Worldline, a global leader in payment services, is further expanding and enriching its partnership with Commerzbank. This extension enables Commerzbank to offer its customers in Austria, France, Italy, the Netherlands, Spain, and the United Kingdom the sending and receiving of real-time transfers in euros. It is also possible to process instant payments in Switzerland in Swiss francs.
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Tink, the market leader in open banking, has launched ‘Risk Signals’ - a rules-based risk engine that unlocks instant payment experiences across Europe while minimising risk.
Axyon AI, a pioneering Italian AI fintech company, has closed its latest funding round led by the US-based venture capital firm Montage Ventures and accompanied by Techshop SGR, alongside other angel investors. The round marks a new chapter in Axyon AI's journey towards revolutionizing the Asset Management industry with cutting-edge AI technology.
Travelex, the market-leading travel money brand in Australia, has relaunched online foreign exchange (FX) cash services for Commonwealth Bank of Australia (CBA), the country’s largest bank.
Kantox, a global leader in Currency Management Automation software, has today announced the launch of Kantox In-House FX. The solution allows companies to centralize the foreign exchange (FX) management and trade executions of their subsidiaries, maximizing exposure netting for the group and enhancing liquidity.
Iliad Solutions, a global leader in payments testing, is offering support to financial institutions integrating the next SEPA Instant Credit Transfer (SCT Inst) rulebook version scheduled to go live in March 2024.
Leading payment orchestration platform, BR-DGE, has announced strong growth in 2023 in response to increasing market demand.
WealthKernel, a wealthtech provider of digital investment solutions, today announces that it has secured an investment of £6 million in a Series A extension round led by ETFS Capital. The round also saw the participation of other prominent investors, including XTX Ventures, the venture capital arm of leading algorithmic trading company XTX Markets.
Elwood Technologies LLP, a leading software-as-a-service platform that provides institutional-grade access to digital asset exchanges and liquidity venues, today announced it has been authorised as a service company by the UK Financial Conduct Authority. This authorization applies to Elwood's execution management system ("EMS") about security tokens and derivatives.
BNP Paribas Personal Finance has joined forces with SuperTech, in collaboration with STEAMhouse as the delivery partner, to unveil the Innovation Lab – aimed at addressing data-led challenges in the financial services sector.