Mastercard continues to expand its cross-border payment solutions with a new connection to Alipay, China’s leading digital open platform under Ant Group.

Bakkt Holdings, Inc. today announced that Andy Main has been appointed President and Chief Executive Officer, effective March 26, 2024. He will succeed Gavin Michael, who is stepping down to pursue other opportunities. Michael will serve in an advisory role through March 2025 to assist in the leadership transition and advise the Board and executive team on strategic matters.

Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., announced today an expansion of its Buy Now, Pay Later offering that allows banks and fintechs to offer cardholders new post-purchase installment payment options via their existing debit or credit card account.

Cytora has announced the expansion of its global advisory board in welcoming insurance industry veteran Emmanuel Clarke. The move is designed to support Cytora’s global growth. 

FreeAgent, the award-winning accounting software for small businesses and their accountants, has expanded its innovative in-app smart tax calculation functionality to be available to all NatWest Group customers within their business banking app.

Investment in new payment solutions is set to power business growth and will enable international expansion, a new report by payments provider Conferma has found.

The Growth Ignition Index report, based on an independent survey of over 400 financial decision-makers from the UK, USA, Canada, Singapore, Australia, Brazil, and UAE, aimed to uncover what businesses think will ignite growth and what stands in their way.

Swift today announced it has been selected to build a service that will reduce the risk of misdirected payments and increase defences against payment fraud, providing Australians with more confidence when sending money. Swift, which built and runs the NPP, was chosen by Australian Payments Plus (AP+) to build confirmation of payee, which is a security measure that helps protect consumers from fraud by confirming the identity of the payee before a payment is made.

End-to-end fraud prevention leader, SEON has had its state-of-the-art cybersecurity solution adopted by Densan System Co., Ltd. to enhance security and convenience across the company’s new digital payment platform, PayLabo.  

Global financial technology leader FIS® has today announced that its SecurLOCK™ card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy.

FlexPoint, a payments automation platform for managed service providers (MSPs) and the businesses they serve announced today that it has raised $35 million of capital through a combination of debt and equity to fund the growth of the company and its vision to provide MSPs with a financial platform to grow and run their businesses.