Compliance and fraud prevention platform Sumsub has teamed up with digital asset infrastructure solutions provider Fireblocks to provide Travel Rule compliance.
The Travel Rule is a regulation mandated by the Financial Action Task Force (FATF) designed to fight money laundering and terrorist financing. The rule requires financial institutions and Virtual Asset Service Providers (VASPs) to share specific information about the sender and receiver of funds during certain transactions....
- Data, analytics, and technology company Equifax unveiled Credit Abuse Risk, a new solution to help lenders fight first-party fraud.
- The new offering leverages machine learning to identify common first-party fraud tactics such as credit washing and loan stacking.
- News of Equifax's Credit Abuse Risk predictive model comes on the heels of the launch of the company's Synthetic Identity Risk tool. The solution empowers institutions to identify when fraudsters are using fake identities to...
The countdown is on! FinovateEurope 2026 lands in London on February 10 through 11 at the InterContinental O2 in London, and the global fintech community is gearing up for one of the year’s most engaging events.
The two-day conference will feature more than 1,000 senior decision-makers, including bankers, investors, founders, and fintech leaders as they uncover what’s next in fintech and banking. You'll see over 20 live demos of cutting-edge technology with 100+ expert speakers...
- Varo raised $123.9 million in a Series G round led by Warburg Pincus and Coliseum Capital.
- The bank will use the investment to scale its chartered banking and lending platform.
- Alice Milligan, former chief marketing officer at Morgan Stanley, and Kevin Watters, former division chief executive officer at JPMorgan, have joined Varo's Board of Directors.
Digital challenger bank Varo landed $123.9 million in financing this week. The Series G round, which boosts Varo's total...
Welcome to the first week of February! Both FinovateEurope and Valentine's Day are just around the corner, and there's lots to love about this week's fintech news headlines. Below, we’ve aggregated the top news in fintech for the week. We’ll continue to add more announcements as the week progresses.
Payments
Payments platform PPRO and Southern European Buy Now, Pay Later (BNPL) solution provider Scalapay announce partnership.
