Sionic, a leading provider of real-time, Pay-by-Bank Commerce (PbBC) services, today announced the launch of its comprehensive fraud detection and mitigation service built exclusively for real-time, bank-to-bank payments at checkouts, whether online, mobile or in-store. Using Google Cloud’s Vertex AI platform, Sionic is able to help financial institutions and retailers detect fraud more effectively.

Amount, a digital origination and decisioning SaaS platform powering consumer and small business deposit account opening and loan origination, today announced the successful close of a $30 million equity capital raise.  The company will use the funds to further invest in its world-class technology and accelerate its progress in the credit union sector, building on Amount’s successful track record of helping financial institutions simplify and streamline their business processes.

PayQuicker, a leader in global payouts orchestration, announced a collaboration with Thunes, a global money movement innovator, to expand its e-Wallet payout capabilities worldwide. The collaboration aims to address the increasing demand for more diverse, and flexible payout methods, especially in emerging markets where e-Wallets serve as essential financial tools.

Encompass Corporation, the market-leading Corporate Digital Identity provider, announces the appointment of Alex Ford to Chief Revenue Officer (CRO) alongside her current position as President of North America. Alex’s new role will play an integral part of the company’s growth and development plans as Encompass continues to pioneer the Corporate Digital

Sling Money, an app designed to make the global transfer of money instant, easy and low-cost, today announced a $15 million Series A round led by Union Square Ventures, Ribbit Capital, and Slow Ventures.

Alkami Technology, Inc., a leading cloud-based 

Apple has announced that with the release of iOS 18.1, developers will soon be able to integrate NFC contactless transactions directly within their iPhone apps using the Secure Element, independent of Apple Pay and Apple Wallet. This new capability, facilitated by the introduction of NFC and Secure Element (SE) APIs, will allow developers to offer a range of contactless services such as in-store payments, digital keys, corporate badges, loyalty cards, and event tickets. Future updates will also support government IDs.

Adyen, the global payments platform of choice for many of the world's leading companies, today announced its expansion in India, following the grant of authorization from the Reserve Bank of India to operate as an Online Payment Aggregator in India for domestic and cross-border payments. The commitment to accelerate payment innovation in India includes a technology hub in Bengaluru (Bangalore) and the launch of local payment processing capabilities.

Oliver Wyman, a business of Marsh McLennan (NYSE: MMC) and a leading global management consulting firm, announced today that Paul Ricard has been appointed as the new Asia-Pacific Head of Insurance and Asset Management, effective immediately. 

The Monetary Authority of Singapore (MAS), DBS, HSBC, OCBC, UOB, SPTel and SpeQtral today signed a Memorandum of Understanding (MoU) to embark on quantum security collaboration and study the application of Quantum Key Distribution (QKD) [1] in financial services. QKD can help financial institutions (FIs) protect the exchange of cryptographic keys to address the cybersecurity threats posed by quantum computing.