Search Results for: electronic money institutions

Nium Grows Presence in Lithuania With Local Team and Office Expansion
Digital Payments News

Nium Grows Presence in Lithuania With Local Team and Office Expansion

PR Newswire
by PR Newswire0
Nium, the global leader in real-time cross-border payments, is expanding its operational hub in Vilnius through new hires and a new office facility that will better serve its growing customer base across Europe. This includes: Hiring 18 new full-time employees in Lithuania, repesnting 100% headcount growth over the last 8 months Moving to a......
WSPN Secures $30 Million in Seed Funding to Redefine the Future of Digital Payments with Stablecoin 2.0
Digital Payments News

WSPN Secures $30 Million in Seed Funding to Redefine the Future of Digital Payments with Stablecoin 2.0

PR Newswire
by PR Newswire0
WSPN (Worldwide Stablecoin Payment Network), a leading provider of next-generation stablecoin infrastructure, has raised US$30 million in Seed funding round. This round was led by Folius Ventures and Foresight Venture, with participation from prominent investors including Hash Global, Generative Ventures, RedPoint Capital, and a consortium of top-tier investment companies, exchanges and foundations. WSPN distinguishes itself through......
90% of Americans Worry About Rise in Fraud, 74% Think AI Will Increase Successful Fraud Attempts, Abrigo Survey Finds
News Risk Management

90% of Americans Worry About Rise in Fraud, 74% Think AI Will Increase Successful Fraud Attempts, Abrigo Survey Finds

Business Wire
by Business Wire0
2024 Abrigo Fraud Survey shows half of Americans are “extremely concerned” about fraud, misconceptions about recoverability persist, and majority (71%) worry about money laundering Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, announced compelling new survey results revealing how Americans feel about......
Lyned Technology Begins Rollout with Banks On-Boarded in Europe and South Asia
Banking Finance Fintech News

Lyned Technology Begins Rollout with Banks On-Boarded in Europe and South Asia

EIN Presswire
by EIN Presswire0
Lyned, a pioneering digital payment processing technology, proudly announces the successful onboarding of two banking partners: TechVentures Bank of Romania and Laxmi Sunrise Bank of Nepal. This marks a significant milestone in Lyned’s journey towards global adoption. TechVentures Bank of Romania and Laxmi Sunrise Bank of Nepal have executed Proof of Concept (PoC) Agreements......
XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America
B2B Finance Fintech News

XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America

PR Newswire
by PR Newswire0
Through the collaboration with EBANX, XTransfer offers the preferred local payment methods from Latin America to businesses worldwide exporting to the region. Cash-based vouchers, electronic transfers, and Pix, the instant payments in Brazil, are among the options. XTransfer, China’s top B2B cross-border trade payment platform, and EBANX, the leading payment platform connecting global companies with customers......
Matera Announces $100M Investment from Warburg Pincus
Banking Fintech Investments News

Matera Announces $100M Investment from Warburg Pincus

PR Newswire
by PR Newswire0
Growth investment strengthens development of innovative core banking software solutions and further expansion into global markets Matera, a leading banking software provider, today announced a $100 million investment from Warburg Pincus, a leading global growth investor. The investment will be used to fund the company’s expansion into the North American......
Billtrust Teams Up with Visa to Extend Business Payments Network (BPN) Collaboration
Digital Payments News

Billtrust Teams Up with Visa to Extend Business Payments Network (BPN) Collaboration

PR Newswire
by PR Newswire0
Visa to Continue to Offer BPN to its Clients, Helping Businesses Streamline the B2B Digital Payments Process Billtrust, a B2B order-to-cash and digital payments market leader, announced that it has extended its collaboration with Visa, a world leader in digital payments, to support its Business Payments Network (BPN).  Visa will continue to......
StablR secures EMI License for MiCAR-compliant EURR stablecoin against Europe's developing regulatory backdrop
Finance Fintech News

StablR secures EMI License for MiCAR-compliant EURR stablecoin against Europe’s developing regulatory backdrop

PR Newswire
by PR Newswire0
StablR’s acquisition of an EMI license for its EURR stablecoin comes at a watershed moment for the crypto industry in Europe StablR, the efficient, secure, and transparent Euro-denominated stablecoin provider, has revealed that it was granted its Electronic Money Institution (EMI) License on Monday 1 July. Regulated in Malta, StablR is now issuing its fully MiCAR-compliant stablecoin, EURR, marking......
Crossover Markets Raises $12 Million Series A Funding Round Led by Illuminate Financial and DRW Venture Capital
Digital Asset Management Fintech News

Crossover Markets Raises $12 Million Series A Funding Round Led by Illuminate Financial and DRW Venture Capital

PR Newswire
by PR Newswire0
Crossover to use proceeds to expand its role as the leading ECN in digital assets and bring 24/7 trading to additional asset classes Crossover Markets, a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, announced that it has raised $12 million in its Series A funding......
Banking Blockchain Digital Payments Digital Wallet Featured Finance Fintech Mobile Banking

Mobile Banking Trends That Are Redefining Digital Payments

Prajakta Ayade
by Prajakta Ayade0
In the fast-paced world of finance and mobile banking, where convenience and accessibility are paramount, mobile banking has emerged as a cornerstone of modern banking services. With the widespread adoption of smartphones and the increasing digitization of financial transactions, mobile banking has transformed the way people manage their finances. Gone......
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