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Checkout.com Achieves 45% Growth and Sets Stage for Return to Profitability

Checkout.com, a leading global digital payments company, today announces a profitable end to 2024 and 45% year-on-year net revenue growth in its core business, which serves the commerce and fintech sectors and accounts for 95% of total volumes. These milestones underscore the company’s commitment to delivering the best possible value to global digital enterprises through better payment performance.

Thursday, January 23, 2025 - 10:49
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Financial IT
ELAN Achieves FIDO Biometric Component Certification with Fime

Thursday, January 23, 2025 - 10:45
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Financial IT
Muinmos Announces Advisory Board of World-Class Industry Leaders to Drive Significant Growth

Muinmos has appointed four world-class industry leaders to its newly created Advisory Board to play a pivotal role in the RegTech firm’s ambitious growth plans.

The new Advisory Board members have decades of experience in RegTech, BigTech, Big Data Analytics and Digital Transformation. They have a strong track record in scaling businesses and driving profitable growth for firms within the financial services sector and beyond.

Thursday, January 23, 2025 - 10:39
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Financial IT
Revolut Introduces In-App Calls to Help Customers Expose Phone Call Scams

Revolut, a leading fintech with more than 50 million customers globally has announced the roll-out of In-App calls to personal customers, a new security measure to help customers uncover impersonation scams, and make contact between customer support and customers more reliable and safer.

Thursday, January 23, 2025 - 09:59
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Financial IT
Insurtech Startup Weecover Raises €4.2M Led by Swanlaab and Nauta

Weecover, the Spanish market leader in embedded insurance, has just closed a €4.2 million round of financing to undertake its growth and international expansion plans.

Thursday, January 23, 2025 - 09:00
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Financial IT
Outdated Expenses Processes Leave Employees £690 Million Out of Pocket Annually

New independent research from embedded finance specialist Weavr, conducted via Censuswide, found that employees lose an estimated £690 million annually in unclaimed and unpaid expenses in the UK alone. Surveying over 500 office workers in the UK, Weavr learned that 81% of respondents had been left out of pocket by their employer for longer than a month, leading to financial and mental health concerns.

Thursday, January 23, 2025 - 08:59
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Financial IT
The Payments Association Urges the House of Commons to Address Financial Exclusion

The Payments Association, a trade group representing the payments sector, yesterday presented the policy recommendations that were proposed in its white paper to the House of Commons.

Thursday, January 23, 2025 - 08:55
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Financial IT
Yuno Makes Strategic Hire in Europe as Its Global Growth Continues

Yuno, the world’s leading payment orchestration platform, today announces the appointment of Miguel Duarte Fernandes, as its SVP, Head of Growth and Commercial for Europe, further expanding its geographic footprint. This strategic hire marks a significant step in strengthening Yuno’s global presence and accelerating the company’s expansion into Europe.

Thursday, January 23, 2025 - 08:50
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Financial IT
Saving for a Sunny Day: UK Adults Save Far More for the Things They Want Than the Things They Need

Over one-third of UK Adults say they have £25,000 or more in cash savings,  according to new research from Starling Bank, and it seems that putting money aside for life goals is the key to building up a savings pile. 

36% of UK adults have built up cash savings of at least £25,000, with 17% having £50,000 or more. And it’s not just an older generation sitting on a cash pile - almost 31% of 18-24 year olds are in the £25,000 + club. 

Wednesday, January 22, 2025 - 16:15
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Financial IT
9 in 10 Companies Struggle with Payment Operations Even as Instant Economy Demands Greater Efficiency, Modern Treasury Survey Finds

Modern Treasury, the leading payment operations platform built for the Instant Economy, today released survey results showing that the vast majority of companies continue to struggle with payment operations, leading to higher risk and operational cost, wasted employee time, and greater risk of audit errors.

The Company’s fourth annual State of Payments Operations 2025 report conducted with Harris Poll included responses from 500 U.S. financial decision-makers from companies with 500–9,999 employees.

Wednesday, January 22, 2025 - 16:06
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Financial IT

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