Finmo, a Treasury and Payments platform solving for speed, security, and control in modern finance, has officially gone live with Confirmation of Payee (CoP) in Australia, reinforcing its commitment to fraud prevention, regulatory readiness, and customer trust.

Banking Circle S.A. (Banking Circle), the next-generation technology-led payments bank, has completed the acquisition of Australian Settlements Limited (ASL), which is a licenced as an Authorised Deposit Taking Institution in Australia (ADI). The agreement to acquire ASL was signed in December 2024, subject to certain closing conditions including regulatory approvals. 

Whether opening a bank account, accessing government services or buying age-restricted goods online, people are often asked to verify basic details like age or location. Yet too often, this process is slow, confusing or invasive. It shouldn’t be that way. 

Approov Limited (“Approov”), a mobile app security software business, has secured a £1.2m investment from the Investment Fund for Scotland, managed by Maven Capital Partners (“Maven”). This is part of a £5 million funding round with participation from Souter Investments, and existing investors Lanza techVentures and Scottish Enterprise.

Fignum, the specialist lending platform provider, today announces the appointment of Steve Carruthers as Growth Director, marking a significant step in the company's expansion plans. Carruthers joins from Finova, where he served as Business Development Director for Mortgages, leading growth initiatives for the company's Mortgage Sales and Origination platform (MSO).

Three Decades of Industry Expertise

Euronet, a global leader in payments processing and cross-border transactions, and CoreCard Corporation (NYSE: CCRD), a leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced they have entered into a definitive agreement for Euronet to acquire CoreCard in a stock-for-stock merger transaction that values CoreCard at approximately $248 million, or $30 per share of CoreCard common stock. The exchange ratio and other terms of the transaction are described below.

Youverse has been named a finalist for the 2025 Finovate Awards in the Best ID Management/KYC Solution category. This recognition highlights Youverse’s pioneering work in transforming digital identity verification with decentralized biometric identity solutions.

SmartSearch, the UK’s lea

ClearBank, the enabler of real-time clearing and embedded banking, has today announced its partnership with PingPong, the leading provider of embedded cross-border payment solutions for enterprises, financial institutions, and SaaS companies. Through this collaboration, PingPong will leverage ClearBank’s local agency banking solution to enhance its UK offering with virtual business accounts, GBP collections, and Confirmation of Payee (CoP) fun

Chetwood Bank has announced Mark Foulsham will join its Board as non-executive director.

Mark brings more than 30 years of experience in information technology (IT), operations and third-party procurement to the role.