Spendesk Awarded ISO 27001:2022 Certification for the Security of Its Services

• 1 month 3 weeks ago
• Security

Spendesk, the complete spend management platform, announces it has been awarded the International Standards Organisation (ISO) 27001:2022 certification for the security of its services. 

CFPB Pilot Study Finds Differential Treatment in Small Business Lending Markets

• 1 month 3 weeks ago
• Lending

Today, the Consumer Financial Protection Bureau (CFPB) released a study revealing significant disparities in how lenders treat Black and white small business owners seeking loans. The research found that Black entrepreneurs received less encouragement to apply for a loan and were more frequently steered toward alternative loan products compared to white shoppers with similar or weaker business credit profiles. While focused on specific testing...

Morgan Stanley Expansion Capital Makes $20 Million Investment in NovoPayment

• 1 month 3 weeks ago
• Fundraising News, Investment

Investment funds managed by Morgan Stanley Expansion Capital announced today an investment of $20 million in NovoPayment, a leading financial and payment infrastructure service provider specializing in delivering digital banking, payments and card solutions. The funding is expected to support NovoPayment’s continued scaling and expansion of commercial partnerships.

Broadridge Appoints Alix Jules as AI Transformation Leader

• 1 month 3 weeks ago
• People Moves

Global Fintech leader Broadridge Financial Solutions, Inc., today announced the appointment of Alix Jules as AI Business Transformation Leader at Broadridge, effective November 11, 2024. Jules will be based in New York City and will report into Roger Burkhardt, Head of AI for Broadridge.

MoneyLIVE Summit 2025 Launches Startup City

• 1 month 3 weeks ago
• FinTech StartUps

MoneyLIVE Summit 2025, Europe’s most senior banking and payments conference, is set to unveil Startup City, an exclusive space designed to connect rising FinTech companies with leading investors, financial institutions, and corporate venture teams. The initiative will be featured at Europe's leading banking conference, MoneyLIVE Summit, which attracts over 1,500 senior leaders from the banking and payments industry.

Citi and Bank of Shanghai Launch First-of-Its-Kind Payments Solution for International Travelers in China

• 1 month 3 weeks ago
• Payments

Citi and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai’s TourCard. The TourCard aims to provide international travelers a straightforward, cost-efficient and more streamlined Chinese yuan renminbi (CNY) payment journey while traveling in China.

Aryza Expands Partnership with GoCardless to Enhance Payment Solutions

• 1 month 3 weeks ago
• Payments

Aryza Group, a leading provider of financial software solutions, has announced the expansion of its partnership with GoCardless, a global bank payment company. This collaboration transforms the existing technology relationship into a comprehensive partnership that includes an introducer agreement across all Aryza platforms globally. 

DTCC’s FICC Enhances VaR Calculator Capabilities, as Firms Prepare for the U.S. Treasury Clearing Requirements

• 1 month 3 weeks ago
• Infrastructure

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the launch of enhancements to its interactive, public-facing Value at Risk (VaR) calculator adding cross-margining and repo transaction functionalities. These enhanced risk tools are intended to support firms as they prepare for the expansion of U.S. Treasury Clearing in 2025 and 2026.

PXP Financial Partners With US Payments Company North

• 1 month 3 weeks ago
• Payments

PXP Financial, experts in global acquiring, payment, fraud and data analysis services, today announces a new partnership with North. Founded in 1992, North builds payment technologies that power businesses and organizations – from point of sale to eCommerce and payment APIs, backed by in-house processing.

Klarpay AG to Rebrand as Bivial AG

• 1 month 3 weeks ago
• Payments

Klarpay AG, a leading fintech providing modern Swiss accounts and global transactional banking, is excited to announce that it will officially rebrand to Bivial AG in the coming weeks. The new name reflects the company's evolving vision and core values while incorporating a personal touch—the initials of its founders.

Bitget Restarts UK Operations in Compliance with FCA Guidelines

• 1 month 3 weeks ago
• Cryptocurrencies

Intesa Sanpaolo and BlackRock Partner to Develop Digital Wealth Management in Europe

• 1 month 3 weeks ago
• Wealth Management

Fideuram Intesa Sanpaolo Private Banking (FISPB) – the private bank of the Intesa Sanpaolo Group – is set to accelerate the growth of its Digital Wealth Management offering in Italy and across Europe, in collaboration with BlackRock, the world’s leading asset manager.

Blink Payment Enters B2B Fashion Payments With Zedonk Partnership

• 1 month 3 weeks ago
• Payments

Blink Payment, a UK paytech platform that offers businesses seamless digital payment solutions, today announces its entry into B2B fashion payments through integration with ERP Zedonk, in a move that will enable more than 1,000 leading fashion brands and showrooms to streamline their buyer payments.

Equifax UK Launches First-of-Its-Kind Affordability Solution for Lenders

• 1 month 3 weeks ago
• Lending

Credit reference agency Equifax UK has launched a first-of-its-kind solution for lenders, combining bureau insights with real-time transaction data accessed via Open Banking and statistical estimates to boost affordability assessments and customer outcomes.

Young Adults Struggle With Financial Confidence and Understanding as Older Generations Lead the Way

• 1 month 3 weeks ago
• Personal Finance

New research from Pay.UK, owner and operator of the Current Account Switch Service, reveals a stark generational divide in financial confidence and knowledge across the UK.1   Younger generations, particularly Gen Z, reveal lower levels of financial competence, with only 26% able to correctly calculate compound interest and just 35% understanding how savings accounts work. In contrast, 47% of Baby Boomers were able to correctly calculate...