UniCredit has today announced plans to bring its back-office activities for securities services across Italy and Germany in house, standardising its set-up and suppliers in a move that is set to create over 200 new jobs.

Today, Spring Financial, a Canadian financial technology company simplifying the lending process for everyday Canadians, announces the launch of 

As we enter 2025, the global economic landscape remains a mix of challenges and potential shifts that will shape markets and industries worldwide. From high interest rates to the evolving impact of AI, there are several key factors that will define the year ahead. While there will be friction in some areas, persistence, agility and out-of-the-box thinking will ensure a competitive edge.

Europe and the UK: Slow Growth Amid High Interest Rates

Zellis, part of the Zellis Group, today announces a definitive agreement to acquire elementsuite, an AI-enabled HR software company. As part of the transaction, elementsuite will be combined with Zellis, the largest provider of payroll and HR software to the UK and Ireland, creating an end-to-end AI-powered HR and payroll platform.

Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in the MENAP region. The Bank's fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets.

Nevermined, the leading provider of AI payment infrastructure for AI-to-AI transactions, today announced it has raised over $4 million in funding to accelerate the adoption of AI-Commerce by enabling AI agents to pay and get paid. The round was led by Generative Ventures, with participation from Polymorphic Capital, NEAR, Halo Capital, Factor Capital, Lyrik Ventures and Arca.

The 2024 holiday shopping season shattered records, with consumers spending $1.2 trillion online globally and $282 billion in the United States, according to a Salesforce report released Monday.

SRM announced a new partnership with the New Hampshire Bankers Association (NHBA). The NHBA will recognize SRM as an official Preferred Partner. This distinguishes SRM as a trusted specialist that New Hampshire banks and bankers can rely on for operational excellence and optimization, including vendor sourcing and RFP support and diplomatic contract negotiations related to signature card networks and payments vendors.

When we think of chargebacks, it’s easy to assume they’re solely an issue for retailers, particularly eCommerce merchants who face high volumes of online fraud. Yet, chargebacks are a growing problem for financial institutions (FIs) as well.

Airwallex, a leading global payments and financial platform for modern businesses, today announced its partnership with Carwow