Latest news

BFS Appoints Mark Holloway as Chief Information and Technology Officer

1 year 3 months ago
People Moves

International SME financier Bibby Financial Services (BFS) has appointed Mark Holloway as Chief Information and Technology Officer as part of its growth strategy that combines people and technology to support businesses around the world.

Standard Chartered Partners With Temenos to Transform FX Flows

1 year 3 months ago
Banking

At Money 20/20 Asia, Standard Chartered and Temenos announced a collaboration to leverage Standard Chartered Aggregated Liquidity Engine (SCALE), the bank’s foreign exchange (FX) API service, making Standard Chartered the first bank to list its solution on the Temenos Exchange partner ecosystem of fintech solutions.

Thunes Raises USD 150 Million in Series D, Led by Apis Partners and Vitruvian Partners

1 year 3 months ago
Fundraising News

Thunes, the Smart Superhighway to move money around the world, is proud to announce the successful raise of its $150 million Series D, the largest in its history, at a substantial valuation increase over its last round. Amid one of the most challenging capital markets environments of recent times, this milestone was achieved in record time.

U.S. Department of Education to Begin Federal Student Loan Collections, Other Actions to Help Borrowers Get Back Into Repayment

1 year 3 months ago
Personal Finance

The U.S. Department of Education announced its Office of Federal Student Aid (FSA) will resume collections of its defaulted federal student loan portfolio on Monday, May 5th. The Department has not collected on defaulted loans since March 2020. Resuming collections protects taxpayers from shouldering the cost of federal student loans that borrowers willingly undertook to finance their postsecondary education.

Riot Platforms Announces $100 Million Credit Facility With Coinbase

1 year 3 months ago
Fundraising News

Riot Platforms, Inc., an industry leader in vertically integrated Bitcoin mining, is pleased to announce that it has entered into a $100 million credit facility (the "Credit Facility") with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc..

SECUTIX and Cover Genius Launch New Ticket Protection Partnership

1 year 3 months ago
Insurtech

SECUTIX, a market leader in advanced digital solutions for the event industry, today announced the launch of a new ticket protection partnership with Cover Genius, a leading global insurtech for embedded protection.

CME Group to Expand Crypto Derivatives Suite With Launch of XRP Futures

1 year 3 months ago
Cryptocurrencies

CME Group, the world's leading derivatives marketplace, today announced plans to launch XRP futures on May 19, pending regulatory review. Market participants will have the choice to trade both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP).

EBay and Klarna Deepen Global Strategic Partnership to Empower Flexible Shopping in the U.S.

1 year 3 months ago
E-Commerce

eBay, a global commerce leader that connects millions of buyers and sellers around the world, today announced the expansion of its global strategic partnership with Klarna, the AI-powered payments and commerce network, to the U.S. market. eBay is rolling out Klarna’s flexible payments options to millions of eBay’s U.S. shoppers. The expanded partnership reflects eBay’s continued investment in bringing more choice, flexibility, and control to...

Buy. Hold. Earn Rewards. PayPal Unlocks Rewards for Holding PayPal USD

1 year 3 months ago
Cryptocurrencies

PayPal Holdings, Inc. today introduced rewards for PYUSD, a new loyalty offering that will provide US users the ability to earn 3.7% annually in rewards on holdings of PayPal USD (PYUSD) in their PayPal or Venmo wallets.

IFAST Global Bank Unveils Multi-Currency Current Account Offering High Interest and Cashback, Collaborating With Visa on Debit Card

1 year 3 months ago
Banking

iFAST Global Bank is making new strides in UK banking with the launch of its unique Multi-Currency Current Account, an innovative solution that lets customers earn competitive interest rates on multiple currencies while enjoying rewards on everyday debit card spending.

Alternative Payments Raises $22 Million to Modernize B2B Payment Offerings

1 year 3 months ago
Fundraising News

Alternative Payments, a leading fully-integrated B2B payments and checkout infrastructure provider, today announced that they have closed on $22 million in total funding, with rounds led by MissionOG and Third Prime, respectively. The investments will advance the company's mission to digitize and automate B2B payment workflows for industries historically overlooked by fintech innovation.

RTP and FedNow Transaction Limit Increases Fuel Instant Payments Surge

1 year 3 months ago
Payments

New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. banks. 84% of US banks say the new $10 million RTP® limit boosts its attractiveness, and 84% believe raising FedNow’s $500,000 cap will have the same effect.

Fintech LendMN Raises $20 Million USD to Drive Tech-Led Financial Inclusion

1 year 3 months ago
Fundraising News

Mongolia's first digital lending fintech, LendMN, a subsidiary of AND Global, has today announced a $20 million USD debt financing from Lendable, a leading debt finance provider to leading technology-enabled companies in emerging and frontier markets that focuses on promoting a more economically just and environmentally sustainable world.

UnionPay International and Dojo Partner to Expand Card Acceptance Across the UK

1 year 3 months ago
Payments

UnionPay International , dedicated to providing seamless global payment network, has announced a strategic partnership with Dojo, the UK's leading SME payment provider.