Aurora Payments, a full-service payment solutions provider, today introduced the ARISE Payment Platform, a cloud-based, payment-agnostic modern payment system designed specifically for SMBs (Small and Medium-sized Businesses). The ARISE Payment Platform works in tandem with the ARISE Payment Terminal in a card-present environment or standalone mode in a card-not-present environment.

Over the past decade, consumer behavior toward cash has changed dramatically. The events since the COVID-19 pandemic amplified this. Cash usage dropped across regions, whether mature or emerging economies. 

Now, credit cards, debit cards, and e-wallets are taking over, and we’re on our way to building a cashless society. 

Rapid Finance, a small business banking platform helping small businesses find customized financing solutions, in collaboration with Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., today announced the launch of the Rapid Access Mastercard.

Vaqat has chosen Abillio's API-based payment infrastructure to streamline student onboarding, tax compliance, and payouts, combined with DAC7 reporting.

Launched in 2022, Vaqat is a marketplace where companies can outsource short intern-like tasks to students from 70 countries and future employers can use such projects as a talent assessment tool.

Over half [54%] of SMEs in the UK were victim to some form of cyber-attack in 2022, up from 39% in 2020. With 1 in 5 reporting that the average cyber attack could cost their business over £4000, the fact that only 17% of small businesses in the UK have a cyber insurance policy in place is eye-opening.

Deblock, the first current account that accepts both euros and cryptocurrencies, has chosen Numeral, the payment technology provider, to manage its SEPA payments. This collaboration allows Deblock to operate as a SEPA participant right from the launch of its product, thereby offering IBANs in its name to its clients.

Avaloq Co-CEO, Thomas Beck is stepping down from his position on the Avaloq Group Executive Board today for retirement, with Martin Greweldinger taking over as Group CEO of Avaloq. During the transition period, Thomas Beck will be available in a senior advisory capacity to Martin Greweldinger, providing support as needed.