Consumer A2A Payments - 186 Billion Transactions Globally by 2029, Reports Juniper Research
- 1 year 11 months ago
- Payments
A new study from Juniper Research, the foremost experts in fintech & payment markets, has found that the volume of global transactions via A2A (Account-to-Account) payments will rise from 60 billion in 2024 to 186 billion by 2029; an increase of 209%.
Experian and Oakbrook Partner to Give Consumers More Competitive Loans
- 1 year 11 months ago
- Lending
Experian has today announced that Oakbrook, a non-bank provider of consumer lending solutions, will now be using Experian Boost data in its decisioning process for personal loan applications. This partnership will increase access to credit for customers who traditionally may not have been eligible - driving financial inclusion and offering more competitive loan options.
FinMont Announces Partnership with Leading Cross-Border Payments Specialist, Inpay
- 1 year 11 months ago
- Payments
Global payment orchestration platform FinMont has announced a new partnership with Danish Payments Service Provider Inpay. The new alliance will allow FinMont to incorporate Inpay’s global banking network into its own payments ecosystem, expanding Finmont’s global reach and speeding up cross-border disbursement times for the benefit of its international travel merchants.
Fintech Charity Pennies’ Micro-Donation Day Raises £30,000 for Life-Changing Causes - in Just One Day
- 1 year 12 months ago
- Infrastructure
Pennies, the award-winning fintech charity which enables micro-donations to charity, successfully held its first ever Micro-Donation Day on Monday, 26 August 2024 which, in addition to boosting awareness of the micro-donation movement, raised £30,000 for charities including Cancer Research UK, MND Association and Great Ormond Street Hospital Charity - thanks to more than 130,000 individual donations.
iDenfy Partners with Confindo to Enhance Security and Prevent Loan Fraud
- 1 year 12 months ago
- Digital Identity
iDenfy, an AI-powered identity verification, compliance, and fraud prevention solutions provider, partnered with Confindo, a leading provider of IT solutions specializing in customer relationship management (CRM) tools for group companies and external partners. This collaboration will help Confindo manage third-party risks and ensure proper fraud and breach prevention while building a seamless and secure verification experience.
Barq Signs Agreement with Mastercard to Empower Businesses with Advanced Payment Acceptance Technology
- 1 year 12 months ago
- Payments
barq, an innovative Saudi financial services startup, has partnered with Mastercard to empower its customers with a range of industry leading payment acceptance solutions through Mastercard Gateway. The strategic agreement will see barq leverage Mastercard Gateway technology to further equip its merchants and consumers around the Kingdom with greater access to a wide range of value-added services — responsive, personalised solutions that cater...
Nuvei Publishes Its ESG Report
- 1 year 12 months ago
- Infrastructure
Nuvei Corporation, the Canadian fintech company, announces today that it has published its third annual ESG Report for 2023. The report details Nuvei's ongoing achievements across the key pillars of its ESG strategy and highlights the various ways Nuvei continues to deliver on its vision of being a people-first, technology-led global payments platform.
CAIS Appoints New Chief Technology Officer to Drive Unified Operating System for Alternative Investments
- 1 year 12 months ago
- People Moves
CAIS, the leading alternative investment platform for independent financial advisors, announced today that Kan Kotecha has joined the firm as the Chief Technology Officer.
Drip Capital Secures $113M in New Funding to Accelerate Growth
- 1 year 12 months ago
- Fundraising News
Drip Capital, a leading digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in equity from Japanese institutional investors GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC) and $90 million in debt financing led by the International Finance Corporation (IFC) and East West Bank.
Ingo Payments Acquires Deposits Inc., Redefining Money Mobility for Banks and Corporates with the Launch of Its Modern Money Stack
- 1 year 12 months ago
- Payments
Ingo Payments, a trusted leader in account funding and disbursements solutions defined as Money Mobility, announced its acquisition of Deposits Inc., a provider of modern banking software tools and infrastructure. This acquisition accelerates the launch of its Modern Money Stack, which will enable banks, fintechs and brands to transform money flows into full, feature-rich accounts that foster new relationships, revenue streams, and utility,...
BNY to Acquire Archer, a Leading Provider of Managed Account Solutions to the Asset and Wealth Management Industry
- 1 year 12 months ago
- Asset Management
The Bank of New York Mellon Corporation ("BNY"), a global financial services company, today announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry.
Hex Trust Partners with Grass, the Cutting-Edge Protocol Powering the Big Data and AI Revolution
- 1 year 12 months ago
- Big Data
Hex Trust, a leading provider of digital asset solutions for institutional finance and the Web3 ecosystem, announces a strategic partnership with Grass. This viral, new decentralized infrastructure network is building the first open internet-to-scale web crawl. Today, the network is powered by over 2 million users who are running nodes to scrape petabytes of web data for AI models. The partnership also cements Hex Trust’s position as a major...
Clear Street’s CEO Chris Pento to Assume Executive & Partner Role at Investor White Bay
- 1 year 12 months ago
- Infrastructure
Clear Street, a financial technology firm modernizing the global capital markets and brokerage ecosystem, today announced that Co-Founder and CEO Chris Pento will assume an executive and partner role at White Bay, the family office of Co-Founder Uriel Cohen, effective at year-end 2024.
Lithic Expands into Canada Offering Multicurrency Processing Capabilities
- 1 year 12 months ago
- Payments
Lithic, a leading card issuing technology company known for enabling growth-oriented businesses with bespoke card programs and seamless money movement, today announced its expansion into the Canadian market. This marks Lithic’s first entry into a non-U.S. market and introduces powerful multicurrency processing capabilities that position Lithic to support the most ambitious and innovative card program use cases.
Cogitate Announces Partnership with One Inc to Enhance Digital Payment Solution Offering
- 1 year 12 months ago
- Payments
Cogitate, a provider of cloud-native core policy, billing, and claim applications for insurers, is pleased to announce its partnership with One Inc, the leading digital payments network for the insurance industry.
