Stabiliti, a leader in Climate Fintech, is proud to announce Worldline UK&I, a global leader in payment and transactional services, as its first go-to-market client and re-seller partner.

The Bank of New York Mellon Corporation is streamlining its brand under a new umbrella identity. BNY Mellon Investment Management and BNY Mellon Wealth Management will now be known as BNY Investments and BNY Wealth, respectively. Additionally, BNY Mellon Pershing will be rebranded as BNY Pershing. Despite these changes, the company's legal parent name remains The Bank of New York Mellon Corporation.

Today, Citi and Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, announced a collaboration to launch Citi’s first-of-its-kind 24/7 USD Clearing service in the Middle East. This makes Emirates NBD the first bank to use Citi’s 24/7 USD Clearing service to make cross-border USD payments available to their corporate and retail clients 24 hours a day, 7 days a week, 365 days a year, end to end across their branch network.

FreedomPay, the global leader in Next Level Commerce™, today launches Merchant Centric Acquiring™ (MCA), the first-of-its-kind, independent and impartial advisory service available to merchants in the United States & Canada that democratizes payment processing, delivering a more equitable payment system for their business.

FreedomPay’s MCA service directly addresses merchant pain points:

WealthKernel, a digital investing infrastructure provider, today announces a new partnership with Fint Invest, a digital wealth-building and educational platform catering to the next generation of investors. 

Fint, a digital solution powered by IronMarket Wealth, aims to help young investors by offering them modern portfolios aligned to their areas of interest, such as climate change, disruptive technology, and e-sports. 

Dubai-based NOW Money, today announces it has closed on a $4 million equity round. The investment completes the second round of funding for the company since its acquisition led by Mark Nutter and Nicolas Andine in 2023.

Today, Sumsub, a global full-cycle verification provider, revamped its Business Verification solution with expanded coverage and data sources to improve data quality and enhance user experience.

Airwallex, a leading global payments and financial platform for modern businesses, saw robust customer growth in Hong Kong, with its transacting customer base increasing by 79% YoY in the first quarter of 2024. 

Entrust, a global leader in delivering identity-centric security solutions for governments and enterprises worldwide, today announced the launch of its Citizen Identity Orchestration solution. Governments now can streamline the delivery of public services through secure digital identities, embedding trust in every citizen interaction.

Starling Group today publishes consolidated results for Starling Bank, Engine by Starling and Fleet Mortgages, for the year ending 31 March 2024. The results show a third year of profitability for the Group, driven by strong growth in revenue, deposits, active customers and customer transactions. 

The UK digital banking group reports a 54.7% increase in pre-tax profits to £301.1m. Revenue grew by 50.6% to reach £682.2m, while total deposits were up 4% to £11bn.