Personetics, the global leader in AI-based personalized engagement solutions for financial institutions, has been prominently featured in a new report from leading analyst firm Celent titled "Personal Financial Engagement Solutions for Retail Banking." The report provides an in-depth analysis of the rapidly evolving personal financial engagement (PFE) solution space and the capabilities of 13 vendors. 

EnFi, a Boston-based AI fintech startup, has secured $7.5 million in seed funding.

This investment round was led by Unusual Ventures, with significant contributions from Boston Seed, Argon Ventures, and Impellent Ventures, recognizing EnFi’s innovative use of financial technology.

Nexi, the leading European PayTech, and Engineering Group, international leader in the digitalization of processes for businesses and Public Administration, will develop a business partnership in digital banking and give life to NOVA, a technology platform designed for different business segments from SMEs to Large Corporate, characterized by a configurable service portfolio and a modular, natively open and cloud-oriented architecture.

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. 

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.

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.

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.

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.

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.

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.