Financial institutions are constantly weighing up the risks they face, seeking to maximise opportunities and minimise the chances of a bad outcome.

Wayflyer, the growth and insights platform for consumer brands, has launched a new Wholesale Financing product. Wayflyer can now extend its purpose-built financing solutions beyond online-only businesses, serving the needs of a new customer segment. Building on a proven track record with online brands, having already deployed $3bn+ in capital to 3,500+ customers, Wayflyer's new Wholesale Financing offering will support brands that sell into brick-and-mortar retail channels. 

Griffin, the full-stack Banking as a Service (BaaS) platform, today announced that it has received approval from the UK’s financial services regulators, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), to lift restrictions, allowing Griffin to exit mobilisation and launch as a fully operational bank.

Viva.com, Europe’s first technology bank for payments powering card acceptance on any device in 24 markets, announces the appointment of Jean-Brice Picardi, as its new General Manager for the French market. Mr. Picardi brings unrivalled commercial banking experience from over fifteen years spent in the industry, working across internal audit, project management, product and customer service. In his new role, Mr.

Nexi, the leading PayTech in Europe, has chosen Mastercard as its strategic partner across Europe to support open banking account-based payments. Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi’s gateways serving merchants across Europe. 

Fingerprint Cards AB announces the first biometric payment card roll out in Türkiye, supporting Thales, a worldwide leader in digital security, and Garanti BBVA and its customers. The launch marks Fingerprints’ and Thales’ eleventh commercial roll out globally for biometric payment cards.

In a significant development for the remittance sector, TerraPay, a global cross-border payments network, has announced a strategic partnership with Alfardan Exchange. This collaboration aims to leverage TerraPay's advanced digital payment infrastructure and Alfardan Exchange's established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.

Rabobank, one of the largest banks in the Netherlands and a full-range financial services provider has partnered with dejamobile to offer its customers the ability to accept contactless payments on compatible Android devices and iPhones.

Wolters Kluwer Tax & Accounting (TAA) U.K. has released an anti-money laundering module (AML) within CCH iFirm®, its cloud-based practice management and compliance software platform.

PayPal Holdings, Inc. today announced that Tap to Pay on iPhone is now available for all Venmo business profile and PayPal Zettle users in the U.S., enabling them to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware.