New Peer Data Helps Banks Measure AI ROI
- 1 year 1 week ago
- Artificial Intelligence, Banking
Glia, the leader in unified AI and human interactions, today announced Cortex AI Benchmarks, a new reporting dashboard that enables Glia customers to measure Customer AI and Agent AI performance metrics—and, importantly, how their performance compares t
Klarna Accelerates Global Momentum in Q1 2025 and Unlocks Large Gains from AI Innovation
- 1 year 1 week ago
- Payments
Klarna, the AI-powered global payments and commerce network, today announced its Q1 2025 results, unveiling consumer milestones, surging market traction, and exceptional returns from its bold AI strategy.
Standard Chartered Appoints Jennifer Lassiter as Head of Digital Assets for Europe and Americas
- 1 year 1 week ago
- People Moves
Standard Chartered today announces the appointment of Jennifer Lassiter as Head of Digital Assets, Europe and Americas, based in New York City. Jennifer joined the Bank on 5 May 2025, reporting to Rene Michau, Global Head of Digital Assets.
$TRUMP Token Becomes a True Currency on PDX Beam Payments Platform
- 1 year 1 week ago
- Cryptocurrencies
PDX Global, a digital payments technology developer for the crypto economy, today announced that PDX Beam—its proprietary crypto-to-cash payments platform for consumers and merchants—now hosts and supports OFFICIAL TRUMP, the $TRUMP token. It is one of the crypto tokens on the Beam platform that can be used for merchant payments and is instantly convertible to cash.
Research Reveals 2 in 5 Brits Have Used BNPL Services as Government Unveils New Rules
- 1 year 1 week ago
- Lending
The popularity of buy now, pay later (BNPL) in the UK shows no signs of slowing down and it continues to attract new users, as 1 in 8 Brits (13%) used BNPL services for the first time in 2024 - an estimated 6.8 million people - according to research from personal finance site Finder.
Capital One Completes $35.3 Billion Acquisition of Discover, Creating Largest U.S. Credit Card Issuer
- 1 year 1 week ago
- Payments
Capital One Financial Corporation today announced that it has completed its acquisition of Discover Financial Services.
CrediLinq Raises $8.5M Series A to Accelerate B2B Embedded Finance Growth
- 1 year 1 week ago
- Fundraising News
CrediLinq, the AI-powered embedded finance platform that is revolutionizing access to growth capital for underserved digital-first SMEs globally, announced today the close of its USD $8.5 million Series A funding round. The round was led by OM/VC and MS&AD Ventures. New investors include Citi North America and Rustem Family office. Returning investors include 500 Global, Epic Angels, 1982 VC and Big Sky Capital.
Qardy Breaks New Ground as First Egyptian Fintech to Launch Publicly via CPME SPAC
- 1 year 1 week ago
- Lending
Qardy, Egypt’s pioneering digital lending marketplace, is thrilled to announce that it is set to be acquired by Catalyst Partners Middle East (CPME) through a landmark Special Purpose Acquisition Company (SPAC) acquisition, valued at approximately EGP 1.16 billion (USD 23.15 million). This proposed transaction represents Egypt’s first-ever SPAC acquisition, positioning Qardy to become the nation's inaugural fintech startup to go public via this...
Bibby Financial Services Secures £700M Facility to Enhance SME Financing in the UK
- 1 year 1 week ago
- Fundraising News
International SME financier, Bibby Financial Services (BFS), has renewed its securitisation arrangement for three years, boosting its funding capacity to improve access to finance for UK businesses. The refinance deal has been agreed with lenders including Lloyds, HSBC UK Bank PLC, Bayern LB and with participation of funds under the management of Insight Investment.
Finastra to Sell Treasury and Capital Markets Division to Apax Funds
- 1 year 1 week ago
- Treasury
Finastra, a global provider of financial software applications, and funds advised by Apax Partners LLP ("Apax"), a leading global private equity advisory firm, today announced that they have entered into an agreement under which Finastra intends to sell its Treasury and Capital Markets ("TCM") business unit to an affiliate of Apax. Upon completion of the transaction, TCM will be rebranded and operated as a standalone business.
eToro Partners with Generali to Launch PER and Life Insurance Offer in France
- 1 year 1 week ago
- Insurtech
eToro, the trading and investing platform, announces today a partnership with Generali, a major player in the French life insurance market, to offer its users in France a life insurance contract and a PER (Plan d’Épargne Retraite) to its users in France. The announcement follows the opening of eToro’s local subsidiary in France, eToro Patrimoine.
Embedded Financing Boosts SMB Growth by Up to 50%, YouLend Data Reveals
- 1 year 1 week ago
- Infrastructure
New data from global embedded finance leader YouLend reveals that small and medium-sized businesses (SMBs) that received financing through its e-commerce, payments and technology partners grew sales by up to 25-50%, on average, in the six months following funding. With over 300,000 businesses funded worldwide, YouLend demonstrates how fast, flexible capital can be a powerful driver of growth for entrepreneurs.
Over a Third of Global Consumers Use AI to Shop, a 47% Increase on 2024 Numbers Shows Adyen’s Research
- 1 year 1 week ago
- Personal Finance
Adyen, the global financial technology platform of choice for leading businesses, today published its 2025 Annual Retail Report that finds there’s been a 47% surge in people using AI to shop. In a poll of 41,000 consumers across 28 countries, more than one in ten (12%) said they had used AI for the first time over the past 12 months to help them with their shopping experience. And an impressive 55% of people said they would be open to making...
MeaWallet Supports Central Cooperative Bank in Launching Click to Pay Push Provisioning for Mastercard and Visa
- 1 year 1 week ago
- Payments
MeaWallet, a leading digital payments enabler specialising in card tokenization, proudly announces its support for Central Cooperative Bank in launching Click to Pay push provisioning functionality for its customers.
Booking.com Advances Corporate Payments with Broadridge’s Service for Swift SCORE+, Enabling Real-Time Tracking and Efficiency
- 1 year 1 week ago
- Payments
Broadridge Financial Solutions, Inc. , a global Fintech leader, today announced the successful live implementation of Swift SCORE+ services for Booking.com, achieving a milestone in advancing corporate payment connectivity, transparency, and efficiency. The Broadridge services operate through its established infrastructure that includes frictionless Swift API connectivity and end-to-end transaction lifecycle management.
