Allica Bank Acquires Fintech Kriya in a Move to Deliver £1 Billion of SME Working Capital Finance by 2028
- 8 months 4 days ago
- Infrastructure
Allica Bank has today announced the acquisition of Kriya, the award-winning SME lending fintech specialising in SME working capital and embedded finance. The move strengthens Allica's SME lending proposition and sees the UK’s fastest-ever growing fintech move into the embedded payments market for the first time.
Plumery Launches Cashback Management Capability to Help Banks Deliver Personalised Rewards
- 8 months 5 days ago
- Digital banking
Plumery, a digital banking experience platform for customer-centric banking, today announced the launch of its Cashback Management capability, enabling banks to design, launch, and manage cashback programmes quickly and at scale. With ready-to-use cashback journeys and an AI-driven personalisation module, banks can deliver real-time, tailored rewards that boost customer engagement and loyalty.
Edenred and Visa Announce a Strategic Partnership to Accelerate Innovation Across Benefits and Engagement, Mobility, and B2B Payment Solutions
- 8 months 5 days ago
- Payments
Edenred, a global leader in specific‑purpose payment solutions, and Visa, a worldwide leader in digital payments, today announce a strategic partnership to drive innovation and expand their reach in commercial and consumer payment ecosystems.
Global Economies Could Recover More Than $3.3 Trillion USD Annually by Using AI to Reduce Illicit Flows
- 8 months 5 days ago
- Infrastructure
Money laundering is draining economies worldwide, with an estimated $5.5 trillion USD lost each year across global markets, according to new research from Napier AI. This equates to 5 per cent of global gross domestic product (GDP) laundered globally each year as financial crime contributes to economic volatility around the world.
Global Payments Named Official Payment Technology Provider for Select Harris Blitzer Sports & Entertainment Properties
- 8 months 5 days ago
- Payments
Global Payments, a leading worldwide provider of payment technology and software solutions, and Harris Blitzer Sports & Entertainment (HBSE) announced a new multi-year global partnership in which Global Payments will be the Official Payment Technology Provider for the top-ranked Prudential Center, the New Jersey Devils of the National Hockey League, and the Philadelphia 76ers of the National Basketball Association.
FloQast Partners With Trovata to Make It Easier for Accounting Teams to Connect Bank Data to the FloQast Platform
- 8 months 5 days ago
- Data
FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced it has partnered with
TrueLayer to Acquire Zimpler, Creating a European Pay by Bank Powerhouse
- 8 months 5 days ago
- Open Banking
TrueLayer, Europe’s leading Pay by Bank network, today announced that it has signed an agreement to acquire Zimpler, the fastest growing Pay by Bank network in the Nordics. The acquisition will bring together two of Europe’s most innovative Pay by Bank providers, further strengthening TrueLayer as a formidable force in the European payments industry.
Chetwood Bank Appoints Rajan Kapoor as Non-Executive Director and Chair of Audit Committee
- 8 months 5 days ago
- People Moves
Chetwood Bank has announced Rajan Kapoor has joined its Board as non-executive director (NED) and chair of its audit committee. A chartered accountant, Rajan will replace the current chair of the audit committee Emer Daly in the role from 1 November 2025. He will be responsible for overseeing the bank’s internal and external audit, all aspects of financial and regulatory reporting, as well as internal financial controls. He will also act as the...
Salt Edge and Sola Partner to Power Instant Payments Across Europe
- 8 months 5 days ago
- Payments
Sola, a European fintech infrastructure company building a next-generation payments and open banking gateway, has partnered with Salt Edge, a leading provider of open banking solutions, to enhance its payment capabilities and accelerate the adoption of alternative payment methods across Europe.
Zopa Launches Market-Leading 4.75% Easy Access Savings Product
- 8 months 5 days ago
- Digital banking
Digital bank Zopa has launched a market-leading Easy Access savings product offering 4.75% AER. The exclusive savings rate is available to both new and existing customers who a) open or hold a Biscuit current account with Zopa, and b) deposit £500 per month into Biscuit – these actions unlock a 1.50% AER fixed bonus for 12 months on Zopa’s standard variable Easy Access rate.
Building Digital Trust: Navigating the Future of Payments and Identification
- 8 months 5 days ago
- Infrastructure
As innovation accelerates across every corner of the financial and digital economy, one notion rises above all others: trust. Payments, identification, and security are converging, creating both new opportunities and new responsibilities for the ecosystem’s leaders. In this fast-evolving context, TRUSTECH 2025 stands out as a forum where the industry’s foremost thinkers explore how to turn technological disruption into durable confidence.
Travelex Launches Wholesale Banknote Operations in Canada
- 8 months 5 days ago
- Infrastructure
Leading foreign exchange company Travelex has launched onshore wholesale banknote operations in Canada, marking a significant milestone in its global expansion strategy.
Finova Appoints Daniel Broadhurst as Commercial Director to Drive Growth
- 8 months 5 days ago
- People Moves
Finova, the UK’s leading cloud-based lending and savings software provider, has appointed Daniel Broadhurst as its new Commercial Director. Daniel will be responsible for driving Finova’s commercial strategy, strengthening client partnerships, supporting the company’s continued growth and helping to modernise lending processes and technology architecture across the UK market.
Piere Announces $2.1M to Scale AI Platform That Executes Financial Decisions Automatically
- 8 months 5 days ago
- Fundraising News
Piere, an AI-first financial automation platform, today announced it has raised $2.1M in pre-seed funding. The round was led by early-stage fintech fund Grand Ventures, with participation from Selah Ventures, Trustage Ventures, Samvid Ventures, and Fabric VC. These investors have backed fintech leaders including Affirm, MoneyLion, Alloy, Happy Money, and Unit.
British Arab Commercial Bank Partners With Volante Technologies to Modernize Payments Infrastructure With PaaS
- 8 months 5 days ago
- Payments
Volante Technologies, the global leader in Payments as a Service (PaaS), today announced a new partnership with British Arab Commercial Bank (BACB), to modernize the bank’s payment processing infrastructure and replace legacy systems with a cloud-native platform.
