myPOS , one of the largest providers of mobile ATMs and payment solutions for small and medium-sized businesses and independent entrepreneurs, is pleased to  announce the appointment of Mario Shiliashki as Chief Executive Officer. Shiliashki will also become part of the Board of Directors. Shiliashki  brings a global vision for payments and has worked on four continents for companies such as PayPal, Mastercard and more recently PayU, successfully leading all phases of growth, M&A and Exit. Shiliashki will join the strong executive leadership team, wh ..read more

Bird, a communications platform originally known as MessageBird, has teamed up with Airwallex to enhance its global payments operations. With its API-driven customer relationship management (CRM) solutions, Bird enables businesses to engage with customers across various channels like email, SMS, and WhatsApp, managing over 5 trillion messages annually. The decision to partner with Airwallex stems from Bird’s need to upgrade its payments infrastructure. Legacy systems struggled to handle multiple currencies efficiently across different operating entities, leading to operational fragmentation. B ..read more

Mastercard is addressing the increasing threat of scams, responding to staggering statistics such as $12.5 billion lost to internet scams in the US in 2023 and nearly 1.4 million fraud cases in the UK during the first half of the same year. To combat this, Mastercard has launched Scam Protect, a comprehensive suite of tools powered by AI, biometrics, and open banking, aimed at identifying and preventing various types of scams, including card-based, account-to-account, and fraudulent account openings. To bolster their efforts, Mastercard has forged partnerships across industries. One significan ..read more

Welcome to our latest Weekly Funding Highlights! In this roundup, we cover developments across the funding landscape, including strategic investments, funding rounds, and innovative initiatives from key players in the industry. Rippling raises $200m at $13.5bn valuation to boost platform Rippling, a US-founded company specializing in employee management software, has raised an impressive $200 million in its Series F funding round, valuing the company at $13.5 billion. Coatue led the round, joined by existing investors Founders Fund and Greenoaks, with Dragoneer as a new investor. Rippling aims ..read more

ID wallets: The future of identification and data exchange This article is based on an episode of the Data Sharing Podcast. Digital ID wallets are an emerging concept in the world of innovation and digital data sharing. In this article, Hidde Koning (Director of Business Development at Ockto) and Robert Harreman (Founder of Ockto) delve into this topic. Using five statements, Hidde and Robert provide a comprehensive overview of the current state of ID wallets and offer insights into the future. They discuss topics such as the feasibility of the wallets, their function as (non-)storage of perso ..read more

Stay up to date with the latest news from the Netherlands!  Enjoy reading! Crypto service providers can apply for a permit from the AFM (AFM) Starting from April 22, 2024, providers of crypto asset services (CASPs) can apply for a license or notification with the Netherlands Authority for the Financial Markets (AFM). Upon approval, the permit or notification can be utilized starting December 30, 2024. The Markets in Crypto-Assets Regulation (MiCAR) will become effective on the same date, allowing licensed CASPs to offer services across the European market. AFM serves as the primary superv ..read more

The fintech industry is rapidly evolving and disrupting traditional financial systems. In this article, we bring you the latest research insights to help you stay ahead of the curve and understand the future of financial technology. Enjoy researching! Bitcoin Halving: A Comprehensive Guide for Investors (LinkedIn) “Bitcoin Halving: A Comprehensive Guide for Investors” provides an extensive exploration of the bitcoin halving event, specifically curated to cater to the needs of investors. Delving deep into the mechanics and implications of this pivotal event in the cryptocurrency sphere, the gui ..read more

Dive into the dynamic world of finance with our latest analysis highlights, exploring hot topics from the fintech funding industry. DeFi’s Path to Mass Adoption Goes Through Fintech Firms, Centralized Exchanges, Morpho Labs Chief Says (Coindesk) Paul Frambot, CEO of Morpho Labs, asserts that the future of decentralized finance (DeFi) lies in layer-2 infrastructure adoption by fintech firms and centralized exchanges. Unlike traditional finance, which has little incentive to switch to DeFi due to its existing advantages, fintechs can benefit from building on layer 2s, reducing costs and increasi ..read more

Welcome to the latest in fintech news, where cutting-edge technologies and innovative financial solutions converge to reshape the landscape of banking, investing, and payments. Stay tuned as we explore the trends driving the future of finance! Microsoft Invests $1.5 Billion in Abu Dhabi’s G42 to Accelerate AI Development and Global Expansion (G42) Microsoft’s $1.5 billion investment in G42, a leading UAE-based AI technology holding company, signifies a deepened collaboration aimed at advancing AI technologies globally. This partnership aims to bring Microsoft’s AI advancements and skilling ini ..read more

Welcome to our latest Weekly Funding Highlights! In this roundup, we cover developments across the funding landscape, including strategic investments, funding rounds, and innovative initiatives from key players in the industry. Embedded FinTech Parafin boosts infrastructure with $125m warehouse facility Parafin, an embedded financial services company, secures a $125m warehouse facility from Silicon Valley Bank (SVB) and Trinity Capital. The investment aims to enhance Parafin’s ability to provide capital to small and medium-sized businesses on platforms like DoorDash and Amazon. Parafin’s innov ..read more