Mphasis, a leading Information Technology (IT) solutions provider specialising in cloud and cognitive services, today announced the award of a U.S. patent on “System and method for optimized processing of information on quantum systems”.

Affirm, the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of essential internet infrastructure for commerce, today announced the acceleration of their global expansion plans. Shopify merchants in Canada with early access can now offer Shop Pay Installments, exclusively powered by Affirm, to shoppers, marking the product’s first availability outside the U.S. 

Helping e-commerce merchants provide Italian consumers with their preferred payment methods, inclusive global payments platform, Ecommpay, is providing access to the most popular local and global payment methods in the region. In addition to acquiring and credit card payments, seamless integration is available with popular payment methods, Satispay, MyBank, and BANCOMAT Pay.

The British Business Bank has agreed a new facility with BFS Marine Finance, designed to increase the flow of finance to smaller businesses within the commercial marine sector.

The structured finance facility of up to £20m will allow BFS Marine Finance to provide secured financing facilities for the acquisition or refurbishment of marine assets operating in various sectors.

Bank of America uses innovative technology to meet and anticipate the needs of its clients and 213,000 employees. For many years, this commitment has carried through in its approach to AI and machine learning. The technology is embedded today across the company’s business lines and areas including global technology, operations, and training.

From trust to risk: Decentralized verification for ID fraud prevention

Youverse has just released a must-read ebook for anyone navigating the challenges of identity fraud in the digital age. From Risk to Trust: Decentralized Verification for ID Fraud Prevention explores how decentralized identity (DID) can radically reduce fraud while improving onboarding speed and user control. Backed by real-world insights and industry data, the ebook breaks down why centralized systems are falling short — and what organizations can do about it.

Bank payment company GoCardless has announced a partnership with Optty, a payments API platform, to help medium and large businesses in Australia to simplify their payment processes, operate more efficiently, and scale with ease.

Global Fintech leader Broadridge Financial Solutions Inc. , today announced the completion of a successful collaboration with Fnality, a blockchain-based wholesale payments firm, demonstrating interoperability between Broadridge’s Distributed Ledger Repo (DLR) platform and Fnality’s Payment System (FnPS), showcasing the transformative power of tokenization in financial markets.