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Arf and LuLu Financial Holdings Announce Strategic Partnership to Enable T-0 Settlement for Global Payments

Arf, a global leader in providing working capital and settlement liquidity solutions to payments companies, and LuLu Financial Holdings, a global financial services conglomerate, have announced a strategic partnership aimed at revolutionizing settlement times in the global payments and cross-border payments industry. This collaboration will allow LuLuFin to leverage Arf's advanced settlement infrastructure, offering T-0 settlement times.

Thursday, January 9, 2025 - 10:18
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/news/payments/arf-and-lulu-financial-holdings-announce-strategic-partnership-enable-t-0-settlement
Financial IT
Revolut's Digital Asset Market Data Integrated Into the Pyth Network

Pyth Network ("Pyth"), the decentralized data infrastructure designed to power the next generation of financial applications, today announced that it has partnered with, Revolut, a global leader in digital banking, to integrate its digital asset price data into Pyth Price Feeds as a data publisher. This will allow decentralized finance ("DeFi") developers to incorporate high quality digital asset quote and trade data from a digital banking platform with over 45 million users across 200 countries into their decentralized applications (dApps).

Thursday, January 9, 2025 - 10:08
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/news/blockchain/revoluts-digital-asset-market-data-integrated-pyth-network
Financial IT
Ecommpay CMO Shortlisted in Women in Payments EMEA 2025 Awards

Miranda McLean, Chief Marketing Officer at inclusive global payments platform, Ecommpay, has been shortlisted in the prestigious Women in Payments EMEA 2025 Awards.  Winners will be announced at an Awards dinner in London on 9th April following the Women in Payments EMEA symposium.

Thursday, January 9, 2025 - 09:40
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/news/infrastructure/ecommpay-cmo-shortlisted-women-payments-emea-2025-awards
Financial IT
Tradu Launches Spread Betting With the UK’s First Dynamic Spread Tracking Tool

Tradu, the powerful multi-asset trading platform, today announced the launch of spread betting, offering UK-based investors an accessible, tax-efficient way to engage in leveraged trading. 

Thursday, January 9, 2025 - 09:33
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/news/trading-systems/tradu-launches-spread-betting-uks-first-dynamic-spread-tracking-tool
Financial IT
Nomupay Raises $37M to Expand Unified Payments Access in Complex Asia Market

Nomupay has completed a third investment round of $37m, bolstering the firm’s ambition to open up the notoriously complex Asian market to international acquirers, merchants, Payment Service Providers (PSPs) and Independent Sales Organisations (ISOs). The final $12m tranche of the September fundraise was led by Endeit Capital, with Uneti Ventures (backed by early Adyen employees) participating. Existing investors continued their support, contributing $25m over the last 18 months.

Thursday, January 9, 2025 - 09:32
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/news/fundraising-news/nomupay-raises-37m-expand-unified-payments-access-complex-asia-market
Financial IT
Farm Bureau Insurance Company of Idaho Selects Akur8’s Core Platform Solution to Enhance Predictive Modeling and Drive Better Pricing Decisions

Akur8, the next generation insurance pricing and reserving solution powered by transparent machine learning, is thrilled to announce that Farm Bureau Insurance Company of Idaho, the largest property-casualty insurance company headquartered in the Gem State, has selected Akur8’s Core Platform solution to streamline the development of high performing, explainable pricing models.

Thursday, January 9, 2025 - 09:19
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/news/insurtech/farm-bureau-insurance-company-idaho-selects-akur8s-core-platform-solution-enhance
Financial IT
Nium Launches Diners Club International® Card, Expanding B2B Payments Offering for Travel Industry

Nium, the leading global infrastructure for real-time cross-border payments, today announced the launch of the Diners Club International® Card for its travel customers. This milestone makes Nium one of the first global card issuers in the travel space to offer cards across the four major schemes.

Thursday, January 9, 2025 - 08:59
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/news/payments/nium-launches-diners-club-internationalr-card-expanding-b2b-payments-offering-travel
Financial IT
Nelson Chai Named Executive Chair of DailyPay

DailyPay, a leading worktech platform powering daily opportunities for workers and their employers, today named Nelson Chai as Executive Chair of DailyPay. An accomplished executive, Mr. Chai will lead DailyPay's Board of Directors and provide strategic guidance to the organization. Mr.

Thursday, January 9, 2025 - 08:33
63166
/news/people-moves/nelson-chai-named-executive-chair-dailypay
Financial IT
Reimagining Banking in 2025: Technology, Innovation, and Ecosystem-Driven Transformation

To keep pace in 2025, institutions must reimagine banking through innovative technology and ecosystems

Siobhan Byron, EVP, Universal Banking

Wednesday, January 8, 2025 - 16:00
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/blog/banking2025-fintechinnovation/reimagining-banking-2025-technology-innovation-and-ecosystem
Financial IT
BPO Sector Key to Combating Rising Fraud Risk in US Banking Industry

Fraud in the U.S. banking industry is rising, particularly as the shift to digital banking accelerates, increasing costs and negatively impacting consumer experience (CX) and trust. Findings from the latest annual LexisNexis® True Cost of Fraud™ Study: Financial Services and Lending Report — U.S. and Canada Edition revealed that 63% of financial firms reported an overall fraud increase of at least 6% within a 12-month period, with digital channels accounting for half of the overall fraud losses.

Wednesday, January 8, 2025 - 15:47
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/blog/bposector-fraudprevention/bpo-sector-key-combating-rising-fraud-risk-us-banking-industry
Financial IT

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