Folio, the financial operations platform built for hospitality, announced a $14 million Series A today, led by Thrive Capital and Construct Capital, with participation from Redseed VC and SciFi VC.
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Paychex, Inc., an industry-leading human capital management (HCM) company, announced today a new partnership with SoFi, a one stop shop for digital finance solutions, to bring the financial well-being resources and solutions of SoFi at Work to users of Paychex Flex® Perks.
Citi and Ant International announced today that they are piloting the use of Ant International's Falcon Time-Series Transformer (TST) Model to deliver an enhanced FX risk management solution for their customers.
For the third consecutive year, Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, has won the Waters Rankings award for Best Algorithmic Trading Provider. Voted on by thousands of end users and industry professionals across the buy side and sell side, the Waters Rankings reflect “best-in-class” service providers across 35 categories, recognizing initiatives, innovation and achievements of the industry’s technology and data providers over the past 12 months.
The proposals include requiring lenders to check that people can afford to repay BNPL loans and to offer support if they get into financial difficulty. They form part of the FCA's commitment to helping consumers navigate their financial lives. BNPL borrowers will also be able to complain to the Financial Ombudsman Service if something goes wrong. The rules would take effect when BNPL comes under the FCA's remit in 2026.
Sarah Pritchard, deputy chief executive at the FCA, said:
Simply Asset Finance, the fast scaling specialist business lending provider, has unveiled Kara, a new virtual agent that will optimise the user experience, streamline processes and expedite lending decisions.
Temenos, a global leader in banking technology, today announced it has been recognized as the World’s Best Core Banking Solution in the Euromoney Awards for Excellence 2025.
Gresham, a global leader in ente