SIX Expands Its Multicurrency Swaps Offering to Provide an Attractive Alternative to IRS Clearing in the EU
- 1 year 2 months ago
- Cryptocurrencies
In light of the EMIR 3.0 Active Account requirement announced by the European Commission, whereby market participants are required to open active accounts at a European CCP for the clearing of EUR-denominated Interest Rate Swap (IRS) trades, SIX (through the Spanish CCP, BME Clearing) is extending its offering to encompass the support multi-currency swaps[1].
Digital Bank Zopa Raises €80 Million to Accelerate Growth Ahead of 2025 Current Account Launch
- 1 year 2 months ago
- Fundraising News
Digital bank Zopa has raised just over €80 million (GBP £68 million) in an equity funding round led by A.P. Moller Holding, with significant participation from existing investors. A.P. Moller Holding is one of the largest direct investors in Denmark with $32 billion of Net Asset Value. Its objective is to build and develop businesses by driving long-term value and growth through engaged and valued ownership.
Zilch’s Black Friday Spending Surge - Record Boost to Retailers as Shoppers Target Travel Bargains
- 1 year 2 months ago
- Infrastructure
Zilch, the fintech payments innovator of the world’s first ad-subsidised payments network (ASPN), releases data today showing the full impact of a record Black Friday that saw its sales more than double compared to the previous year. Black Friday bargains drove a 116% year-on-year growth in sales, with 93% year-on-year growth following on Cyber Monday. The figures underline the power of Zilch’s network to connect its 4 million users to great...
Coinbase Commerce Integrates with Triple-A, Expanding Merchant Access to Cryptocurrency Payments
- 1 year 2 months ago
- Cryptocurrencies
Triple-A, the leading licensed provider of crypto payment solutions for a diverse array of merchants across industries such as fashion, luxury, travel, and gaming has announced a dedicated payment option for Coinbase users. This integration will soon allow Coinbase users to seamlessly make payments at select merchants within Triple-A’s global network, while enjoying a superior crypto payment user journey.
Red River Bank Selects Allied Payment Network to Expand Digital Payments Offerings
- 1 year 2 months ago
- Payments
Allied Payment Network, Inc. (“Allied”), the industry leader in real-time, open-network payments solutions to banks and credit unions, today announced that Alexandria, LA based Red River Bank has selected Allied’s real-time payments solutions, which will integrate seamlessly with the bank’s Q2 Digital Banking Platform.
Visa Blocks 410% More Suspected Fraud This Black Friday, as Fraudsters Target UK Shoppers
- 1 year 2 months ago
- Cybersecurity
Consumers have come out in force again this Black Friday, while fraudsters have continued to target bargain hunters. In the UK, Visa saw an 11% increase in transaction volumes on Black Friday 2024 compared to Black Friday 2023. This is also an increase of 16% compared to an average Friday. Across the whole Black Friday/Cyber Monday weekend, spend was up 12% compared to last year.
The Mastercard Payment Passkey Service Debuts in Latin America with Sympla and Yuno
- 1 year 2 months ago
- Payments
Mastercard has partnered with Sympla, the leading events platform in Brazil, and Yuno, a global payments orchestrator based in Latin America, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers. Beginning in January, Sympla and Yuno will be the first partners in the region to offer this innovative solution to their customers, followed by a wider roll out.
BlueSnap Named a Preferred Payments Partner for Zuora
- 1 year 2 months ago
- Payments
BlueSnap, a global end-to-end payment platform with unique payment orchestration capabilities for leading B2B and B2C businesses, today announced that it is a preferred payment partner for Zuora, Inc., a leading monetization suite for modern business. Since beginning the partnership in 2015, BlueSnap and Zuora have helped businesses unlock their subscription potential.
9th Edition Banking Book Risk Management conference
- 1 year 2 months ago
- FinTech StartUps
Adapt to IRRBB and CSRBB regulatory demands while managing the impact of fluctuating interest rates and evolving customer behaviours for enhanced risk management and treasury profitability
Airwallex Expands Further in EMEA - Grows 271 Percent YoY, Opens New Office in Paris, and Makes New Hires in Abu Dhabi, Dubai, London, and Amsterdam
- 1 year 2 months ago
- Payments
Airwallex, a leading global payments and financial platform for modern businesses, is set to end 2024 on a high thanks to significant growth across its Europe, Middle East and Africa (EMEA) business. The EMEA unit saw revenue growth of 271 percent in Q3 2024, compared to Q3 2023, and 145 percent increase in transaction volume.
Nuvei Launches Comprehensive Blockchain Payment Solution
- 1 year 2 months ago
- Payments
Nuvei Corporation, the Canadian fintech company, today announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM). Through Nuvei’s partnerships with Rain, a vertically integrated issuing partner for global platforms, BitGo, the leading digital asset custodian and wallet solutions provider, and Visa, Nuvei is enabling businesses to utilize stablecoins – including USD Coin (USDC) – for faster...
Mambu Acquires Payment Technology Provider Numeral, Bolstering Its Market Position to Target New Growth Opportunities
- 1 year 2 months ago
- Payments
Mambu, a leading cloud banking platform, has announced the acquisition of Numeral, a French payment technology provider for banks and fintechs. The acquisition strengthens Mambu’s position as an industry leader, in a move that underscores market confidence and growing demand for modern financial experiences. The addition of advanced payment capabilities represents a significant investment in the next phase of Mambu’s growth as an established...
dLocal and Spreedly Strengthen Partnership to Expand Global Payment Access in Emerging Markets
- 1 year 2 months ago
- Payments
dLocal, the leading payment platform connecting global merchants to emerging markets, today announced the expansion of its partnership with Spreedly, the world’s leading Open Payments Platform. The enhanced agreement will expand the companies' collaborative efforts beyond Latin America into Africa and Asia-Pacific (APAC), offering customers access to dLocal's over 900 alternative payment methods (APMs) and the extensive benefits of Spreedly's...
Premier Bank and Mastercard Launch Shari'ah Compliant Payment Solutions in Kenya
- 1 year 2 months ago
- Payments
Premier Bank, a leading Islamic financial institution in Kenya, has announced a collaboration with Mastercard to introduce an innovative suite of Shari'ah-compliant debit, credit, and prepaid cards. This collaboration marks a significant milestone in delivering secure financial solutions, tailored to meet the diverse needs of Kenya’s population and the wider market.
Sandbox Wealth Closes $1.25M of Pre-Seed Funding
- 1 year 2 months ago
- Fundraising News
Sandbox Wealth, a turnkey banking solution for non-bank financial institutions, announced today the successful pre-seed fundraise of $
