ConnexPay More Than Doubles Client Base since $110 Million Investment
- 2 years 8 months ago
- Payments
In the 12 months following its $110 million growth equity investment, ConnexPay, the first payments company to unify B2B payments, both pay in and pay out, inside a single platform, has achieved significant growth. Notably, ConnexPay has doubled its customer base, with clients across six continents. International Expansion
wefox Launches New Brand Claim “Empowering Insurance”
- 2 years 8 months ago
- Insurtech
wefox, the Berlin-based insurtech, is launching a new brand claim: “wefox Empowering Insurance”. The new brand claim defines the company’s unique position as more than just an insurance company. It paves the way for wefox to also provide a wide range of tech-enabled insurance solutions.
Demand for Cross-Border Payments Projected to Accelerate over Next 12 Months
- 2 years 8 months ago
- Data
As a growing number of people move overseas for jobs that allow them to better support their families, remittances and cross-border payments play a key role of getting their money where they want it to go. Mastercard’s 2023 borderless payments report shines a light on some of the challenges associated with cross-border payments and potential opportunities to address them.
BNPL Platform Tabby Secures $200M in Series D Funding Led by Wellington Management
- 2 years 8 months ago
- Fundraising News
Buy now, pay later platform Tabby has secured $200 million in Series D funding at a $1.5B valuation, making it the Mena region's first fintech unicorn head of a planned IPO in Saudi Arabia. The $200M equity round was led by Wellington Management with participation from Bluepool Capital in addition to existing investors STV, Mubadala Investment Capital, Arbor Ventures and PayPal Ventures.
Nine in Ten Nordic Consumers Use Contactless as Cash Continues Decline
- 2 years 8 months ago
- Personal Finance
Nordic countries continue to lead the world in their adoption of cashless payment methods, according to new data from
TS Imagine Launches Best Execution Module and Analytics Dashboard to Streamline Compliance within TS One and TradeSmart OEMS
- 2 years 8 months ago
- Compliance
TS Imagine, the leading global, cross-asset provider of real-time trading, portfolio, and risk management solutions for financial institutions, today announces the availability of a module within TradeSmart OEMS and TS One that streamlines Best Execution compliance and reporting. The module and analytics dashboard provides provide traders with a comprehensive view of their trading activity, real-time comment capture and best execution reporting.
Two Thirds of UK Investors Comfortable Using AI for Investment Advice
- 2 years 8 months ago
- Investment Management
The majority of UK investors are comfortable with AI being used in the investment process, according to Avaloq, a global leader in digital banking solutions and wealth management technology. That includes more than two thirds (69%) of investors who would accept AI support in providing investment advice.
BMLL Awarded ISO 27001 Certification
- 2 years 8 months ago
- Data
BMLL Technologies Limited, the leading independent provider of Level 3 Historical Data and Analytics for the world's most sophisticated Capital Markets Participants company, today announced it has been awarded the ISO 27001 certification.
JCB Expands Partnership with Stripe to Boost e-Commerce Merchant Acceptance in Europe, Singapore and Hong Kong
- 2 years 8 months ago
- PaaS
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., and Stripe, a financial infrastructure platform for businesses, today announced that they will expand partnership for Europe, Singapore and Hong Kong. The collaboration will provide new growth opportunities for all of Stripe's e-commerce merchants in those areas by welcoming JCB's valued cardmembers.
Over Half of SMEs Owners Have a “Good Understanding” of AI – But Major Barriers to Adoption Still Exist
- 2 years 8 months ago
- Infrastructure
New data from small business lender iwoca reveals that while more than half of SME owners (55%) feel they have a good understanding of AI, the majority are nervous about how it will impact their business.
Rebel Energy Expands Relationship with GoCardless, Using Payments as a Tool to Transform the Energy Sector
- 2 years 8 months ago
- Payments
GoCardless, the bank payment company, is expanding its relationship with challenger energy supplier Rebel Energy to shake up the energy industry with a new approach to payments and customer experience.
Payhawk Becomes a Principal Member of Visa Europe
- 2 years 8 months ago
- Payments
Today Payhawk, a global spend management platform, announces that it has become a principal member of Visa, a world leader in digital payments. For Payhawk, this will further its mission to simplify business payments, by accelerating new product innovation and enabling even greater service reliability and resilience for its customers.
Mangopay Granted UK e-Money License
- 2 years 8 months ago
- Payments
Mangopay, a platform-specific payment infrastructure provider, today announces that it has been authorised by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI). The new e-money license from the FCA is a key requirement for Mangopay to provide its suite of services to UK-based businesses and is a testament to the company’s strategic commitment to expanding its operations in the UK.
Global Payments Enables Tap to Pay on iPhone for Merchants in Taiwan
- 2 years 8 months ago
- e-Payments
Global Payments, Inc., a leading worldwide provider of payment technology and software solutions, today enables Apple's Tap to Pay on iPhone contactless payment acceptance technology for merchants in Taiwan, empowering merchants of all sizes to accept contactless payments securely and seamlessly using only an iPhone and the TapPay iOS app, no additional hardware needed.
Alibaba Cloud Launches Tongyi Qianwen 2.0 and Industry-specific Models to Support Customers Reap Benefits of Generative AI
- 2 years 8 months ago
- Cloud
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced the launch of Tongyi Qianwen 2.0, its latest large language model (LLM), along with new industry-specific models at its annual flagship tech event Apsara Conference. This release signifies significant progress in Alibaba Cloud's pursuit of cutting-edge AI innovation and its ongoing commitment to fuelling digital transformation in businesses.
