Mastercard Enhances Digital Financial Experiences with Deposit Switch and Bill Pay Switch

• 8 months 5 days ago
• Payments

Today, Mastercard announced the integration of Deposit Switch and Bill Pay Switch with Mastercard’s Open Banking platform, enabling consumers to automatically switch their direct deposits and update their recurring bill payments, both when opening a digital account or when updating information on an existing account.

Golden 1 Credit Union Chooses NCR Voyix for Digital Banking Transformation

• 8 months 5 days ago
• Digital banking

NCR Voyix Corporation, a leading global provider of digital commerce solutions, today announced that Sacramento, Calif.-based Golden 1 Credit Union has selected NCR Voyix Digital-First Banking to help drive its digital transformation.

Till Partners with BigCommerce to Elevate Online Business Payments and Cross-Channel Commerce

• 8 months 5 days ago
• Payments

Majid Al Futtaim Expands Partnership with Checkout.Com to Revolutionise E-Commerce

• 8 months 5 days ago
• Payments

Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, today announced a new partnership with Checkout.com, a leading global digital payments provider. The agreement will see the 15 million plus customers that shop Majid Al Futtaim’s online stores each month provided seamless, secure and unified one-click checkout experiences across the company’s payment platforms.  

Kaspar& Closes CHF 2.5 Million Seed-Financing Round and Enters Strategic Partnership with Avaloq

• 8 months 5 days ago
• Fundraising News

Swiss fintech Kaspar& has closed its CHF 2.5 million seed-financing round and enters a strategic partnership with Avaloq, a leader in wealth management technology based in Zurich. As part of the new partnership, Avaloq has acquired a minority stake in the firm and will integrate the innovative Kaspar& investment app with the Avaloq Core Platform. This will enable banks running on the Avaloq platform in Switzerland to provide more...

Affirm Expands Payment Offerings With New Pay in 2 and Pay in 30 Options

• 8 months 5 days ago
• Payments

Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced two new payment options, Pay in 2 and Pay in 30, to bring even greater choice and flexibility to consumers utilizing Affirm’s app and providing affordability across a wider range of transactions. As always with Affirm, consumers do not ever owe a penny more than what they agree to upfront as there are no late fees or hidden charges, like...

U.S. Bank, Greenlight Partner to Bring Financial Empowerment to Families

• 8 months 5 days ago
• Personal Finance

U.S. Bank announced today a partnership with Greenlight® Financial Technology, Inc. (“Greenlight”), the leading family fintech company on a mission to help parents raise financially-smart kids, to provide an innovative banking solution for families.

Elavon to Enable Contactless Payments for SEPTA Commuters

• 8 months 5 days ago
• Payments

Elavon, a wholly-owned subsidiary of U.S. Bank and one of the largest payments processors globally, is partnering with Southeastern Pennsylvania Transportation Authority (SEPTA) to offer contactless payment acceptance from any enabled card or mobile device across transit services. SEPTA is one of the ten largest transit systems in the United States.

LSEG Appoints Pascal Boillat as Chief Operating Officer

• 8 months 5 days ago
• People Moves

London Stock Exchange Group plc (LSEG) today announces that Pascal Boillat has been appointed as Chief Operating Officer (COO). Pascal will join the Group on 1 July 2024, reporting to David Schwimmer. Based in New York, Pascal will lead LSEG’s global operations division supporting the services delivered both to our people and to customers. He will also be a member of the Group’s Executive Committee. 

Adyen Strengthens Commitment to Canadian Market with New Office Opening and Notable Leadership Hire

• 8 months 6 days ago
• Infrastructure

Today, Adyen, the global financial technology platform of choice for leading businesses, announced the opening of its own office in Toronto. The new Toronto office will serve as the company's Canadian headquarters, underscoring Adyen's commitment to sustained growth in the Canadian market. As part of Adyen’s ongoing commitment to growing in Canada, Adyen is also pleased to welcome Ilona Fagyas to its leadership team as its new Head of Sales...

Moneyhub Launches New Account Verification Service

• 8 months 6 days ago
• Digital Identity

Moneyhub, the market-leading data and payments platform, has today announced the introduction of its account verification service. Powered by Open Banking, Moneyhub Account Verification enables better payment security utilising bank level security controls (including PSD2 SCA) and biometrics.

Liminal Secures Additional Funding to Accelerate Generative AI Adoption

• 8 months 6 days ago
• Fundraising News

Today, Liminal, the leader in horizontal generative AI data security, announces they have added more than $5M in funding in an oversubscribed seed round led by Fin Capital, with participation from High Alpha, Matchstick Ventures, Craft Ventures Scout Fund, and veteran regulated industry executives. The new investment expands Liminal’s ability to quickly enable customers to securely deploy and use generative AI.

Moonfare Hits €3B in Assets Under Management as Interest in Private Equity from Individuals Continues to Grow

• 8 months 6 days ago
• Asset Management

Moonfare, the world’s largest digital business-to-consumer platform for private equity investing by assets under management (AUM), has reached €3bn AUM and expects further growth this year as individual investors continue to allocate to the asset class.

Commonwealth Unveils AI's Transformative Potential for Low to Moderate Income Americans

• 8 months 6 days ago
• Artificial Intelligence

Commonwealth released key insights gleaned from a three-year project supported by JPMorgan Chase designed to achieve the promise of artificial intelligence for all by focusing on ensuring that the needs of households earning low to moderate incomes (LMI) are understood and integrated into financial design and implementations.

Mastercard’s Holiday Season Recap & 2023 Outlook: Key Trends and Insights

• 8 months 6 days ago
• Personal Finance

The 2022 holidays marked another positive season for retail, with consumers continuing to prioritize experiences over physical goods. U.S. retail sales (excluding automotive) increased by 7.6% YOY, according to Mastercard SpendingPulse™. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment and is not adjusted for inflation. But what should retailers be considering as we move ahead in this uncertain...