Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Jax Federal Credit Union (JAXFCU) has selected its adaptive AI-powered platform to bolster the institution’s credit decisioning and enhance member experience.

• New research from Mercuryo has shown 34% of UK finance businesses are now using cryptocurrency to facilitate payments
• Three in five businesses report increased demand from customers to accept cryptocurrency as a form of payment
• 55% of all businesses believe cryptocurrency is the future of payments
• Innovation, confidentiality and security are seen as the key benefits to crypto payments
• A third (34%) of UK finance businesses now make payments via the blockchain, according to new research by global payment network Mercuryo.

• The addition of WPM expected to bolster Flywire’s product suite and deliver substantial value to clients
• Acquisition extends Flywire’s customer base and accelerates penetration in U.K. education sector
• Flywire plans to continue to invest in providing best-of-breed client support and leverage WPM’s value-added services, such as strategic consulting, research, and events

 PPRO, the global provider of local payments infrastructure, has appointed Bernie Miles as Chief Technology Officer (CTO) to drive the development of its cross-border payment technology. Bernie will oversee a rapidly growing global team of engineers based across Munich, Berlin, London, São Paulo, and Singapore. His primary objective will be scaling up PPRO’s platform to support the company’s hyper-growth trajectory. 

SunTec to offer Xelerate to help clients modernize with IBM Z

SunTec today announced it has joined the IBM Z and Cloud Modernization Center, a digital front door comprising tools, training and ecosystem partners to help IBM Z clients accelerate the modernization of their applications, data and processes in an open hybrid cloud architecture.

GitLab will create the first integrated observability solution within a DevOps Platform 

• Fnality has developed a first-of-its-kind solution to the significant fragmentation in cross-currency interbank payments 
• ‘Fnality Participant Simulator’, created with FNA, has estimated the daily liquidity requirements reduction for banks when consolidating multiple existing payment rails into Fnality’s payment system
• Potential intraday liquidity savings for participant wholesale banks was found to be between 33% - 70%, reducing funding costs and payment delays

• Partnership with Worldline, Europe’s leading digital payments provider, demonstrates growth of BNPL
• APEXX and Worldline working closely with regulators to ensure upkeep of responsible lending practices

APEXX Global, (APEXX), the multi-award-winning global payments platform, has announced a long-term strategic partnership on Buy Now Pay Later (BNPL) with Worldline, a global leader in the payments and transactional services industry.

 A new independent survey of more than 250 UK banking and financial services companies has revealed how recent technology trends have influenced their long-term strategies: