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European Brands to Generate €626 Billion by 2028 with Embedded Payments and Embedded Banking Solutions

New data from OpenPayd, a leading global payments and Banking-as-a-Service (BaaS) platform, shows that European brands expect to generate €626 billion over the next five years by implementing embedded payments and embedded banking solutions. The UK is on track to net nearly half (49%) of this market share.  

Wednesday, October 4, 2023 - 08:11
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/news/open-banking/european-brands-generate-eu626-billion-2028-embedded-payments-and-embedded-banking
Financial IT
Sweden’s Brite Payments Raises $60 Million to Accelerate Instant Bank Payments Across Europe

Brite Payments, a leader in instant bank payments, today announced a $60 million funding round led by specialist B2B software investor Dawn Capital and joined by Headline and existing investor Incore. Brite leverages open banking to offer businesses easy-to-integrate, instant account-to-account (A2A) payments and payouts.

Wednesday, October 4, 2023 - 08:05
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/news/fundraising-news/swedens-brite-payments-raises-60-million-accelerate-instant-bank-payments
Financial IT
Saga and Flagstone Partner to Launch Fintech-powered Savings Platform for the Over-50s

Saga, the UK's specialist in products and services for people over 50, has partnered with Flagstone, the UK’s leading cash deposit platform to launch a distinctive new savings platform designed specifically for those over 50. 

Wednesday, October 4, 2023 - 07:49
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/news/personal-finance/saga-and-flagstone-partner-launch-fintech-powered-savings-platform-over-50s
Financial IT
Kroll Launches Digital Platform to Streamline Management of Illiquid Assets and Portfolios

Kroll, the leading independent provider of global risk and financial advisory solutions, today announced the launch of the Kroll Valuation Platform, a cloud-native portfolio analytics and data management platform made for illiquid private assets.  

Wednesday, October 4, 2023 - 07:44
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/news/risk-management/kroll-launches-digital-platform-streamline-management-illiquid-assets-and
Financial IT
Best Innovation Group and Bonifii Announce Joint Development of FIVEGPT

Best Innovation Group (BIG), a pioneer in digital banking solutions, and Bonifii, a leading digital identity company, today announced the joint development of FIVEGPT, a comprehensive digital banking solution that seamlessly bridges voice commands, call centres, and other multi-modal service channels.

Wednesday, October 4, 2023 - 07:41
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/news/digital-banking/best-innovation-group-and-bonifii-announce-joint-development-fivegpt
Financial IT
Paystand Scores Top Spot as Best B2B Payment Platform by Juniper Research

Paystand, the fastest-growing, blockchain-enabled B2B payments platform, today announces Juniper Research has named the company the Platinum winner in the

Wednesday, October 4, 2023 - 07:34
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/news/e-payments/paystand-scores-top-spot-best-b2b-payment-platform-juniper-research
Financial IT
21.co Appoints Senior ETF Leader as Head of Financial Product Development

21.co, the world’s largest issuer of crypto ETPs, today announced the appointment of Mandy Chiu, CFA, the company’s Head of Financial Product Development.

Tuesday, October 3, 2023 - 14:32
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/news/people-moves/21co-appoints-senior-etf-leader-head-financial-product-development
Financial IT
Cohesity Forms Industry’s Largest Alliance of DSPM Vendors

Cohesity has announced it is expanding its Data Security Alliance ecosystem with six leading Data Security Posture Management (DSPM) vendors, including long-standing partner

Tuesday, October 3, 2023 - 14:24
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/news/data/cohesity-forms-industrys-largest-alliance-dspm-vendors
Financial IT
UK Fintech Gemba Chooses ThetaRay for its AML Program to Support Global Growth

Gemba Finance, a leading provider of innovative banking and financial management solutions, and ThetaRay, the leader in next-generation AI-powered trusted global payments, announced today the implementation of ThetaRay’s AI-powered transaction monitoring technology, SONAR, to power Gemba’s growth, while reducing regulatory exposure which

Tuesday, October 3, 2023 - 14:22
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/news/aml-and-kyc/uk-fintech-gemba-chooses-thetaray-its-aml-program-support-global-growth
Financial IT
Chimoney Partners with Interledger Foundation: A Leap Forward in Global Payouts and Financial Inclusion

In a move set to redefine global payments, Chimoney, the Toronto-based, Techstars-backed fintech, unveils its strategic integration partnership with the 

Tuesday, October 3, 2023 - 14:22
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/news/payments/chimoney-partners-interledger-foundation-leap-forward-global-payouts-and-financial
Financial IT

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