Achieve, the leader in digital personal finance, announces the August 29 close of an offering of $236.35 million in rated notes backed by Achieve Personal Loans.

The Central Bank of Iceland (CBI) has begun analysing and assessing the possibility of implementing the Eurosystem’s TARGET Services, specifically the TARGET Instant Payment Settlement (TIPS) and T2 interbank payment services. TIPS is an instant payment system, while T2 is a system for real-time gross settlement (RTGS) and central liquidity management (CLM). The Central Bank will focus first on TIPS and then follow with T2.

JST Digital, a global financial services firm specializing in digital assets, today announced that its Singapore subsidiary, JST Digital & Technology Pte. Ltd. ("JST Singapore") has received an in-principle approval for a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) to provide digital payment token service.

Curinos, Inc., a leading provider of AI-based decision tools, predictive analytics and science-based platforms, announces the appointment of Greg Ayers as its Chief Financial Officer. He comes to the company with more than 25 years of global experience in strategic and operational finance, revenue growth, M&A activities, geographic expansion, channel expansion and cost optimization.

BlueSnap, a global payment orchestration platform for leading B2B and B2C businesses, has appointed Bill Christensen as SVP, of Acquiring & Risk.

Christensen will lead the company’s global acquiring and risk management teams, working to grow and manage relationships with processors and banks, as well as overseeing the underwriting and risk functions.

Yazara has officially become a part of Global Payments Inc., ushering in a new era of growth and diversification for both companies. This strategic merger positions Yazara and Global Payments to capture a larger share of the expanding SoftPOS and acquiring market across the globe.

Consumer product giant LG has opened its first-ever direct-to-consumer ecommerce store in South Africa, with online payment solution leader Payfast by Network supporting seamless transactions. This is the first time that LG products will be available for purchase directly to consumers rather than through a third-party retailer.  

Amazon Web Services (AWS), an Amazon.com, Inc. company, announced that PT Krom Bank Indonesia Tbk, a member of Kredivo Group, built on AWS services since it launched the Krom digital banking service.  

The Westpac Board of Directors has announced the appointment of Anthony Miller as Group CEO and Managing Director, commencing 16 December 2024.

Mr Miller, currently Chief Executive of Westpac’s Business & Wealth division, will succeed Peter King, who will retire after a 30-year career at Westpac including five years as CEO.

Westpac Chair Steven Gregg said Mr Miller is the right person to take the company into a new era.

Customer expectations of banking have changed drastically over recent years. With the rise of neobanks, the closing of physical branches, and the COVID-19 pandemic, customers are increasingly turning to digital as their primary means of banking. And with the advent of AI in all shades of services, it’s not enough for any type of financial services companies to just have a digital offering. They must be ready to offer best-in-class efficient, integrated options independent if they are consumer centric, commercial or investment banking