Partnerships 

Buckaroo Partners with SurePay to Offer the Confirmation of Payee Solution to their Netherlands Customers

SurePay, the leading Confirmation of Payee provider, announced that it has partnered with Buckaroo, an established payment service provider for businesses, to offer its Confirmation of Payee solution to their customers in the Netherlands. Confirmation of Payee is a way to give consumers, banks, and companies greater assurance that their payments are being routed to the intended recipient and are not being accidentally or deliberately misdirected. 

Visa and Solarisbank Partner With Fintech FINOM to Launch Italy’s First Business Banking Accounts With Integrated E-voicing

FINOM, a fintech company focused on empowering small firms, freelancers and entrepreneurs across Europe, has launched an innovative new business account in Italy, which combines banking, e-invoicing, and financial management services on a single platform. European bank  Solarisbank is facilitating the fintech firm’s product expansion in Italy, by offering local IBANs to customers, and they will issue the account’s Visa debit cards.

Emerchantpay Partners with APEXX Global to Expand Acquiring Coverage

Emerchantpay, a leading payment service provider and acquirer, has formed a strategic partnership with APEXX Global, a multi-award-winning global payments platform, to expand its acquiring coverage and maximise its merchant growth globally. The partnership will expand APEXX’s current ecosystem by providing access to emerchantpay’s in-house and global merchant acquiring services. Additionally, through the new alliance with emerchantpay, APEXX will leverage over 300 ways to pay domestically and cross-border. This means that APEXX can reach more merchants across a range of verticals and in key international markets.

Cytric by Amadeus is Partnering with AppZen to Deliver AI-driven Expense Audits

AppZen’s AI-powered spending auditing will natively integrate with Cytric Expense delivering new efficiencies for corporations and business travel agencies. Typically, companies only audit up to 10% of their employees’ expenses, due to the vast number of work hours auditing expenses takes.  With this in mind, the value of an AI-powered platform allowing for 100% automation of expenses quickly becomes clear. Amadeus has partnered with AppZen, to offer Cytric Expense customers a seamless expense-auditing experience. 

Verisoft and IDEX Biometrics Have Teamed Together to Speed Up the Deployment of Biometric Smart Cards

IDEX Biometrics ASA announces collaboration with payment software provider Verisoft A.S. for the commercialisation of biometric payment solutions in EMEA and globally. Verisoft delivers end-to-end smart card issuance solutions, ranging from personalization software, digital payment solutions, card management,and loyalty systems across 32 markets, and has delivered EMV solutions to more than 100 banks, working with leading card vendors such as AustriaCard, G+D, IDEMIA, Kona I and TAG Systems.

Monoova and TrueLayer to Launch data-enabled Payments in Australia Using the Consumer Data Right

Monoova, a leading B2B payments solutions provider, and TrueLayer, a global leader in open banking, are partnering to harness financial and identity insights using Australia’s Consumer Data Right (CDR) for smarter, faster, data-enabled payments in the Australian market. The benefits of the combination of CDR data with payments start when onboarding customers and continue through the procure-to-pay process at the time of invoicing, and are especially powerful when setting up recurring payments for regular periodical subscriptions or an ongoing commercial supply arrangement.

ACI Worldwide and NORBr Partner to Help eCommerce Businesses Across the Globe to Drive Revenues

ACI Worldwide, the global leader in mission-critical, real-time payments software, and NORBr, the leading global payment services distributor platform for digital merchants, and leading payment services marketplace for digital merchants announced a partnership. The collaboration allows merchants to connect to ACI’s merchant solutions, including ACI Secure eCommerce, and ACI Fraud Management for Merchants. NORBr connects merchants with certified payments providers, managing and benchmarking all payment services through a single API, for free.

Phrasee Partners with Visa to Offer the Most Advanced AI Marketing Technology to Clients Across Europe

Phrasee, the leader in brand language optimisation, announced an exclusive European partnership with Visa, a world leader in digital payments. The three-year agreement is part of Visa’s strategic investment in its clients, which include Europe’s leading B2B financial services brands. Visa clients will have access to Phrasee’s advanced natural language generation and machine learning technology as part of its reseller programme.

Ingenico and Inspire Payments Partner to Ignite Payments for UK SMEs

Ingenico, a Worldline brand, and Inspire Payments announced a new partnership, equipping the Verastar Group’s company with Ingenico’s market-leading ‘Move’ and ‘Desk’ payment terminals. The deal will mean Ingenico is now the primary supplier of terminals to Inspire Payments, empowering the payments provider to grow its merchant estate and offer tailored payment solutions to the UK’s small and medium-sized enterprises (SMEs).

Launches 

Nordigen Introduces a New No-code Integration for their AIS Solution, Lowering Barriers to Entry

The world’s only freemium open banking platform, Nordigen, has further expanded its services to include a no-code feature, allowing users to access account information services without API integration. With the new no-code feature, companies can go live with AIS in a day. Clients now have the option of a simplified integration method which eliminates the need to write code on the users’ side. Instead, clients can request the no-code solution during registration, and the sales team will assist with a tailored and personalised solution based on their needs and preferences.

Klarna Launches Virtual Shopping, Bringing the In-store Experience to Online Shoppers Everywhere

Klarna, a leading global retail bank, payments, and shopping service today announced the launch of its Virtual Shopping offering, bringing the best of in-store to the online experience. Virtual Shopping by Klarna enables consumers to browse and buy online with confidence by connecting them directly with in-store experts through live chats and video calls to receive product advice and inspiration. For retailers, Virtual Shopping empowers in-store teams to bring their expertise beyond the walls of physical stores to millions of shoppers online.

