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Butter Payments Names Sonali Sambhus as Chief Technology Officer to Support Rapid Expansion and Platform Innovation

Butter Payments, the most intelligent machine learning-powered payments recovery platform, today announced that it has strengthened its senior leadership team with the appointment of Sonali Sambhus as Chief Technology Officer (CTO).

Thursday, November 6, 2025 - 07:00
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Financial IT
Stripe and NEC to Provide Face Recognition Payment Service via Stripe Terminal

Stripe and NEC Corporation have begun exploring integration of the Stripe Reader S700 payment terminal, compatible with the unified commerce solution Stripe Terminal, with NEC's face recognition payment service. By combining Stripe's payment terminals, payment services, and functions with NEC's face recognition technology, which boasts world-leading authentication accuracy*, the companies aim to provide secure, simple, and convenient hands-free payments, enhancing customer experience value.

Thursday, November 6, 2025 - 06:55
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Financial IT
U.S. Bank Launches Split™ World Mastercard®

Today, U.S. Bank  announced a new kind of credit card that enables automatic no-fee, no interest equal monthly payments on all purchases: the U.S. Bank Split™ World Mastercard®.

Split Card introduces a new alternative to traditional Buy Now, Pay Later options – a single solution to manage multiple pay-over-time plans that is backed by a major bank, providing valuable consumer protections and the ability to build credit.

Thursday, November 6, 2025 - 06:55
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Financial IT
Financial Specialist Vivian Tu, Your Rich BFF, Named SoFi’s First Chief of Financial Empowerment

SoFi Technologies, Inc., the one-stop shop for digital financial services, today announced that financial specialist, New York Times bestselling author, CEO and Founder of Your Rich BFF, Vivian Tu, has been named the company’s first honorary Chief of Financial Empowerment. Throughout her career, Tu has built a community of 10 million followers across her platforms. In this new honorary role, Tu will collaborate on financial literacy content and lead a Generational Wealth Fund initiative set to launch in 2026.

Thursday, November 6, 2025 - 06:54
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Financial IT
Marqeta Reports Third Quarter 2025 Financial Results

Marqeta, Inc., the global modern card issuing platform, today reported financial results for the third quarter ended September 30, 2025.

The Company reported Total Processing Volume (TPV) of $98 billion, representing a year-over-year increase of 33%. The Company reported Net Revenue of $163 million and Gross Profit of $115 million, representing increases of 28% and 27%, respectively, year-over-year. GAAP Net Loss for the quarter was $4 million and Adjusted EBITDA was $30 million.

Thursday, November 6, 2025 - 06:52
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/news/infrastructure/marqeta-reports-third-quarter-2025-financial-results
Financial IT
TSB Warns of Spike in Purchase Fraud Ahead of Festive Shopping Season, as Bank Ups Calls to Social Media Firms

With Black Friday and Christmas shopping season looming, TSB is urging consumers to remain vigilant to purchase fraud, as cases spike by 11 percent.

New TSB data reveals that purchase scams now account for 63% of all bank transfer fraud cases reported by its customers – up from 52% in 2024.

The bank also recorded an 11% year-on-year increase in the volumes of purchase fraud cases between January and September 2025, with victims losing an average of £452 per scam.

Thursday, November 6, 2025 - 06:50
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Financial IT
The Kingdom Bank Strengthens Partnership With West Ham United, Becoming an Official Global Partner

West Ham United are proud to announce that The Kingdom Bank has expanded its partnership with the Club to become our Official Global Banking Partner.

After initially joining as an Official Regional Partner for the Eastern Caribbean in March 2024, the Dominica-based bank will now work collaboratively with West Ham United to connect with new audiences across the globe, having seen their monthly transactions double over the past 18 months.

Thursday, November 6, 2025 - 06:50
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/news/infrastructure/kingdom-bank-strengthens-partnership-west-ham-united-becoming-official-global
Financial IT
London Stock Exchange Group Enables Automated Compliance for Digital Asset Market
The Global Legal Entity Identifier Foundation (GLEIF) today named the London Stock Exchange Group (LSEG) as winner of the Global vLEI Hackathon in the Digital Asset and Financial Infrastructures category.
 
Thursday, November 6, 2025 - 06:45
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/news/regtech/london-stock-exchange-group-enables-automated-compliance-digital-asset-market
Financial IT
Cytora and Fenris Partner to Embed Predictive Intelligence Into Commercial Risk Workflows
Cytora, the leading digital risk processing platform, has announced a partnership with Fenris, a provider of real-time data enrichment and predictive AI solutions for the insurance industry. 
 
Thursday, November 6, 2025 - 06:45
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/news/risk-management/cytora-and-fenris-partner-embed-predictive-intelligence-commercial-risk
Financial IT
Smart Money App Plum Expands Cash ISA Bonus to Transfers-In

Smart money app Plum will now be offering its bonus interest rate for transfers-in to its popular Cash ISA product. 

Previously, the bonus rate was only available to customers depositing new funds into their Plum Cash ISA. Transfer-in customers will now be eligible for the full interest rate, including the bonus - a much more competitive rate than many high street banks offer.

Thursday, November 6, 2025 - 06:40
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Financial IT

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