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Digital Payments Demonstrated to Have a Lower Environmental Impact Than Cash

The European Digital Payments Industry Alliance (EDPIA) is pleased to announce the publication of the  Oxford Economics white paper The environmental impact of digital over cash payments in Europe. 

With the study, EDPIA wants to contribute to and engage in the public debate on how the payment value chain can take actively part in achieving a low carbon economy and showcase which areas are likely to deliver the best decarbonization potentials. 

Monday, June 17, 2024 - 10:59
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Financial IT
Open Banking Expo Awards Return to Celebrate Excellence in Open Banking, Open Finance, and Payments

Open Banking Expo, the premier global community of Open Banking and Open Finance executives driving digital transformation in the financial services sector, is thrilled to announce the launch of this year's Awards program.

Following the tremendous success of previous editions, the Open Banking Expo Awards are back for the fourth consecutive year to recognise and honour the trailblazers, innovators, and visionaries worldwide who have spearheaded the Open Banking and Open Finance revolution.

Monday, June 17, 2024 - 09:31
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Financial IT
Shift4 Acquires Majority Stake of German Point-of-Sale Company Vectron Systems AG

Shift4, the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals. Based in Germany, Vectron has ~65,000 POS locations across Europe, representing ~€25 billion in volume opportunity with minimal payment monetization today.

Monday, June 17, 2024 - 09:19
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Financial IT
Mastercard and Thought Machine Accelerate Core Banking Capabilities, Providing Seamless Payment Experiences

Mastercard and Thought Machine, a cloud-native banking technology company, are advancing their partnership to deliver high-quality payments and core banking (critical back-end technology for product and account management and the customer ledger) capabilities to financial institutions looking to modernise their technology stack.

Monday, June 17, 2024 - 09:12
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/news/core-banking/mastercard-and-thought-machine-accelerate-core-banking-capabilities-providing
Financial IT
CleverCards Announces €8M Funding Round

CleverCards, the innovative digital payments platform, has successfully raised €8 million in its latest funding round. This investment includes significant contributions from Pluxee, a prominent player in Employee Benefits and Engagement, as well as additional support from existing investors.

This new round of funding elevates CleverCards' total capital raised to €28 million.

Friday, June 14, 2024 - 16:01
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Financial IT
eBay Launches Venmo as a Payment Option

eBay is expanding payment method choice at checkout by adding Venmo. The move to introduce new, popular and modern payment options aligns with the evolving preferences of today’s digital natives. This convenient, simple, and safe payment method will bring eBay buyers in the U.S. even more choice and flexibility during the checkout experience.

Friday, June 14, 2024 - 15:45
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Financial IT
Vertex Acquires Artificial Intelligence Tax Capabilities from Ryan, LLC

Vertex, Inc., a global provider of tax technology solutions, announced today the acquisition of tax-specific AI capabilities from Ryan, LLC, an award-winning tax services and software firm, designed to manage the complexity of tax mapping more effectively. Financial terms of the transaction were not disclosed.

Friday, June 14, 2024 - 14:28
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Financial IT
InScope Secures $4.3 Million in Seed Round

InScope has officially launched its platform, securing $4.3 million in funding to enhance financial reporting and auditing processes for private companies.

Friday, June 14, 2024 - 14:14
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Financial IT
Hometree Secures £250M Asset-Backed Debt Facility from Barclays for UK’s First Residential Renewable Securitisation

Hometree, the fast-growing residential energy services company, has secured a £250m asset-backed debt facility from Barclays, which will be used to finance over 28,000 residential solar panel systems, batteries and heat pumps across the UK over the next two years.

Friday, June 14, 2024 - 13:28
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/news/investment/hometree-secures-ps250m-asset-backed-debt-facility-barclays-uks-first-residential
Financial IT
Stripe Launches a Series of Enterprise-Grade Solutions for the French Market

Stripe, a financial infrastructure platform for businesses, today announced a range of product and partnership updates for businesses operating in France. This represents Stripe’s largest set of new products for the French market since launching in the country in 2016.

New advanced payments solutions for French businesses on Stripe

Friday, June 14, 2024 - 13:21
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Financial IT

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