Vision Bank Becomes Operational With Finastra’s Cloud-Native Islamic Banking Treasury Solution

• 1 year 4 weeks ago
• Islamic Finance

Finastra today announced that the successful implementation of Finastra Kondor and cloud-based managed services provided by DXC Technology, a leading Fortune 500 global technology services provider, enabled Vision Bank, a Sharia-compliant, digital bank in Saudi Arabia, to launch the pilot phase of its banking operations.

Viva.com Rolls Out Tap To Pay On iPhone To Five More Countries

• 1 year 4 weeks ago
• Payments

Viva.com, the 1st Tech Bank in Europe for businesses, enables Tap to Pay on iPhone in Bulgaria, Finland, Hungary, Poland, and Portugal. With just an iPhone and Viva.com's Terminal iOS app, local businesses can seamlessly and securely accept all forms of contactless payments - including contactless credit and debit cards, Apple Pay, and other digital wallets.

Temu Expands Partnership With Checkout.com To Enhance Digital Payments Experience For Online Shoppers

• 1 year 4 weeks ago
• Payments

Global online platform, Temu, known for offering value-for-money products, has expanded its strategic partnership with digital payment provider Checkout.com to improve how customers pay for their orders. Checkout.com has been working with Temu since its launch in 2022, helping process payments worldwide. 

Capital On Tap Selects GoCardless For Variable Recurring Payments

• 1 year 4 weeks ago
• Payments

Capital on Tap, a leading all-in-one small business credit card and spend management platform, has selected bank payment company GoCardless to provide Variable Recurring Payments (VRPs) through its open banking feature, Instant Bank Pay. This expands a relationship which began in 2014, when Capital on Tap first selected GoCardless for Direct Debit.  

‘Synthetic Fraud’ Reaches Record Levels

• 1 year 4 weeks ago
• Fraud Detection

New insights from Experian today reveal the rise of ‘synthetic fraud’ in the UK. Analysis of confirmed fraudulent and potentially fraudulent credit applications shows that there was an increase of 60% in false identity cases in 2024 when compared to 2023, with the cases now making up nearly a third (29%) of all identity fraud cases.

World’s First Online Card-Present Transaction Marks A Major Milestone In The Evolution Of Payments

• 1 year 4 weeks ago
• Payments

An historic milestone will be achieved, where payment executives from around the globe have gathered to witness the world’s first online card-present payment. This groundbreaking advancement brings tap and PIN—the globally familiar, simple, and universally trusted way to pay—into the online world for the first time, marking a pivotal moment in the evolution of payment technologies.

Guavapay UK Appoints Guy Noble As New CEO To Drive Next Phase Of Growth

• 1 year 4 weeks ago
• People Moves

Guavapay, a leading provider of end-to-end payment solutions headquartered in London, UK, announced the appointment of Guy Noble as its new Chief Executive Officer (CEO)- Guavapay UK. With an extensive background in the financial services and fintech sectors across the globe, Guy will lead the company into its next phase of global expansion, product innovation and market leadership.

Jack Henry And Moov To Implement Mastercard Move To Enable Fast, Seamless Domestic Payments

• 1 year 4 weeks ago
• Payments

Jack Henry™ announced today an extended collaboration with Mastercard to offer Mastercard Move, Mastercard’s portfolio of money transfer solutions, through Jack Henry Rapid Transfers™, a cloud-native service that will enable near-real time* money movement. This includes account funding and a variety of payment use cases in the United States via the Mastercard network.

Cash App Begins Rollout Of Afterpay’s Pay Over Time Offering At Hundreds Of Thousands Of Merchants

• 1 year 4 weeks ago
• Lending

Starting this week, eligible Cash App customers will begin to have access to Afterpay’s leading pay over time products when shopping online at partner merchant sites. In recognition of this change, Cash App and Afterpay, part of Block, Inc., have debuted an evolved brand, Cash App Afterpay, with a new logo for their checkout to expand access to a seamless Pay Over Time experience from one of the most preferred and trusted brands in the market...

OakNorth Deepens Support For US Lower Mid-Market Businesses With Acquisition Of Michigan-Based Community Unity Bank

• 1 year 4 weeks ago
• Banking

OakNorth, the leading commercial digital bank for entrepreneurs by entrepreneurs, today announces that it has agreed to purchase Community Unity Bank (CUB), the home-grown, FDIC-insured community bank based in Birmingham, Michigan, in a stock for stock transaction. The acquisition, which is subject to regulatory approval, follows authorization which OakNorth received in August 2024 from the Federal Reserve and the New York State Department of...

Neurodiversity Celebration Week: Ecommpay Commits To Neurodiversity Training

• 1 year 4 weeks ago
• Infrastructure

Committed to a holistic approach to diversity and inclusivity, global payments platform, Ecommpay, has announced plans to run neurodiversity awareness training for all employees, partners and clients as it marks 

Viamericas Expands Global Presence With New Office In The Philippines

• 1 year 4 weeks ago
• Infrastructure

Viamericas, a leading provider of remittance and international money transfer services, is proud to announce the opening of its new office in the Philippines. This expansion underscores Viamericas’ commitment to the Filipino market and also serves as a pivotal step in its broader strategy for growth across Asia and Asia-Pacific (APAC) regions.

Trust & Will Secures Over $25M In Series C To Expand The Nation's Leading Estate Planning Platform

• 1 year 4 weeks ago
• Fundraising News

Visa And MISA Collaborate To Empower Vietnamese Businesses Through Digital Payment Solutions

• 1 year 4 weeks ago
• Payments

Visa, a world leader in digital payments, and MISA, a provider of digital transformation solutions for finance, accounting, and enterprise management, announced a strategic collaboration to empower Vietnamese businesses through comprehensive digital payment solutions. This collaboration marks a significant step towards accelerating digital transformation within Vietnam's business community, fostering greater financial inclusion and operational...

Kraken Introduces Colocation Service For Institutional And Individual Clients, Enabling Ultra-Low Latency Trading

• 1 year 4 weeks ago
• Cryptocurrencies

Kraken, one of the longest-standing, most liquid and secure cryptocurrency exchanges, has announced plans for its new colocation service, aimed at clients and partners seeking ultra-fast execution. The service is designed to further enhance trading performance and scalability, while maintaining fair and transparent access to Kraken’s global crypto markets.