Payments 20 (P20), the leading voice of the global payments industry, has published a new report calling for collaborative action within the industry to tackle money laundering by collectively focusing on finding money mules and following the money.

Nomura has invested in Fnality, and joined the international consortium of global banks focused on building a regulated, peer-to-peer wholesale digital asset settlement ecosystem that offers real-time, 24/7 payments and settlement of foreign exchange and securities transactions in the world’s major currencies.

Frost, the e-money institution helping people take back control over their finances, has embarked on the next stage of its growth journey following a successful summer of fundraising. Since launching in May 2022, the innovative e-wallet provider has raised £1.1 million. Notably, in July the business closed a major seed funding round with key investors and additions to the team.

The Swiss fintech startup keycount officially releases the first version of its self-developed personal finance management app. 

The keycount app is now available for free in the Google Play Store for all users from  Germany. 

Nexi, the leading PayTech in Europe, and Global Blue, the leading technology company in tax-free shopping and added-value payments, enter into a strategic partnership aimed at integrating Nexi's payment solutions directly into existing Property Management Systems (PMS) and Point Of Sale (POS) software platforms.

Nuapay (EML Payments Limited’s Open Banking business) extends its open banking payments services to Pay360. 

Nuapay's innovative and fully customisable open banking and real-time account-to-account payment capabilities will give Pay360's customers access to cutting-edge payment technologies across all of its gateway connections. 

Today’s world runs on data and nowhere is that more apparent than inside large and small corporations across the country. Businesses are always seeking to catch attention and define their brand as something distinctly more appealing than their competitors. Despite this, many businesses are falling behind in their data literacy endeavours.

Virtual banking is taking over the world rapidly. There were 1.9 million individuals around the globe who used virtual banking in 2020. And that number is probably even bigger right now. This latest technology is convenient, available at all times, and aims to make banking easier for younger generations. But of course, there are also some major cybersecurity challenges virtual banks face every single day.

Thunes, a Singapore-based global payments company, today announced its affiliation with two global ESG initiatives: the United Nations Global Compact and Ecovadis. Earlier this year, Thunes successfully passed sustainability assessments and submitted respective reports to both institutions. As a result, Thunes was awarded the Ecovadis silver medal for 2022, placing the company in the top 25% of performers for business sustainability.

Leading Banking-as-a-Service provider Contis, part of the Solaris group has teamed up with NagaPay – Crypto Debit Card to launch a new crypto programme in the European Economic Area, enabling consumers to spend both fiat and cryptocurrency at the point of sale.