PPRO, the leading local payments platform, has announced the appointment of three new senior leaders across legal and compliance: Selene Brett as Chief Legal, Risk and Compliance Officer, Marc Kuzak as Legal Director, and Massimiliano Conte as Compliance Director. Through these new appointments, PPRO is bolstering its ability to manage the changing regulatory landscape, mitigate legal risks and enhance governance.

Stripe, a financial infrastructure platform for businesses, today announced a partnership with The Hertz Corporation to power payments for its Hertz, Dollar, and Thrifty car rental brands. Hertz will unify the majority of its in-person and online payment volume onto Stripe as part of its digital rental strategy. 

With exciting regulation and momentum in the realm of Open Banking, it’s vital to understand the coming opportunities and challenges in the industry. Andrew Boyajian from Tink joins us to illuminate the history of Open Banking regulation and where it might go next.

Thank you for joining me today. Why don't you introduce yourself and tell us a bit about your day to day.

Bank of America today announced a record year for its patent portfolio, which has grown to nearly 6,600 granted patents and pending patent applications – a year-over-year increase of 13%, and an increase of nearly 70% since 2019. A record 644 patents were granted to the company last year, an increase of 54% compared to the total number of patents granted in 2019.

FOMO Pay, a leading major payment institution headquartered in Singapore, has implemented Bottomline solution to strengthen efficient payment workflows, effective treasury lifecycle management, and robust regulatory compliance. This strategic collaboration aligns with FOMO Pay’s continuous commitment to streamlining financial processes and fortifying compliance capabilities through leading technologies.

Mox Bank Limited (“Mox”) launched Express Remit, a hassle-free global money transfers service that allows Mox customers to transfer money internationally anytime, from their Mox app. Powered by Wise Platform, Express Remit enables customers to send their money in ten foreign currencies at mid-market exchange rates quickly and seamlessly with transparent fees — all within a few clicks.

Profile, a leading international financial solutions provider, announces the launch of its pioneering AI.Adaptive solution and incorporates the cutting-edge technology introduced by Artificial Intelligence, revolutionising the digital landscape. The solution, enhanced by the capabilities of OpenAI, adopts an LLM-agnostic strategy, enabling the direct and flexible interaction with Profile’s Axia Suite, Finuevo Suite, Acumen.plus, Centevo Suite, RiskAvert and RegiStar platforms.

TrustCommerce, a Sphere company and a leading provider of end-to-end integrated healthcare payments and security software, announced today that it is adding PayPal and Venmo, in the U.S., to its healthcare-focused payments platform, enabling providers to offer patients additional flexibility and modern healthcare payment options.