Category: Fintech

Visa
October 24, 2024 BY Sam Boughedda

Worldline Partners with Visa to Enhance Fraud Management Solution

The global payment services provider explained in its press release announcing the deal that the collaboration combines Worldline's extensive transactional data with Visa's Cybersource Decision Manager, offering businesses a powerful tool to combat fraud and optimise customer experiences. The partnership is said to be particularly beneficial for the travel industry, where both Worldline and Visa…

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October 22, 2024 BY Sam Boughedda

OptAxe Gains FCA Authorisation For FX Options Multilateral Trading Facility

OptAxe explained in a press release that it aims to address the inefficiencies and fragmentation of the current FX options market by providing a centralised platform for liquidity discovery, dissemination, and execution. "OptAxe offers an innovative and automated approach to FX options trading that digitises and centralises the distribution of FX options axes," the company…

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October 22, 2024 BY Sam Boughedda

GCEX Unveils New Price Feeds for Re-Aggregation

The new feeds are said to focus on enhancing spreads and optimising performance for aggregating brokers in the FX and precious metals markets. Designed to address the challenges faced by brokers in today's liquidity environment, the company said that XplorSkew and XplorSkewPlus leverage skewing to maximise the benefits of aggregation. GCEX explains that by compressing…

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Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
October 21, 2024 BY Sam Boughedda

Broadridge Expands OTC Derivatives Reporting Capabilities

In addition, the company revealed in a press release that it is proactively expanding its offerings to include other regulatory regimes and asset classes, such as the Canadian rewrite and the Hong Kong rewrite scheduled for later dates. “We anticipate that the regulatory wave will continue, and we are proactively working on behalf of our…

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October 18, 2024 BY Sam Boughedda

Bank Rakyat Indonesia Partners with Nium to Boost Cross-Border Payments in Indonesia

The firm explained in a press release that the collaboration aims to provide BRI's customers with faster, more convenient, and cost-effective international money transfers. Through the partnership, BRI's 150 million customers will have access to a range of real-time payment options, including bank account transfers, card payments, and digital wallets. This is said to be…

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October 11, 2024 BY Sam Boughedda

CAB Payments Confirms StoneX Acquisition Proposal

The company said in a release that the proposed offer values CAB Payments at £1.45 per share, consisting of both cash and a full share alternative. The offer represents an 18% premium over CAB Payments' stock price of 123 pence. CAB Payments was listed on the London Stock Exchange in July last year. However, its…

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October 10, 2024 BY Sam Boughedda

AmerX Leverages Broadridge Technology for New Securities Lending Business

The company explained that the SFCM platform will provide it with essential functionalities to manage its securities lending operations, including collateral management, trade lifecycle management, and risk assessment. They expect it to streamline processes, enhance transparency, and ensure compliance with regulatory requirements. "Broadridge's advanced solution provides the essential system functionalities to enable us to offer…

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Stripe obtains $600M funding at $95B valuation
October 10, 2024 BY Sam Boughedda

Stripe and NVIDIA Expand Partnership to Boost AI Capabilities

The collaboration will see Stripe leverage NVIDIA's GPUs and AI software to improve its fraud detection capabilities and provide businesses with enhanced AI tools. By enabling developers and enterprises to prepay for select NVIDIA cloud services, Stripe said it aims to make NVIDIA's AI platform more accessible to a wider audience. "NVIDIA is one of…

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SIX enhances ESG offering with investment in Ordena Software Solutions
October 09, 2024 BY Sam Boughedda

Truflation Unveils Real-Time AI Index

The index is designed to track the performance of Artificial Intelligence companies and the Real World Assets (RWAs) driving generative AI. The index comes at a time when the global AI market is experiencing rapid growth, projected to reach $1.3 trillion by 2032. With 92% of Fortune 500 companies integrating generative AI into their operations,…

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October 09, 2024 BY Sam Boughedda

Worldline and OPP to Launch Embedded Payments Solution in Europe

The collaboration aims to address the evolving payment needs of businesses operating platforms and marketplaces across Europe. The Embedded Payments solution integrates OPP's specialised payment technology, designed specifically for platforms, with Worldline's acquiring and acceptance expertise, as well as point-of-sale (POS) capabilities. Key features include split payments, advanced escrow management, and mediation handling, all of…

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