Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators and TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area, today announced that they have entered into an agreement under which Marqeta will acquire TransactPay. This transaction will significantly strengthen Marqeta’s card program management capabilities in the UK and Europe.

Entrust, a global leader in identity-centric security solutions, has announced the launch of the NFC Issuer Wallet Solution for iOS, allowing European financial institutions to build their own wallet within their banking app, in addition to deploying the Apple Pay Wallet.  "Mobile NFC payment, or tap-to-pay, is a preferred payment method for a lot of consumers. Due to the absence of any existing alternative on iOS, Apple Pay has become one of the preferred wallets worldwide.

Flutterwave, Africa’s leading payments technology company, has officially secured a Payment System License to operate in Zambia. This new license positions Flutterwave to deliver affordable and secure mobile money services to enterprises in Zambia, facilitating both local and international trade, while boosting financial inclusion and economic growth. 

Embedded finance specialist, Weavr, has appointed Jon Burrell as its new Deputy CEO. With extensive experience across banking and fintech, Jon is ideally positioned to drive Weavr’s growth ambitions in 2025 and beyond.

XS.com, the multi-award-winning global FinTech and financial services provider, proudly announces the appointment of Stelios Pallis as its new Chief Technology Officer (CTO), underscoring the company’s strategic commitment to technological advancement and innovation.

This white paper examines key artificial intelligence (AI) use cases in financial services and explores the challenges of AI implementation.

Over the last few years, the financial services industry has been working to integrate both predictive and generative AI into their business practices. Early adopters of AI re already beginning to make topline contributions and stand out from their competitors in the industry.

Building on their previous collaboration, Mastercard and Checkout.com will join forces to facilitate seamless disbursements and payouts for individuals and businesses in the UAE. 

Signicat, Europe’s leading provider of digital identity and fraud prevention solutions, has announced a strategic partnership with AML automation specialist Strise. Together, they are launching an integrated solution for Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. This collaboration aims to simplify regulatory processes, enabling businesses to meet complex compliance requirements with efficiency and ease, from onboarding to ongoing compliance. 

Data complexity is hitting asset management and capital market firms hard, new research from AutoRek has found. The study shows that four-in-five (79%) respondents said their reconciliation processes struggle to handle their current data volume, or would struggle if their volumes were to increase.