Provenir Shines a Spotlight on the Pressing Need for Cross-Sector Collaboration to Combat Fraud
- 11 months 3 days ago
- Fraud Detection
Provenir, a global leader in AI-powered risk decisioning software, recently brought together more than 50 representatives from the public and private spheres at an event in Paris (‘Fraude Financiere en France – evolutions, impacts et solutions’) to help drive greater collaboration between the public and private sectors when it comes to fighting increasingly sophisticated fraud.
After Two Years of Development and a Six-Month Test Onramp Funds Launches Machine-Learning Algorithm
- 11 months 3 days ago
- Machine Learning, Trading Systems
Onramp, an innovative funding provider that supports the growth of eCommerce businesses, has launched its first-ever machine-learning algorithm designed to identify eCommerce merchants who will best utilize funds in a productive way to grow their business and can successfully repay the loan.
EBANX Announces New Vice Presidents and Reinforces Performance and Product Drives for Its Payment Services
- 11 months 4 days ago
- People Moves
EBANX, a global technology company specializing in payment services for rising markets, announces the appointment of Juliana Borges de Campos as the new Vice President of Operations, and Eduardo de Abreu as the new Vice President of Product and Business Architecture.
CASHIN KSA and Fils Join Forces to Accelerate Sustainability in Payment Solutions across Saudi Arabia
- 11 months 4 days ago
- Infrastructure
CASHIN KSA, a prominent POS and digital payments fintech in the region in the Kingdom of Saudi Arabia, and Fils, a pioneering force in climate-positive transactions, empowering businesses of all sizes to embed climate-positivity into transactions using their APIs, have forged a transformative partnership aimed at revolutionizing the financial landscape with sustainability at its core.
BNY Mellon Expands Partnership with Alternative Credit Specialist CIFC
- 11 months 4 days ago
- Lending
BNY Mellon, a leading global financial services company, today announced an expanded partnership between alternative credit specialist CIFC and BNY Mellon Investment Management (BNY Mellon IM).
FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services
- 11 months 4 days ago
- Lending, Banking
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto Rico, a subsidiary of First BanCorp, has partnered with nCino to offer a more modern commercial lending and banking experience for its customers in Puerto Rico, Florida and the Virgin Islands, while providing greater insights into its portfolio.
Nationwide Building Society Confirms Offer for Virgin Money UK PLC and Extends Branch Promise
- 11 months 4 days ago
- Cash management
Nationwide announces today that it has agreed the terms of a recommended cash offer with Virgin Money’s Board for the Virgin Money business.
Thunes Announces Expanded Strategic Collaboration with Visa
- 11 months 4 days ago
- E-Wallets
Thunes, a cross-border payments company, today announced its deepened strategic collaboration with Visa, a world leader in digital payments, aimed at enabling new endpoints in key markets across Asia and Africa.
BT Group Partners With Adyen to Transform Business Payments With Tap to Pay on IPhone
- 11 months 4 days ago
- Payments
BT Group today announces that its digital and startup incubation arm, Etc. has forged a partnership with Adyen, the global financial technology platform of choice for leading businesses, to enable small business customers to accept in-person contactless payments with Tap to Pay on iPhone.
Visa Report Shows Top Scams Impacting Consumers and Businesses Globally
- 11 months 4 days ago
- Fraud Detection
Today, Visa released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top payment threats impacting consumers and businesses around the world. The report points to increasingly organized, sophisticated threat actors targeting the most vulnerable point in the payments’ ecosystem: humans.
Visa Foundation Helps To Uplift More Than Four Million SMBs
- 11 months 4 days ago
- Infrastructure
Today, Visa Foundation released its inaugural Impact Report, capturing six years of grant-making and impact investing since its founding.
Industry Veteran Jeremy Johnson Joins CLARA Analytics Board of Directors
- 11 months 4 days ago
- People Moves
CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced it has appointed Jeremy Johnson, former CEO of Protective Insurance, to its board of directors. Johnson will further bolster the company’s deep bench of industry veterans, solidifying CLARA’s position as the leading innovator in AI technology for commercial claims m
PayPal Ventures Leads NX Technologies’ €22 Million Series B Funding Round
- 11 months 4 days ago
- Fundraising News
NX Technologies, a fintech company that operates the automotive payment management platform bezahl.de, has announced that it has raised 22 million euros ($24,027,000) in series B funding, led by PayPal Ventures, the corporate venture arm of global payments and commerce company PayPal.
Consumers Driving Golden Era of Payments with Digital Wallet Adoption: Worldpay’s 2024 Global Payments Report
- 11 months 4 days ago
- Payments
The UK is entering a golden era of payments driven by the digital wallet boom, new findings from Worldpay®, a global leader in payments technology and solutions, reveal in its Global Payments Report 2024.
Cross-border Spending Surging, 54% of Global Consumers Expect to Increase Amount of International Online Shopping But Expect More Payment Flexibility and Transparency in 2024
- 11 months 4 days ago
- Payments
While 54 percent of global consumers expect to increase their cross-border purchasing over the next six to twelve months, they need flexibility and transparency in the digital payment experience to make that happen. In a report released today by leading global payments and financial platform Airwallex and Edgar, Dunn & Company, 77 percent of consumers also said they would abandon their cart if their preferred payment method was not offered.