AbbeyCross, the company focused on transforming the FX and payments landscape for Emerging Markets (EM), announces the launch of ABX Studio with its first US Tier 1 bank client. ABX Studio, the first solution to go live on the ABX Platform, provides unique emerging market FX pricing data directly from multiple EM payments providers, enhancing price discovery and comparison, to support deliverable payments to emerging markets.
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Napier AI, the London-based financial crime compliance RegTech, is pleased to its solution as the anti-money laundering (AML) platform for Salt Bank, the first Romanian neobank with the fastest growing in Southeastern Europe.
Klarna, the AI-powered global payments network and shopping assistant, today announced another milestone in its advanced adoption of AI technologies:
BKN301 Group, a leading digital payments and Banking-as-a-Service with a focus on EMEA region, unveiled its cutting-edge BKN301 BaaS Orchestrator solution with the objective of radically transforming financial landscape. The cutting-edge platform seeks to empower businesses of all sizes, particularly fintech companies and traditional banks, with the capability to incorporate financial features into their existing value propositions.
Capital.com, the global retail trading platform whose volumes surpassed USD$1trn in 2023, is pleased to announce the appointment of Rupert Osborne as CEO of Capital Com UK Limited (Capital.com UK), subject to regulatory approval.
On 7th February 2024 the European Parliament mandated that instant payments (in less than 10 seconds) should be the de facto standard for consumers and businesses in the SEPA zone, with a deadline set of 9th January 2025 to deliver this service. For smaller banks with already stretched IT and development resources, less than 12 months to make significant infrastructure changes could be a step too far. Recent insight suggests that more than 40% of banks that currently do not offer instant payments believe the deadline is unrealistic.
Today, leading embedded finance and Banking-as-a-Service (BaaS) platform, OpenPayd announces its partnership with Wirex, a prominent Web3 money app, to provide named virtual IBANs to its customers across the UK and European Economic Area (EEA) strengthening Wirex’s core mission to provide easy, fast and secure payment metho
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announced that Barclays Bank has officially gone live on its Cross Currency Swaps (CCS) service.
Worldline, a global leader in payment services, today announced a strategic partnership with Visa, a global leader in digital payments, to launch a new virtual card issuing solution. This strategic collaboration marks a pivotal moment, propelling Worldline beyond payment processing and into direct card issuance. The project will focus on the Online Travel Agency (OTA) market due to a high demand for this solution and Worldline’s strong heritage and portfolio in travel.