Adyen , the financial technology platform of choice for many of the world’s leading companies, today announced its partnership with Reece , Australia and New Zealand’s leading plumbing and bathroom supplies business. The payment partnership sees Adyen process payments across Reece’s online and offline stores, creating seamless customer experiences, ensuring safer transactions, and modernizing processes.

Profile, a leading international financial solutions provider, has announced the release of its innovative Digital Investment Hub (“DI.hub”) solution within Finuevo Digital, a next generation digital banking platform.

Currency volatility remains a critical threat to cashflow stability for businesses operating across borders. The sudden surge of the Japanese Yen in August 2024 serves as a stark reminder, costing millions in unforeseen losses for companies with exposure to the currency.

Fawry, Egypt’s leading fintech company, has signed a pioneering Mutual Collaboration Agreement (MCA) with Ottu, the leading Online Payment Management System (OPMS) in the Middle East. Together, Fawry and Ottu aim to redefine Egypt’s online payment landscape, empowering businesses with innovative and efficient payment solutions, with Fawry being Ottu’s first partner in Egypt.

The Office of the Comptroller of the Currency (OCC) today took action to reaffirm that a range of cryptocurrency activities are permissible in the federal banking system. 

Adyen  today published its 2024 Annual Report, providing stakeholders an insight into its business performance, strategy, and key milestones from the past year.  

American Express  today announced that it has entered into an agreement to acquire Center, a software company modernizing expense management.

coeo Inkasso, a leading credit management service in Europe, has partnered with Neonomics to introduce a seamless, cost-efficient payment solution for debt collection bills in Norway. Set to launch in the Norwegian market, Coeo Inkasso will integrate Neonomics' Nello Pay, an open banking-powered solution, enabling individuals to settle outstanding balances directly from their bank accounts—bypassing the friction of traditional payment methods.

Women are critical to the world economy yet remain largely underrepresented, and underbanked as consumers. In fact, more than 40% of women worldwide, equivalent to 1 billion women, still lack access to financial services. Financial equity and inclusion involve providing equal access to financial services and economic opportunities for all individuals. However, the gender gap remains a challenge, particularly in developing countries. For example, only 37% of women in sub-Saharan Africa have a bank account compared to 48% of men.