Virtual cards are now the preferred payment method for corporate hotel stays — but they  only deliver on their promise when systems are well connected. Many hotel payments still  rely on a patchwork of methods, and there’s a growing need for more consistent,  automated delivery embedded in the ecosystem. 

New NordPass research reveals poor password hygiene in the finance sector, putting sensitive data at risk

The Bank of England has significantly scaled up its investment in IT hardware by £7.7 million over the past three years, purchasing laptops, phones and tablets as part of a broader digital transformation strategy aligned with increased demands for cybersecurity, remote access and operational efficiency.

Between June 2022 and May 2025, the UK's central bank acquired over 7,200 devices, reflecting a strategic commitment to modernising its technology infrastructure amidst evolving digital and security needs.

Mifundo, the fintech building Europe's unified cross-border credit data platform, today announced a strategic partnership with CRIF Switzerland, the leading Swiss provider of credit risk management solutions. The collaboration integrates CRIF's comprehensive Swiss credit data with Mifundo's pan-European network, enabling European banks to gain instant access to Swiss credit information when serving Swiss mobile professionals. 

CAB Payments is pleased to announce that Crown Agents Bank has secured an International Money Transfer Operator licence (“IMTO”) from the Central Bank of Nigeria as part of its strategy to develop meaningful relationships with key central banks and regulators in important markets.

Transcend, a leading provider of innovative liquidity, funding, and collateral optimization solutions, has appointed Sandeep Arora as Chief Operating Officer. Arora has over three decades of experience in capital markets, digital platforms, and financial technology, and will play a critical role in scaling Transcend’s business, operational capabilities, and client delivery.

Alix, a first-of-its-kind wealth transfer platform, today announced a $20 million Series A funding round from Acrew Capital, Charles Schwab and Edward Jones Ventures*. Existing investors Initialized Capital, Scribble, Magnify, Ziegler Link•age Funds, and Cameron Ventures also participated in the oversubscribed Series A round. This additional funding will support the company’s growth strategy, bringing the power of AI-enabled estate settlement to more families in need.

While online fraud for companies has long been synonymous with payment fraud and account takeovers, a new wave of threats is gaining ground led by first-party chargeback fraud, refund abuse, and, increasingly, AI-powered attacks.  

Nearly half of merchants (47%) now report a rise in fraud perpetrated by known customers.

Nasdaq Verafin today announced the launch of the Agentic AI Workforce, a suite of digital workers that will deliver a step change in the way banks conduct anti-money laundering (AML) compliance by automating low-value, high-volume compliance processes. Building on the successful adoption of its GenAI Entity Research Copilot, Nasdaq Verafin’s Agentic AI Workforce is made up of digital workers that can be deployed by banks to execute complex tasks, including decisioning, with minimal supervision.