Nomupay has completed a third investment round of $37m, bolstering the firm’s ambition to open up the notoriously complex Asian market to international acquirers, merchants, Payment Service Providers (PSPs) and Independent Sales Organisations (ISOs). The final $12m tranche of the September fundraise was led by Endeit Capital, with Uneti Ventures (backed by early Adyen employees) participating. Existing investors continued their support, contributing $25m over the last 18 months.

Akur8, the next generation insurance pricing and reserving solution powered by transparent machine learning, is thrilled to announce that Farm Bureau Insurance Company of Idaho, the largest property-casualty insurance company headquartered in the Gem State, has selected Akur8’s Core Platform solution to streamline the development of high performing, explainable pricing models.

Nium, the leading global infrastructure for real-time cross-border payments, today announced the launch of the Diners Club International® Card for its travel customers. This milestone makes Nium one of the first global card issuers in the travel space to offer cards across the four major schemes.

DailyPay, a leading worktech platform powering daily opportunities for workers and their employers, today named Nelson Chai as Executive Chair of DailyPay. An accomplished executive, Mr. Chai will lead DailyPay's Board of Directors and provide strategic guidance to the organization. Mr.

To keep pace in 2025, institutions must reimagine banking through innovative technology and ecosystems

Siobhan Byron, EVP, Universal Banking

Fraud in the U.S. banking industry is rising, particularly as the shift to digital banking accelerates, increasing costs and negatively impacting consumer experience (CX) and trust. Findings from the latest annual LexisNexis® True Cost of Fraud™ Study: Financial Services and Lending Report — U.S. and Canada Edition revealed that 63% of financial firms reported an overall fraud increase of at least 6% within a 12-month period, with digital channels accounting for half of the overall fraud losses.

Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the integration of ZEN.com, a renowned banking solution, into its fiat deposit and withdrawal channel. With this integration, Bitget users can now seamlessly deposit and withdraw funds using 11 supported fiat currencies, including PLN, CZK, DKK, AUD, CAD, NOK, SEK, CHF and HUF.

OnPay, a leading provider of payroll, HR, and benefits solutions, announced today that it has secured more than $100 million in funding.

The funding consists of a $63 million Series B funding round led by Carrick Capital Partners, with participation from AB Private Credit Investors, the middle market private capital platform of AllianceBernstein, as well as existing investors, and a debt facility provided by MC Credit Partners.

Equiniti (EQ) is pleased to announce the appointment of Dan Kramer as Chief Executive to lead its combined Global Shareholder Services division.

Garanti BBVA Kripto, a subsidiary of Turkey’s Garanti BBVA, has announced its partnership with Bitstamp to enhance cryptocurrency trading services for its customers.

Bitstamp, a globally regulated crypto exchange and subsidiary of Robinhood, will act as the primary liquidity provider through its Bitstamp-as-a-Service platform.