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Fifth Third Launches New Payables Solution to Solve Clients’ Jobs to Be Done

Fifth Third and Bottomline announced the launch of Enhanced Payables powered by Bottomline and its business payments network, Paymode-X. The solution combines the capabilities of Bottomline’s industry-leading business payments technology with Fifth Third’s extensive banking services to provide customers with a comprehensive suite of payment options.

Tuesday, May 14, 2024 - 15:13
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/news/payments/fifth-third-launches-new-payables-solution-solve-clients-jobs-be-done
Financial IT
Half of Brits Are Now More Wary of Online Banking, as Official Figures Reveal Steady Drop in Positivity Since 2020

Half of Brits are more wary of using online banking and banking apps now than they were 4 years ago, according to new research from personal finance comparison site finder.com.

The most common reason for this decline in confidence was concern about online fraud when using these platforms, with over a third (35%) of UK adults citing this reason.

Tuesday, May 14, 2024 - 14:59
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/news/personal-finance/half-brits-are-now-more-wary-online-banking-official-figures-reveal-steady
Financial IT
Harness Raises $150 Million in New Financing

Harness, the Modern Software Delivery Platform® company, today announced $150 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital, Inc.. The investment will be used strategically to support the expansion of the Harness platform, including the addition of new modules, further integrating generative AI into the platform, and additional investments in the company's go-to-market engine.

Tuesday, May 14, 2024 - 13:49
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/news/fundraising-news/harness-raises-150-million-new-financing
Financial IT
Dubai FinTech Summit Concludes with Over 8,000 Visitors from 118 Countries

The 2nd edition of Dubai FinTech Summit (DFS) organised by Dubai International Financial Centre (DIFC), under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC, concluded with resounding success. The 3rd edition of the Dubai FinTech Summit will be held on 7-8 May 2025, also under the directives of His Highness Sheikh Maktoum.

Tuesday, May 14, 2024 - 12:54
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/news/fintech-startups/dubai-fintech-summit-concludes-over-8000-visitors-118-countries
Financial IT
AbbeyCross Emerging Market FX payments platform hits key milestone: Launch of ABX Studio with US Tier 1 Bank

AbbeyCross, the company focused on transforming the FX and payments landscape for Emerging Markets (EM), announces the launch of ABX Studio with its first US Tier 1 bank client. ABX Studio, the first solution to go live on the ABX Platform, provides unique emerging market FX pricing data directly from multiple EM payments providers, enhancing price discovery and comparison, to support deliverable payments to emerging markets.

Tuesday, May 14, 2024 - 12:11
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/news/trading-systems/abbeycross-emerging-market-fx-payments-platform-hits-key-milestone-launch-abx
Financial IT
PayJoy Launches the PayJoy Card, Helping Customers Build Credit and Achieve Economic Freedom
Tuesday, May 14, 2024 - 11:32
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/news/e-payments/payjoy-launches-payjoy-card-helping-customers-build-credit-and-achieve-economic
Financial IT
Napier AI and Salt Bank Partner to Secure NextGen Banking in Romania

Napier AI, the London-based financial crime compliance RegTech, is pleased to its solution as the anti-money laundering (AML) platform for Salt Bank, the first Romanian neobank with the fastest growing in Southeastern Europe.

Tuesday, May 14, 2024 - 11:27
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/news/aml-and-kyc/napier-ai-and-salt-bank-partner-secure-nextgen-banking-romania
Financial IT
90% of Klarna Staff Are Using AI Daily - Game Changer for Productivity

Klarna, the AI-powered global payments network and shopping assistant, today announced another milestone in its advanced adoption of AI technologies:

Tuesday, May 14, 2024 - 11:16
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/news/artificial-intelligence/90-klarna-staff-are-using-ai-daily-game-changer-productivity
Financial IT
BKN301 Introduces Cutting-edge BaaS Orchestrator Platform to Empower Banks and Fintech Companies

BKN301 Group, a leading digital payments and Banking-as-a-Service with a focus on EMEA region, unveiled its cutting-edge BKN301 BaaS Orchestrator solution with the objective of radically transforming financial landscape. The cutting-edge platform seeks to empower businesses of all sizes, particularly fintech companies and traditional banks, with the capability to incorporate financial features into their existing value propositions.

Tuesday, May 14, 2024 - 11:11
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/news/payments/bkn301-introduces-cutting-edge-baas-orchestrator-platform-empower-banks-and-fintech
Financial IT
Capital.com Announces Appointment of Rupert Osborne as UK CEO

Capital.com, the global retail trading platform whose volumes surpassed USD$1trn in 2023, is pleased to announce the appointment of Rupert Osborne as CEO of Capital Com UK Limited (Capital.com UK), subject to regulatory approval. 

Tuesday, May 14, 2024 - 11:03
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/news/people-moves/capitalcom-announces-appointment-rupert-osborne-uk-ceo
Financial IT

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