BofA Launches 401k Pay: Comprehensive Solution Simplifies Retirement Income Management
- 9 months 5 days ago
- Management
Bank of America is launching 401k Pay, a unique new solution designed to simplify and conveniently convert 401(k) account assets into a retirement income. Available November 17 at no incremental charge to the company’s corporate plan sponsor or plan participant clients, the new digital solution provides 401(k) recordkeeping, flexible deposit options and advice in a single centralized hub. This enables plan participants to easily set, deposit...
XTransfer and Maybank Enter Into a Strategic Partnership at Singapore FinTech Festival 2025
- 9 months 5 days ago
- Payments
XTransfer, the world's leading B2B cross-border trade payment platform, and Maybank, a leading bank in ASEAN, are pleased to announce a strategic partnership to expand cross-border payment and Shariah-compliant solutions. Coinciding with Singapore FinTech Festival 2025, senior representatives of XTransfer and Maybank officially signed the Memorandum of Understanding (MOU) at the event.
Avalara Announces $500 Million Investment Led by BlackRock
- 9 months 5 days ago
- Fundraising News
Avalara, Inc., the agentic tax and compliance leader, today announced it has closed an equity investment from an investor group led by BlackRock's Private Financing Solutions. Vista Equity Partners, which first invested in Avalara in 2022, will remain the company's majority shareholder. All of the proceeds will be used to purchase shares from existing shareholders.
Vyntra Launches Real Time Payment App Protection to Stop Money Mules and Fraud
- 9 months 5 days ago
- Payments
Vyntra, a global leader in transaction intelligence, has launched its Payment App Protection, a new solution designed to stop money mule activity and payment fraud in real time. The launch comes as mobile payment applications increasingly become a channel for illicit activity, from peer-to-peer scams and fake goods listings to account takeovers and social engineering attacks.
2025 Holiday Profits at Risk From Friendly Fraud, Warns Chargebacks911
- 9 months 5 days ago
- Fraud Detection
Each year, Black Friday and Cyber Monday spark a global sales frenzy, with the latter being the biggest online shopping day on record in 2024. According to Adobe’s online shopping forecast for the 2025 holiday season, online sales in the U.S.
Mantle Partners With Modulr to Transform Pension Payroll and Enhance Member Experience
- 9 months 1 week ago
- Infrastructure
Modulr, the leading embedded payments platform, has partnered with Mantle, a global pensions software provider and market leader in actuarial and pension administration software to provide seamless payments functionality to the pensions market.
Enfuce and Avida Achieve Record-Breaking Nordic Card Migration
- 9 months 1 week ago
- Payments
Card issuing and processing powerhouse Enfuce has successfully partnered with Avida, the Swedish consumer and SME financing specialist, to deliver one of the largest and fastest credit card migrations ever completed in the Nordics.
Trading Technologies Partners With TokWise to Accelerate Adoption of Intraday Spot Power Trading in Europe
- 9 months 1 week ago
- Trading Systems
Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, today announced it has partnered with TokWise, a European-based technology firm focused on smart trading optimization in the European energy sector, to provide users of TokWise’s portfolio management system with trade execution through the TT platform. Through the integrated solution, which went live on Nov.
Sends CEO Alona Shevtsova Named “Financial Women Trailblazer of the Year” at Finnovex Middle East 2025
- 9 months 1 week ago
- Infrastructure
Sends company today announced that its CEO, Alona Shevtsova, has been honoured with the prestigious Financial Women Trailblazer of the Year 2025 Award. The award was presented at the 33rd Edition of the Finnovex Middle East Summit and Awards Ceremony, held on November 12, 2025, in Dubai.
sunday Raises $21M to Grow the Payment Platform Used by 80M Diners
- 9 months 1 week ago
- Fundraising News
sunday, the payment platform built by restaurateurs that's reinventing restaurant hospitality, has raised a $21 million Series B funding round, with participation from DST Global Partners.
N2G Worldwide Insurance Services Goes Live on Insurity Policy Decisions Evolution
- 9 months 1 week ago
- Insurtech
Insurity, a leading provider of cloud-based software for property and casualty insurance carriers, brokers, and MGAs, today announced that N2G Worldwide Insurance Services has successfully gone live on Policy Decisions Evolution. This milestone marks the completion of a deployment that will support N2G’s policy operations, enabling enhanced efficiency, improved service delivery, and a scalable foundation for future growth.
Banca Transilvania and BPC Deliver Romania’s First EU Digital Identity Wallet Payment
- 9 months 1 week ago
- E-Wallets
Banca Transilvania, leading bank in Romania, and BPC, global leader in payments solutions, have completed the first Romanian pilot of the EU Digital Identity Wallet (EUDIW) for payments, enabling cardholders to authenticate online purchases with their new European Digital ID. The project forms part of the EU Digital Wallet Consortium led large‑scale pilot funded by the European Commission to push the agenda of the eIDAS 2 regulation, which...
Fintech Heavyweights Back Adclear in $2.75M Round to Bring AI to Financial Promotions Compliance
- 9 months 1 week ago
- Fundraising News
Adclear, the AI “FinProm” compliance platform relied on by the UK’s top finance brands, has raised an oversubscribed £2.1m Seed round ($2.75m) led by Outward VC and backed by AFG Partners and Tenity. Angels include Clearscore founder Dan Cobley, MD of Coinbase, Keith Grose, who invested as part of a16z scout fund and angel community Ventures Together. Haatch and Force Over Mass Capital are also backing the round, after investing in the company...
INSTANDA Joins Insevo to Accelerate Digital Innovation in the Nordic Insurance Market
- 9 months 1 week ago
- Insurtech
Global InsurTech INSTANDA has joined Insevo, the Swedish membership organisation that connects leading insurers, InsurTechs, and innovators across the region. The partnership marks an important step in INSTANDA’s expansion into the Nordic market and underlines its commitment to driving digital transformation across Denmark, Sweden, Norway, and Finland.
Fintech Founders Embrace AI Revolution, but Confidence in UK Economy Plummets to New Low
- 9 months 1 week ago
- Artificial Intelligence
Results of this year’s Fintech Founders Annual Survey, published today, reveal a striking contrast: while 92% of founders express strong confidence in their own businesses, a staggering 81% have low confidence in the broader UK economy (up sharply from just 46% last year). The number of founders considering relocating abroad continues to creep up – 40% in 2023, 43% in 2024, and 46% in 2025 – with taxes cited as the most common reason.
