Nexi and Engineering Group: NOVA, Advanced Digital Banking Platform, Is Born
- 2 years 4 months ago
- Banking
Nexi, the leading European PayTech, and Engineering Group, international leader in the digitalization of processes for businesses and Public Administration, will develop a business partnership in digital banking and give life to NOVA, a technology platform designed for different business segments from SMEs to Large Corporate, characterized by a configurable service portfolio and a modular, natively open and cloud-oriented architecture.
Digital Payments Demonstrated to Have a Lower Environmental Impact Than Cash
- 2 years 4 months ago
- Payments
The European Digital Payments Industry Alliance (EDPIA) is pleased to announce the publication of the Oxford Economics white paper The environmental impact of digital over cash payments in Europe. With the study, EDPIA wants to contribute to and engage in the public debate on how the payment value chain can take actively part in achieving a low carbon economy and showcase which areas are likely to deliver the best decarbonization potentials.
Open Banking Expo Awards Return to Celebrate Excellence in Open Banking, Open Finance, and Payments
- 2 years 4 months ago
- FinTech StartUps
Open Banking Expo, the premier global community of Open Banking and Open Finance executives driving digital transformation in the financial services sector, is thrilled to announce the launch of this year's Awards program. Following the tremendous success of previous editions, the Open Banking Expo Awards are back for the fourth consecutive year to recognise and honour the trailblazers, innovators, and visionaries worldwide who have spearheaded...
Shift4 Acquires Majority Stake of German Point-of-Sale Company Vectron Systems AG
- 2 years 4 months ago
- Investment
Shift4, the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals. Based in Germany, Vectron has ~65,000 POS locations across Europe, representing ~€25 billion in volume opportunity with minimal payment monetization today.
Mastercard and Thought Machine Accelerate Core Banking Capabilities, Providing Seamless Payment Experiences
- 2 years 4 months ago
- Core Banking
Mastercard and Thought Machine, a cloud-native banking technology company, are advancing their partnership to deliver high-quality payments and core banking (critical back-end technology for product and account management and the customer ledger) capabilities to financial institutions looking to modernise their technology stack.
CleverCards Announces €8M Funding Round
- 2 years 4 months ago
- Fundraising News
CleverCards, the innovative digital payments platform, has successfully raised €8 million in its latest funding round. This investment includes significant contributions from Pluxee, a prominent player in Employee Benefits and Engagement, as well as additional support from existing investors. This new round of funding elevates CleverCards' total capital raised to €28 million.
eBay Launches Venmo as a Payment Option
- 2 years 4 months ago
- Payments
eBay is expanding payment method choice at checkout by adding Venmo. The move to introduce new, popular and modern payment options aligns with the evolving preferences of today’s digital natives. This convenient, simple, and safe payment method will bring eBay buyers in the U.S. even more choice and flexibility during the checkout experience.
Vertex Acquires Artificial Intelligence Tax Capabilities from Ryan, LLC
- 2 years 4 months ago
- Artificial Intelligence
Vertex, Inc., a global provider of tax technology solutions, announced today the acquisition of tax-specific AI capabilities from Ryan, LLC, an award-winning tax services and software firm, designed to manage the complexity of tax mapping more effectively. Financial terms of the transaction were not disclosed.
InScope Secures $4.3 Million in Seed Round
- 2 years 4 months ago
- Fundraising News
InScope has officially launched its platform, securing $4.3 million in funding to enhance financial reporting and auditing processes for private companies.
Hometree Secures £250M Asset-Backed Debt Facility from Barclays for UK’s First Residential Renewable Securitisation
- 2 years 4 months ago
- Investment
Hometree, the fast-growing residential energy services company, has secured a £250m asset-backed debt facility from Barclays, which will be used to finance over 28,000 residential solar panel systems, batteries and heat pumps across the UK over the next two years.
Stripe Launches a Series of Enterprise-Grade Solutions for the French Market
- 2 years 4 months ago
- Payments
Stripe, a financial infrastructure platform for businesses, today announced a range of product and partnership updates for businesses operating in France. This represents Stripe’s largest set of new products for the French market since launching in the country in 2016. New advanced payments solutions for French businesses on Stripe
AccountsIQ Secures €60M Investment to Embed AI into Its Platform and Shape the Finance Function of the Future
- 2 years 4 months ago
- Fundraising News
AccountsIQ, the cloud-based accounting platform, today announced that it has secured a €60M Series C investment from Axiom Equity, a specialist B2B SaaS growth equity fund. The investment will be focussed on continuing to develop the AccountsIQ product to shape the finance function of the future, taking advantage of advancement in AI throughout all aspects of the solution.
President Biden Announces Key Nominees
- 2 years 4 months ago
- People Moves
President Joe Biden announced his intent to nominate the following individuals to serve as key leaders in his administration:
BofA Names Michael Garand as Worcester President
- 2 years 4 months ago
- People Moves
Today, Bank of America has named Michael Garand as president of Bank of America Worcester. As president, Garand will lead the Worcester market and will be responsible for connecting clients, teammates, and communities to the bank’s eight lines of businesses and the full power of Bank of America. Garand succeeds Ed Shea, who will be retiring later this month after 39 years of service, 18 of those as president of Worcester.
Visa Supports Cashless Day 2024, Accelerating Vietnam's Digital Payments Revolution
- 2 years 4 months ago
- Payments
Visa, a world leader in digital payments, continues to support Vietnam's annual Cashless Day (Jun 16), aiming to propel the country's digital payments ecosystem. Visa is sponsoring the 6th Cashless Day celebration, organized by the State Bank of Vietnam and Tuoi Tre Newspaper. This year's campaign seeks to engage consumers and businesses with exciting activities and special offers, designed to promote digital payments and expedite Vietnam's...
