PXP Launches the Next-Generation Technology Platform PXP Unity
- 1 year 1 month ago
- Payments
PXP, a leading omnichannel global payment platform and innovative industry disruptor, is announcing the launch of its industry-redefining technology platform, PXP Unity. Marking a shift in payments, PXP offers a single integration into a commerce ecosystem that makes business simpler, better and more connected.
Banking Circle Expands Global Footprint by Entering Into a Definitive Agreement to Acquire Australian Settlements Limited (ASL)
- 1 year 1 month ago
- Payments
Banking Circle S.A. (‘Banking Circle’), a Luxembourg licenced bank and a leading international provider of next-generation banking services, has announced today that it has entered into an agreement to acquire a 100% stake in Australian Settlements Limited (‘ASL’), subject to satisfaction of certain closing conditions including regulatory approvals. This acquisition marks a key step in Banking Circle’s goal of building a global hub for real-time...
TrueLayer Partners With BR-DGE to Enhance Enterprise Payments With Pay by Bank
- 1 year 1 month ago
- Payments
TrueLayer, Europe’s leading open banking payments network, today announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe.
Transcard Expands Into Canada With B2B and B2C Payment Orchestration
- 1 year 1 month ago
- Payments
Transcard, a global leader in payments technology, is pleased to announce its expansion into the Canadian market. Transcard has successfully launched its first Canadian customer, Xodus Travel Services, leveraging the innovative SMART Suite for payment orchestration and adopting an enhanced digital payment experience.
Lemonway Unveils Online Onboarding Solution for Marketplaces, Powered by Entrust Identity Verification Solution
- 1 year 1 month ago
- E-Commerce
Lemonway, a leading European payment institution, proudly announces the launch of Online Onboarding, an innovative solution designed to streamline and enhance the merchant onboarding process for marketplaces. Available now, Online Onboarding eliminates the need for marketplaces to manage new customer onboarding themselves, allowing them to focus on strategy and business growth while staying competitive in the eyes of their partners.
Bullish Secures Licenses in Germany, Expanding Regulatory Footprint in Europe
- 1 year 1 month ago
- Cryptocurrencies
Bullish Group, one of the leading providers of digital asset market infrastructure and information services, today announced that its German digital asset trading business received cryptoasset custody, proprietary trading, and principal brokerage licenses from the German Federal Financial Supervisory Authority (B
CFPB Seeks Input on Digital Payment Privacy and Consumer Protections
- 1 year 1 month ago
- Payments
Today, the CFPB announced that it is seeking public input on strengthening privacy protections and preventing harmful surveillance in digital payments, particularly those offered through large technology platforms. The agency is requesting comment on implementing existing financial privacy law and how to address intrusive data collection and personalized pricing.
BofA’s Consumer Investments Surpasses $500 Billion in Assets as Clients Choose High-Tech, High-Touch Approach to Managing Finances
- 1 year 1 month ago
- Banking
Bank of America today announced its Consumer Investments business has grown to more than $500 billion in client assets, a more than 10-fold increase since the business started a decade ago. This includes nearly 4 million client accounts with Merrill Edge Self-Directed and Merrill Guided Investing, built on Merrill’s industry-leading technology and investment offerings.
Fintech Nsave Launches Investment Platform, Offering People From Distressed Economies Protection From Inflation With Compliant and Safe Investments Abroad
- 1 year 1 month ago
- Investment
nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth. The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.
Arcapita and DgPays Consortium Completes $385 Million Acquisition of Majority Stake in NEOPAY From Mashreq
- 1 year 1 month ago
- Investment
Mashreq, one of the MENA region’s leading financial institutions, is pleased to announce the successful completion of the sale of a majority stake in NEOPAY, the UAE’s fast-growing digital payments leader. As previously announced on 13 September 2024, DgPays, a leading financial infrastructure technology provider in the EMEA region and Arcapita Group Holdings Limited ("Arcapita"), a global alternative investment firm, had agreed to acquire the...
Managing Credit Cards at University
- 1 year 1 month ago
- Credit Cards
University life is often a time of significant personal growth and exploration, but for many students, it’s also a time of financial strain.
Fintech Innovation in Scotland Delivers Growth With 8% Increase in Employment
- 1 year 1 month ago
- Financial
The FinTech Scotland Cluster recorded an 8% year-on-year employment growth in 2024 bringing the total number of people working in fintech to over 11,300. The continued economic contribution by the cluster comes as Fintech Scotland reaches its seventh anniversary since formation.
UniCredit to Internalise Back-Office Activities for Securities Services, Creating More Than 140 New Jobs in Germany
- 1 year 1 month ago
- Infrastructure
UniCredit has today announced plans to bring its back-office activities for securities services across Italy and Germany in house, standardising its set-up and suppliers in a move that is set to create over 200 new jobs.
BNP Paribas Signs a Partnership With Oracle to Further Develop Its Cloud Strategy
- 1 year 1 month ago
- Cloud
For over 20 years, BNP Paribas has deployed Oracle technology to manage part of its on-premises databases. BNP Paribas has today announced that it will now adopt Oracle Exadata Cloud@Customer to further improve database management. This choice aligns with the bank's ambition to continually strengthen its services while ensuring the security of its customers' data in the aim of providing an even smoother and more personalized experience.
Spring Financial Launches Canada’s First AI Financial Assistance App: Bloom
- 1 year 1 month ago
- Lending
Today, Spring Financial, a Canadian financial technology company simplifying the lending process for everyday Canadians, announces the launch of
