ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced that Russell Investments has selected ACA’s ComplianceAlpha® to help modernize and streamline their compliance program.

BigCommerce, a leading Open SaaS ecommerce platform for fast-growing and established brands, is providing detected functionality to more than 60,000 merchants across the world. This diverse global merchant community, which spans brands like Ben & Jerry’s, Molton Brown, S.C.

New Asset Exchange (NAX), a company that brings liquidity to corporate assets, today announced it has appointed Joe Euteneuer as a member of its Board of Directors and Chair of  the company’s Finance and Audit Committees. Euteneuer,  whose most recent role was as CFO at Mattel Inc, brings over thirty years of industry experience to NAX’s Board.

Cardinity, a fast-growing Lithuanian online payment service provider, has chosen Nets to provide international acquirer processing, and fraud and dispute services. As a payment gateway and licensed acquirer, Cardinity delivers payment services to merchants across Europe and the partnership with Nets will expand its international footprint.

The fast, frictionless payment transactions experienced by consumers are influencing user expectations in the B2B sector and driving payments digitisation across the entire continuum, according to a new report released today by Accuity, a LexisNexis Risk Solutions Company.

The report highlights:

The next generation banking-as-a-service platform, HUBUC has been selected to join one the world’s most prestigious start-up incubators, Y-Combinator (YC).

Currencies Direct (the “Company”), a global leader in digital foreign exchange (“FX”) and international payment services, has completed a £165 million dividend recapitalisation. The recapitalisation was provided by incumbent lenders CVC Credit and Alcentra, which backed the acquisition of Currencies Direct in 2015 by private equity owners, Palamon Capital Partners and Corsair.

Tonik, Southeast Asia’s first digital-only bank, launches as the first neobank in the Philippines today.  Tonik brings to the market a revolutionary and completely branchless way of banking on a highly secure mobile platform that sets out to fundamentally disrupt the Filipino retail banking industry.  Tonik is supervised by the Bangko Sentral ng Pilipinas (BSP).  Its deposits are insured by the Philippine Deposit Insurance Corporation (PDIC).  Tonik’s unique cloud-based solution is powered by global financial technolog

Railsbank, a leading global Banking as a Service (BaaS) platform, has launched in Australia via a partnership with the country’s first neobank, Volt.

The partnership enables Railsbank to continue its expansion within the APAC region and it considers Australia a highly strategic market.

The embedded finance market in Australia is in its infancy, but both Railsbank and Volt believe it is set for rapid growth over the coming years.