Pix to Surpass Credit Cards in Digital Commerce in Brazil by Next Year; EBANX Analyzes Outcomes
- 3 months 3 weeks ago
- Credit Cards
Brazil's instant payment system Pix is set to surpass credit cards as the most widely used payment method in Brazilian digital commerce by next year, according to Payments and Commerce Market Intelligence (PCMI) data analyzed by EBANX, a global technology company specializing in payment services for emerging markets.
Markel Launches FintechRisk+ to Offer Enhanced Cyber Coverage and Support Services for Fintechs
- 3 months 3 weeks ago
- Security
Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the launch of its new FintechRisk+ insurance policy, underlining its long-term commitment to provide market-leading coverage and service solutions for fintech companies in an increasingly complex market.
Outward VC Raises £51M in First Close of Fund II to Help Early-Stage Founders Breakthrough
- 3 months 3 weeks ago
- Fundraising News
London-based investment firm Outward VC has announced the first closing at £51m of its Fund II. The fund has received a cornerstone investment of £30m from the British Business Bank, which is deploying capital through its Enterprise Capital Funds programme, which has a strong track record in backing emerging, UK-based Venture Capital fund managers. A wide range of private investors are also participating in the fund.
Form3 Successfully Completes $60M Series C Extension, with New Investment from British Patient Capital and Existing Shareholders
- 3 months 3 weeks ago
- Fundraising News
Form3, the cloud-native account-to-account platform, today announces a new investor, British Patient Capital. Alongside existing strategic and financial investors including Visa, Form3 has now raised a total of $60m in C-series extension funding to continue its growth journey. This funding will enable Form3 to develop new products and services to help support exponential growth in key markets such as the UK, Europe and the US.
Versana Closes $26 Million; Barclays Invests in Its Centralized, Real-Time Digital Data Platform
- 3 months 3 weeks ago
- Fundraising News
Versana today announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also participated in this round. In addition, Barclays joins as a subscriber and provider of its agented corporate loan data, becoming the tenth bank to commit to Versana's next-...
Primer Appoints Ex-Amazon, Microsoft Leader Alex Mallet as Its Chief Technology Officer
- 3 months 3 weeks ago
- People Moves
Primer, the unified infrastructure for global payments, today announced the appointment of Alex Mallet as its new Chief Technology Officer (CTO). This strategic appointment demonstrates Primer’s commitment to developing robust and cutting-edge infrastructure for its global customer base.
Payhawk Launches Real-Time Budgets and New Card Types to Help Businesses Improve “Spending Culture”
- 3 months 3 weeks ago
- Payments
Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, today announces the launch of new innovations as part of its ‘Fall Edition’ product release.
Wise Joins AbbeyCross ABX Platform to Bring Greater Connectivity to Global FX Payments
- 3 months 3 weeks ago
- Payments
AbbeyCross, the platform focused on improving connectivity and access in global FX payments announced today that Wise Platform, Wise’s global payments infrastructure for banks and global enterprises, has joined the ABX Platform as its newest payment partner.
Account-to-Account Payments and Instant Payments Set to Spark New Wave of Innovation
- 3 months 3 weeks ago
- Payments
The Capgemini Research Institute’s World Payments Report 2025, published today, reveals an industry set to be reimagined with account-to-account and instant payments. Now celebrating its 20th anniversary edition, the report predicts instant payments will account for 22% of all non-cash transaction volumes by 2028 globally.
BKN301 Launches New Payment Solution ‘301 Retail Account’ to Empower EMEA Region’s Financial Landscape
- 3 months 3 weeks ago
- Payments
BKN301 Group, a London-based leading digital payments and Banking-as-a-Service (BaaS) provider with a focus in the EMEA region, unveiled its latest innovative payment solution, ‘301 Retail Account.’ The solution is a payment account that will support the rapidly evolving financial landscape and will cater to the unique needs of traditional banks, fintech companies, and neobanks.
UK Savings Week: LHV Bank Launches New Fixed Rate ISA at 4.30% on Hargreaves Lansdown Active Savings Platform
- 3 months 3 weeks ago
- Banking
Marking UK Savings Week, LHV Bank, one of the UK's newest licenced banks, has launched a new Fixed Rate ISA. Offering an attractive interest rate of 4.30% per annum, the new ISA is available exclusively through Hargreaves Lansdown’s Active Savings platform.
Ecommpay Launches Ecommpay for Good
- 3 months 3 weeks ago
- Payments
Ecommpay, the inclusive global payments platform has launched a new brand identity and inclusivity programme, reflecting its focus on accessibility, inclusivity and sustainability and closely tied to its mission to achieve ultimate financial inclusivity. Ecommpay for Good is a dedicated on-going programme focused on inclusivity and providing merchants with critical support to improve their own accessibility. Making a website more accessible can...
Customer Loyalty Protects Traditional Banks from Fintechs Gaining Ground, Finds Kearney
- 3 months 3 weeks ago
- Personal Finance
Leading consultancy Kearney has today released the latest data from its annual European Retail Banking Radar, finding that more than two-thirds (73%) of European bank clients have kept their primary account at the same institution for five years or longer. According to Kearney, over half of Europeans (55%) still bank with one institution, with this figure as high as 77% in Austria.
DNA Payments Launches Apple Pay Express Checkout for Ecommerce
- 3 months 3 weeks ago
- Payments
DNA Payments has introduced Apple Pay Express Checkout, giving Ecommerce clients a new way to accept customer payments. Now, merchants can offer Apple Pay at checkout or via the Express option through the Safari browser, ensuring consumers a swift and seamless buying experience.
FinScan Set for Another Record Year with Double-Digit Revenue Growth
- 3 months 3 weeks ago
- Infrastructure
FinScan®, an Innovative Systems, Inc. solution, is proud to announce a series of successes it has achieved throughout 2023 and 2024. The accomplishments highlight the company’s commitment to technological innovation, customer satisfaction, and market adaptation and the response from new and existing customers resulting in double-digit revenue growth over the last year.
