Embedded Payments for corporate spending represent a huge untapped opportunity for organisations to maximise revenue, create operational efficiencies and provide a better experience for the end customer. Legacy banking systems which underpin the world of business payments are not compatible with tech-first businesses.

Gala Technology and Nuapay (EML Payments Limited’s Open Banking business) have joined forces as pioneers in payment technology to launch Link-Pay-Bank, a ground-breaking instant bank payment solution. This market-leading product creates a seamless, instant experience for both the consumer and the merchant, leveraging the smarts of both SOTpay and Nuapay technologies.

Kiwi, a fintech dedicated to helping consumers build credit history and improve financial literacy, today announced that it has closed a $75 million credit facility and $4.5 million pre-series A funding round. The debt financing was provided by i80 Group an investment firm that specializes in providing credit solutions to growth companies, while Advent-Morro Equity Partners, Altio Capital and Independent Capital led the equity round.

Equifax UK has announced today that its Open Banking technology will be the catalyst for a new partnership with Digilytics AI. Together, the two companies are launching new software which will help lenders to reduce decisioning time so that end users can get responses to mortgage, auto and business loan applications more quickly. 

Leading financial services provider, UEZ Markets, is excited to announce its participation as a Regional Sponsor at the iFX EXPO Asia 2023, one of the largest B2B financial events in the world. The three-day event will take place from June 20-22, 2023, at the prestigious Centara Grand & Bangkok Convention Centre at CentralWorld in Bangkok, Thailand.

FinTech Wales, the independent membership association and champion of the Tech and Financial Services industry in Wales, has recruited Ollie Vincent as its Office and Community Manager. The not-for-profit organisation has also moved to its first office in the centre of Cardiff, featuring a variety of high-quality work and event spaces that are available to members and advocates of the Welsh FinTech ecosystem.   

BNY Mellon today announced the expansion of its short-term investment platform, LiquidityDirect, to incorporate access to mutual funds, enhanced Focused Investing options, interest-bearing demand deposit accounts and sponsored cleared repo Sweep capabilities to help companies maximize liquidity, manage risks and improve performance.

Despite its touted simplicity, social trading can pose a real challenge when it comes to following experienced and knowledgeable traders, especially for those who are just starting out. Finding the right information, keeping up with the latest market trends and price action can get overwhelming. That’s where the ZuluTrade Social Feed comes in.

Stripe, a financial infrastructure platform for businesses, today announced that it has been selected as Zara’s payments partner to process all payments for the retailer’s pre-owned clothing marketplace, Zara Pre-Owne

Panasas®, the data engine for innovation, today announced the launch of its new ActiveStor® Ultra Edge platform, an HPC and AI/ML storage solution designed for edge computing environments. Panasas’ ActiveStor Ultra Edge platform has a reduced footprint and lower entry cost, making it an ideal choice for organisations deploying HPC and AI/ML applications at remote locations, closer to where data is generated, to improve real-time decision-making.