Latest Research Unlocks Vast Revenue, Data and Operational Strengths of Virtual Cards
- 3 years 6 months ago
- Payments
A recent whitepaper issued by The Payments Association shows how virtual cards offer strategic opportunities for companies. It also explores how the payment method can empower businesses to adapt to fast-changing market conditions, take control of expenditure, and uncover unique business intelligence insights that will elevate them above their competitors.
Pennsylvania Community Bank Partners with Fintech to Digitize All Aspects of Commercial Lending
- 3 years 6 months ago
- Lending
Quaint Oak Bank and Teslar Software today announced their partnership to enhance the bank’s commercial lending strategy. The $750 million-asset community bank will leverage Teslar’s full suite of automated workflow and portfolio management tools to improve the lending process for both lenders and borrowers.
HSBC and Nova Credit Launch Partnership to Offer Customers Borderless International Credit Checking
- 3 years 6 months ago
- Banking
Nova Credit, the world’s leading consumer-permissioned credit bureau, today announced that it has partnered with HSBC to provide the bank with global access to its cross-border credit data product, Credit Passport®, creating more opportunities for credit access to cross-border customers across the globe.
Infinian Product Helping with the Cost of Living Crisis
- 3 years 6 months ago
- Data
On 16 June 2022, the Financial Conduct Authority (FCA) wrote to the leaders of more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living. The ‘Dear CEO' letter to firms across the financial services sector, which included all regulated and non-regulated Buy Now Pay Later operators, was to remind them of their obligations regarding the fair treatment of...
Ondato Uses CoinGate to Accept Cryptocurrency as Payment
- 3 years 6 months ago
- Cryptocurrencies
Ondato, a tech company that streamlines KYC and AML-related processes using cutting-edge AI tools to address the full range of compliance challenges, announces that they are now accepting various types of cryptocurrency as payment for their services facilitated through CoinGate, a cryptocurrency payment gateway that offers tools and infrastructure for merchants to accept payments in more than 70 cryptocur
Answer Pay and Partner Hub Join Forces to Improve Cash Flow in Europe’s €1.2B E-invoicing Market
- 3 years 6 months ago
- e-Invoicing
As the cost of living crisis increasingly bites many businesses are struggling to collect payments from their customers. Subscription numbers are declining and consumers are cancelling direct debits in favour of alternative payment methods that give them more control. However, these alternatives such as cash, cards and cheques can cost more and introduce friction with conversion typically much lower.
SeQura Receives Up to €150M of Financing from Citi and Further Secures its Continued Growth
- 3 years 6 months ago
- Fundraising News
SeQura the leading BNPL and flexible payments platform in Spain and southern Europe, closed an asset-backed agreement with Citi of up to €150m of senior financing.
Wirex and Uzbekistan Direct Investment Fund Sign Memorandum of Understanding
- 3 years 6 months ago
- Blockchain
Wirex is happy to announce the signing of the Memorandum of Understanding with the Uzbekistan Direct Investment Fund. With this partnership, we will support the Uzbek government as they implement blockchain solutions and distributed ledger technology for various government services.
Drip Capital Partners with Onfido for Faster Verification, Streamlining Trade Finance Process for its Customers
- 3 years 6 months ago
- Trade Finance
Drip Capital, Inc., a leading cross-border digital trade finance platform, announced a partnership with Onfido, a global digital identity verification and authentication provider, to streamline the onboarding process for new customers.
PayU Research Reveals a Major Opportunity for International Online Merchants to Capture US Demand not Being Met Domestically
- 3 years 6 months ago
- FinTech StartUps
PayU, the leading online payment service provider operating in 50+ emerging markets, today announces the results of its U.S. survey which reveals a big opportunity for international merchants to capitalize on US consumer demand not being met domestically.
Russell Investments Selects ACA Group’s ARRMA Service to Enhance Regulatory Reporting
- 3 years 6 months ago
- Risk Management
ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced that Russell Investments has selected ACA’s ARRMA (ACA Regulatory Reporting Monitoring & Assurance) service to help manage its transaction reporting arrangements. ACA has provided MiFIR assurance reviews for Russell Investments since May 2021 and the partnership has now been extended to include EMIR reporting as well.
Satispay Exceeds €1 Billion Valuation and Becomes a Unicorn
- 3 years 6 months ago
- Payments
Satispay— an innovative payment super network —announces a €320 million Series D investment round, led by Addition, taking its valuation to more than €1 billion. Greyhound Capital, shareholder since 2018, will follow and increase its stake in the company. Other participating investors include Coatue, Lightrock, Block Inc., Tencent and Mediolanum Gestione Fondi SGR, who all joined in 2021.
Source of Funds Experts Armalytix Raises New Capital to Improve AML Checks
- 3 years 6 months ago
- Fundraising News
Armalytix, which streamlines data collection and intelligence to provide financial insights for AML checks to the professional, financial service and betting and gaming sectors, has completed a targeted raise of $ 1 million, to further strengthen its unique Source of Funds offering.
Facctum Achieves ISO 27001 Certification
- 3 years 6 months ago
- RegTech
Facctum, a regtech company specialising in cloud-delivered enterprise risk decisioning technology, today announces its completion of the ISO 27001 certification programme. With this achievement, the company will be able to address the primary SaaS data security and governance considerations of financial institutions.
New Mollie Research Finds Payments Key for UK Merchants to Grow Internationally
- 3 years 6 months ago
- Payments
Mollie, a pioneer in the payments industry and one of Europe’s fastest-growing financial services providers, today unveiled further UK findings from its European Ecommerce Report.
