Newton Property Management has expanded its existing relationship with bank payment company GoCardless by adding Instant Bank Pay, its open banking-powered payment feature, to the Direct Debit functionality it uses already.

Tuum, the leading next-generation core banking provider, today announces that it has appointed David Yates, former CEO and Chairman of UK payment infrastructure provider Vocalink, as its new Chairman.

Pax2pay, the pioneering Virtual Card Issuer specialising in the Travel Sector, is proud to announce a strategic agreement with Diners Club International, a globally recognised brand and part of the Discover Global Network. 

Worldline, a global leader in payment services, has signed a contract with Anadolubank Nederland N.V. for its cloud-based instant payments solution. This partnership will enable Anadolubank to seamlessly comply with the new EU Instant Payments regulation. The five-year agreement signifies a potential path forward for other mid-size banks, aiming to stay compliant while accelerating their digital transformation. 

Mastercard today updated its Consumer Fraud Risk (CFR) solution to increase the ways it helps protect consumers from Real Time Payment scams. The AI-powered insights give more UK banks greater visibility into potentially fraudulent transactions so they can stop scams before they take place.

These scams, known as Authorised Push Payment (APP) fraud – usually sparked by a fictitious website, email, text message or phone call – saw UK consumers defrauded out of £460m ($607m) in 2023 .

Youverse, a leading provider in privacy-preserving biometric solutions, has strengthened its leadership in liveness detection by achieving updated compliance  Level 1 and Level 2 from iBeta Quality Assurance for presentation attack detection  (ISO 30107) with a 0% False Acceptance Rate (FAR) under more than thousands challenging spoofing attempts. This accomplishment reinforces Youverse's commitment to providing secure and reliable identity verification solutions. 

Firstsource Solutions Limited, a leading global provider of specialist domain-led Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, has acquired Ascensos, a leading UK-headquartered customer experience outsourcing partner for retail and eCommerce businesses.

Backbase, the creator of the Engagement Banking Platform, announced today a strategic partnership with OneAZ Credit Union to modernize the credit union’s technology architecture. Through Backbase’s platform, OneAZ will deliver a simplified and streamlined banking experience, expanding beyond financial service offerings to include insurance, real estate and other lifestyle-related offerings – creating a one-stop-shop for its members.