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TrueLayer Expands Partnership with Stripe to Power New Pay by Bank Feature in the UK

TrueLayer, Europe’s leading open banking payments network, today announces an expansion to its partnership with Stripe.

Monday, September 9, 2024 - 15:08
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Financial IT
1 in 5 Canadian Businesses Experienced Payment Fraud in the Past 6 Months - Despite 63% Feeling Confident in Protecting Their Business Against Scams

 A new study from Payments Canada reveals that Canadian businesses have a higher rate of payment fraud compared to Canadian consumers at 20% versus 13%, respectively, although the types of fraud were similar for both segments. Impersonator fraud, originating from a phone call, message or email that appears to be from a trusted business source (25%), intercepted business e-Transfers (22%) and credit card fraud (20%) were the most common types of fraud. The amount lost was $3,000 or less for the majority of these businesses (63%).

Monday, September 9, 2024 - 15:02
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Financial IT
Rapid Finance Integrates with Q2 Digital Banking Platform

Rapid Finance, a leading small business financing platform specializing in providing customized solutions, today announced its integration with Q2’s Digital Banking Platform and its participation in the Q2 Partner Marketplace. Q2 Holdings, Inc. is a l

Monday, September 9, 2024 - 14:13
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Financial IT
DailyPay Rebrands Its Card, Adding New Merchant Cash Back Offers

DailyPay, a worktech company and leading provider of earned wage access, is rebranding its "Friday by DailyPay Visa® Prepaid Card," launching the 'DailyPay Visa® Prepaid Card.'  The newly rebranded DailyPay Card adds additional capabilities to DailyPay's existing suite of money movement services to help meet the needs of employees on their financial wellness journey.

Monday, September 9, 2024 - 14:08
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Financial IT
Adyen's Intelligent Payment Routing Achieves 26% Cost Savings and Improves Payment Performance on US Debit Transactions

Adyen, the global financial technology platform of choice for leading businesses, today announced Intelligent Payment Routing for US debit payments, the only AI-based solution in the market that simultaneously optimizes and improves revenue and lowers costs. In a pilot of over 20 enterprise merchants — including eBay, 24 Hour Fitness, Microsoft, among others — Adyen achieved an average of 26% cost savings with a 0.22% uplift in authorization rates against earlier debit performance.

Monday, September 9, 2024 - 14:05
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Financial IT
Achieve Closes $263.3 Million, AAA-Rated Personal Loan Securitization

Achieve, the leader in digital personal finance, announces the August 29 close of an offering of $236.35 million in rated notes backed by Achieve Personal Loans.

Monday, September 9, 2024 - 14:00
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Financial IT
The Central Bank of Iceland Launches Feasibility Assessment on Implementing Eurosystem’s TARGET Services for Payments

The Central Bank of Iceland (CBI) has begun analysing and assessing the possibility of implementing the Eurosystem’s TARGET Services, specifically the TARGET Instant Payment Settlement (TIPS) and T2 interbank payment services. TIPS is an instant payment system, while T2 is a system for real-time gross settlement (RTGS) and central liquidity management (CLM). The Central Bank will focus first on TIPS and then follow with T2.

Monday, September 9, 2024 - 13:52
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Financial IT
JST Digital Obtains In-Principle Approval for a Major Payment Institution Licence from Monetary Authority of Singapore

JST Digital, a global financial services firm specializing in digital assets, today announced that its Singapore subsidiary, JST Digital & Technology Pte. Ltd. ("JST Singapore") has received an in-principle approval for a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) to provide digital payment token service.

Monday, September 9, 2024 - 13:10
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Financial IT
Greg Ayers Joins Curinos as Chief Financial Officer

Curinos, Inc., a leading provider of AI-based decision tools, predictive analytics and science-based platforms, announces the appointment of Greg Ayers as its Chief Financial Officer. He comes to the company with more than 25 years of global experience in strategic and operational finance, revenue growth, M&A activities, geographic expansion, channel expansion and cost optimization.

Monday, September 9, 2024 - 13:07
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Financial IT
BlueSnap Appoints Bill Christensen as SVP of Acquiring & Risk

BlueSnap, a global payment orchestration platform for leading B2B and B2C businesses, has appointed Bill Christensen as SVP, of Acquiring & Risk.

Christensen will lead the company’s global acquiring and risk management teams, working to grow and manage relationships with processors and banks, as well as overseeing the underwriting and risk functions.

Monday, September 9, 2024 - 12:18
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Financial IT

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