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Sidetrade Introduces First-Ever AI Cash Collection Agent, Autonomous and Interactive

Wednesday, May 21, 2025 - 17:11
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/news/cash-management/sidetrade-introduces-first-ever-ai-cash-collection-agent-autonomous-and
Financial IT
Temenos Launches AI Agent To Transform Financial Crime Mitigation

At the Temenos Community Forum in Madrid, Temenos, a global leader in banking technology, today launched Temenos FCM AI Agent, an advanced screening solution built with AI, real-time evaluation, and robust compliance frameworks to make compliance smarter, faster and more trusted. The solution is generally available (GA).

Wednesday, May 21, 2025 - 16:28
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/news/aml-and-kyc/temenos-launches-ai-agent-transform-financial-crime-mitigation
Financial IT
Trade Wars, Inflation, Economic Uncertainty Push UK Consumers to ‘Weaponise’ Chargebacks

Chargebacks911, a global leader in dispute resolution and chargeback prevention, is warning UK merchants that inflationary pressures, trade disruption, and weakening consumer confidence are creating the perfect conditions for a sharp rise in chargeback abuse.

Wednesday, May 21, 2025 - 16:19
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/news/personal-finance/trade-wars-inflation-economic-uncertainty-push-uk-consumers-weaponise
Financial IT
Qonto Launches Complete Payment Acceptance Suite To Simplify How European Businesses Get Paid

Qonto, the leading European business finance solution for SMEs and freelancers, today announces the launch of its first complete payment acceptance solution seamlessly integrated into the Qonto app, enabling businesses to collect payments anywhere and keep all transaction data synchronised in one account. This strategic expansion marks Qonto's evolution from a business finance leader to a complete financial management one-stop-shop, addressing one of the most pressing needs faced by European SMEs today. 

Wednesday, May 21, 2025 - 14:45
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/news/payments/qonto-launches-complete-payment-acceptance-suite-simplify-how-european-businesses-get
Financial IT
Changing Consumer Preferences Drive Rise in NFC Payments

New research and recent industry insights indicate a clear shift in consumer payment behaviour: contactless payments have moved from being an option to becoming the standard. 

At this year’s MPE conference in Berlin, Mastercard’s Acceptance Lead for Europe, Marie Herbiet, noted that over 90% of in-person transactions across Europe are now contactless. This reflects a global trend, as NFC (Near Field Communication) payments grow exponentially worldwide across all  card brands.

Wednesday, May 21, 2025 - 14:32
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/blog/nfc-contactlesspayments/changing-consumer-preferences-drive-rise-nfc-payments
Financial IT
Flywire Surpasses $320 Million in Past-Due Tuition Collected and 161,000+ Student Enrollments Saved at U.S. Higher Education Institutions

In the United States, more than 100 colleges and universities that use Flywire’s 

Wednesday, May 21, 2025 - 14:25
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/news/payments/flywire-surpasses-320-million-past-due-tuition-collected-and-161000-student
Financial IT
Worldpay Continues Expansion Into Latin America With Domestic Acquiring in Colombia

Worldpay®, a global industry leader in payments technology and solutions, is continuing its expansion into the Latin American market with new domestic acquiring capabilities in Colombia. This expansion further adds to its geographical reach in the region, where it already supports some of the largest merchants across Argentina, Brazil and Mexico.

Wednesday, May 21, 2025 - 14:19
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/news/e-commerce/worldpay-continues-expansion-latin-america-domestic-acquiring-colombia
Financial IT
Fintech Fringe Launches New Marketplace To Boost Fintechs as UK Investment Leads the Way

Fintech Fringe has launched a new Marketplace feature, giving fintechs direct access to trusted expertise and marking the evolution of its community platform, Fintech Fringe Forum, from beta into the go-to platform for scaling within the UK fintech ecosystem.

Marketplace gives fintech founders direct access to trusted experts in talent, fundraising, legal, marketing and compliance - so they can scale with confidence and execute at pace.

Wednesday, May 21, 2025 - 14:16
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/news/fintech-startups/fintech-fringe-launches-new-marketplace-boost-fintechs-uk-investment-leads-way
Financial IT
Airwallex Raises $300 Million at a $6.2 Billion Valuation to Build the Future of Global Banking

Airwallex, a leading global payments and financial platform for modern businesses, has completed a $300 million Series F funding round at a $6.2 billion valuation. The round includes $150 million in secondary share transfers. 

Wednesday, May 21, 2025 - 11:08
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/news/fundraising-news/airwallex-raises-300-million-62-billion-valuation-build-future-global-banking
Financial IT
First Federal Bank of Kansas City Names Josh Hofer as Vice President of Fintech

First Federal Bank of Kansas City has appointed Josh Hofer as its new Vice President of Fintech. In this key leadership role, Hofer will lead the bank's efforts to expand into the Banking-as-a-Service (BaaS) space, working closely with internal teams and external partners to drive innovation and build a sustainable and compliant BaaS program for fintechs.

Wednesday, May 21, 2025 - 10:53
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/news/people-moves/first-federal-bank-kansas-city-names-josh-hofer-vice-president-fintech
Financial IT

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