European investor Pollen Street Capital invests 35 million EUR in alternative lender Finbee Verslui. This investment will enable more than 1,500 businesses to be financed faster and on more favorable terms than before.

Lending faster and on better terms

Global open banking leader Ozone API has launched a guide to the OBL’s updated UK open banking standards to support CMA9 banks, non-CMA-9 stakeholders and third-party providers (TPPs) through the transition. 

Global Relay, the leading provider of communications compliance solutions for regulated industries, announces its integration between OpenAI’s ChatGPT Enterprise Compliance API and Global Relay’s financial compliance platform.

BBMSL, a leading payment solutions provider in Hong Kong, announced a strategic collaboration with PayMe by HSBC today, becoming a payment acquirer for one of the territory's most popular digital wallets. This partnership allows BBMSL's merchants to provide PayMe as a secure and convenient payment option for their customers.

Ingenico, the global leader in payment acceptance and services, is pleased to announce the appointment of Anushka Weeratunga as its Regional Managing Director in APAC and a member of the Executive Committee, effective immediately.

Anushka, who served as Country Business Leader for the Pacific, has been a driving force of Ingenico's business growth in the Pacific region over the past three years.

The partnership between leading international financial service provider ACE Money Transfer and Trustly, the global open banking payments leader, has provided customers with a smoother and more cost-effective personalized remittance experience through competitive exchange rates, low transfer costs, and enhanced security on remittances.  

After receiving the Account Information Service (AIS) Provider license, the financial data intelligence platform Bud Financial (Bud) is expanding its team in Lithuania. Established in Vilnius last year, Bud’s Lithuanian office will become one of the company’s hubs for technical and risk roles, powering its growth in the region and across Europe.   

In an era where convenience is critical, the travel industry faces significant challenges in meeting consumer expectations around online payments. FinMont, a global payment orchestration platform, has recently shed light on these challenges through a comprehensive survey of European travellers’ online travel booking habits. The findings highlight substantial gaps and opportunities in the current payment processes of travel companies, pointing to a need for significant improvements.

Travel Payment Pain Points