Three De Novo Banks in the Southeastern U.S. Grow With Jack Henry
- 2 years 2 months ago
- Banking
Jack Henry™ is pleased to share that Craft Bank, RockPointBank, and Moultrie Bank & Trust have experienced significant growth in recent years, powered by Jack Henry's modern and open technology platform.
The Federal Reserve Board Fined Green Dot $44 Million for Unfair Practices and Poor Consumer Compliance Management
- 2 years 2 months ago
- Compliance
The Federal Reserve Board on Friday took action to address consumer compliance breakdowns by Green Dot, fining the firm $44 million for numerous unfair and deceptive practices and a deficient consumer compliance risk management program.
Klarna Combines Sofortüberweisung With Klarna Payments to Bring Customers and Merchants the Best of Both Worlds
- 2 years 2 months ago
- Payments
Klarna, the AI-powered global payment network and shopping assistant, today announced the integration of Sofortüberweisung into the Klarna environment. With this, Klarna consolidates two well-known services: The Sofortüberweisung function will from now on be available as part of the Klarna Pay Now product range. The aim is to increase the security of the checkout process for both consumers and merchants and to optimize user-friendliness....
Airwallex EMEA Sees Strong Momentum With 152 Percent Revenue Increase YoY
- 2 years 2 months ago
- Infrastructure
Airwallex, a leading global payments and financial platform for modern businesses, continues to scale rapidly in the region, with a 152 percent increase in revenue year-on-year (YoY*) across Europe, Middle East and Africa (EMEA). It also grew its transaction volume YoY by 125 percent, amid a challenging macroeconomic environment for the fintech sector.
Finbee Verslui Raises 35 Million EUR Investment to Focus on Business Financing in Lithuania
- 2 years 2 months ago
- Fundraising News
European investor Pollen Street Capital invests 35 million EUR in alternative lender Finbee Verslui. This investment will enable more than 1,500 businesses to be financed faster and on more favorable terms than before. Lending faster and on better terms
BBVA Signs an Agreement With Telefónica Tech to Boost Cybersecurity on a Global Scale
- 2 years 2 months ago
- Cybersecurity
Ozone API Launches a Guide to the UK’s Latest Open Banking Standards
- 2 years 2 months ago
- Open Banking
Global open banking leader Ozone API has launched a guide to the OBL’s updated UK open banking standards to support CMA9 banks, non-CMA-9 stakeholders and third-party providers (TPPs) through the transition.
Global Relay Announces Integration With OpenAI's ChatGPT Enterprise Compliance API
- 2 years 2 months ago
- Artificial Intelligence
Global Relay, the leading provider of communications compliance solutions for regulated industries, announces its integration between OpenAI’s ChatGPT Enterprise Compliance API and Global Relay’s financial compliance platform.
BBMSL Partners With PayMe by HSBC to Enhance Payment Options for Hong Kong Customers
- 2 years 2 months ago
- Payments
BBMSL, a leading payment solutions provider in Hong Kong, announced a strategic collaboration with PayMe by HSBC today, becoming a payment acquirer for one of the territory's most popular digital wallets. This partnership allows BBMSL's merchants to provide PayMe as a secure and convenient payment option for their customers.
Ingenico Appoints Anushka Weeratunga as Regional Managing Director in APAC Region
- 2 years 2 months ago
- People Moves
Ingenico, the global leader in payment acceptance and services, is pleased to announce the appointment of Anushka Weeratunga as its Regional Managing Director in APAC and a member of the Executive Committee, effective immediately. Anushka, who served as Country Business Leader for the Pacific, has been a driving force of Ingenico's business growth in the Pacific region over the past three years.
Ace Money Transfer Achieves 40% Growth in Remittances With Trustly’s Pay by Bank
- 2 years 2 months ago
- Money Transfers
The partnership between leading international financial service provider ACE Money Transfer and Trustly, the global open banking payments leader, has provided customers with a smoother and more cost-effective personalized remittance experience through competitive exchange rates, low transfer costs, and enhanced security on remittances.
Financial Services Data Intelligence Platform Bud Chooses Vilnius as European Hub
- 2 years 2 months ago
- Infrastructure
After receiving the Account Information Service (AIS) Provider license, the financial data intelligence platform Bud Financial (Bud) is expanding its team in Lithuania. Established in Vilnius last year, Bud’s Lithuanian office will become one of the company’s hubs for technical and risk roles, powering its growth in the region and across Europe.
The Travel Industry’s Payment Dilemma: Offering Seamless Booking Solutions for Modern Travelers
- 2 years 2 months ago
- Payments
In an era where convenience is critical, the travel industry faces significant challenges in meeting consumer expectations around online payments. FinMont, a global payment orchestration platform, has recently shed light on these challenges through a comprehensive survey of European travellers’ online travel booking habits. The findings highlight substantial gaps and opportunities in the current payment processes of travel companies, pointing to...
iDenfy Launches a New AI-Powered Utility Bill Verification Tool
- 2 years 2 months ago
- AML and KYC
iDenfy, a Lithuania-based identity verification and fraud prevention software provider, has launched its new automated utility bill verification solution. This innovative tool is designed to enhance the efficiency and accuracy of the proof of address (PoA) process, as well as provide businesses with a powerful tool to ensure anti-money laundering (AML) and Know Your Customer (KYC) compliance.
Airwallex Becomes First Payments Company to Obtain AFSL for Expansion into Retail Investment Products
- 2 years 2 months ago
- Payments
Airwallex, the Australia-founded leading financial platform for modern businesses, has become the first major payments company to be granted an Australian Financial Services Licence (AFSL) by the Australian Securities and Investment Commission (ASIC) to offer businesses access to retail investment products. This is an additional licence from the AFSL that Airwallex has held for its existing payments and foreign exchange business since 2016.
