Finastra’s User Connect Series Emphasizes the Need for Productivity and Growth, Offers Strategies for Compliance
- 16 hours 50 min ago
- Compliance
Finastra, a global provider of financial software applications, hosted leaders from community banks and credit unions across the United States to discuss trends and innovation in consumer, commercial and mortgage lending. The User Connect series, open to current Finastra lending customers, took place in Chicago, Illinois; Scottsdale, Arizona; and Orlando, Florida.
EPC Selects Swift for the EPC Directory Service
- 17 hours 30 min ago
- Payments
The European Payments Council (EPC) is pleased to announce the start of the delivery project for the EPC Directory Service (EDS), after selecting Swift as supplier for the development and operations of the EDS and after signing an agreement at the end of 2024. Swift has been selected as EDS provider after a Request for Proposal (RFP) process running in the second and third quarters of 2024 and the subsequent approval by the EPC Board in...
Nearly Three-Quarters of Businesses Feel Overburdened in the Fight Against Financial Crime
- 17 hours 40 min ago
- Compliance
New data released by SmartSearch, the UK’s leading provider of digital compliance and anti-money laundering (AML) solutions, found that almost three-quarters (72%) of regulated companies feel overwhelmed by ongoing anti-financial crime compliance demands.
QOMODO Welcomes RTP Global and LMDV Capital as New Investors and Raises €13.5M Series A to Revolutionize Payments for Physical Merchants
- 17 hours 50 min ago
- Fundraising News
Qomodo, the "all-in-one" smart payment solution for physical merchants, announces it has raised €13.5M in Series A funding. The round was co-led by RTP Global and LMDV Capital, with participation from Proximity Capital, Primo Capital as well as other notable investors including the founders of FACEIT, Fiscozen and Freetrade (the latter through Lumen Ventures). This builds on previously raised capital at the pre-seed level which included...
Leading Payment Orchestration Platform MoneyHash Raises $5.2M Pre-A Funding
- 19 hours 15 min ago
- Fundraising News
MoneyHash, the first and leading payment orchestration platform operating in the Middle East and Africa (MEA), has secured $5.2M in pre-A funding. Flourish Ventures – a global fintech investor behind industry leaders like Chime, Flutterwave, FairMoney, and Neon – led the round, adding to its portfolio of over 100 fintech startups. Additional investors include Saudi's Vision Ventures, Arab Bank's Xelerate, and Emurgo Kepple Ventures. The round...
Standard Chartered Has Introduced SC PrismFX
- 19 hours 20 min ago
- Infrastructure
Standard Chartered today announced the launch of SC PrismFX, its cross-currency Transactional foreign exchange (FX) solutions suite. SC PrismFX is available for Financial Institution (FI), Non-Banking Financial Institution (NBFI), PayTech, and Corporate clients globally.
Visa and The Walt Disney Company EMEA Form Strategic Alliance
- 19 hours 55 min ago
- Payments
Today, The Walt Disney Company and Visa, a world leader in digital payments, announced a strategic alliance that will bring a host of benefits and offers to millions of Disney fans across Europe, Middle East and Africa (EMEA). The multi-year relationship will make Visa the Official Payment Partner of Disneyland Paris, as well as Disney Store and Disney Theatrical Group in EMEA. Visa will also be able to explore opportunities with other Disney...
Mastercard Collaborates with foodpanda to Fuel the Growth of Pakistan’s Digital Economy
- 21 hours 40 min ago
- Payments
Mastercard has once again collaborated with foodpanda, a Delivery Hero-owned online food and grocery delivery platform, to boost digital payment in Pakistan and support the nation’s transition toward a cashless economy. This collaboration with one of Pakistan’s leading delivery platforms underscores Mastercard’s commitment to advancing financial inclusion and strengthening the country’s digital ecosystem.
European Fintech myPOS Completes First Acquisition to Strengthen Presence in France
- 21 hours 40 min ago
- Payments
myPOS, the London-based fintech platform that pioneered instant settlement, has announced its acquisition of Toporder, a leading French cash register company. This move solidifies the position of myPOS as a payments service provider addressing the unique challenges faced by small and medium enterprises (SMEs).
Worldline and Wix Partner to Expand Commerce & Payments Solutions Online for Businesses in Europe and Asia Pacific
- 22 hours 10 min ago
- Payments
Worldline, a global leader in payment services, today announced a joint strategic partnership with Wix.com Ltd., the leading SaaS website builder platform globally. This collaboration will bring Worldline small and medium enterprises (SMEs) a best-in-class platform to create, manage and grow their online presence, and ultimately increase revenues, while enabling Wix users access to Worldline's local payments and banking solutions to better meet...
Plumery Launches Digital Lending Delivering Loan Application to Disbursement in Under Three Minutes
- 22 hours 40 min ago
- Lending
Plumery, a digital banking experience platform for customer-centric banking, today announced it has launched Digital Lending, a fully end-to-end digital loan origination journey that allows bank customers to go from application to disbursement in 180 seconds.
Responsible Lender Creditspring Provides Over £200M in Affordable Loans to Borrowers During 2024
- 22 hours 40 min ago
- Lending
Responsible lender, Creditspring, provided £207 million in affordable loans during 2024 as borrowers increasing seek short-term financial support. This was an increase of 63% compared to the £127 million lent to Creditspring members in 2023.
Wearable Paytech Provider MuchBetter Partners with Peoples Group to Expand Services into Canada
- 22 hours 50 min ago
- Payments
MuchBetter, the wearable payments tech pioneer, has made its services available to customers in Canada as part of its rapid growth and expansion plans, helping to break down the many barriers of wearable technology for everyday people.
De Volksbank Renews Ohpen Core Banking Contract for Investments and Loans
- 22 hours 50 min ago
- Banking
Ohpen, the SaaS core banking platform for financial institutions and specialist in executing investments operations (BPO) that wants to serve customers better, today announces that it has signed a multi-year BPO partnership renewal with Dutch retail bank, de Volksbank.
Less Than a Third of Crypto Companies Fully Understand MiCA Sustainability Reporting Obligations
- 23 hours 57 sec ago
- Cryptocurrencies
Zumo, the B2B digital assets platform, today launches a new survey report exploring the preparedness of Crypto-Asset Service Providers (CASPs) for the EU’s incoming Markets in Crypto-Assets (MiCA) regulation, with a particular focus on sustainability requirements.
