Zelle® today announced that in 2024 the network reached 151 million enrolled users and helped American consumers and small businesses send over $1 trillion—the most money ever sent by a person-to-person payments service in a single year. The total dollar amount sent on the platform increased 27% from 2023, while transaction volume on Zelle totaled 3.6 billion, a 25% increase from the prior year. 

2024 highlights include:

MarketLeap, the first fully integrated AI-driven platform to simplify and scale D2C ecommerce, today announced an $8 million Series A funding round led by Smedvig Ventures, with participation from Expon Capital, Motier Ventures and prominent business angels including former executives from Amazon, SoftBank, and Unilever.

As airlines progress with plans to become modern retailers, the importance of a smooth payments experience grows in importance. Yet outdated airline payments risk undermining efforts to turn airports into retailing hotspots and are the root-cause of traveler frustration, according to a newly published report. 

Serene, a UK fintech innovator dedicated to crafting seamless financial experiences for brands and their customers, has announced the appointment of three major hires to its leadership team, collectively bringing nearly four decades of expertise in data, engineering, and financial services.

ClearBank, the enabler of real-time clearing and embedded banking, launched a new embedded banking service for Capital on Tap, the credit card provider for small businesses. The partnership will see ClearBank provide business savings accounts integrated directly into Capital on Tap’s existing user portal.

Ahead of Valentine’s Day, 

Corpay, Inc. (NYSE: CPAY), a global leader in corporate payments, is thrilled to announce that Corpay’s Cross-Border business has introduced Multi-Currency Accounts, enabling ever-growing businesses to expand their global footprints while enjoying hassle-free and seamless foreign currency management, in one single point of access.s

Ageras, a leading fintech platform for accounting, admin and banking software for small businesses in Europe, has completed the full acquisition of Storebuddy; an integration software specialised in automating accounting processes for online stores.

Experian, a leading global data and technology company, and ValidMind, a leader in model risk management solutions, today announced a strategic partnership designed to transform how financial institutions manage regulatory compliance, operational risk and model governance.

New research from PensionBee, a leader in the UK consumer retirement market, reveals that while UK savers are open to AI playing a role in pension customer support, they are not ready for a fully automated experience.

79% of respondents expressed preferences for a mix of human and AI interaction when managing their pension accounts, highlighting a strong preference for a hybrid approach.