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BNY Mellon and Kyriba Announce Collaboration to Combine Short-Term Investment LiquidityDirect™ Platform With Kyriba’s Scalable SaaS Solution

BNY Mellon, the global financial services company, today announced a new collaboration of its short-term investment platform, LiquidityDirect, with Kyriba, a global leader in cloud treasury and finance solutions.

Wednesday, April 10, 2024 - 10:17
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/news/liquidity/bny-mellon-and-kyriba-announce-collaboration-combine-short-term-investment
Financial IT
JustPaid, AI-Powered Finance Startup, Announces New API for Business Payments

JustPaid, a leading financial technology company – has just announced the launch of its new billing platform API. The platform allows customers, merchants, and other businesses to automatically track product usage and generate invoices by uploading usage data through a simple API integration.

Wednesday, April 10, 2024 - 10:11
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/news/apis/justpaid-ai-powered-finance-startup-announces-new-api-business-payments
Financial IT
Nuvei Secures MPI License in Singapore to Accelerate APAC Expansion

Nuvei Corporation, the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore.

Wednesday, April 10, 2024 - 10:09
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/news/payments/nuvei-secures-mpi-license-singapore-accelerate-apac-expansion
Financial IT
Pomelo Group Appoints Former Thunes CEO, Steve Vickers as New Chief Executive Officer

Pomelo Group, the Singapore-based payment infrastructure platform that enables financial institutions to offer modern payment solutions to their end users, today announced that Steve Vickers, formerly COO of Paysend and CEO of Thunes, has been appointed Chief Executive Officer and will join the company’s Board of Directors. Steve Vickers succeeds Vincent Choi, Pomelo Group’s co-founder, who is stepping down as CEO and joining Pomelo’s strategic advisory board.

Wednesday, April 10, 2024 - 10:05
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/news/people-moves/pomelo-group-appoints-former-thunes-ceo-steve-vickers-new-chief-executive-officer
Financial IT
Money Worries Creating Mental Health Timebomb: Young People Three Times More Likely to See Mental Health Worsen Due to Finances

Young people are three times more likely than older generations to have their mental health impacted by money worries, research from responsible lender, Creditspring reveals.

Four in ten (39%) people aged 18-34 say their mental health has significantly worsened as a direct result of the cost of living crisis, compared to just 13% of over 55s.

Wednesday, April 10, 2024 - 09:56
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/news/personal-finance/money-worries-creating-mental-health-timebomb-young-people-three-times-more
Financial IT
FICO Partners with Atto to Build Predictive Models with Real-Time Transactional Data

Atto, a leading provider of credit risk solutions using transactional data, is thrilled to announce a strategic partnership with FICO, a global analytics software leader, for the UK market. This partnership will enable UK lenders to easily integrate Open Banking data into the credit scoring process.

Wednesday, April 10, 2024 - 09:51
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/news/lending/fico-partners-atto-build-predictive-models-real-time-transactional-data
Financial IT
TransferGo Secures 10 Million USD Investment from Taiwania Capital

TransferGo, the global fintech empowering a world on the move, today announced securing a 10 million USD investment from Taiwania Capital, a leading venture capital firm in Taiwan, backed by Taiwan’s public and private sectors. This investment aims to accelerate growth in the Asia-Pacific region and support the expansion of its new product offerings. 

Wednesday, April 10, 2024 - 08:36
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/news/fundraising-news/transfergo-secures-10-million-usd-investment-taiwania-capital
Financial IT
Neobanks Continue to Outpace Legacy Bank Apps With 18M More App Users in 2023

An analysis from App Radar by SplitMetrics has revealed how European and UK neo and legacy banks have performed in 2023 when compared to 2022. 

Wednesday, April 10, 2024 - 08:28
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/news/digital-banking/neobanks-continue-outpace-legacy-bank-apps-18m-more-app-users-2023
Financial IT
PayDo Launches Embedded Finance

PayDo, a leading Electronic Money Institution (EMI), is on the way to improving digital finance. It will launch an embedded finance feature for SEPA, SEPA  Instant, FPS and SWIFT transactions. 

Now more than ever, financial agility and global connectivity are crucial. PayDo's shift to embedded finance is a game-changer for businesses and individual clients.  

Wednesday, April 10, 2024 - 08:13
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/news/payments/paydo-launches-embedded-finance
Financial IT
How Embedded Finance Can Become the Driver of Financial Inclusion

Financial inclusion is essential for the public, businesses and government nationwide. News in March revealed that the UK experienced the sharpest increase in absolute poverty in 30 years, with almost a fifth (18%) of the UK population in absolute poverty.

Tuesday, April 9, 2024 - 13:42
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Financial IT

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