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Mastercard Aims to Strengthen Commitment to Uganda

Mastercard has announced the opening of its first office in Uganda, marking a significant milestone in its expansion across East Africa. This strategic move underscores Mastercard's dedication to fostering financial inclusion and accelerating digital transformation in the region.

Wednesday, February 5, 2025 - 12:27
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Financial IT
MoneyGram Announces Luke Tuttle as Chief Technology Officer

MoneyGram, a financial technology company creating trusted global payments and financial solutions for an increasingly connected world, today announced the appointment of Luke Tuttle as Chief Technology Officer. In this role, Tuttle will lead product development and technology, overseeing engineering, platform operations, information security and emerging technologies like blockchain. He will report directly to Anthony Soohoo, MoneyGram Chairman and Chief Executive Officer, and will serve on the Executive Leadership Team.

Wednesday, February 5, 2025 - 11:58
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Financial IT
Moody’s Maxsight™: The New Platform to Navigate Global Risks Enterprise-Wide

Moody’s has launched Maxsight™ unified risk platform, designed to help businesses decode risk and unlock opportunity across third-party relationships, supply chains, and compliance processes.

Wednesday, February 5, 2025 - 11:55
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Financial IT
Lendscape Announces Leadership Transition and Looks Ahead to a Promising Future

Lendscape, a global leader in secured finance technology, today announces a leadership transition as Kevin Day steps down as Chief Executive Officer. Kevin, who has been instrumental in shaping Lendscape into the global leader it is today, will remain with the company as an Executive Advisor and a member of the Board of Directors.

Wednesday, February 5, 2025 - 11:49
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Financial IT
Safer Internet Day: Ecommpay Records Significant Success in Fraud Protection for Merchants

Ahead of Safer Internet Day 2025 (11th February), inclusive global payments platform, has reported its latest data on fraud protection for e-commerce merchants.  Since early 2022, Ecommpay’s market-leading Graph Analysis tool has unveiled nearly 13,000 fraudulent chains involving almost 51,000 users across 207 unique merchants. 29% were confirmed scammers, while others were part of unsuccessful or unreported fraudulent attacks.

Wednesday, February 5, 2025 - 09:41
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Financial IT
GoCardless and Financial Cloud Partner to Simplify Payments With Direct Debit and Open Banking

Financial Cloud, a leading provider of enterprise software solutions, has partnered with global bank payment company GoCardless to improve payments for financial service providers in the UK.

This collaboration will see GoCardless’ Direct Debit payments and Instant Bank Pay (IBP), its open banking payment feature for one-off payments, embedded directly into the Financial Cloud CRM platform. 

Wednesday, February 5, 2025 - 09:38
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Financial IT
Worldpay to Acquire Ravelin, a Leading AI-Native Fraud Prevention Platform

Worldpay®, a global industry leader in payments technology and solutions, today announced it has entered into a definitive agreement to acquire Ravelin, an AI-native fraud prevention platform headquartered in London, UK. The acquisition of Ravelin will complement and enhance Worldpay’s portfolio of value-added solutions and enable merchants of all sizes to grow faster and protect their businesses as fraud activity accelerates globally.

Wednesday, February 5, 2025 - 09:33
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Financial IT
Froda Expands Partnership With EIF – Unlocking €150 Million in First EU-Wide Microfinancing Guarantee

Froda, a leading provider in SME financing, has strengthened its collaboration with the European Investment Fund (EIF), by securing an additional lending capacity of €100 million. This builds on an existing €50 million guarantee, bringing the total to €150 million and extending Froda’s financing reach across all 27 EU member states.

Wednesday, February 5, 2025 - 09:27
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Financial IT
Boost Payment Solutions Realizes 148% Increase in Transactions Processed in 2024

Boost Payment Solutions, a global leader in B2B payments, today shared some of the company’s key business achievements and momentum metrics from the past twelve months, including handling more than $23 billion in total processing volume – a 91% increase over the previous year, and setting a new company record for largest single card transaction at $65.8 million. The company also strengthened its market position by delivering innovative B2B payment solutions designed to help businesses enhance operational efficiency, optimize working capital and streamline their

Wednesday, February 5, 2025 - 09:16
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Financial IT
Banking Heavyweights to Speak at MoneyLIVE Summit 2025

At MoneyLIVE Summit (10-11 March, London) banking heavyweights will gather to share their strategic insights. 

Take a look at some of the senior decision makers speaking at this year’s conference: 

Wednesday, February 5, 2025 - 08:58
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Financial IT

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