Latest news

PayPoint and Teya Announce New Partnership to Facilitate Cash Deposits

4 months 2 weeks ago
Cash management

PayPoint and Teya are delighted to announce its partnership which has led to the launch of a new service for Teya Business Account holders at PayPoint stores nationwide. Teya customers can now access a convenient cash payment service where they can add funds directly into their business accounts at over 29,000 PayPoint stores across the UK.

GoCardless Announces GoCardless for Salesforce on Salesforce AppExchange

4 months 2 weeks ago
Payments

Bank payment company GoCardless has launched GoCardless for Salesforce on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts, empowering customers to access the GoCardless payments platform directly within Salesforce. Customers can tap into GoCardless’ full product suite including Instant Bank Pay, its open banking-powered payment feature and Direct Debit, automating the collection of one-off and recurring...

IDEX Pay Biometric Card Solution Certificated by Visa

4 months 2 weeks ago
Payments

IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS biometric payment application. The IDEX Pay biometric solution includes the IDEX Biometrics proprietary card operating system and latest technology fingerprint sensor with Infineon’s high performing SLC38 secure element.

Tom Adams to Join as New Adyen Chief Technology Officer

4 months 2 weeks ago
People Moves

Adyen announced today that Tom Adams will join Adyen as Chief Technology Officer (CTO). Adams will be succeeding Alexander Matthey, who after a decade of building Adyen will conclude his tenure later this year.

Banking Circle Launches the First Bank-Backed MiCA-Compliant Stablecoin, EURI

4 months 2 weeks ago
Cryptocurrencies

Banking Circle S.A., the innovative, tech-driven payments bank, announces the launch of EURI, a bank-backed stablecoin, compliant with the Markets in Crypto Assets Regulation (MiCA). The launch of EURI follows the implementation of the first phase of the MiCA regulation which applies to asset referenced tokens and e-money tokens from the 30 June 2024.

Howden Integrates FullCircl into Acturis to Enhance Client Experience Whilst Reducing the Cost of Compliance

4 months 2 weeks ago
Insurtech

FullCircl, a software provider that helps insurance brokers accelerate growth and seamlessly integrates compliance into the process, today announces that it has signed a multi-year agreement with Howden, the global insurance intermediary group, in a deal which will help Howden clients ensure correct levels of cover whilst reducing the burden and costs of compliance.

Conotoxia Adds Multi-Currency Cards for Businesses to Its Offer

4 months 2 weeks ago
Payments

Fintech Conotoxia introduces cards for its business customers - with a new image. Companies can order multi-currency cards, which can be used to pay in more than 160 currencies worldwide and make payments in 23 without currency conversion.

Mastercard to Reduce 1,000 Employees as Part of Strategic Global Reorganization

4 months 2 weeks ago
Infrastructure

Mastercard is set to reduce approximately 3% of its global workforce, equating to around 1,000 employees, as part of a strategic reorganization announced earlier this year. The restructuring aims to refocus resources on growth areas and strengthen the company's position in international markets.

Convera Embeds Payments to Deliver a Global Agent Solution with Ascent One

4 months 2 weeks ago
Payments

Convera, a global leader in commercial payments, today introduced its embedded payments solution for the education industry through its new partnership with Ascent One, the world’s first ecosystem purposely built for the education sector. This solution aims to simplify cross-border payments for education agents and international students, addressing a key challenge in the education industry.

52% of Consumers Prefer Insurers Investing in Tech for Better Claims Experience After Severe Weather, Insurity Survey Finds

4 months 2 weeks ago
Insurtech

Insurity, the leading provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, today announced findings from its 2024 Severe Weather Consumer Pulse Survey, revealing deeper insights into consumer opinions on how severe weather events influence their insurance coverage decisions. Insurity’s survey uncovered a shift in consumer priorities, emphasizing that cost is no longer the greatest driver for policy selection.

Sift Unveils ThreatClusters: Revolutionizing Fraud Detection with Industry-Specific Consortium Models

4 months 2 weeks ago
Security

Sift, the AI-powered fraud platform securing digital trust for leading global businesses, today announced the launch of ThreatClusters, a groundbreaking data science innovation for fraud detection. ThreatClusters enhances fraud decision accuracy by adding a critical layer of industry-specific model insights, combining the precision of customer-specific risk models with the broad intelligence of a global model to derive risk signals unique to...

DMI Finance Announces a USD 334 Million Equity Investment by Mitsubishi UFJ Financial Group, Inc.

4 months 2 weeks ago
Fundraising News

DMI Finance Private Limited (“DMI Finance”), the NBFC arm of the DMI Group (“DMI Group”), today announced an INR 2798 crore (approximately USD 334 million) equity investment by Mitsubishi UFJ Financial Group, Inc. (“MUFG”) through its consolidated subsidiary MUFG Bank, Ltd (“MUFG Bank”). This brings the total investment by MUFG in DMI Finance to INR 4712 crores (approximately USD 565 million).

Siepe Raises $30 Million to Transform Data Management in Private Credit and CLO Markets

4 months 2 weeks ago
Fundraising News

Siepe LLC, a trusted provider of software and technology-enabled services for private credit and CLO managers, has raised $30 million in a Series B funding round led by WestCap, a strategic operating and investing firm with $6 billion in assets under management (AUM). The investment will drive a multi-product roadmap, including the expansion of its AI and Machine Learning capabilities, and strengthen strategic partnerships.

Socure Promotes Digital Identity Leader Matt Thompson to Chief Revenue Officer

4 months 2 weeks ago
People Moves

Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, today announced the promotion of Matt Thompson to Chief Revenue Officer (CRO) from Senior Vice President and GM of its public sector business. Thompson will oversee all revenue-generating and partner-facing problem solving functions across Socure’s commercial and government sectors.