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Lemonade Adds PayPal’s CMO to Its Board of Directors

Lemonade, the digital insurance company powered by AI and social impact, announced it has named Geoff Seeley to its Board of Directors.

Mr. Seeley, Chief Marketing Officer of PayPal Holdings, Inc., oversees global marketing for both PayPal and Venmo. Before joining PayPal, Seeley was Global Chief Marketing and Communications Officer at Afterpay, where he helped scale consumer and merchant adoption, culminating in the company’s $29 billion acquisition by Square.

Tuesday, October 7, 2025 - 13:06
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Financial IT
Sumsub Named a Leader in IDC MarketScape for Worldwide Identity Verification in Financial Services 2025

Sumsub, a global verification and anti-fraud leader, today announced it has been named a Leader in the IDC MarketScape: Worldwide Identity Verification in Financial Services 2025 Vendor Assessment (doc # US52985325, September 2025). The report evaluates identity verification providers based on both current capabilities and long-term strategies, assessing how well vendors meet the needs of financial services organizations now and in the years ahead. 

Tuesday, October 7, 2025 - 13:02
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/news/digital-identity/sumsub-named-leader-idc-marketscape-worldwide-identity-verification-financial
Financial IT
SmartSearch Acquires Credas, Accelerating UK Growth in Digital KYC & AML Compliance

SmartSearch has agreed to acquire Credas Technologies Ltd, a leading provider of identity verification solutions for the legal and property sectors. This strategic acquisition, subject to regulatory approval, enhances SmartSearch’s position as one of the UK’s foremost digital Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance platforms.

Tuesday, October 7, 2025 - 11:23
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/news/aml-and-kyc/smartsearch-acquires-credas-accelerating-uk-growth-digital-kyc-aml-compliance
Financial IT
Royal Bank of Scotland Reveals Plan to Launch IP-Backed Loans to Fuel Scottish Growth and Innovation

The Royal Bank of Scotland (RBS) has revealed plans to launch the first IP-backed loans for high growth businesses in Scotland – allowing them to access vital funding using the value of their Intellectual Property as collateral, instead of traditional physical assets.

It follows a change in Scottish law earlier this year whereby the Moveable Transactions (Scotland) Act 2023 took effect, giving lenders the ability to accept effective security over IP rights.

Tuesday, October 7, 2025 - 11:20
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/news/lending/royal-bank-scotland-reveals-plan-launch-ip-backed-loans-fuel-scottish-growth-and
Financial IT
Capital A Leverages Ant International’s AI-Enabled FX Solution to Optimise Treasury Operations and Enhance Customer Experience

Capital A has partnered with Ant International to optimise treasury operations and enhance customer experience for its airline business, AirAsia. By leveraging Ant International’s proprietary Falcon Time-Series Transformer (TST) Model, Capital A was able to better manage AirAsia's cash flows across multiple currencies and in turn, offer more stable, competitive pricing to its customers.

Tuesday, October 7, 2025 - 11:16
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/news/infrastructure/capital-leverages-ant-internationals-ai-enabled-fx-solution-optimise-treasury
Financial IT
Microsoft and Checkout.com Unite to Elevate Enterprise Payments Performance and Build Trust in the Digital Economy

Checkout.com, a leading global digital payments provider, today announced a strategic technology collaboration with Microsoft. As part of the multi-year technology agreement, Checkout.com will adopt Microsoft Azure’s cloud infrastructure to accelerate digital payments performance for its enterprise merchants.

Tuesday, October 7, 2025 - 09:31
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Financial IT
Teya Brings Tap to Pay on iPhone to Merchants Across Europe

Today, Teya, the all-in-one financial services provider supporting local businesses across Europe, now enables its merchants across nine European countries — the UK, Hungary, Iceland, Czechia, Slovakia, Croatia, Portugal, Italy and Spain, to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone.

Tuesday, October 7, 2025 - 09:28
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Financial IT
One-Size-Fits-All Finance Is Over: Moneyhub Enables Financial Institutions to Get Personal

Moneyhub, a financial data, categorisation and personalisation platform, today announced its strategic repositioning to concentrate exclusively on delivering enterprise-grade solutions for financial institutions (FIs). The move, unveiled alongside a vibrant new brand identity under the banner “Build for Real Life”, signals Moneyhub’s commitment to helping FIs truly understand and serve their customers. 

Tuesday, October 7, 2025 - 09:26
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/news/open-banking/one-size-fits-all-finance-over-moneyhub-enables-financial-institutions-get
Financial IT
Two Thirds of Millennial Travellers Say Flexible Payments Are Their Deciding Factor When Choosing Airlines

New research commissioned by Affirm, the payment network that empowers consumers and merchants with flexible and transparent payment options, reveals that payment flexibility is now one of the most important factors influencing travellers when booking flights and holidays. 

Tuesday, October 7, 2025 - 09:24
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/news/payments/two-thirds-millennial-travellers-say-flexible-payments-are-their-deciding-factor-when
Financial IT
Pleo Launches Multi-Currency Accounts to Simplify Global Spending and Help Businesses Tackle Billions Lost in FX Fees

Pleo, one of Europe’s leading spend management platforms, has announced the launch of multicurrency accounts, giving companies the power to hold and spend up to six currencies from a single Pleo card. 

Tuesday, October 7, 2025 - 09:18
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/news/payments/pleo-launches-multi-currency-accounts-simplify-global-spending-and-help-businesses
Financial IT

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