Zumo, the B2B digital assets infrastructure prioritising compliance and sustainability, today announces a new strategic partnership with Crypto Carbon Ratings Institute (CCRI), which provides data on the carbon exposure of investments and business activities related to blockchain.

Airwallex, a leading global payments and financial platform for modern businesses, today announced the U.S. launch of its payment acceptance solution. U.S.-based merchants can use the service to accept payments from domestic and international customers. Additionally, foreign merchants with U.S. entities can provide a localized payment experience to their U.S.-based customers, unlocking higher acceptance rates and lower operating costs.

Standard Chartered today announced that it has joined Visa B2B Connect, a multilateral payment network that enables faster and frictionless account-to-account cross-border payments for its corporate clients.

In response to the growing demand for climate-friendly financial services, fintech and sustainability industry veteran Tim Newell has reached an agreement with climate finance company Aspiration Partners, Inc., to spin off Aspiration's green consumer financial services brand into a new standalone company.

Traydstream, a leading provider of innovative trade finance solutions, is delighted to announce the appointment of Stephan Hufnagl as its new Chief Technology Officer (CTO). Stephan brings a wealth of experience from his tenure at Microsoft, Google and other engineering companies. His appointment marks a significant milestone in Traydstream’s journey towards technological excellence and innovation.

Travelex, a market-leading foreign exchange brand, has launched an FX affiliate referral programme with over 60 local banks across Japan, with over 30,000 of these banks’ customers having subsequently benefited from access to travel money since the programme’s launch late last year.

The FICO UK Credit Card Market Report for February 2024 presents a mixed picture on consumer confidence and financial pressures.  There was an uptick in spending after the usual seasonal dip in January and the number of people missing one and two payments fell. However, payments to balance fell by 3.6% compared to February 2023 and the average balance is higher than the previous month and previous year.

Highlights

Duco, the leading enterprise platform for data automation, today announced the appointment of Josh Monroe as Chief Revenue Officer.

Based in New York, Josh brings a wealth of experience to the role and reports directly to Michael Chin, Duco’s Chief Executive Officer. Josh will lead Duco’s Revenue organization, overseeing global sales, account management, marketing, customer success, solution engineering, and partnerships as the company continues to outperform competitors and accelerate growth.

The cross-border payments space is experiencing exponential growth and is projected to reach $365 billion, globally, by 2032 with a 7.3% compound annual growth rate according to a recent report by