The Fight Against Fintech Fraud: Industry Rallies with AI and New Regulations
The fintech industry is currently confronting significant challenges with APP (Authorised Push Payment) fraud, identity fraud, and the emerging threat of AI-enabled fraud, drawing attention to the urgent need for…
Novidea Secures $30M Investment from HarbourVest to Drive InsurTech Innovation
Novidea, a player in the InsurTech field, recently announced a $30 million funding boost from HarbourVest Partners, propelling its total Series C funding to $80 million and overall funding to…
Monkee Expands ‘Save Now Buy Later’ Model With New Funding and Partnerships
Austrian fintech startup Monkee has recently secured a new seven-figure investment for its "Save Now Buy Later" approach. This move aims to expand Monkee’s influence beyond its current base of…
BIS Report Sheds Light on Stablecoin Stability Amid Ripple’s Market Entry
The Bank for International Settlements (BIS) has recently issued a report addressing the stability promise of stablecoins and the necessary regulatory responses. This report comes at an interesting time, especially…
Lithuanian Fintech TransferGo Secures $10M Funding from Taiwania Capital for Asia-Pacific Expansion
TransferGo, a Lithuanian fintech company with a strong foundation in the UK, recently secured a significant $10 million in funding from Taiwania Capital. This investment aims to fuel TransferGo's expansion…
The Oscars of CEE Fintech: UNCHAIN Festival Launches Startups Tournament to Propel Tech Innovation
Oradea, 19-20 June 2024: UNCHAIN Fintech Festival, the renowned global financial services and innovation festival, proudly announces the launch of its highly anticipated Fintech Startups Tournament. Set within the vibrant…
The European Central Bank Launches DLT Trials for Enhanced Wholesale Central Bank Money Settlement
The European Central Bank (ECB) is conducting trials to explore the application of distributed ledger technology (DLT) in wholesale central bank money settlement. This initiative is a forward-looking move towards…
Fintech Funding Reaches Four-Year Low in Early 2024
Fintech funding globally has experienced a significant downturn, reaching a new four-year low with just $7.3 billion invested in the first quarter of 2024. This stark decline is highlighted in…
Swiss National Bank Chairman Opposes Retail CBDC, Citing Systemic Risks
Thomas Jordan, Chairman of the Swiss National Bank (SNB), has voiced his opposition to issuing a retail central bank digital currency (CBDC) to the general public. During an event in…
Elevator Ventures Launches €70M Fund to Boost Fintech Innovation in CEE and DACH
Elevator Ventures, the investment arm of Raiffeisen Bank International, is setting a new benchmark in the venture capital landscape with the launch of its second fund, EV II, amounting to…
