On September 16, it was announced that China's Cross-border Interconnection Gateway (CPG) had officially begun trial operation in late July. UnionPay International contributed to developing the CPG's core elements over a six-month period. Guided by public-oriented inclusivity and accessibility, the CPG enables institutions in and outside China's mainland to achieve cross-border QR code interoperability with one point access.

Bite Investments, a top provider of technology solutions for the alternative investments sector, today announced that it has secured $25 million in strategic growth capital from NewSpring Growth, NewSpring Capital’s dedicated growth equity strategy investing in fast-growing, industry-transforming technology companies.

Provenir, a global leader in AI risk decisioning software, today announced Türk Ekonomi Bankası (TEB) has selected the Provenir AI Decisioning Platform to speed batch risk decisioning processes for its retail and small business lending products.

Global Payments Inc., a leading worldwide provider of payment technology and software solutions, today announced the appointment of Patricia “Patty” Watson and Archana “Archie” Deskus as independent Board directors, effective immediately. Both Mses. Watson and Deskus possess deep financial technology and payments industry expertise.

Fiserv, Inc., a leading global provider of payments and financial services technology, today announced it has signed a definitive agreement to acquire StoneCastle Cash Management. StoneCastle enables its network of depository institutions, primarily community banks and credit unions, to easily access stable, cost-efficient deposit funding from thousands of businesses and enterprise customers holding cash balances.

Visa Inc., a global leader in digital payments, today announced the general availability of the Visa Commercial Solutions (VCS) Hub, a breakthrough platform that redefines the future of commercial payments for issuers and fintechs worldwide.

Unlimit, the global fintech company, has secured Principal Membership with Mastercard and Visa in Peru, enabling it to operate as a direct acquirer for card payments processing in the country. This new accreditation marks another step in the expansion across Latin America, where it already operates as a direct acquirer in Brazil and Mexico.

Today, Fruitful, the financial membership helping Americans understand, organize, and optimize their finances, launched Money Map, the first financial product that doesn’t just give advice, it executes it. Money Map transforms personalized financial advice into a visual, fully automated money system that can be activated with the click of a button.