Global Fintech leader Broadridge Financial Solutions, Inc. today announced a new agreement with leading global investment management firm, Schroders, to protect consumers better and prioritize their needs under the U.K. Financial Conduct Authority’s (FCA) Consumer Duty rules.

PingPong, the global cross-border payments platform and business network, today announced the launch of its embedded lending solution. The innovation enables US enterprises of all sizes to facilitate global, cross-border growth. PingPong is expanding its value-added services to deliver fast and seamless access to financing by partnering with Kanmon, an embedded lending solution provider.

Stabiliti, a leader in Climate Fintech, is proud to announce Worldline UK&I, a global leader in payment and transactional services, as its first go-to-market client and re-seller partner.

The Bank of New York Mellon Corporation is streamlining its brand under a new umbrella identity. BNY Mellon Investment Management and BNY Mellon Wealth Management will now be known as BNY Investments and BNY Wealth, respectively. Additionally, BNY Mellon Pershing will be rebranded as BNY Pershing. Despite these changes, the company's legal parent name remains The Bank of New York Mellon Corporation.

Today, Citi and Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, announced a collaboration to launch Citi’s first-of-its-kind 24/7 USD Clearing service in the Middle East. This makes Emirates NBD the first bank to use Citi’s 24/7 USD Clearing service to make cross-border USD payments available to their corporate and retail clients 24 hours a day, 7 days a week, 365 days a year, end to end across their branch network.

FreedomPay, the global leader in Next Level Commerce™, today launches Merchant Centric Acquiring™ (MCA), the first-of-its-kind, independent and impartial advisory service available to merchants in the United States & Canada that democratizes payment processing, delivering a more equitable payment system for their business.

FreedomPay’s MCA service directly addresses merchant pain points:

WealthKernel, a digital investing infrastructure provider, today announces a new partnership with Fint Invest, a digital wealth-building and educational platform catering to the next generation of investors. 

Fint, a digital solution powered by IronMarket Wealth, aims to help young investors by offering them modern portfolios aligned to their areas of interest, such as climate change, disruptive technology, and e-sports. 

Dubai-based NOW Money, today announces it has closed on a $4 million equity round. The investment completes the second round of funding for the company since its acquisition led by Mark Nutter and Nicolas Andine in 2023.

Today, Sumsub, a global full-cycle verification provider, revamped its Business Verification solution with expanded coverage and data sources to improve data quality and enhance user experience.

Airwallex, a leading global payments and financial platform for modern businesses, saw robust customer growth in Hong Kong, with its transacting customer base increasing by 79% YoY in the first quarter of 2024.