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BofA Launches 401k Pay: Comprehensive Solution Simplifies Retirement Income Management

Bank of America is launching 401k Pay, a unique new solution designed to simplify and conveniently convert 401(k) account assets into a retirement income. Available November 17 at no incremental charge to the company’s corporate plan sponsor or plan participant clients, the new digital solution provides 401(k) recordkeeping, flexible deposit options and advice in a single centralized hub. This enables plan participants to easily set, deposit and track their income throughout retirement.

Monday, November 17, 2025 - 08:55
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Financial IT
Avalara Announces $500 Million Investment Led by BlackRock

Avalara, Inc., the agentic tax and compliance leader, today announced it has closed an equity investment from an investor group led by BlackRock's Private Financing Solutions. Vista Equity Partners, which first invested in Avalara in 2022, will remain the company's majority shareholder. All of the proceeds will be used to purchase shares from existing shareholders.

Monday, November 17, 2025 - 08:41
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Financial IT
Vyntra Launches Real Time Payment App Protection to Stop Money Mules and Fraud

Vyntra, a global leader in transaction intelligence, has launched its Payment App Protection, a new solution designed to stop money mule activity and payment fraud in real time. The launch comes as mobile payment applications increasingly become a channel for illicit activity, from peer-to-peer scams and fake goods listings to account takeovers and social engineering attacks.

Monday, November 17, 2025 - 08:20
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Financial IT
2025 Holiday Profits at Risk From Friendly Fraud, Warns Chargebacks911

Each year, Black Friday and Cyber Monday spark a global sales frenzy, with the latter being the biggest online shopping day on record in 2024. According to Adobe’s online shopping forecast for the 2025 holiday season, online sales in the U.S.

Monday, November 17, 2025 - 08:17
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/news/fraud-detection/2025-holiday-profits-risk-friendly-fraud-warns-chargebacks911
Financial IT
Mantle Partners With Modulr to Transform Pension Payroll and Enhance Member Experience

Modulr, the leading embedded payments platform, has partnered with Mantle, a global pensions software provider and market leader in actuarial and pension administration software to provide seamless payments functionality to the pensions market.

Friday, November 14, 2025 - 14:56
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/news/infrastructure/mantle-partners-modulr-transform-pension-payroll-and-enhance-member-experience
Financial IT
Enfuce and Avida Achieve Record-Breaking Nordic Card Migration

Card issuing and processing powerhouse Enfuce has successfully partnered with Avida, the Swedish consumer and SME financing specialist, to deliver one of the largest and fastest credit card migrations ever completed in the Nordics.

Friday, November 14, 2025 - 14:51
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/news/payments/enfuce-and-avida-achieve-record-breaking-nordic-card-migration
Financial IT
Trading Technologies Partners With TokWise to Accelerate Adoption of Intraday Spot Power Trading in Europe

Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, today announced it has partnered with TokWise, a European-based technology firm focused on smart trading optimization in the European energy sector, to provide users of TokWise’s portfolio management system with trade execution through the TT platform. Through the integrated solution, which went live on Nov.

Friday, November 14, 2025 - 12:32
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/news/trading-systems/trading-technologies-partners-tokwise-accelerate-adoption-intraday-spot-power
Financial IT
Sends CEO Alona Shevtsova Named “Financial Women Trailblazer of the Year” at Finnovex Middle East 2025

Sends company today announced that its CEO, Alona Shevtsova, has been honoured with the prestigious Financial Women Trailblazer of the Year 2025 Award. The award was presented at the 33rd Edition of the Finnovex Middle East Summit and Awards Ceremony, held on November 12, 2025, in Dubai.

Friday, November 14, 2025 - 12:21
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/news/infrastructure/sends-ceo-alona-shevtsova-named-financial-women-trailblazer-year-finnovex-middle
Financial IT
sunday Raises $21M to Grow the Payment Platform Used by 80M Diners

sunday, the payment platform built by restaurateurs that's reinventing restaurant hospitality, has raised a $21 million Series B funding round, with participation from DST Global Partners.

Friday, November 14, 2025 - 11:58
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/news/fundraising-news/sunday-raises-21m-grow-payment-platform-used-80m-diners
Financial IT
N2G Worldwide Insurance Services Goes Live on Insurity Policy Decisions Evolution

Insurity, a leading provider of cloud-based software for property and casualty insurance carriers, brokers, and MGAs, today announced that N2G Worldwide Insurance Services has successfully gone live on Policy Decisions Evolution. This milestone marks the completion of a deployment that will support N2G’s policy operations, enabling enhanced efficiency, improved service delivery, and a scalable foundation for future growth.

Friday, November 14, 2025 - 11:05
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/news/insurtech/n2g-worldwide-insurance-services-goes-live-insurity-policy-decisions-evolution
Financial IT

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