encapsulating a focus on societal impact and the environment, the term ‘fintech for good’ has evolved from its initial meaning of charity. But it […]