The Social Market Foundation (SMF) – a cross-party think tank – in partnership with Santander UK, have today published the first-of-its-kind ‘Fraud Threat Prevalence Report’. Through data from a survey spanning 15 countries and 28,000 respondents, the SMF has revealed the global nature of the ‘fraudemic’, and the action that the UK must take to address it1.

Kani Payments, the disruptive global data reconciliation and reporting platform, has today announced a partnership with Cardaq, the fast-growing card issuing and acquiring specialist serving low and medium-risk businesses.

This latest partnership adds to Kani’s impressive momentum, signalling unprecedented demand for its award-winning Software as a Service (SaaS) platform.

Carmoola, the UK-based fintech that is revolutionising car financing, has announced a major new debt deal with NatWest, worth £100 million.

This deal will enable Carmoola to broaden and better serve its customer base, offering dealership-beating car finance rates and further enhancing the car buying experience versus traditional dealership financing. 

Citigroup Inc. and Apollo today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies. The program will include participation from Mubadala Investment Company as Apollo’s strategic partner as well as Apollo’s subsidiary, Athene, both of which will have the opportunity to join commitments appropriate for their respective mandates.

Ebury, global financial services provider and one of Europe's leading fintechs, is partnering with kompasbank. The Danish digital bank helps SMEs release their full potential through easy and fast access to credit and business banking solutions. 

Stripe, a financial infrastructure platform for businesses, today opened its new flagship office in Toronto. The expansion reflects Toronto’s growth as the fourth-largest market for tech talent in North America and reinforces Stripe’s commitment to Canada.

Paymentology, the leading global issuer processor, today announces its strategic partnership with ViaCarte, the user-friendly, customisable payment platform and issuer. This collaboration is set to revolutionise payments across Latin America and the Caribbean (LAC) by providing next-generation card issuance and processing solutions. 

NPCI International Payments Limited (NIPL) has entered into a strategic partnership with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago to develop a real-time payments platform similar to India’s ‘Unified Payments Interface’ (UPI). This collaboration marks a significant milestone, making Trinidad and Tobago the first Caribbean nation to adopt the globally renowned UPI. This builds on the strong, longstanding bilateral ties between the two countries. 

Building on the existing multimarket partnership to accelerate flexible payments adoption in the region, Mastercard and ZOOD, one of the leading digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a virtual BNPL card – ZOOD Card – in Uzbekistan.

Being the first of its kind in the market, the ZOOD Card will enable consumers to convert their purchases into convenient installment plans for in-store, and local and global online shopping outlets.   

Airbase, the leading procure-to-pay solution for mid-market and larger organizations, is excited to announce a new era in financial operations with its launch of AI-powered Touchless AP (accounts payable).