The Commodity Futures Trading Commission today issued an order filing and settling charges against Nasdaq Futures, Inc., formerly a designated contract market (DCM). The order finds Nasdaq Futures, Inc. failed to properly establish, monitor, or enforce rules related to an incentive program Nasdaq Futures, Inc. offered to certain traders on its DCM. The order also finds Nasdaq Futures, Inc.

PayJunction, a leading tech-focused payments company, announced today it has added Text to Pay capabilities to its No-code Payments Integration®, Virtual Terminal, and API. The new feature enables businesses to seamlessly and securely implement Text to Pay into current invoicing workflows, enabling them to accept customer payments via SMS Message. This helps businesses better meet customer expectations while improving collection rates, contributing to overall revenue growth.

Leading fintech Pine Labs and Visa, the global leader in global payments have come together to scale digital payments acceptance and further India’s vision of a digital economy by unveiling Pine Labs Mini, a soundbox-enabled device for QR, Near Field Communication (NFC) and card payments.

The latest Lloyds Bank Business Barometer showed that business confidence remained at 50% in August. Although there was no increase to the overall confidence figure, the result highlighted the continued positivity amongst businesses, with confidence still at the highest level reported since November 2015. 

 Nium, the global leader in real-time cross-border payments, is expanding its operational hub in Vilnius through new hires and a new office facility that will better serve its growing customer base across Europe. This includes:

The application process for the Mastercard Lighthouse Türkiye, an innovative start-up acceleration program that aims to bring fintech startups to international standards, has started. The program enables start-ups to connect with business partners and investors through the Mastercard global network, while accelerating their scaling process through an intensive training program with Mastercard and industry experts.

Global fintech SumUp has reinforced its European operations with a series of strategic executive appointments based at its Dublin office. Niall Mac an tSionnaigh is now CEO of SumUp Limited, SumUp’s Irish operating company, and Alastair Nolan, who joined as SumUp Group’s CFO Europe, will serve as SumUp Limited’s Head of Finance. 

Leeds Credit Union (LCU), in a groundbreaking partnership with software companies LendingMetrics and Singlify, is set to transform the credit union sector with the introduction of a new loan decisioning platform.

TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces today it has secured $25 million in debt financing from a private debt fund managed by Switzerland-based impact investor BlueOrchard Finance Ltd (BlueOrchard).

A new report from global information and insights company, TransUnion, shows that consumers are more optimistic about the likely state of their finances over the next 12 months than at any point over the past two and a half years.