Banks, non-banks, and fintechs have roughly one year to prepare for the forthcoming Payment Services Directive (PSD3), Payment Services Regulation (PSR), and the Financial Data Access framework. (FIDA). These regulatory developments will fundamentally reshape the way these players work operate on a pan-European level, while aiming to level the playing field between banks and non-banks, in particular by giving non-bank payment service providers access to all EU payment systems.

There have never been so many ways to pay for goods and services: we can choose from global card-based brands like Mastercard or Visa, worldwide wallets like PayPal, merchant wallets like Amazon Pay, and mobile wallets like Google Pay or Apple Pay, the latter of which will soon open up NFC payments access to third-party providers. There’s even the option to use the European SEPA instant credit transfer scheme, which now works for online and offline shopping.

Anvilogic, the industry's first multi-data platform SIEM, today announced the close of a $45 million Series C funding round, bringing its total funding to date to $85 million since its founding in 2019. The round was led by Evolution Equity Partners, with participation from existing investors Foundation Capital, Cervin Ventures, Myriad Ventures, Point72 Ventures, Outpost Ventures, Stepstone Group, and G Squared.

Jensten demonstrates continued progress against its strategy with a substantial increase in funding dedicated to future growth. The successful securing of additional funding cements the firm’s commitment to advancing its growth plans throughout 2024 and beyond.

SRM (Strategic Resource Management, Inc.), an independent advisory firm serving financial institutions across North America and Europe, today announced that, through its subsidiary SRM Europe, it has acquired Accourt Payments Specialists, a provider of payments consulting and other strategic services based in the United Kingdom.

Finzly, a leader in innovative payment and financial solutions, today announced a key relationship with EverBank to revolutionize the bank's payment processing system with Payments Galaxy.

Today, Nubank and Mastercard released findings from a study measuring the financial inclusion impact on individuals, including some who have historically been on the margins of the traditional banking system in Brazil.1 The study provides a view of customers' experiences accessing and using financial solutions and tools, and the impact of those experiences on their ability to advance toward financial security and health.

Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced at its annual 2024 Alkami Co: lab conference, the launch of its latest innovation for clients, the SDK Wizard, "Merlin." This strategic tool is revolutionary in the financial services industry, allowing the developer environment to set up and ramp up in minutes compared to days.