Airwallex Expands Payment Acceptance to the U.S., Cementing Its Position as a Leading One-Stop Financial Platform for Borderless Businesses
- 2 years 2 months ago
- Payments
Airwallex, a leading global payments and financial platform for modern businesses, today announced the U.S. launch of its payment acceptance solution. U.S.-based merchants can use the service to accept payments from domestic and international customers. Additionally, foreign merchants with U.S. entities can provide a localized payment experience to their U.S.-based customers, unlocking higher acceptance rates and lower operating costs.
Zumo Joins Forces with Crypto Carbon Ratings Institute (CCRI) to Combat the Carbon Footprint of the New Wave of Crypto Funds
- 2 years 2 months ago
- Infrastructure
Zumo, the B2B digital assets infrastructure prioritising compliance and sustainability, today announces a new strategic partnership with Crypto Carbon Ratings Institute (CCRI), which provides data on the carbon exposure of investments and business activities related to blockchain.
Standard Chartered Joins Forces with Visa to Enhance Cross-border Payments
- 2 years 2 months ago
- Payments
Standard Chartered today announced that it has joined Visa B2B Connect, a multilateral payment network that enables faster and frictionless account-to-account cross-border payments for its corporate clients.
Traydstream Appoints Stephan Hufnagl as New Chief Technology Officer
- 2 years 2 months ago
- People Moves
Traydstream, a leading provider of innovative trade finance solutions, is delighted to announce the appointment of Stephan Hufnagl as its new Chief Technology Officer (CTO). Stephan brings a wealth of experience from his tenure at Microsoft, Google and other engineering companies. His appointment marks a significant milestone in Traydstream’s journey towards technological excellence and innovation.
Former Tesla Fintech Head Spins Off Aspiration's Consumer Financial Brand to Serve Growing Demand for Climate-Friendly Financial Products
- 2 years 2 months ago
- Infrastructure
In response to the growing demand for climate-friendly financial services, fintech and sustainability industry veteran Tim Newell has reached an agreement with climate finance company Aspiration Partners, Inc., to spin off Aspiration's green consumer financial services brand into a new standalone company.
FICO UK Credit Card Market Report: February 2024
- 2 years 2 months ago
- Credit Cards
The FICO UK Credit Card Market Report for February 2024 presents a mixed picture on consumer confidence and financial pressures. There was an uptick in spending after the usual seasonal dip in January and the number of people missing one and two payments fell. However, payments to balance fell by 3.6% compared to February 2023 and the average balance is higher than the previous month and previous year. Highlights
Travelex Launches Bank Partnerships Across Japan
- 2 years 2 months ago
- e-Payments
Travelex, a market-leading foreign exchange brand, has launched an FX affiliate referral programme with over 60 local banks across Japan, with over 30,000 of these banks’ customers having subsequently benefited from access to travel money since the programme’s launch late last year.
UK Banks Urged to Act Now Ahead of New Cross-border Payments Legislation to Prevent Exclusion from International Payment Networks
- 2 years 2 months ago
- Payments
With just over 18 months to go until the ISO 20022 compliance deadline, leading Quality Engineering company, Roq, is urging UK financial institutions to take the necessary measures now to finalise their plans and focus on the execution of a programme that is, by all published metrics, some way behind the curve.
Duco Appoints Josh Monroe as Chief Revenue Officer
- 2 years 2 months ago
- People Moves
Duco, the leading enterprise platform for data automation, today announced the appointment of Josh Monroe as Chief Revenue Officer. Based in New York, Josh brings a wealth of experience to the role and reports directly to Michael Chin, Duco’s Chief Executive Officer. Josh will lead Duco’s Revenue organization, overseeing global sales, account management, marketing, customer success, solution engineering, and partnerships as the company continues...
Brightwell Launches Cross-Border Payments Platform Latitude to Revolutionize the Reimbursement Process
- 2 years 2 months ago
- Payments
The cross-border payments space is experiencing exponential growth and is projected to reach $365 billion, globally, by 2032 with a 7.3% compound annual growth rate according to a recent report by
Zilch Selects Amazon Web Services to Accelerate AI Innovation
- 2 years 2 months ago
- Artificial Intelligence, Machine Learning
Zilch, the world’s first ad-subsidised payments network (ASPN), announces today that it has extended its collaboration with cloud provider Amazon Web Services (AWS) to accelerate the rollout of Artificial Intelligence (AI) innovation across the Zilch proposition.
ComplyAdvantage Acquires Golden, Expanding Financial Crime Intelligence Offering
- 2 years 2 months ago
- RegTech
ComplyAdvantage, a leader in financial crime intelligence, today announced its acquisition of Golden (Golden Recursion Inc). Golden is a San Francisco-based innovator automating the construction of one of the world’s largest knowledge graphs, which shows interconnected data points and their relationships for the purpose of analyzing complex information.
Nium and Thredd Expand Partnership to Power B2B Travel Payments in APAC
- 2 years 2 months ago
- Payments
Nium, the global leader in real-time cross-border payments, today announced the expansion of its partnership with Thredd, a leading global payments processor, to issue virtual cards in the Asia Pacific (APAC) region.
Hitachi Payment Services Launches India's First Upgradable ATM
- 2 years 2 months ago
- ATMs
Hitachi Payment Services, India’s leading payments and commerce solutions provider, today announced the launch of the country’s first Upgradable ATM. The Upgradable ATM can be transformed into a high-performance Cash Recycling Machine (CRM) at any point of time. Manufactured under the Make in India initiative, these new Upgradable ATMs provide more flexibility and efficiency to banks.
Encompass Corporation Appoints Seasoned Executive Stuart Barnard as First Chief Financial Officer
- 2 years 2 months ago
- People Moves
Encompass Corporation, the leader in Corporate Digital Identity (CDI), has appointed seasoned finance executive Stuart Barnard as its first Chief Financial Officer (CFO).
