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KAYAK and Affirm Expand Exclusive Partnership Into Canada

Just in time for the busy summer travel season, KAYAK, the world’s leading travel search engine, and Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced the expansion of their exclusive partnership into Canada.

Friday, May 23, 2025 - 07:30
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Financial IT
OpenFX Raises $23M in Initial Funding to Revolutionize Cross-Border Payments

OpenFX, the FX infrastructure company revolutionizing cross-border payments, today announced its emergence from stealth with $23 million in funding led by Accel, with participation from NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3 and strategic fintech investors. This milestone follows the company's unprecedented growth from $0 to $10 billion in annualized transaction volume in under 12 months since its stealth launch in early 2024.

Friday, May 23, 2025 - 07:26
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Financial IT
Pagaya Accelerates Point-of-Sale Market Penetration

Pagaya Technologies LTD., a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the launch of POSH (Pagaya Point of Sale Holdings Trust), a new asset-backed revolving securitization program focused on point-of-sale financing (“POS”), which will enable Pagaya to be a growth catalyst for point-of-sale providers in the U.S.

Friday, May 23, 2025 - 07:21
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/news/banking/pagaya-accelerates-point-sale-market-penetration
Financial IT
Ant International Launches Tokenised Deposit Solutions for Real-Time Treasury Management With HSBC

Ant International today announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong. The service will support treasury management with real-time, always-on HKD and USD payments between corporate wallets held by a corporate client at HSBC Hong Kong. The Tokenised Deposit Service is also the first bank-led, blockchain-based settlement service in Hong Kong.

Friday, May 23, 2025 - 07:18
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/news/cryptocurrencies/ant-international-launches-tokenised-deposit-solutions-real-time-treasury
Financial IT
CIMB Bank Taps ACI Worldwide to Advance Payment Transformation

ACI Worldwide, an original innovator in global payments technology, today announced that CIMB Bank, one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, has chosen ACI’s payment solution to converge all account-to-account transactions—real-time, ACH, RTGS and cross-border—onto a single future-proof payments platform.

Friday, May 23, 2025 - 07:15
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/news/digital-banking/cimb-bank-taps-aci-worldwide-advance-payment-transformation
Financial IT
Curve Pay Is the First Wallet in EEA to Compete With Apple on iOS

Curve, the ultimate digital wallet, today announced the launch of Curve Pay on iOS, marking a watershed moment in mobile payments. Curve Pay becomes the first payment solution to leverage the newly accessible iPhone NFC interface after Apple's acceptance of the European Commission's ruling on competition concerns, making it the first-ever viable Apple Pay alternative on iOS.

Thursday, May 22, 2025 - 16:21
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/news/e-wallets/curve-pay-first-wallet-eea-compete-apple-ios
Financial IT
Quant Makes Money Smarter With Rollout of Industry-Wide Programmable Money

Quant, a global leader in fintech and innovation, today announces the rollout of Quant Flow, an industry-first programmable money and banking infrastructure now available via a white-label solution to banks, institutions and corporates across Europe, the Middle East, and APAC.

Thursday, May 22, 2025 - 16:19
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/news/e-payments/quant-makes-money-smarter-rollout-industry-wide-programmable-money
Financial IT
BitGo Launches Crypto-as-a-Service Platform for FinTechs and Banks to Easily Offer Crypto Trading to Their End Users

BitGo, the leading infrastructure provider of digital asset solutions, today announced the launch of its Crypto-as-a-Service (CaaS) platform—a powerful solution designed to enable financial institutions, FinTechs, and enterprises to seamlessly embed crypto functionality directly into their products. 

Thursday, May 22, 2025 - 14:25
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/news/cryptocurrencies/bitgo-launches-crypto-service-platform-fintechs-and-banks-easily-offer-crypto
Financial IT
Keep Raises C$108M to Transform Small Business Banking in Canada

Keep, Canada's first all-in-one financial platform built exclusively for small businesses, today announced a C$108 million in new funding as it emerges from stealth mode. The funding includes C$33 million in equity financing led by Tribe Capital, a C$71 million credit facility from Coventure (Treville), and a C$4 million venture debt line from Silicon Valley Bank.

Thursday, May 22, 2025 - 14:19
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/news/fundraising-news/keep-raises-c108m-transform-small-business-banking-canada
Financial IT
Binance Pay Integrates with Pix, Enabling Instant Crypto-powered Payments in Brazilian Reais Across Brazil

Binance, the world's largest cryptocurrency platform by trading volume and number of users, has integrated its payment solution, Binance Pay, with Brazil's Pix system to enable instant payments in the local currency using cryptocurrencies and transfers to any individual or merchant across Latin America's largest country.

Thursday, May 22, 2025 - 14:13
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Financial IT

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