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Acquired.com Announces The Appointment Of Ex-Stripe Senior Leader As Chief Operating Officer

Acquired.com, the next generation payments business powering recurring commerce, today announces the appointment of Lee Clifton as Chief Operating Officer.

Monday, January 20, 2025 - 08:54
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/news/people-moves/acquiredcom-announces-appointment-ex-stripe-senior-leader-chief-operating-officer
Financial IT
How Blue Monday Affects Business Spending: Late Payments Identified As The Top Cause Of Cash Flow Issues For UK SMEs

Late invoices are the primary culprit for causing cash flow problems for businesses according to two fifths (41%) of UK small and medium-sized enterprises (SMEs) while making sure the bills are paid was an issue for a third (32%) and having access to emergency cash (21%) was also top of the list. That’s according to Allstar, one of the UK’s leading business, EV and fuel expense payment companies, which researched the issues plaguing the nation’s small businesses.

Monday, January 20, 2025 - 08:25
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/news/payments/how-blue-monday-affects-business-spending-late-payments-identified-top-cause-cash-flow
Financial IT
Five Payment Trends In Emerging Markets For 2025
While most countries across South-East Asia, the Middle East, Africa and Latin America have Real-Time Gross Settlement (RTGS), Automated Clearing House (ACH) and Instant Payment Systems (IPS) in place, they recognize the importance of keeping up with the rapid pace of change in the international payments landscape. Central banks and financial market infrastructure providers are looking to deliver increased efficiencies and cost savings, as well as improved payments accessibility, security and financial inclusion for all.
Friday, January 17, 2025 - 15:32
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/blog/paymenttrends2025-emergingmarkets/five-payment-trends-emerging-markets-2025
Financial IT
Eastnets Satisfies Requirements For The EU Digital Operational Resilience Act (DORA)

Eastnets, a global leader in compliance and payments solutions, announces that it satisfies the requirements of the EU’s Digital Operational Resilience Act (DORA), ensuring readiness ahead of its enforcement on January 17, 2025.

Friday, January 17, 2025 - 15:27
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/news/compliance/eastnets-satisfies-requirements-eu-digital-operational-resilience-act-dora
Financial IT
FactSet Launches AI-Powered Pitch Creator

FactSet, a global financial digital platform and enterprise solutions provider, today announced the launch of Pitch Creator, a groundbreaking GenAI-powered solution designed to revolutionize pitchbook creation for investment banks. By automating the time-consuming tasks of model analysis and presentation building, FactSet Pitch Creator can reduce hours of manual work into minutes, creating the productivity gains necessary for junior bankers to prioritize high-impact strategic initiatives that drive new business opportunities.

Friday, January 17, 2025 - 15:22
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/news/artificial-intelligence/factset-launches-ai-powered-pitch-creator
Financial IT
Eligible Synchrony Mastercard Customers Now Have Access To The Pay Later Feature Of Apple Pay

Synchrony , a premier consumer financial services company, is enhancing the way consumers securely shop online and in-app when checking out with Apple Pay on iPhone and iPad. Eligible Synchrony Preferred Mastercard, Synchrony Plus World Mastercard, or Synchrony Premier World Mastercard holders can now choose to pay with the standard terms of their credit card, or use a promotional offer that includes fixed monthly payments.1

Friday, January 17, 2025 - 15:19
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/news/lending/eligible-synchrony-mastercard-customers-now-have-access-pay-later-feature-apple-pay
Financial IT
CFPB Orders Equifax To Pay $15 Million For Improper Investigations Of Credit Reporting Errors

Today, the Consumer Financial Protection Bureau (CFPB) took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct proper investigations of consumer disputes. The CFPB found Equifax ignored consumer documents and evidence submitted with disputes, allowed previously deleted inaccuracies to be reinserted into credit reports, provided confusing and conflicting letters to consumers about the results of its investigations, and used flawed software code which led to inaccurate consumer credit scores.

Friday, January 17, 2025 - 15:13
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/news/lending/cfpb-orders-equifax-pay-15-million-improper-investigations-credit-reporting-errors
Financial IT
Gate City Bank Selects Lama AI To Transform Business Lending With GenAI-Powered Origination Platform

Gate City Bank, the leading regional financial institution with locations across North Dakota and Minnesota, announced its partnership with Lama AI, an award-winning provider of GenAI-powered loan origination solutions. By implementing Lama AI's full suite of business banking capabilities, Gate City Bank will leverage cutting-edge technology to elevate business lending operations, delivering a seamless borrower experience and unlocking growth potential for business customers.

Friday, January 17, 2025 - 11:33
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/news/banking/gate-city-bank-selects-lama-ai-transform-business-lending-genai-powered-origination
Financial IT
Bitget LaunchX To Support Jambo’s $5 Million Fundraising For First Ever Crypto Space Program

Bitget, the leading cryptocurrency exchange and Web3 company is proud to announce the upcoming LaunchX event for Jambo, the world’s largest on-chain mobile network. Jambo aims to raise $5 million through a token sale on Bitget LaunchX to fund its ambitious satellite launch program, an initiative designed to connect a global network of JamboPhones and expand access to decentralized services. 

Friday, January 17, 2025 - 11:28
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/news/fundraising-news/bitget-launchx-support-jambos-5-million-fundraising-first-ever-crypto-space
Financial IT
SoFi And PGIM Fixed Income Announce $525 Million Securitization Agreement, Signaling Continued Demand For Personal Loans

SoFi Technologies, Inc., a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $525 million personal loan securitization agreement closed in Q4 2024 with funds and accounts managed by

Friday, January 17, 2025 - 11:05
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/news/infrastructure/sofi-and-pgim-fixed-income-announce-525-million-securitization-agreement
Financial IT

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