Merchants, payment service providers (PSPs) and third-party providers (TPPs) recognise the potential of Commercial Variable Recurring Payments (CVRP, in the UK) and Dynamic Recurring Payments (DRP, in Europe) to deliver better payment experiences, more choice, and lower processing costs. There are real concerns, however, that lack of bank support is impeding their delivery. 

Personetics, the global leader in AI-powered personalized engagement solutions for financial institutions, today announced a significant milestone in its growth and impact across its global user base. The company now empowers over 150 million active monthly banking customers with 1.2 billion monthly insights, illustrating data-driven personalization's powerful role in improving financial wellness and decision-making.

SRM (Strategic Resource Management), a trusted advisory firm serving financial institutions globally, announced that former Navy Federal Credit Union President and CEO Mary McDuffie is the newest member of its diverse and growing International Advisory Board. With a distinguished career spanning over two decades at Navy Federal Credit Union, McDuffie fostered a member-centric, highly-digital culture at the top U.S. credit union (by asset size). 

YouLend, a global embedded financing platform today announces that it has secured a new financing facility with funds managed by Castlelake, a global alternative investment firm that specializes in asset-based private credit. The new facility broadens YouLend's investor base in the US and increases YouLend's available capital which has the potential to now extend over $1 billion in revenue-based financings to US SMBs over a three year period.

Finix, the full-stack payment processor enabling businesses to accept and send payments online and in-store, today announced it has raised $75 million in Series C funding, led by Acrew Capital and co-led by 

PayPal Holdings Inc.  today announced an expanded collaboration with Global Payments Inc. aimed at transforming checkout experiences. This partnership will see Global Payments offer their U.S. merchants enhanced PayPal and Venmo branded checkout solutions and accelerated guest checkout through Fastlane by PayPal.

Ahead of Money20/20 US, Visa, a global leader in digital payments, today published the State of Scams: Fall 2024 Biannual Threats Report . The latest edition of the report brings to light several emerging threats and scams targeting banks and consumers, including a surprising resurgence of small-scale physical crime.

After the successful launch in Latin America earlier this year, Product Express now enables fintechs in Africa and Middle East, Europe and North America to launch a card program in as fast as 15 days*

Mastercard has today announced the expansion of its Product Express platform in Africa and Middle East, Europe, North America, and more markets in Latin America to help fintechs launch card programs quickly and through a process that’s simple and transparent.

Ebury, the global financial technology firm, is delighted to announce its new partnership with the renowned Premier League Southampton Football Club for the 2024-2025 season. The latest partnership adds to Ebury’s growing global sports portfolio which includes Rangers, PSV Eindhoven and AS Monaco.

Marqeta , the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today introduced two new products – UX Toolkit and Portfolio Migrations – to its card program management tools.