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Mashreq Expands Corporate Banking Footprint To Oman With Tailored Financial Solutions

Mashreq, one of the leading financial institutions in the MENA region, has announced its entry into Oman, seeking to strengthen its position with a range of personalized financial services tailored for the Sultanate’s evolving corporate and public sectors. This strategic move underscores Mashreq’s intent to contribute to Oman’s Vision 2040, with ambitions to fuel economic diversification and elevate Oman’s position in the global financial landscape.

Monday, January 20, 2025 - 14:55
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Financial IT
DORA Signals The End Of The "Move Fast And Break Things" Fintech Era

As the first regulation explicitly addressing cyber resilience in the financial sector, DORA signals that the industry has reached a fundamental moment in its evolution.

Monday, January 20, 2025 - 13:03
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Financial IT
Global Bettors Demand Payment Choice, Speed, And Security In Play

A positive payment experience makes 82% of global online sports-bettors stay to continue wagering with sportsbooks, according to new research released today by leading payments platform Paysafe.

Monday, January 20, 2025 - 12:49
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Financial IT
Courtney Kelso To Join U.S. Bancorp As Head Of Consumer Payments Organization

U.S. Bancorp announced today that Courtney Kelso will be joining the company as senior executive vice president and head of Payments: Consumer and Small Business (PCS) effective Feb. 3. In this Managing Committee role, Kelso will be responsible for personal and small business debit and credit cards, Elan, cobrand, and all related functions including business line risk and credit/collections. She will report to company President Gunjan Kedia and be based in New York.

Monday, January 20, 2025 - 11:55
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/news/people-moves/courtney-kelso-join-us-bancorp-head-consumer-payments-organization
Financial IT
One In 10 Travellers Have Been A Victim Of Payment Fraud When Booking A Hotel

New research published today by Adyen, the global financial technology platform of choice for leading businesses, has found that one in 10 hotel guests have been a victim of payment fraud when booking a hotel or as a consequence of staying at the accommodation.   

Monday, January 20, 2025 - 11:42
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/news/fraud-detection/one-10-travellers-have-been-victim-payment-fraud-when-booking-hotel
Financial IT
Deal Execution Platform Sydecar Raises $11 Million In Oversubscribed Series A

Sydecar, a platform that makes it simple and efficient for venture fund and syndicate managers to form Special Purpose Vehicles and funds by automating banking, compliance, contracts and reporting, today announced the close of an oversubscribed $11 million Series A funding round.

Monday, January 20, 2025 - 11:37
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Financial IT
Refunds Platform, Reshop, Appoints Anthony Eisen As Chief Executive Officer And Announces $17 Million Fundraise

Reshop, the platform redefining refunds for consumers and merchants, announced the appointment of Anthony Eisen as Chief Executive Officer. Anthony has been a part of Reshop since inception, serving as Chairman of the Board and a founding investor at Reshop. In addition, Reshop announced a $17 million fundraise, with leading investments from Matrix Partners, Sound Ventures (venture-capital firm co-founded by Ashton Kutcher and Guy Oseary), Woodson Capital, and Touch Ventures.

Monday, January 20, 2025 - 11:34
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Financial IT
OakNorth Provides £50M Of New Funding To Leading Entrepreneurial Private Equity Real Estate Investor, Paloma Capital

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £50m of new funding to returning customer and leading entrepreneurial private equity real estate investor, Paloma Capital.

Monday, January 20, 2025 - 11:23
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Financial IT
Nuvei Expands Omnichannel Capabilities To The UK Gaming Industry

Nuvei Corporation, the Canadian fintech company, today announced the launch of its innovative Omnichannel payment solution for the UK Gaming industry. This groundbreaking platform unifies all payment channels, offering unprecedented convenience and flexibility for both operators and players.

Key features and benefits of Nuvei's Omnichannel solution for the Gaming industry include:

Monday, January 20, 2025 - 10:50
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/news/payments/nuvei-expands-omnichannel-capabilities-uk-gaming-industry
Financial IT
bunq Introduces Mastercard Benefits To Its European SMEs

bunq, the second-largest neobank in Europe, announce their expanded collaboration with Mastercard, as the challenger bank introduces a range of benefits for its small business (SME) users across Europe. These tailored benefits reward bunq's business users with a range of discounted tools and solutions designed to help small businesses thrive. 
 

Monday, January 20, 2025 - 10:47
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/news/banking/bunq-introduces-mastercard-benefits-its-european-smes
Financial IT

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