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Coda Completes Acquisition of Recharge, Expanding Global Reach in Digital Content Monetization and Distribution

Coda, a global leader in digital content monetization headquartered in Singapore, has completed its acquisition of Recharge, Europe’s leading prepaid payments platform, headquartered in Amsterdam. This follows Coda’s announcement last month on the signing of a definitive agreement to acquire Recharge.

Thursday, August 21, 2025 - 12:01
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Financial IT
Shawbrook Goes Live on Thought Machine’s Vault Core, Starting with a Buy-to-Let Mortgage Product

Thought Machine, the cloud-native banking technology company, and Shawbrook, a leading UK specialist bank, today announce that the bank has successfully gone live with Thought Machine’s next-generation core banking platform, Vault Core, to accelerate product innovation in commercial SME lending.

Thursday, August 21, 2025 - 10:51
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/news/lending/shawbrook-goes-live-thought-machines-vault-core-starting-buy-let-mortgage-product
Financial IT
Sygnum and Incore Expand Partnership to Scale and Future-Proof B2B Digital Asset Banking

Sygnum, a global digital asset banking group and Incore Bank, the leading Swiss B2B transaction bank with a significant network of banks, financial intermediaries, fintechs and corporates, announce an expanded partnership focused on scaling and future-proofing their respective B2B banking networks.

Since 2019, Incore Bank has been one of Sygnum’s partners for regulated traditional security custody and brokerage, as well as for providing secure custody for its portfolio of Asset Management products.

Thursday, August 21, 2025 - 10:48
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Financial IT
Corpay Cross-Border Named the Official FX Partner of New Zealand Football

Corpay, Inc., a global leader in corporate payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with New Zealand Football to become their Official Foreign Exchange (FX) Partner.

Thursday, August 21, 2025 - 10:45
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/news/infrastructure/corpay-cross-border-named-official-fx-partner-new-zealand-football
Financial IT
SMEs Hit Hard by £53,000 Loss from Currency Fluctuations

Extreme currency fluctuations have caused SMEs to face substantial losses and are compelling businesses to change their FX strategy. That’s according to data from independent SME funder, Bibby Financial Services (BFS) whose Trading Places report surveyed over 500 UK SMEs that trade overseas. 

Thursday, August 21, 2025 - 10:39
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Financial IT
2 in 5 Brits Have Used AI for Personal Finance Advice

2 in 5 Brits (40%) have used a generative AI tool such as ChatGPT or Gemini for personal finance advice, according to research by personal finance comparison site Finder. That’s an estimated 21.3 million people in the UK. 

Thursday, August 21, 2025 - 10:36
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Financial IT
Michelle Collins Elected to Deluxe Board of Directors

Deluxe, a trusted Payments and Data company, has announced the election of Michelle T. Collins to its Board of Directors.

Thursday, August 21, 2025 - 08:42
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/news/people-moves/michelle-collins-elected-deluxe-board-directors
Financial IT
Truist Announces Significant Multi-Year Investment in High-Growth Markets

Truist Financial Corporation today announced a significant strategic growth investment over the next five years to attract new and grow existing client relationships in some of the strongest growth markets in the country. The investments include building 100 new insights-driven branches, renovating more than 300 branches in high-opportunity markets, enhancing digital capabilities and hiring additional Premier advisors to serve clients with more complex financial needs.

Thursday, August 21, 2025 - 08:35
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Financial IT
Kraken Acquires Capitalise.ai to Bring No-Code Trading Automation to Kraken Pro

Kraken, a technology platform built on crypto, today announced the acquisition of the assets and technology of Capitalise.ai, an Israel-based pioneer of no-code, natural-language trading automation.

Founded in 2015, Capitalise.ai developed a natural-language platform that transforms everyday text into executable trading strategies. Its proprietary language model and big data infrastructure can ingest real-time and historical data across equities, crypto, FX, futures, options and more.

Thursday, August 21, 2025 - 08:32
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/news/trading-systems/kraken-acquires-capitaliseai-bring-no-code-trading-automation-kraken-pro
Financial IT
FICO and Chelsea Football Club Kick Off Multi-Year Partnership to Champion Financial Empowerment

Global analytics software company FICO has teamed up with Chelsea Football Club, and will work with the club as its U.S. partner in a multi-year deal. As part of the partnership, Chelsea FC will collaborate with FICO on financial literacy initiatives to highlight how understanding credit and credit scores play a powerful role in helping U.S. consumers to successfully achieve their financial dreams.

Thursday, August 21, 2025 - 08:27
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Financial IT

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