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Accelerated Payments Appoints Dermot Nutley as Chief Operating Officer

SME funding provider Accelerated Payments announced today that it has made another strategic appointment with Dermot Nutley stepping into the role of Chief Operating Officer. 

Thursday, August 4, 2022 - 15:59
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Financial IT
Detected Appoints Fintech and Payments Leader as Chief Revenue Officer

Detected, the London-based fintech that provides frictionless global business onboarding, today announces that it has hired Top 100 Women in Fintech, Rebecca Duckworth, as Chief Revenue Officer.

Thursday, August 4, 2022 - 15:56
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/news/people-moves/detected-appoints-fintech-and-payments-leader-chief-revenue-officer
Financial IT
Square Study Reveals the Digital Transformation of the UK’s Professional Services Industry

Square, the globally trusted software, payments, and hardware solution for businesses of all sizes, has today released new research that looks at the future of professional services across the UK. 

Thursday, August 4, 2022 - 14:45
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Financial IT
Wirex Credit Launches in UK and Expands Crypto Collateral Options

Wirex, a leading crypto and payments ecosystem, has expanded the Wirex Credit program to new regions and developed additional features. Their crypto-back credit lines are now available to UK users and has added WXT as a token to be used as collateral.

Thursday, August 4, 2022 - 14:39
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/news/cryptocurrencies/wirex-credit-launches-uk-and-expands-crypto-collateral-options
Financial IT
Ranqx Expands Visa Partnership to North America

Ranqx, the digital lending platform built specifically for lenders to small-to-medium sized businesses (SMBs), expands its work with Visa into North America.

Thursday, August 4, 2022 - 14:35
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/news/lending/ranqx-expands-visa-partnership-north-america
Financial IT
Mastercard SpendingPulse: U.S. Consumers Continued to Spend in July while Navigating High Inflation

According to Mastercard SpendingPulseTM, which measures in-store and online retail sales across all forms of payment, U.S. retail spending excluding automotive increased +11.2% year-over-year in July, while retail sales excluding automotive and gas rose +9.0%. Notably, e-commerce sales were up 11.7% YOY, a sharp increase after months of softer growth.

Thursday, August 4, 2022 - 14:26
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/news/e-commerce/mastercard-spendingpulse-us-consumers-continued-spend-july-while-navigating-high
Financial IT
Eventus Wins Fourth Major Award in Five Weeks with Risk Technology Award for Trade Surveillance Product of the Year

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, today won its fourth major award in the past five weeks as the firm’s Validus platform was named Trade Surveillance Product of the Year at the 2022 Risk Technology Awards.

Thursday, August 4, 2022 - 14:21
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/news/risk-management/eventus-wins-fourth-major-award-five-weeks-risk-technology-award-trade
Financial IT
Aarav Solutions Enables Equifax® Canada to Launch New Automated and Cloud-based Billing and Invoicing System

Aarav Solutions announced today its role as System Integrator (SI) partner on Equifax Canada’s Global Financial System (GFS) billing platform. 

The GFS initiative is part of Equifax’s mission to streamline multiple billing processes into one global billing system and replaces Equifax Canada’s legacy accounting and invoicing system. The launch highlights Aarav Solutions’ position as a worthy SI player on the international stage.

Thursday, August 4, 2022 - 14:08
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/news/e-billing/aarav-solutions-enables-equifaxr-canada-launch-new-automated-and-cloud-based-billing
Financial IT
Thoma Bravo To Acquire Ping Identity For $2.8B

Ping Identity, provider of the Intelligent Identity solution for the enterprise, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, for $28.50 per share in an all-cash transaction valued at an Enterprise Value of approximately $2.8 billion.

Thursday, August 4, 2022 - 13:57
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Financial IT
B2B Payments Startup Paystand Acquires Mexican Peer Yaydoo

Paystand, the leader in blockchain-enabled accounts receivable and B2B payments, today announced the acquisition of Yaydoo, the leader in accounts payable, cash flow management, and liquidity solutions in Mexico and LATAM.

The deal represents one of the biggest technology unions in Mexico and LATAM and makes commercial blockchain-based solutions more accessible across the Americas.

Thursday, August 4, 2022 - 13:49
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Financial IT

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