Checkout.com has taken a step further to deliver innovative financial solutions by branching out into embedded finance with card issuing. Their platform now provides merchants and other businesses with a streamlined way to create and manage custom-branded cards, enhancing their customer experience and opening up new revenue streams. The move into embedded finance marks a strategic expansion for Checkout.com, which
Moojo, a FinTech startup dedicated to streamlining invoicing processes for freelancers and creators, has just announced the launch of a new product in partnership with Hiscox Germany. The new liability coverage for IT professionals aims to give millions of such individuals the freedom, flexibility, and security they need to work and thrive in the digital economy. Moojo’s mission is simple
As the global adoption of digital payments increases, commercial payments are no exception. With the rise of technological advancements, financial leaders must keep abreast of IT trends to remain competitive and focus their resources despite the economic instability. Interestingly, many CFOs do not consider the costs involved in making or receiving a payment, but instead, they consider the overall expense.
As the world of cryptocurrency continues to grow, it is becoming increasingly important to have reliable and secure ways to store and manage digital assets. That is where wallets come in, and two companies have recently secured significant funding to develop their respective wallets – Soul Wallet and Aztec Network. Soul Wallet’s seed funding Self-custodial wallets have been gaining popularity
With the growth of cross-border payments and e-commerce, the need to address fraud in this industry has become increasingly crucial. Fraudsters target cross-border payments due to the high value of transactions and the complexities involved in verifying identities across different countries. In this article, we will explore the growth of cross-border payments, the impact of fraud on businesses, the laws
Artificial intelligence has been transforming various industries, and the finance industry is no exception. Prominent organizations including Morgan Stanley Wealth Management and Stripe have been leveraging OpenAI’s GPT-4 to deliver better services to their clients. In this article, we will discuss how both companies are using GPT-4 and its impact. Morgan Stanley is one of the launch organizations for GPT-4
In the realm of digital advertising, two companies reign supreme: Google and Facebook. These tech giants provide the means for marketers to reach their target audience through search and display ads or social media campaigns. Despite their extensive offerings, is it wise to depend solely on Google and Facebook? In this article, we will explore the potential addiction to these
Droit, a US-based RegTech firm, has raised $23 million in Series B funding. The investment was led by Pivot Partners and UBS, with support from existing investor Goldman Sachs. The funds are expected to be used to develop new products as part of the company’s expansion into the wealth management market. Droit’s Adept platform is primarily used in the capital
The Brazilian Central Bank has recently taken a step toward revolutionizing digital payments for businesses and customers alike by sanctioning the utilization of a new payment feature on WhatsApp. This groundbreaking development was announced by Mark Zuckerberg on Instagram, expressing his enthusiasm for the authorization of the payment feature and its potential to “instantly pay small businesses through WhatsApp.” Furthermore,
The Baltic region is paving the way for digital payments adoption in Europe, with Estonia, Latvia, and Lithuania all connected to the European Union’s SEPA Instant real-time payments network in 2017. As of June 2022, these countries are showing varied levels of adoption of the SEPA Instant service, making them a bustling center of FinTech in Europe. To further encourage
The impact of identity theft on the fintech industry is a growing concern. With the rise of digitalization, the risk of fraud has become increasingly prominent. Identity theft can result in massive losses due to fraudulent transactions, stolen funds, and reputational damage. According to a study by Javelin Strategy & Research, in 2019 alone, over 16 million Americans were victims
Financial technology has been growing rapidly in recent years, creating innovative solutions for the financial services sector. Among them is Treasury Prime; a cutting-edge company that is revolutionizing the way businesses access banking services. Treasury Prime’s platform offers a suite of APIs and financial products that allow businesses to access a network of sixteen banks, giving them access to a
