DirectID, a UK-based, global fintech specializing in credit risk, risk analytics and predictive modelling, using bank transaction data, today announced that Ingka Investments, the investments arm of Ingka Group, has made a EUR 9m minority investment in the company.

Nethone, the challenger machine learning-based fraud prevention company that enables eCommerce merchants and financial institutions to holistically understand their end-users, has been awarded ISO 27001 certification by the International Organisation for Standardization.

TrueLayer, Europe’s leading open banking platform, has today announced its collaboration with the UK problem debt detection and prevention app SuperFi, which will provide open banking variable recurring payments (VRPs) to help customers repay borrowings and avoid fees.

Penn Community Bank, the largest mutual bank in eastern Pennsylvania, 

Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, is announcing a partnership with FranConnect, the marke

Glia, the leading provider of Digital Customer Service (DCS), and ebankIT today announced a partnership aimed at humanizing the digital banking service experience for ebankIT clients. ebankIT will now offer Glia’s DCS solution for digital-first customer service as part of its digital banking platform.

AML RightSource, the leading provider of Anti-Money Laundering (“AML”), Know Your Customer (“KYC”) and Bank Secrecy Act (“BSA”) compliance solutions, announced today that Florida-based bank Banesco USA has selected its Automated EDD (Enhanced Due Diligence) solution for efficient, compliant customer risk reviews with streamlined, AI processes that deliver detailed assessments and reporting.

G-P (Globalization Partners), the leading Global Employment Platform™, and Wise, the global technology company building the best way to move money around the world, today announced a partnership that will power the future of how businesses pay international freelancers and contractors.

Ask anyone in the industry and most will agree that the current payments processing model simply isn’t working. While most banks are broadly happy with their current payments infrastructure and processing partners, costs are rising and revenues are not growing.