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Pennies, the UK's leading micro-donation charity, has successfully launched its innovative solution on Castles Technology hardware, a leader in Android payment acceptance. This collaboration enables customers to easily add a small donation to their purchases in-store, seamlessly combining convenience with charitable giving.
Ant International has been appointed as one of the inaugural Foreign Institution Partners (FIPs) of China’s Cross-Border Interconnection Payment Gateway (CPG), established under the guidance of the People’s Bank of China and the Payment & Clearing Association of China (PCAC).
Ant International and Alipay are the largest player in the CPG scheme with the largest number of card network and wallet partners, the broadest use cases and largest business volume.
Global digital transformation company GFT Technologies today announced its work to launch a generative AI powered credit risk assistant in the U.S. to inform and scale lending decisions for private capital firms and banks. The new tool automatically pieces together vast amounts of financial data to create credit reports, reducing timelines from hours and even days to mere minutes while ensuring compliance.
Compass Plus Technologies, a global provider of retail banking and payments software, today announced the launch of FraudAxis, its next-generation fraud management platform designed to help financial institutions detect, prevent, and predict fraud in real time across all payment channels.
Tuum, the leading next-generation core banking provider, today announced it has been selected by Bank CenterCredit (BCC), Kazakhstan’s third-largest bank, to power its new Banking as a Service (BaaS) proposition. This landmark partnership establishes a strategic model for incumbent banks globally to innovate at speed, compete with digital challengers, and unlock new revenue streams through embedded finance.
Time pressures are limiting the ability of small businesses to focus on growth, according to new American Express research, with over two-fifths (43%) of small businesses looking to AI to help tackle this challenge.
WorkFusion, a pioneer in AI agents for financial crime compliance (FCC), today announced it raised $45 million in funding. The round was led by Georgian, a growth-stage B2B investor helping companies scale faster via its AI Lab. The new investment furthers the company’s focus on delivering agentic AI to the burgeoning $155 billion FCC operations industry.
New research from PensionBee, a leader in the consumer retirement market, reveals that September is a pinch point for household budgets, with rising bills leading many to reconsider their long-term savings.
A nationally representative survey of 1,000 UK adults found that utilities and energy bills (26%) and food (20%) top the list of September money worries, followed by back-to-school costs (16%) and rent or mortgage payments (15%).
