Tag: fintech

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Worldline Divests Swedish Payments Platform CoreOrchestration

Strategic move enhances Worldline's market focus in payments.Highlights: Worldline announces the sale of its CoreOrchestration platform.This divestment aims to streamline operations and focus on...

Airwallex Secures $330 Million in Funding, Hitting $8 Billion Valuation

Groundbreaking funding round strengthens Airwallex’s position in the fintech sector.Highlights: Airwallex raises $330 million in a new funding round.The company’s valuation now stands at...

Visa Relocates European Headquarters to Canary Wharf

Major move to enhance its strategic presence in the UK financial hub.Highlights: Visa's new HQ aims to strengthen its UK operations.The relocation highlights Canary...

Cloudflare Experiences Second Outage This Month: Impact on Fintech Services

Repeated downtime raises concerns over reliability in online financial services.Highlights: Cloudflare faced a significant outage affecting various services.This marks the second disruption within a...

Ransomware Payments Surge by 77% in 2023 Before Declining in 2024

FinCEN reports a dramatic rise in ransomware payments, impacting industry stakeholders.Highlights: Ransomware payments increased by 77% in 2023, according to FinCEN.The total amount paid...

Coinstar Partners with Lithic for Seamless Currency Conversion Solutions

Revolutionizing how cash transactions transition to digital currencies.Highlights: Coinstar and Lithic partner to enhance currency conversion.Users can now easily convert cash to digital currency.Partnership...