As financial fraud reaches alarming levels across Europe—with fraudulent transactions totalling €4.3 billion in 2022 and €2.0 billion in the first half of 2023—businesses face increasingly sophisticated scams involving account-to-account transactions.

The UK’s leading receivables finance and factoring portfolio risk-monitoring solution, Lenvi Riskfactor, is pleased to announce its latest strategic partnership with e-trusco’s ANACONDA invoice-monitoring software. This collaboration unites two industry leaders to provide clients with seamless end-to-end invoice and portfolio risk-monitoring for their receivables finance and factoring portfolios.

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced the appointment of Basit Sajid Saiyed as Head of Wealth Management, reinforcing the bank’s commitment to enhancing its wealth solutions and becoming the premier Islamic bank for wealth management services. This move reflects ADIB’s vision to enhance its wealth solutions and deliver world-class sharia compliant financial services tailored to the evolving needs of high-net-worth individuals and priority customers.

Munich Re and NEXT Insurance have signed a definitive agreement regarding the full acquisition of NEXT Insurance

Finrax, the leading crypto payment gateway bridging crypto and fiat, offering fast and reliable payment processing, has announced a partnership with FXBO.

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced the appointment of Stephanie Cohen to its Board of Directors.

Zero Hash, the leading crypto and stablecoin infrastructure provider, today announced that tastytrade, a leading brokerage with an award winning platform for traders, has expanded their relationship with Zero Hash, enabling trading of five additional digital assets. Having launched crypto trading capability in 2020, through Zero Hash, this expansion meets increased customer demand for more crypto trading options.

Today, Global Dollar Network, an open network designed to accelerate and reward global stablecoin adoption, announced that Global Dollar (USDG) is now available for trading across more than ten digital asset exchanges. These strategic listings expand the accessibility and liquidity of USDG, offering users enhanced trading opportunities. Now, millions of users globally can get safe, trusted US dollars in the form of USDG via their preferred trading platforms. Since January 1, USDG has grown more than 300%*, making it one of the fastest growing stablecoins.

Jack Henry™ (Nasdaq: JKHY) is pleased to announce that Capital Credit Union converted to Jack Henry’s Symitar® platform and complementary products to support its future growth.

Happy Money, a leading consumer finance company, has been named Best Consumer Lending Company in the 9th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global fintech market today.

Nubank announces today the Shared Boleto feature in its application. The new tool is being gradually made available to customers and allows the sharing of bank payment slips (boletos) with other people, facilitating the payment of group bills or the division of expenses.

As a member, DTCC will contribute to the Association’s goals by promoting and advancing the ERC3643 token standard.

Kraken has entered into an agreement to acquire NinjaTrader, the leading U.S. retail futures trading platform for $1.5 billion

Funding Societies), the largest SME digital finance platform in Southeast Asia, has announced a strategic equity investment from Gobi Partners

MNT-Halan, the region’s leading fintech company, has received approval from the Financial Regulatory Authority (FRA) to implement in Egypt E-KYC