In response to the growing demand for climate-friendly financial services, fintech and sustainability industry veteran Tim Newell has reached an agreement with climate finance company Aspiration Partners, Inc., to spin off Aspiration's green consumer financial services brand into a new standalone company.

Traydstream, a leading provider of innovative trade finance solutions, is delighted to announce the appointment of Stephan Hufnagl as its new Chief Technology Officer (CTO). Stephan brings a wealth of experience from his tenure at Microsoft, Google and other engineering companies. His appointment marks a significant milestone in Traydstream’s journey towards technological excellence and innovation.

Travelex, a market-leading foreign exchange brand, has launched an FX affiliate referral programme with over 60 local banks across Japan, with over 30,000 of these banks’ customers having subsequently benefited from access to travel money since the programme’s launch late last year.

The FICO UK Credit Card Market Report for February 2024 presents a mixed picture on consumer confidence and financial pressures.  There was an uptick in spending after the usual seasonal dip in January and the number of people missing one and two payments fell. However, payments to balance fell by 3.6% compared to February 2023 and the average balance is higher than the previous month and previous year.

Highlights

Duco, the leading enterprise platform for data automation, today announced the appointment of Josh Monroe as Chief Revenue Officer.

Based in New York, Josh brings a wealth of experience to the role and reports directly to Michael Chin, Duco’s Chief Executive Officer. Josh will lead Duco’s Revenue organization, overseeing global sales, account management, marketing, customer success, solution engineering, and partnerships as the company continues to outperform competitors and accelerate growth.

The cross-border payments space is experiencing exponential growth and is projected to reach $365 billion, globally, by 2032 with a 7.3% compound annual growth rate according to a recent report by 

Zilch, the world’s first ad-subsidised payments network (ASPN), announces today that it has extended its collaboration with cloud provider Amazon Web Services (AWS) to accelerate the rollout of Artificial Intelligence (AI) innovation across the Zilch proposition. 

Nium, the global leader in real-time cross-border payments, today announced the expansion of its partnership with Thredd, a leading global payments processor, to issue virtual cards in the Asia Pacific (APAC) region.

ComplyAdvantage, a leader in financial crime intelligence, today announced its acquisition of Golden (Golden Recursion Inc). 

Golden is a San Francisco-based innovator automating the construction of one of the world’s largest knowledge graphs, which shows interconnected data points and their relationships for the purpose of analyzing complex information.