Talus Pay Rebrands to Reflect Enhanced Fintech Offerings
- 10 months 6 days ago
- Payments
Talus Pay rebrands, a fast-growing technology-driven provider of payment processing solutions for small and mid-sized merchants, announced today that it will conduct business going forward using the master brand name Talus, as will its recent Clarus Merchant Services acquisition. Newly-acquired Jobox.ai will assume the Talus Pay sub-brand name as Talus’ flagship fintech offering.
SmartSave Bank Reaches £2Bn in Deposits
- 10 months 6 days ago
- Personal Finance
SmartSave, UK digital bank Chetwood Financial‘s savings proposition, has doubled last year’s milestone by reaching a total of more than £2 billion in direct deposits.
Viva.com Partners with BANCOMAT, the Leading Payment Network in Italy
- 10 months 6 days ago
- Payments
Viva.com, Europe’s first technology bank powering merchant payments acceptance on any device in 24 markets, and BANCOMAT, the leading payment network in Italy, announced today their strategic partnership. A testament to its localised approach, Viva.com will now enable its Italian merchant network to accept PagoBANCOMAT ®, shortly followed by BANCOMAT Pay ®, the most popular payment methods for millions of Italian consumers. Future plans include...
SMB Financial Management Platform Mimo Raises £15.5M and Launches Platform To Simplify B2B Payments
- 10 months 6 days ago
- Fundraising News
Mimo, the platform simplifying global payments, cash flow, and financial management for SMBs and accountants, has raised £15.5M (€18M) of new investment. The company is launching its platform with this funding, which was led by Northzone.
Danish BNPL-Leader Viabill Enters Consolidation Mode on All-time Best Results
- 10 months 6 days ago
- Lending
Reporting record results for the fiscal year 2022/2023, Viabill has perfected a “unique recipe” and thus value proposition for other European BNPLs seeking a platform for profitability in a post-ZIRP era, says the group CEO, vowing to enter consolidation mode and scout for possible acquisitions as the Danish BNPL-leader nears its 15th operational year.
Surepay Joins Temenos Exchange to Expand Access to Verification of Payee and Confirmation of Payee
- 10 months 6 days ago
- Payments
SurePay today announced that the SurePay solutions will be available via the cloud-based Temenos Exchange partner ecosystem. With impending regulatory changes from the UK Payment Systems Regulator (SD17) and EU legislation on Instant Payments, data and security (PSD3), it is imperative that financial institutions have Verification of Payee (EU) and Confirmation of Payee (UK) solutions in place.
Kyriba Expands Suite of Artificial Intelligence Features to Enhance Liquidity Performance for CFOs
- 10 months 6 days ago
- Payments
Kyriba, a global innovator in liquidity performance, today announced new AI features within its platform designed to improve cash forecasting, bank connectivity-as-a-service and custom report generation. This AI product expansion complements existing AI capabilities for payment fraud detection and cash management optimization.
Xceptor Appoints Strath Lanyon as Chief Client Success Officer
- 10 months 6 days ago
- People Moves
Xceptor, the intelligent automation platform for financial markets, today announced the appointment of Strath Lanyon as its new Chief Client Success Officer (CCSO), effective April 15. Lanyon’s appointment to this newly created role underscores Xceptor's commitment to driving client success and delivering excellent client experiences across its global operations.
Atom Bank and County Durham Community Foundation Launch Fund to Promote Higher Education Access in the North East
- 10 months 6 days ago
- Infrastructure
Atom bank, the UK’s first app-based bank, in partnership with the County Durham Community Foundation (the Foundation), has today launched the Atom Futures Fund. The Fund aims to encourage and support sixth form students from low-income backgrounds or those who are in the care system to apply to Russell Group universities.
Akoni Hub Partners with Reliance Bank to Provide Enhanced Savings Management Services
- 10 months 6 days ago
- Cash management
Akoni Hub has formed a partnership with Reliance Bank to make its savings products available on Akoni’s cash management platform. Akoni’s customers are now able to place money in Reliance Bank’s Instant Access, Notice and Fixed Term Deposit accounts via Akoni’s online system.
Airwallex Rolls Out Borderless Visa Cards in Canada, Giving Canadian Businesses a Streamlined Approach to Global Expense Management
- 10 months 6 days ago
- Payments
Airwallex, a leading global payments and financial platform for modern businesses, today introduced the Airwallex Borderless Visa® Card in Canada. The virtual card is issued by Peoples Trust Company, part of Peoples Group, and enables Canadian businesses to easily make payments around the world, everywhere Visa is accepted.
Appital Hires Former HSBC High Touch Sales Trader John Coules
- 10 months 6 days ago
- People Moves
Appital, the peer-to-peer price discovery and liquidity sourcing technology for asset managers, today announced the appointment of John Coules to the Appital business development team. A former HSBC high tough sales trader, John Coules joins Appital at a time when the business is experiencing significant growth, reaching $4.0bn of buy-side liquidity since the launch of Appital Insights™ in September 2023.
Improving Picture for Personal Finances, But Many Still Struggling
- 10 months 1 week ago
- Personal Finance
New research from the Financial Conduct Authority (FCA) has found that while many are struggling to meet financial commitments, the picture has improved over the last year. The regulator found 7.4m people were struggling to pay bills and credit repayments in January 2024, down from 10.9m in January 2023. This is still higher than the 5.8m recorded in February 2020, before the cost of living squeeze began.
APP The Biggest Fraud Threat with AI the Solution, Says The Payments Association Survey
- 10 months 1 week ago
- Payments
A plurality of the payments industry believes that Authorised Push Payment (APP) fraud is likely to be the biggest threat in 2024 – and that AI technology will be key in combatting it. That’s according to a survey of payment leaders and trailblazers published by The Payments Association, which celebrates innovation and collaboration across the industry.
DTCC Collaborates with REGnosys to Support ISDA Digital Regulatory Reporting
- 10 months 1 week ago
- RegTech
DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that it is working with REGnosys to support industry adoption of the ISDA Digital Regulatory Reporting (DRR) solution and aid compliance with forthcoming global derivatives trade reporting rewrites. The ISDA DRR establishes a golden-source interpretation of market practices and trade reporting logic, developed through industry consensus.
