Xceptor, the intelligent automation platform for financial markets, today announced the appointment of Strath Lanyon as its new Chief Client Success Officer (CCSO), effective April 15. Lanyon’s appointment to this newly created role underscores Xceptor's commitment to driving client success and delivering excellent client experiences across its global operations.

Kyriba, a global innovator in liquidity performance, today announced new AI features within its platform designed to improve cash forecasting, bank connectivity-as-a-service and custom report generation. This AI product expansion complements existing AI capabilities for payment fraud detection and cash management optimization. 

Atom bank, the UK’s first app-based bank, in partnership with the County Durham Community Foundation (the Foundation), has today launched the Atom Futures Fund. The Fund aims to encourage and support sixth form students from low-income backgrounds or those who are in the care system to apply to Russell Group universities.

Akoni Hub has formed a partnership with Reliance Bank to make its savings products available on Akoni’s cash management platform.

Akoni’s customers are now able to place money in Reliance Bank’s Instant Access, Notice and Fixed Term Deposit accounts via Akoni’s online system.                                                                                                                      

Airwallex, a leading global payments and financial platform for modern businesses, today introduced the Airwallex Borderless Visa® Card in Canada. The virtual card is issued by Peoples Trust Company, part of Peoples Group, and enables Canadian businesses to easily make payments around the world, everywhere Visa is accepted.

Mimo, the platform simplifying global payments, cash flow, and financial management for SMBs and accountants, has raised £15.5M (€18M) of new investment. The company is launching its platform with this funding, which was led by Northzone.

Appital, the peer-to-peer price discovery and liquidity sourcing technology for asset managers, today announced the appointment of John Coules to the Appital business development team. A former HSBC high tough sales trader, John Coules joins Appital at a time when the business is experiencing significant growth, reaching $4.0bn of buy-side liquidity since the launch of Appital Insights™ in September 2023.

A plurality of the payments industry believes that Authorised Push Payment (APP) fraud is likely to be the biggest threat in 2024 – and that AI technology will be key in combatting it. That’s according to a survey of payment leaders and trailblazers published by The Payments Association, which celebrates innovation and collaboration across the industry.

New research from the Financial Conduct Authority (FCA) has found that while many are struggling to meet financial commitments, the picture has improved over the last year.

The regulator found 7.4m people were struggling to pay bills and credit repayments in January 2024, down from 10.9m in January 2023. This is still higher than the 5.8m recorded in February 2020, before the cost of living squeeze began.

DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that it is working with REGnosys to support industry adoption of the ISDA Digital Regulatory Reporting (DRR) solution and aid compliance with forthcoming global derivatives trade reporting rewrites. The ISDA DRR establishes a golden-source interpretation of market practices and trade reporting logic, developed through industry consensus.