Market-leading payment services and data enrichment platform, Tink, has today announced three new appointments based in its UK offices, bolstering its senior leadership team.

Through this partnership, Ryft is enabling its eCommerce merchants within the UK to accept payments from Amex Cards, increasing payment flexibility. Ryft is a unified payment platform designed specifically to power marketplaces and B2B platforms.

Levenue, Europe’s largest revenue based financing company, has acquired MidFunder, a Zurich based FinTech that provides financing for companies with recurring revenue. The acquisition marks a strategic move to enhance its Swiss operations.

Founders address market gap with MidFunder

PayPal Holdings, Inc. today announced the appointment of Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer, effective March 18. Aaron will have end-to-end accountability for global financial crime and fraud prevention programs, regulatory and government relations, and risk and compliance management. 

Wolters Kluwer Corporate Performance & ESG (CP & ESG) has launched its CCH® Tagetik Global Minimum Tax expert solution in North America.

Nexi, the European PayTech, recorded an 88% increase in the value of in-store smartphone and smartwatch transactions in Italy, new data reveals. The technological infrastructure of the group is proving indispensable for driving the growth of an evolving sector. According to further data released by the Innovative Payments Observatory of the School of Management of the Polytechnic of Milan, mobile-based payments increased by 78% overall in Italy last year, reaching a value of 29 billion euros.

Rothesay, the UK’s largest pensions insurance specialist, today announces that it has agreed to acquire the c.£6 billion Scottish Widows in-force bulk annuity portfolio from Lloyds Banking Group. The business to be transferred covers the pension benefits of c.42,000 people.

Digital bank N26 has announced the launch of its Instant Savings accounts in a further 13 markets across Europe. From today, customers in Austria, Belgium, Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Slovakia and Slovenia will be able to earn up to 4% interest per annum on their savings, without deposit limits and at no additional cost.

The allure of AI is undeniable. From self-driving cars to composing music, it seems there's nothing AI can't do. This excitement can easily transfer to the finance world, where many decision-makers are tempted to jump on the AI bandwagon. Exercise a bit of caution before you sign up for the newest AI tool on the market. Just because AI is a powerful tool, it doesn't mean it's the answer to every financial headache.