AccountsIQ, the cloud-based accounting platform, today announced that it has secured a €60M Series C investment from Axiom Equity, a specialist B2B SaaS growth equity fund. The investment will be focussed on continuing to develop the AccountsIQ product to shape the finance function of the future, taking advantage of advancement in AI throughout all aspects of the solution.

President Joe Biden announced his intent to nominate the following individuals to serve as key leaders in his administration:

Today, Bank of America has named Michael Garand as president of Bank of America Worcester. As president, Garand will lead the Worcester market and will be responsible for connecting clients, teammates, and communities to the bank’s eight lines of businesses and the full power of Bank of America. Garand succeeds Ed Shea, who will be retiring later this month after 39 years of service, 18 of those as president of Worcester. 

Visa, a world leader in digital payments, continues to support Vietnam's annual Cashless Day (Jun 16), aiming to propel the country's digital payments ecosystem. Visa is sponsoring the 6th Cashless Day celebration, organized by the State Bank of Vietnam and Tuoi Tre Newspaper. This year's campaign seeks to engage consumers and businesses with exciting activities and special offers, designed to promote digital payments and expedite Vietnam's transition to a cashless society.

Further building on its GenAI leadership in the fixed income market, LTX, an AI-powered corporate bond trading platform backed by global Fintech leader Broadridge Financial Solutions Inc, today announced GenAI-powered List Trading functionality. The new feature allows users to leverage GPT technology to generate and execute multi-asset class, multi-directional trade lists seamlessly via RFQ+.

Fingerprint Cards AB (Fingerprints™) and WiBioCard, an Italy-based smart card integrator specializing in web access authentication, verification and physical and logical access control have partnered to offer innovative smart card solutions for the global access market.

Given the unprecedented development of payment infrastructures and its future prospects, it is essential to invest in a way that is commensurate with the challenges.

The UK is fast becoming a global hotspot for online fraud, which is having a devastating impact on both businesses and the economy.

New research from fraud prevention platform Ravelin shows online fraud is increasing globally but has grown more in the UK in the last 12 months than any of the ten countries surveyed, including France, Germany, Italy, America, Brazil, Australia, and Mexico.

CAB Payments confirms that Neeraj Kapur has received the required regulatory approval and will now take over the role of Group Chief Executive Officer (CEO), Executive Director and member of the Board from Bhairav Trivedi.