OTP Bank Selects Iliad Solutions in Multi-year Payment Testing Deal
- 2 years 3 weeks ago
- Payments
OTP Bank, a listed retail and corporate bank based in Budapest, Hungary, has selected Iliad Solutions as its payment testing provider in a new multi-year deal.
CFPB Issues Guidance to Rein in Rigged Comparison-Shopping Results for Credit Cards and Other Financial Products
- 2 years 3 weeks ago
- Payments
The Consumer Financial Protection Bureau (CFPB) today issued a
Trading Technologies Closes on ATEO Acquisition
- 2 years 3 weeks ago
- Trading Systems
Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has closed on the acquisition of ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT’s reach into clearing and other middle-office technologies and services. Terms of the transaction were not disclosed.
Appian Partners with Symphony to Enable Compliant Financial Communications and Process Automation
- 2 years 3 weeks ago
- Banking
Appian (Nasdaq: APPN) has partnered with Symphony, the leading markets’ infrastructure and technology platform, to help banks and financial services firms communicate, collaborate, and automate compliantly in a highly competitive and regulated market. The partnership will enable customers to embed auditable, compliance-enabled omnichannel communications on popular platforms into their workflow for increased efficiency and transparency.
Nium Becomes First Global Fintech to Secure Coveted Type 1 Funds Transfer License from Japan's Financial Service Agency
- 2 years 3 weeks ago
- Payments
Nium, the leader in real-time cross-border payments, announced today that it is the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).
Railpen Appoints BNY Mellon To Provide Transformative Data Operating Model
- 2 years 3 weeks ago
- Data Management, Accounting
Railpen, the fiduciary and investment manager of the UK railways’ pension schemes, has appointed BNY Mellon, the global financial services company, to provide a cloud-based data platform that simplifies its data architecture and supports the resilience of its operating model. The platform will deliver greater insights from Railpen’s proprietary data for the purpose of investment reporting and generating analytics.
TerraPay and Banco G&T Continental Forge Strategic Alliance to Revolutionize Cross-Border Remittances
- 2 years 3 weeks ago
- Payments
TerraPay, a global leader in cross-border payments, is pleased to announce a strategic partnership with Banco G&T Continental, a distinguished financial institution in Guatemala. This collaboration marks TerraPay's first direct partnership in Central America and is a significant advancement in the cross-border remittance sector, aimed at providing seamless and innovative solutions for Guatemalans abroad to securely send money to their...
Mastercard and MTN Group Fintech Partner to Drive Acceleration of Mobile Money Ecosystem in Africa Across 13 Markets
- 2 years 3 weeks ago
- Payments
Mastercard and MTN Group Fintech have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy.
Bilt Rewards Announces $200 Million Raise Valuing Company At $3.1 Billion
- 2 years 3 weeks ago
- Fundraising News
Bilt Rewards (“Bilt”), the leading loyalty platform specializing in rent and neighborhood rewards, today announced a $200 million equity investment, led by General Catalyst, with significant contributions by Eldridge, alongside existing investors Left Lane Capital, Camber Creek and Prosus Ventures. This catapults the company's valuation to $3.1 billion.
Airwallex Deepens Global Leadership Team in San Francisco; Expands Presence in New York and Austin
- 2 years 3 weeks ago
- People Moves
Airwallex, a leading global payments and financial platform for modern businesses, today announced the expansion of its global leadership team, with three new hires based out of the company’s Americas headquarters in San Francisco. Jason Gottlieb joins as VP, Financial Partnerships, Hugo Buret as Global Head of Strategic Partnerships, and Ankur Goel as Global Head of Revenue Operations.
Stripe Announces Tender Offer to Provide Employee Liquidity
- 2 years 3 weeks ago
- Payments
Stripe, a financial infrastructure platform for businesses, has signed agreements with investors to provide liquidity to current and former Stripe employees through a tender offer at a $65B (€60B) valuation. While the majority of funds for the tender offer are being provided by investors, Stripe will also use a portion of its own capital to repurchase shares to offset dilution from the Company’s employee equity compensation programs.
FullCircl Launches W2 White Label Identity Verification Platform
- 2 years 3 weeks ago
- Digital Identity
FullCircl, a UK-based SaaS platform that removes the regulatory and verification roadblocks to drive revenue growth, is excited to announce the launch of its first white label orchestration platform through W2 by FullCircl to help regulated businesses onboard more customers and meet regulatory requirements.
Coverdash Announces $13.5M in Series A Funding
- 2 years 3 weeks ago
- Fundraising News
Coverdash, the fastest-growing startup and SMB-focused-insurtech, today announced $13.5M in Series A funding. This financing comes within one calendar year of Coverdash’s oversubscribed Seed round, bringing the company’s total funding to $16M to date.
Clear Junction Joins UK Cryptoasset Business Council to Empower Crypto Ecosystem Growth
- 2 years 3 weeks ago
- Cryptocurrencies
Clear Junction, a global leader in cross-border payments for regulated institutions, has joined the UK Cryptoasset Business Council (UKCBC) to support and empower the growth of the crypto ecosystem.
Tangopay Partners with Currencycloud to Offer Its Clients Remittance Without Boundaries
- 2 years 3 weeks ago
- Payments
Currencycloud, the experts simplifying business in a multi-currency world, has partnered with UK-based Fintech, TangoPay to further enhance its existing remittance service for its UK-based expat customers by adding real-time competitive foreign exchange (FX) rates and additional localized payment options.
