Varo Bank Welcomes Rathi Murthy as Chief Technology Officer, Strengthening Commitment to Customer Financial Empowerment
- 1 week 3 days ago
- People Moves
Varo Bank, the first all-digital nationally chartered bank in the U.S., today announced the appointment of Rathi Murthy as its new Chief Technology Officer.
SmartStream Brings AI-Powered Data Management to the Insurance Sector
- 1 week 3 days ago
- Artificial Intelligence
SmartStream, the financial Transaction Lifecycle Management (TLM®) and solutions provider, has announced the expansion of its AI-driven reconciliation and data management platform, SmartStream Air, into the insurance sector. This move aims to help insurers tackle fragmented data challenges, reduce operational costs, and strengthen compliance through robust audit trails.
PNC Bank Launches PNC Mobile Accept®, a New Pay-As-You-Go Payment Processing Solution for Micro Businesses
- 1 week 3 days ago
- Payments
PNC Bank today announced the launch of PNC Mobile Accept®, a fully integrated payment solution that provides its micro business clients with the ability to accept in-person credit and debit card payments directly within the PNC Mobile app.
New Data: Fraudsters Turning to EU and from Traditional Forgery to AI-Generated Docs in 2025
- 1 week 3 days ago
- Artificial Intelligence
New data from a global leader in verification and anti-fraud provider Sumsub shows a dramatic global increase in synthetic identity document fraud from Q1 2024 to Q1 2025. This fraud type, when gen-AI is used to generate totally artificial documents, has increased by 195% globally - showing the continuation of a clear move towards AI-enabled fraud.
Vistra Announces the Completion of Its Acquisition of iiPay
- 1 week 3 days ago
- Infrastructure
Vistra, a leading provider of essential business services that help organizations to invest, grow, and operate efficiently and compliantly across the world, today announces the completion of its acquisition of iiPay. This powerful combination creates one of the world’s most comprehensive global payroll offerings and is a milestone moment for Vistra.
Bonprix and Trustly to Launch New Partnership – Streamlining Payments in the Nordics
- 1 week 3 days ago
- Payments
Fashion company Bonprix, part of the Otto Group, is taking a major step in its digital expansion by entering into a partnership with Trustly. Through this collaboration, Trustly's innovative Account-to-Account (A2A) payment solution will be implemented in Finland, Sweden, and Norway. This enables a faster, smoother, and more secure payment experience for Bonprix's Nordic customers.
Webull UK Partners with Upvest to Offer UK Stocks and ETFs
- 1 week 3 days ago
- Investment
Upvest, Europe’s leading investment infrastructure provider, is today announcing a milestone partnership with Webull UK, a leading online investment platform. Through this strategic partnership, Webull UK end users will be able to access fractional trading in UK stocks and ETFs for the first time via Upvest’s cutting-edge Investment API.
Payment Assist Launches Business Lending Division to Power Automotive Growth
- 1 week 3 days ago
- Lending
Payment Assist, the UK’s leading provider of Buy Now Pay Later (BNPL) and retail finance solutions for the automotive sector, has announced the launch of a business lending division, expanding its offering to include merchant cash advance, business loans, invoice finance and business credit cards.
New Research Reveals Lack of Biometric Payment Authorisation Puts Consumer Trust in Merchants at Risk
- 1 week 3 days ago
- Digital Identity
New research by YouGov commissioned by Checkout.com, a leading global digital payments platform, has found that merchants and financial institutions not offering ID verification and biometric payment authorisation are at risk of losing customer trust.
inDrive Launches First Fully Embedded Pix Payment Experience in Brazil
- 1 week 3 days ago
- Payments
inDrive, a global mobility and urban services platform operating across 48 countries, has introduced seamless Pix via Open Finance payments for its ride-hailing and delivery services in Brazil.
Stripe Acquires Privy to Accelerate the Future of Digital Ownership and Crypto Infrastructure
- 1 week 3 days ago
- Cryptocurrencies
Stripe, a leading financial infrastructure platform for the Internet, today announced the acquisition of Privy, a provider of seamless wallet infrastructure powering over 75 million accounts across more than 1,000 development teams. The acquisition underscores Stripe’s commitment to enabling developers to build next-generation products where crypto and traditional finance converge.
Finastra Enhances KTP Treasury Management Technology
- 1 week 3 days ago
- Treasury
Finastra, a global leader in financial services software, today announced enhancements to its KTP treasury management software. The new functions enable corporate treasurers to execute front-to-back trades fully within the system, as opposed to needing to access multiple tools, driving greater efficiencies including faster time to market, simpler user experience, as well as error reduction.
Payrails Raises $32M Series A to Help Global Enterprises Maximize Payment Performance
- 1 week 3 days ago
- Fundraising News
Payrails, a global payment software company, today announced it has raised $32 million in Series A funding to further its mission of enabling enterprises to take control of their payment operations. The fresh funding will accelerate product innovation, product roadmap expansion and support commercial growth across EMEA to meet surging enterprise demand.
Farsight Raises $16M in Funding, Announces Series A to Automate Financial Workflows and Decision-Making
- 1 week 3 days ago
- Fundraising News
Farsight, the pioneering technology company transforming workflows and insights at financial institutions, today announced its Series A fundraise and $16M in capital raised. Working with leading firms across investment banking, private equity, hedge funds, and wealth management, Farsight empowers companies to automate and customize workflows, seamlessly add integrations, and develop bespoke features tailored to their enterprise-specific...
Greenlight Survey Data Reveals Family Financial Wellness as a Growth Opportunity for Financial Institutions
- 1 week 4 days ago
- Personal Finance
Greenlight®, the fintech company that helps families navigate money and life together, today released new survey data revealing a significant opportunity for financial institutions to drive long-term growth and loyalty by prioritizing family financial wellness.