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Peach Payments acquires custom software development firm Operativa

Digital payments service provider Peach Payments has acquired customer software development firm Operativa as a going concern. The acquisition was the first by Peach Payments since closing a €29M/US$30M funding round, l...

Three in ten adults have been a victim of financial fraud

As fraud rates continue to rise, nearly all adults in the UK (94%) now say they are taking additional steps to avoid falling victim to scams, according to new research from global fraud and financial crime prevention...

Paradigm announces third fund of US$850 million focused on crypto projects 

Matt Huang, Co-founder and Managing Partner at Paradigm.  Paradigm has raised our third fund: an US$850M venture fund focused on crypto projects at the earliest stages.  When we founded Paradigm in 2018, we...

Almost 90% of Klarna staff are using AI daily and is a ‘game changer for p...

Klarna, the AI-powered global payments network and shopping assistant, has announced another milestone in its advanced adoption of AI technologies:  “We push everyone to test, test, test and explore,” said Sebastian Siem...

Airwallex Hong Kong increases local customer base by nearly 80% amid growing...

Airwallex, a leading global payments and financial platform for modern businesses, saw robust customer growth in Hong Kong, with its transacting customer base increasing by 79% YoY in the first quarter of...

Swiss National Bank and SDX extend CBDC project for two more years 

The Swiss National Bank (SNB) and the SIX Digital Exchange (SDX) have announced that they will extend their exploration of wholesale central bank digital currencies (CBDCs) for an additional two years. This extension...

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