The Payments division of StoneX (StoneX Payments) will supply NatWest with third-party delivery and international FX payment services, allowing the bank’s corporate clients to transfer money to more nations with ease. This partnership will support cross-border payments and expand local payment reach in an additional set of 10 currencies, providing access to customers in markets the bank had not previously serviced.

Transaction Network Services (TNS), a global leader in payments infrastructure and managed connectivity services, has launched Complete Commerce – a full-stack, modern, and secure payment and network capability.

The largest bank-powered rewards app in the UK, Cheddar, has expanded its category of partners across grocery and fashion - with Waitrose & John Lewis, Sainsbury’s, and ASOS now available to users. The three retailers join over 150+ brands in helping British consumers save when they spend.

10x Banking, the transformational cloud-native SaaS core banking platform, and Deloitte have announced strategic Alliance Agreements in the US and UK designed to further strengthen cooperation in delivering technology-enabled transformation to financial institutions globally.

finmid – the financial infrastructure innovator helping B2B platforms offer their small & medium customers access to tailored financing support – has emerged from stealth to announce it has raised €35 million in early-stage equity funding from Blossom Capital, Earlybird VC, and N26-founder Max Tayenthal. The funding comes as finmid also announces it has partnered with Wolt, a leading European tech company known for its local commerce platform.

Experian announced that the company was named a Leader in the IDC MarketScape: Worldwide Enterprise Fraud Solutions 2024 Vendor Assessment. The report evaluates each vendor’s advanced fraud detection capabilities, alignment with customer needs, and future strategy and roadmap for innovation.

TokenEx, the leading cloud tokenization provider, and IXOPAY, the leading independent payments orchestration platform, today are announcing their definitive agreement to merge, creating a new leader in global payments optimization. The combined company will be called IXOPAY, a TokenEx Company, and Marc Olesen will lead the combined organization as CEO.

Aurora Payments, a full-service payment solutions provider, today introduced the ARISE Payment Platform, a cloud-based, payment-agnostic modern payment system designed specifically for SMBs (Small and Medium-sized Businesses). The ARISE Payment Platform works in tandem with the ARISE Payment Terminal in a card-present environment or standalone mode in a card-not-present environment.

Over the past decade, consumer behavior toward cash has changed dramatically. The events since the COVID-19 pandemic amplified this. Cash usage dropped across regions, whether mature or emerging economies. 

Now, credit cards, debit cards, and e-wallets are taking over, and we’re on our way to building a cashless society.