CapitalBox Appointed Nemira Palaimienė As Chief Strategy & Growth Officer
- 1 week 1 day ago
- People Moves
CapitalBox, the leading fintech lender for small- and medium-sized enterprises in Europe, is announcing the appointment of the Baltic fintech expert Nemira Palaimienė as the company's new Chief Strategy & Growth Officer. Palaimienė will oversee strategic expansion and development, partnership management, and product development.
Adyen Finds the Global Retail Sector Lost $429 Billion to Payments Fraud Last Year
- 1 week 1 day ago
- Fraud Detection
Adyen, the global financial technology platform of choice for leading businesses, has published new research revealing the billions the global retail sector loses to fraudulent activity annually.
wefox: Julian Teicke to Transition to Role of President on the Board of Directors – Mark Hartigan Appointed Executive Chairman and CEO
- 1 week 1 day ago
- People Moves
wefox, a leading insurtech company, has announced the appointment of Mark Hartigan as its Executive Chairman and Chief Executive Officer. Julian Teicke will be transitioning into the non-executive role of President, and remain Vice Chair of the Board of Directors after nine successful years of steering wefox’s growth and establishing it as a category-defining insurtech company.
BofA's Erica Surpasses 2 Billion Interactions, Helping 42 Million Clients Since Launch
- 1 week 1 day ago
- Banking
More than 2 billion since 2018. That’s how many interactions Bank of America clients have had with Erica®, the most advanced and first widely available virtual financial assistant, since it launched. It took four years to reach 1 billion interactions, since which client engagement has surged, reaching a second billion just 18 months later.
Ant Group Launches Partnership on International Consumer Friendly Zones Program in China, Partnering With Global E-Wallets, Card Organizations
- 1 week 1 day ago
- Payments
Ant Group, along with 11 overseas payment partners of Alipay+ and major international card organizations, launched in Beijing a nationwide Program to build International consumer-friendly zones across major Chinese tourist and commercial cities, with the support of relevant authorities and local governments. Working with local merchants, tourism sites, and commercial districts, the Program aims to enhance international visitors' experience and...
Bond and Crown Agents Bank Launch New Partnership to Support INGO Connections With Financial Services
- 1 week 1 day ago
- Payments
Bond and Crown Agents Bank are pleased to announce a new partnership to deepen INGO’s knowledge and understanding of the support financial services offer in the timely, safe, and transparent delivery of funds into crisis.
Inpay Continues Rapid Scaling, Announcing a 57 Percent EBITDA Growth in 2023
- 1 week 1 day ago
- Payments
Inpay, the Danish cross-border payments provider, has today announced strong annual results for 2023. Annual revenues increased by 23 percent to €60.1 million, up from €48.6 million in 2022. The business also saw strong growth in EBITDA, up 57 percent to €13.0 million in 2023, up from €8.3 in 2022.
AI Causes Cost Shift From Operations to Tech and Data; 63% of Decision-makers in Financial Services Firms Believe AI Will Increase the Cost of Data in Their Organization
- 1 week 1 day ago
- Artificial Intelligence
Nearly two-thirds (63%) of decision-makers employed by financial services firms said that AI would be likely to result in an increase in the cost of data within their organisation. This figure rises to 69% among firms in the UK; and 73% among asset owners more widely.
Data-Driven Marine Insurance Sails Forward Following Cytora and TradeAtlas Team Up
- 1 week 1 day ago
- Insurtech
Cytora, the leading digital risk processing platform, has partnered with global trade data company TradeAtlas. The partnership will enable marine insurers to leverage a huge range of import and export information to make faster and more accurate risk decisions.
TotallyMoney Launches TotallySure for Loans — Putting Customers in Control With Pre-Approval, and Three Guarantees
- 1 week 1 day ago
- Lending
TotallyMoney has announced the rollout of the TotallySure for loans, helping customers avoid application rejection with pre-approval, while guaranteeing interest rates, loan amounts, and loan term:
FullCircl Announces Appointment of Georgio Anastasi as Chief Financial Officer
- 1 week 1 day ago
- People Moves
FullCircl, a SaaS platform that removes regulatory and verification roadblocks to drive revenue growth, today announced the appointment of Georgio Anastasi as Chief Financial Officer (CFO) - the last addition to the senior leadership team as the business moves from founder-led to C-suite-driven. Georgio succeeds Steve Blundell, who has moved into a non-executive role.
Full Authorisation from the Reserve Bank of India to Operate as a Payment Aggregator in India
- 1 week 1 day ago
- Payments
Boku, Inc. , a leading global provider of mobile payment solutions, is pleased to announce that its Indian entity, Boku Network Services IN Pvt. Ltd. ("Boku IN"), has received full authorisation from the Reserve Bank of India ("RBI") to operate as a Payment Aggregator. This follows Boku IN's in-principle authorisation as a PA-PG announced on 31 January 2023.
Global RegTech Software Consolidator Corlytics Receives Significant Investment Backing from Verdane to Continue Category Leadership
- 1 week 1 day ago
- Investment
Corlytics, the global leader in regulatory intelligence and policy compliance technology, has signed an investment from specialist growth investor Verdane for a majority equity stake in the company. Verdane was chosen as an investor with a proven track record of creating category leaders. Currently, Verdane has €6.9BN in committed capital scaling tech-enabled growth businesses.
dLocal and Papaya Global Forge Partnership to Support Complete Workforce Payments Globally
- 1 week 1 day ago
- Payments
dLocal, the leading cross-border payment platform, is proud to announce its strategic partnership with payroll and payments platform Papaya Global.
Kyriba Announces First of Its Kind Innovation with Onyx by J.P. Morgan and Expands Global Partner Ecosystem
- 1 week 2 days ago
- Cash management, Payments
Today, Kyriba, a global innovator in liquidity performance, announced a first-of-its-kind innovation with Onyx, J.P. Morgan’s blockchain business unit, to improve cash management, payments, and liquidity performance for CFOs and Treasurers.
