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P2P Sustains Solid Real Returns in 2024 – Can It Keep Up?

The analysts of the Robocash platform summarized the results of the first half of 2024, calculating the real return on assets for the reporting period. The findings showed that all major global markets are entering a sustainable growth trajectory compared to last year's performance.

Tuesday, September 10, 2024 - 09:43
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Financial IT
PastPay Secures €12 Million Series A, the Largest for a B2B BNPL in CEE to Accelerate Transactions Across Europe

PastPay, a provider of B2B payment solutions, has announced a €12 million Series A funding round led by Platina Capital in collaboration with several leading financial institutions and high-profile private investors. PastPay’s mission is to provide innovative B2B payment solutions, enabling flexible payment terms for business transactions.

Tuesday, September 10, 2024 - 09:39
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Financial IT
YUP, the "Nubank" from Southeast Asia, Secured US$30 Million in Series B Funding

YUP, the credit payment platform established by Singaporean startup Finture, has successfully raised US$30 million in its Series B funding round. The round was led by Hong Kong-based venture capital firm MindWorks Capital, with participation from XVC, SWC Global, Richen Pioneer, and Antao Capital. The funds will support market expansion in Southeast Asia and preparation for acquiring a banking license in Indonesia.
 

Tuesday, September 10, 2024 - 09:33
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Financial IT
payabl. Launches Payment Accounts to Streamline Financial Operations for Businesses
payabl., a leading European financial services provider, today announced the launch of its 
Tuesday, September 10, 2024 - 09:19
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Financial IT
How the Financial Services Sector Is Moving to the Cloud, and What It Means for Monitoring

Redgate recently published the 2024 State of the Database Landscape report, which explores how the challenges for data professionals now encompass a lot more than managing and monitoring their database estates for high availability and optimum performance. Database DevOps, multiple database platforms, the cloud, AI, and making data available for development and testing have now also become part of the daily conversation.

Tuesday, September 10, 2024 - 09:14
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Financial IT
PayPal Partners with Shopify to Power a Portion of Shopify Payments in the U.S.

PayPal Holdings Inc. today announced an expansion of its global strategic partnership with Shopify Inc. in the U.S. PayPal will become an additional online credit and debit card processor for Shopify Payments through PayPal Complete Payments, a solution for marketplaces and platforms comprised of flexible and powerful developer tools.

Monday, September 9, 2024 - 15:13
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Financial IT
TrueLayer Expands Partnership with Stripe to Power New Pay by Bank Feature in the UK

TrueLayer, Europe’s leading open banking payments network, today announces an expansion to its partnership with Stripe.

Monday, September 9, 2024 - 15:08
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Financial IT
1 in 5 Canadian Businesses Experienced Payment Fraud in the Past 6 Months - Despite 63% Feeling Confident in Protecting Their Business Against Scams

 A new study from Payments Canada reveals that Canadian businesses have a higher rate of payment fraud compared to Canadian consumers at 20% versus 13%, respectively, although the types of fraud were similar for both segments. Impersonator fraud, originating from a phone call, message or email that appears to be from a trusted business source (25%), intercepted business e-Transfers (22%) and credit card fraud (20%) were the most common types of fraud. The amount lost was $3,000 or less for the majority of these businesses (63%).

Monday, September 9, 2024 - 15:02
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Financial IT
Rapid Finance Integrates with Q2 Digital Banking Platform

Rapid Finance, a leading small business financing platform specializing in providing customized solutions, today announced its integration with Q2’s Digital Banking Platform and its participation in the Q2 Partner Marketplace. Q2 Holdings, Inc. is a l

Monday, September 9, 2024 - 14:13
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Financial IT
DailyPay Rebrands Its Card, Adding New Merchant Cash Back Offers

DailyPay, a worktech company and leading provider of earned wage access, is rebranding its "Friday by DailyPay Visa® Prepaid Card," launching the 'DailyPay Visa® Prepaid Card.'  The newly rebranded DailyPay Card adds additional capabilities to DailyPay's existing suite of money movement services to help meet the needs of employees on their financial wellness journey.

Monday, September 9, 2024 - 14:08
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Financial IT

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