Today, the Payment Systems Regulator (PSR) has confirmed its plans that will see around 400 more financial firms provide the name checking service, Confirmation of Payee (CoP). CoP is an essential fraud protection measure.
Questioned as to whether banks' history of failing to innovate is what paved the way for challengers to flourish, Anne Boden, founder and CEO of Starling Bank, explained to the Sibos audience that while big banks struggled to transform their platforms for years, a slew of neobanks emerged with convincing value propositions.
BNY Mellon, the world's largest custodian and America's oldest bank, has rolled out a digital custody platform for safeguarding client holdings in ether and bitcoin alongside traditional financial assets.
Spreedly announced today that it has expanded the organization's support offerings for customers. The organization has now established a global support infrastructure which includes resources deployed across the Americas, EMEA, and APAC, as well as offering customers 24x7x365 global support.
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women's World Banking.
Channel Capital Advisors LLP (Channel) is pleased to announce the launch of its specialist Fintech Lending Strategy, with commitments from global institutional investors.
Mosaic Smart Data (Mosaic), the real-time capital markets data analytics company, has enhanced its next generation data analytics platform to support a wide range of credit instruments, such as corporate and high yield bonds, alongside its existing rates and FX offering.
Today, at Stellar's 4th annual Meridian conference, Wirex, a leading payments platform, announced the launch of USD Coin (USDC) on the Stellar blockchain within the Wirex app.