Mollie, one of the fastest-growing payment service providers in Europe, today announced the closing of US$800m (665 million Euro) in a Series C funding round, taking the total amount raised by the company to over US$940m (780 million Euro).

Worldline, the European market leader in payment and transactional services, today announced its collaboration with Cendyn, a leading innovator in CRM, sales, and revenue strategy in the hospitality industry. Thanks to this partnership, hotels can now include secure e-payment solutions in any automated guest communication based on the seamless integration of Cendyn’s CRM, the hotel’s own PMS (property management system) data and Worldline’s e-payment solution.

• Clear, on-demand, insights to help business owners foresee any financial shortfall
• Access to products to help mitigate payment delays
• Quick and simple access to Tide’s network of credit providers

Decimal Technologies, one of India’s leading FinTech firms, announced the appointment of Manish Sharma as the Chief Business Officer for Saarathi, its AI-based one-of-a-kind lending marketplace, specializing in digital transformation of loan files. Manish will be spearheading the expansion of Saarathi, along with optimising the customer experience for the company’s flagship offering.

• Temenos Infinity powers rapid time-to-market for new digital banking experiences, starting from a brand new mobile app for Retail and SME customers
• New app enables Credem to greatly improve its customer experience and achieve a first-class omnichannel experience

ComplyAdvantage, a global leader in AI-driven financial crime risk data and detection technology, today announced that the company has added Know Your Business (KYB) data to create the industry’s first unified and most comprehensive data graph of individuals and business entities.  KYB is the process to verify the identity and understand the risk of a business customer either before or during their on-boarding to a service.

A new report from Juniper Research has found that digital cross-border remittances will grow from $295 billion in 2021 to $428 billion in 2025, with digital transactions returning to pre-pandemic values by 2022.

Market research firm Corinium today released a new report, The Intersection of Data Privacy and Cybersecurity, which examines how data privacy, governance, and security leaders are empowering cyber-secure digital transformations within their organizations. Research uncovered that the vast majority of participants (94%) ranked data privacy compliance as a top priority for their organization.

Fed’s Powell: Inflation Increased, But Remains Transitory