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Square Partners With Salt Edge to Offer Open Banking Capabilities to UK-Based SMEs

Square, the technology company that makes commerce and financial services easy and accessible, has partnered with Salt Edge, a leading open banking platform, to help streamline and simplify payment operations for sellers in the UK.

Tuesday, January 14, 2025 - 09:14
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/news/digital-banking/square-partners-salt-edge-offer-open-banking-capabilities-uk-based-smes
Financial IT
FINOM Expands Executive Team to Drive European Growth

FINOM, the leading European digital banking solution for SMEs and entrepreneurs, today announced the appointment of Kristjan Kaar as Chief Product Officer (CPO) and Elke Karskens as Chief Marketing Officer (CMO). These strategic appointments bolster FINOM's leadership team as the company accelerates its growth across European markets.

Tuesday, January 14, 2025 - 08:50
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/news/infrastructure/finom-expands-executive-team-drive-european-growth
Financial IT
Intelligent Lending Announces Acquisition of TotallyMoney

Intelligent Lending has announced the acquisition of TotallyMoney, the award-winning fintech whose focus is on helping the UK’s 23 million financially under-served adults unlock a life of more choices. 

An industry leader in open banking and credit reporting, TotallyMoney’s belief is that people’s data should work for them, not against them. And the free finance app provides personalised insights, plans, and product recommendations to help its customers create financial momentum.

Tuesday, January 14, 2025 - 08:04
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/news/investment/intelligent-lending-announces-acquisition-totallymoney
Financial IT
Bluefin Announces Integration to Visa Platform Connect to Deliver PCI-Validated Point-to-Point Encryption Globally

Bluefin, the integrated payments pioneer in PCI-validated Point-to-Point (P2PE) encryption and tokenization services that protect payments and sensitive data, today announced the integration of their international payment gateway to Visa Platform Connect. The solution initially delivers PCI-validated point-to-point encryption (P2PE) processing on Android devices with Bluefin's P2PE-validated NaTALI payment application connecting to 220 acquirers across the globe.

Tuesday, January 14, 2025 - 07:59
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/news/security/bluefin-announces-integration-visa-platform-connect-deliver-pci-validated-point-point
Financial IT
CFPB Research Reveals Heavy Buy Now, Pay Later Use Among Borrowers With High Credit Balances and Multiple Pay-in-Four Loans

Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in 2022, with most of those consumers having subprime or deep subprime credit scores. The CFPB research also revealed that more than three-fifths of BNPL borrowers held multiple simultaneous BNPL loans at some point during the year, and one-third had loans from multiple providers.

Tuesday, January 14, 2025 - 07:41
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/news/lending/cfpb-research-reveals-heavy-buy-now-pay-later-use-among-borrowers-high-credit-balances
Financial IT
NASA Federal Credit Union Elevates Alkami’s Digital Banking Experience With Push Provisioning

Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., proudly announces its successful collaboration with NASA Federal Credit Union to modernize and optimize its digital banking experience for members by introducing push provisioning. The partnership has resulted in significant improvements in member satisfaction, digital engagement, streamlined technology integration, and comprehensive experiences across mobile and desktop.

Monday, January 13, 2025 - 16:20
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/news/digital-banking/nasa-federal-credit-union-elevates-alkamis-digital-banking-experience-push
Financial IT
AffiniPay Appoints Nathan Waite as Chief Revenue Officer

AffiniPay, a leader in legal practice management software, integrated payments, and embedded fintech solutions for professionals, has announced Nathan Waite as its new Chief Revenue Officer. Waite brings over 20 years of strategic sales leadership and revenue growth experience, having held senior roles in sales and business development at some of the most innovative companies in the financial technology and SaaS industries.

Monday, January 13, 2025 - 16:16
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/news/people-moves/affinipay-appoints-nathan-waite-chief-revenue-officer
Financial IT
OakNorth Completes £1.4M Loan to Support the Acquisition and Redevelopment of a Vacant Residential and Office Building in Fitzrovia

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £1.4m loan to fund the purchase of a 2,690 sq. ft, vacant residential and office building in Fitzrovia, central London.

Monday, January 13, 2025 - 16:02
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/news/investment/oaknorth-completes-ps14m-loan-support-acquisition-and-redevelopment-vacant
Financial IT
AIsa Unveils Groundbreaking Payment Network for the Trillion-Dollar AI Economy

As the artificial intelligence revolution reshapes industries at an unprecedented pace, AIsa announces the launch of its revolutionary payment infrastructure tailored to the unique needs of the AI economy. Traditional payment systems, designed for human transactions, are no longer sufficient to support the lightning-fast, microscopic transactions required by AI agents.

Overcoming the Limitations of Traditional Payment Systems
AIsa identifies three key challenges that current payment networks face:

Monday, January 13, 2025 - 15:57
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/news/payments/aisa-unveils-groundbreaking-payment-network-trillion-dollar-ai-economy
Financial IT
Moody’s to Acquire CAPE Analytics, Adding AI-Powered Geospatial Property Risk Intelligence to Its Industry-Leading Insurance Risk Models

Moody’s Corporation announced today that it has entered into an agreement to acquire CAPE Analytics, a leading provider of geospatial AI intelligence for residential and commercial properties. The acquisition will bring together Moody’s industry-leading Intelligent Risk Platform and catastrophe risk modeling for the insurance sector with CAPE's cutting-edge geospatial AI analytics, creating a sophisticated property database capable of delivering instant, address-specific risk insights.

Monday, January 13, 2025 - 15:47
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/news/artificial-intelligence/moodys-acquire-cape-analytics-adding-ai-powered-geospatial-property
Financial IT

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