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Brim Financial Secures $85 Million in Series C Funding to Fuel Global Expansion

Today, a leading fintech infrastructure company transforming the credit card platform and payment automation space, Brim Financial secures $85 million Series C funding, on the back of strong revenue growth, rapidly increasing market share, and expansion into the business and commercial segments.

Thursday, April 4, 2024 - 11:13
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Financial IT
Crypto.com App Set for Launch in South Korea

Crypto.com, trusted by more than 80 million customers worldwide and the industry leader in regulatory compliance, security, and privacy, announced today that it is launching the Crypto.com App in South Korea, allowing Korean retail users to trade select cryptocurrencies.

Thursday, April 4, 2024 - 11:07
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Financial IT
Klarna ‘Wikipink’ Challenges Broken US Credit System With Transparent Data

Klarna, the AI-powered global payments network, and shopping assistant, today announced in an industry-first, the launch of a new online initiative – Wikipink – aimed at setting new standards for transparency and responsibility in the credit and lending industry.

Thursday, April 4, 2024 - 11:02
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Financial IT
Worldline and Tabesto Launch the First All-in-One Ordering and Payment kiosk

Worldline, a global leader in payment services, and Tabesto, a major actor in order-taking and payment solutions within the restaurant industry, are proud to announce the launch of the first all-in-one ordering and payment kiosk, using SoftPOS ‘Worldline Tap on Mobile’ technology. This collaboration combines Worldline’s extensive payment expertise with Tabesto’s proficiency in kiosk development to deliver a unique customer experience.

Thursday, April 4, 2024 - 10:36
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Financial IT
NFC Technology Driving Shift from Contactless Card to Device First Approach – ABI Research

NFC Forum has today announced the publication of its bi-annual Near Field Communication (NFC) Usage and Adoption Study.

Thursday, April 4, 2024 - 10:29
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/news/payments/nfc-technology-driving-shift-contactless-card-device-first-approach-abi-research
Financial IT
23% of People Consider Cybersecurity Posture when Choosing a Bank, as Customer Expectations Move Beyond Compliance

Almost a quarter (23%) of US and UK consumers have said that a bank’s approach to cybersecurity is a factor when they consider opening an account, emphasizing the prominence of cybersecurity in consumer decision-making in an increasingly digital landscape. A further 36% stated that while cybersecurity isn’t a factor in selecting their bank, if they were aware of a major data breach, it may influence their selection.  

Thursday, April 4, 2024 - 10:22
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Financial IT
CAB Payments Secures European Payment Service Provider Licence to Expand Into Europe and Accelerate Growth Strategy

CAB Payments Holdings today announced it has expanded into the European Economic Area (EEA) with the establishment of CAB Europe BV, trading as CAB Payments Europe. CAB Payments Europe has secured a payment service provider licence with De Nederlandsche Bank N.V., (DNB) to provide services in the Netherlands and the ability to exercise passporting rights to offer its services across the EEA.

Thursday, April 4, 2024 - 09:40
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Financial IT
ClearBank Grows Income 91% to £111.3m, More than Doubles Deposits to £6.1bn

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today presents the results from its 2023 Annual Report. It shows ClearBank’s first full year of profitability, with strong growth in income, platform and transaction fees, deposits, and clients.

Thursday, April 4, 2024 - 09:34
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Financial IT
Liberis and Shop Circle Partner to Launch E-commerce Small Business Funding in the UK and US

Liberis, the leading global embedded finance platform, announced a partnership with Shop Circle, the number one e-commerce software provider. Shop Circle Capital, powered by Liberis, is designed to offer instant, hassle-free funding. This partnership will enable Liberis to expand its reach within the e-commerce industry through Shop Circle to enable merchants with flexible funding solutions.

Thursday, April 4, 2024 - 09:27
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Financial IT
Raphael Bres Returns to Tradeshift as Chief Product & Technology Officer

Tradeshift, the B2B e-commerce and fintech platform, today announces Raphael Bres has rejoined the company as Chief Product & Technology Officer (CPO). Raphael will spearhead strategic product innovation and technological transformation across Tradeshift’s portfolio of solutions.

Thursday, April 4, 2024 - 09:08
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Financial IT

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