This Week in Fintech: TFT Bi-Weekly News Roundup 07/09
The Fintech Times Bi-Weekly News Roundup on Tuesday 12 September 2023 Appointments Tribe Payments, a UK-based issuer and acquirer processor, expands its senior team with the hire of Andrew Hocking as chief strategy officer as well as Robin Anderson as VP of acquiring product. Anderson is also joined by Violeta Tamašauskienė, who becomes Tribe’s new […]
European Fintech Funding Falls as Lay-Offs Predicted to Continue; Finch Capital Reveals
European growth investor Finch Capital has released its eighth ‘State of European Fintech’ report, exploring the impact of the investment environment on the fintech sector; the state of fintech in key European countries and thematic trends expected to see strong momentum in the next year. The European fintech sector has been heavily impacted by a […]
TOKO Bolsters Dubai Digital Asset Marketplace with New Licence and Partnership
TOKO FZE, the digital asset creation platform with compliance at its forefront has made two major announcements as it accelerates the digital asset market in the UAE. In addition to partnering with Virtuzone, the business solution provider, TOKO has also received an operating licence approval, permitting it to undertake broker-dealer and exchange services in and […]
UAE Data Centre Market Development Set to Catapult Innovation Forward Reveals JLL
A new whitepaper by real estate firm, JLL titled ‘Unleashing the Potential: The Future of Data Centres in the Middle East and Africa’ has revealed the extent of digital transformation in the Middle East as the demand for data centres has increased. Both Dubai and Abu Dabi are the largest data centre markets in the […]
CFTC Cracks Down on DeFi Firms in the US but Course of Action Causes Concern
The US Commodity Futures Trading Commission (CFTC) is cracking down on decentralised finance (DeFi) platforms as it tries to enforce rules more strongly on firms operating in this space. CFTC, the US regulator, is taking legal action against three firms operating in the DeFi space for allegedly violating federal digital asset derivatives trading laws. The […]
Fireblocks Expands Non-Custodial Wallet-as-a-Service for Brands and Fintechs
In response to the increasing demand for decentralised digital asset management, Fireblocks, an enterprise platform for blockchain operations, has announced the expansion of its non-custodial wallet-as-a-service (WaaS) offering. The move aims to cater to brands, corporates, fintechs and Web3 businesses that seek greater control and security over their digital assets. With the recent collapses of […]
Aqilla: To Be or Not to Be… in the Office? That Is the Question
Seven in 10 companies are demanding their employees to return to the office. While many argue that it encourages face-to-face communication and inspiration that cannot be replicated at home, there are definitely some perks to working remotely. But do they outweigh the benefits of the office? Hugh Scantlebury, is the CEO and founder of Aqilla, […]
UK Companies Struggle to Address Growing Cybersecurity Threats: Savanti Report
Despite a surge in global cyberattacks and increasing awareness about the importance of cybersecurity, many UK companies are struggling to effectively address this critical issue, a report by UK cybersecurity consultancy Savanti reveals. In 2022, global cyberattacks saw a 38 per cent increase compared to the previous year. The rise in cybercrime is not sparing […]
Digital Transformation Expert Leads Alif Pay’s UAE Venture
Central Asian fintech Alif is spreading its wings into the United Arab Emirates (UAE) with the unveiling of Alif Pay, a financial platform that aims to reshape the landscape of financial services and global remittances in the region. Alif Pay enables sharia compliant microfinance for UAE expat communities to remit money to their home countries […]
FINEOS Platform Fuels Partners Life’s Growth in Insurance Claims
Partners Life, one of the largest life and health insurers in New Zealand, has turned to FINEOS to kick off its plans for digital transformation, beginning with the transition to the cloud-native purpose-built FINEOS Platform. The partnership enabled the company, founded in 2011, to elevate its claims processing capabilities, reduce claims leakage and enhance the […]
