Drip Capital, Inc., a leading cross-border digital trade finance platform, announced a partnership with Onfido, a global digital identity verification and authentication provider, to streamline the onboarding process for new customers.

PayU, the leading online payment service provider operating in 50+ emerging markets, today announces the results of its U.S. survey which reveals a big opportunity for international merchants to capitalize on US consumer demand not being met domestically.  

ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced that Russell Investments has selected ACA’s ARRMA (ACA Regulatory Reporting Monitoring & Assurance) service to help manage its transaction reporting arrangements. ACA has provided MiFIR assurance reviews for Russell Investments since May 2021 and the partnership has now been extended to include EMIR reporting as well.

Satispay— an innovative payment super network —announces a €320 million Series D investment round, led by Addition, taking its valuation to more than €1 billion.  Greyhound Capital, shareholder since 2018, will follow and increase its stake in the company. Other participating investors include Coatue, Lightrock, Block Inc., Tencent and Mediolanum Gestione Fondi SGR, who all joined in 2021.

Armalytix, which streamlines data collection and intelligence to provide financial insights for AML checks to the professional, financial service and betting and gaming sectors, has completed a targeted raise of $ 1 million, to further strengthen its unique Source of Funds offering.

Ahead of its November conference happening in Singapore, the Fixed Income & FX APAC Summit team spoke to Magnus Cattan, who has been in the financial services industry for 23 years. Starting his career working in fixed income pricing, analytics and data collection in London, he became fascinated with fixed income in Asia early while working on his first project early in his career. Today, Magnus Cattan is the VP at ICE Fixed Income & Data Service APAC.

Facctum, a regtech company specialising in cloud-delivered enterprise risk decisioning technology, today announces its completion of the ISO 27001 certification programme. With this achievement, the company will be able to address the primary SaaS data security and governance considerations of financial institutions.  

Mollie, a pioneer in the payments industry and one of Europe’s fastest-growing financial services providers, today unveiled further UK findings from its European Ecommerce Report.

Catherine Lewis La Torre, CEO, British Business Bank, said: “The British Business Bank has successfully delivered against the strategic priorities we set at the beginning of the year.

“We have increased our impact and market reach to smaller businesses across the UK’s regions and Nations and designed innovative programmes while at the same time generating an attractive return on capital employed.

More than one million U.K. customers now bank with Chase, just 12 months after opening its digital bank in the U.K.

On its first anniversary, Chase now holds over £10 billion* in customer deposits in the U.K. and has processed approximately 92 million card and payment transactions since launch.