Tribe Payments Exposes Costly Gaps in Legacy POS Tech – 1 in 4 Merchants Miss Out on Alternative Payments
- 1 year 2 months ago
- Payments
A new study from Tribe Payments, the pioneering digital payments and infrastructure orchestrator which specialises in issuer and acquirer processing, has revealed that 28% of merchants’ legacy in-person point of sale (POS) systems cannot support alternative payment methods like digital wallets and QR codes.
TransUnion Expands Strategic Relationship with LexisNexis Risk Solutions to Help U.K. Insurance Providers Serve Their Customers
- 1 year 2 months ago
- Insurtech
Global information and insights company TransUnion has expanded its long-standing relationship with LexisNexis® Risk Solutions, a leading provider of insurance data and advanced analytics, to offer TransUnion’s Affordability Report to U.K.
Digital Wallets and Open Banking Set to Dominate Payments in 2025, According to Merchants
- 1 year 2 months ago
- Open Banking
A recent survey of merchants conducted by payabl., one of Europe’s leading financial services providers, reveals digital wallets and Open Banking as pivotal forces set to transform the payments landscape in 2025.
Unlimit and Pagaloop Partner to Simplify Expense Management for Mexican SMBs
- 1 year 2 months ago
- Management
Unlimit, the global fintech company, has today announced its partnership with Pagaloop, a prominent Latin American B2B payments and cash flow management platform. The partnership will focus on strengthening the Pagaloop app’s credit and debit card processing capabilities and ensuring high approval rates to facilitate the company’s continued expansion in the region.
EXA Infrastructure Launches EXA Financial Network, the Largest Infrastructure Platform for Financial Exchanges Across North America and Europe
- 1 year 2 months ago
- Infrastructure
EXA Infrastructure has announced the launch of the EXA Financial Network, a new platform that will connect major financial exchanges across North America and Europe. The largest owned infrastructure platform of its kind will connect 25 exchanges across 11 countries, representing over 60% of global market capitalisation.
Spendesk Awarded ISO 27001:2022 Certification for the Security of Its Services
- 1 year 2 months 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 year 2 months 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 year 2 months 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 year 2 months 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 year 2 months 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.
Aryza Expands Partnership with GoCardless to Enhance Payment Solutions
- 1 year 2 months 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.
Citi and Bank of Shanghai Launch First-of-Its-Kind Payments Solution for International Travelers in China
- 1 year 2 months 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.
DTCC’s FICC Enhances VaR Calculator Capabilities, as Firms Prepare for the U.S. Treasury Clearing Requirements
- 1 year 2 months 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 year 2 months 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 year 2 months 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.
