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SoFi Expands Loan Platform Business With $5 Billion Agreement With Blue Owl Capital Funds

SoFi Technologies, Inc. (NASDAQ: SOFI) finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, a leading asset manager with over $250 billion in assets under management. This move marks SoFi’s largest Loan Platform Business agreement to date.

Friday, March 14, 2025 - 07:12
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/news/lending/sofi-expands-loan-platform-business-5-billion-agreement-blue-owl-capital-funds
Financial IT
Pagaya Closes New AAA-Rated $500 Million Consumer Loan ABS Deal

Pagaya Technologies LTD., a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $500 million AAA-rated personal loan ABS transaction (PAID 2025-2).

Since 2018, Pagaya has raised over $27 billion across 67 ABS transactions to fund loan originations across multiple products, including personal loan and auto.

Friday, March 14, 2025 - 07:10
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/news/infrastructure/pagaya-closes-new-aaa-rated-500-million-consumer-loan-abs-deal
Financial IT
SEON Strengthens eCommerce Capabilities With New Automated Chargeback Management Solution

SEON, the leader in digital fraud prevention and compliance, today announced the availability of its new automated chargeback management solution, which combines early fraud detection and automation of the chargeback dispute process—empowering eCommerce merchants to stop fraudsters in real time and manage chargebacks effortlessly.

Thursday, March 13, 2025 - 17:09
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/news/e-commerce/seon-strengthens-ecommerce-capabilities-new-automated-chargeback-management-solution
Financial IT
PayMaple Launches Accounts Payable Solution To Simplify Vendor Payments

PayMaple LLC, a leading provider of innovative payment solutions, is excited to announce the launch of its new Accounts Payable solution, designed to streamline vendor payments and eliminate the inefficiencies of traditional payment methods.

Thursday, March 13, 2025 - 17:04
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/news/payments/paymaple-launches-accounts-payable-solution-simplify-vendor-payments
Financial IT
Joy Chik To Join PayPal's Board Of Directors

PayPal Holdings, Inc. today announced that Joy Chik has joined the company's Board of Directors. Joy brings more than 26 years of corporate and board experience scaling products, services, and teams on a global level. Joy currently serves as the President of Identity and Network Access at Microsoft and is responsible for leading the company's multi-billion-dollar security business, Microsoft Entra.

Thursday, March 13, 2025 - 17:00
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/news/people-moves/joy-chik-join-paypals-board-directors
Financial IT
Currency Choice At Checkout Boosts Sales Conversion By 8%

According to new analysis from inclusive payments platform, Ecommpay, a dynamic checkout that presents local currency for card processing for where the customer is located can improve conversion rates, with currency choice boosting conversion by an average of 8%. 

Thursday, March 13, 2025 - 16:43
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/news/payments/currency-choice-checkout-boosts-sales-conversion-8
Financial IT
EBINTEC Banking Innovation Conference and Exhibition

EBINTEC Banking Innovation Conference and Exhibition will be held on 14 April 2026 in Istanbul, Turkey. EBINTEC is a global conference which is one of the most important and prestigious conferences in EMEA region with its focus on Banking Innovation, Retail Banking, Digital Banking, Banking Technologies, Artificial Intelligence, Digital Transformation, Core Banking, Payment Systems, Secure Banking and Banking IT Solutions.  

Thursday, March 13, 2025 - 14:48
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/events/ebintec-banking-innovation-conference-and-exhibition
Financial IT
McLaren Formula 1 Team Driver Oscar Piastri Unveils Striking Supercar To Kick Off 2025 Melbourne GP

Leading Australian-founded global financial platform, Airwallex, has launched its ‘Shifted Perspectives’ campaign for the 2025 Formula 1 (F1) season with the McLaren Formula 1 Team and acclaimed First Nations artist, Reko Rennie.

Thursday, March 13, 2025 - 14:43
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/news/infrastructure/mclaren-formula-1-team-driver-oscar-piastri-unveils-striking-supercar-kick-2025
Financial IT
Chubb Creates New North America Small & Lower Mid-Market Division

Chubb today announced the creation of a new division within its North America Middle Market organization, combining Chubb's Lower Middle Market and Digital Small Business divisions into a single cohesive unit that will operate as North America Small & Lower Midmarket.

Thursday, March 13, 2025 - 14:40
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/news/infrastructure/chubb-creates-new-north-america-small-lower-mid-market-division
Financial IT
MoonPay Acquires Iron To Power The Next Generation Of Stablecoin Payments

MoonPay, the global leader in crypto payments, today announced its acquisition of Iron: an API-first stablecoin infrastructure platform. This acquisition significantly expands MoonPay’s enterprise offerings, enabling businesses to accept stablecoin payments, unlocking instant, low-cost, and borderless transactions.

Thursday, March 13, 2025 - 14:20
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/news/cryptocurrencies/moonpay-acquires-iron-power-next-generation-stablecoin-payments
Financial IT

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