FintechOS Launches BNPL Offering to Help Traditional Institutions Enter Booming Market

FintechOS, the global leader in high-productivity fintech infrastructure offering to the banking, insurance and retail industries, launched new features that allow traditional institutions to create, customise and roll-out their own Buy Now Pay Later (BNPL) product as well as additional embedded lending solutions. With experience helping banks and lenders build digital lending products, including a number of pioneering embedded finance projects in Europe, FintechOS is well placed to empower established financial brands to step outside the box of traditional payments and credit product definitions, and tap into the booming BNPL market.

Wilshire Adds CrossTower, Okcoin and eToroX to its Digital Asset Blended Price Methodology and Launches 25 New Indexes

Wilshire, a global investment technology and advisory company, announced that CrossTower, Okcoin, and eToroX have been promoted from ‘watchlist’ to ‘contributing’ exchanges. Contributing exchanges help facilitate price discovery through the FT Wilshire Digital Asset Index Series which now features 38 blended prices, multi-coin indexes. This increases the number of contributing exchanges that meet Wilshire’s robust standards for institutional quality digital asset indexes from 7 to 10, – Bitfinex, Bitstamp, Coinbase, CrossTower, eToroX, Gemini, itBit, Kraken, LMAX Digital, and Okcoin.

MONET Launches World First Finance Platform for Creators, Powered by Weavr

London-based revenue management Fintech, MONET, announced the beta launch of its revenue-based lending platform with dedicated Creator Business debit cards and accounts for creators, providing infrastructure that is a world-first in its field. The platform is facilitated by embedded finance specialist Weavr, using their technology to provide business banking and payments infrastructure.

Wolters Kluwer Launches OmniVault for Real Estate Finance Technology Solution

Wolters Kluwer Compliance Solutions has launched its OmniVault for Real Estate Finance solution. OmniVault for Real Estate Finance uses the company’s industry-leading, multi-award-winning eVault technology to support digital home equity lending, both HELOCs and home equity loans, in addition to already supported conventional, U.S. government and jumbo first mortgages.

Rillion Launches in United States as it Rebrands from Palette Software

Global SaaS solutions provider Rillion announced its launch in the United States. Formerly Palette Software, Rillion has 3,000 customers and 340,000 users across 50 countries. The solution captures invoice data, processes invoices, matches purchase orders, offers searchable archives, and allows complex approval workflows to boost productivity in finance and accounts payable (AP) departments.

Finastra Managed Services Launches on Amazon Web Services

Finastra announces the launch of Finastra Managed Services (FMS) on Amazon Web Services (AWS) to enable banks and financial institutions to access FMS in the AWS cloud. FMS is available in the AWS cloud has already demonstrated its benefits, helping a large multi-national U.S. bank on the West Coast roll out its lending solution. Users of FMS in the AWS cloud benefit from increased efficiency and scalability, which improves spending and reduces carbon footprint. AWS empowers organizations to modernize their infrastructure, meet rapidly changing customer behaviors and expectations, and drive business growth.

Merger & Acquisition

Checkout.com to Acquire Ubble to Increase Trust and Safety in the Digital Economy

As part of its drive to expand its financial services offering, global cloud-based payments provider Checkout.com announced its intent to acquire digital identity verification (IDV) startup, ubble. The deal—slated to close later this year pending regulatory approval—comes amid the continued growth of online transaction volumes around the world and the concurrent increased risk of fraud and money laundering. It also supports Checkout.com’s mission to enable businesses and their communities to thrive in the digital economy.

Nets Acquires Full Stake in Orderbird

Nets, part of the leading European PayTech Nexi Group, has acquired full ownership of German-based orderbird, a leading provider of integrated POS-software solutions in the hospitality sector in Europe. Nets was a long-standing partner and shareholder in orderbird through its German-based digital payment provider Concardis. The current transaction follows Nets increasing its stake in orderbird in late 2021 and completing this full acquisition further strengthens its merchant services proposition in the hospitality vertical in a region where it already leads through Nets / Concardis merchant services.

Ebury Acquires Bexs and Expands its International Payments Offering in Brazil

Ebury, one of the world's largest fintech companies specializing in international transactions for small and medium-sized enterprises, with operations in 20 countries, today signs an agreement to begin the process of acquiring 100% of the Brazilian fintech Bexs, which includes the businesses Bexs Banco (foreign exchange) and Bexs Pay (payments). The acquisition, which is subject to regulatory approval, aims to broaden the company's offering of international money transfer solutions for SMEs, as well as to provide digital services to businesses that sell their products online in Brazil, particularly marketplaces, applications, and software companies.

Job Moves

PPRO Names Former SWIFT CEO Lázaro Campos as First Independent Board Chairman

PPRO, the leading provider of digital payments infrastructure, has appointed Lázaro Campos as its first Independent Chairman of the Board in an effort to strengthen its board and governance in the next phase of the company’s growth trajectory. Campos takes over from Tim van Delden, representative and Managing Partner of PPRO shareholder HPE Growth, who served as Chairman of the Board through the last stage of PPRO’s rise. Van Delden is now Vice Chairman of the Board. Campos was officially appointed Chairman on 25 April.

HUB Group Appoints Chief Commercial Officer to Accelerate Digital Investment

Fintech business HUB Group has appointed Rob Hudson into the new role of Chief  Commercial Officer. Rob will start in June and report to Group Chief Executive David Cooper. HUB Group is a part of the FTSE 250 retirement specialist Just Group and provides corporate solutions to some of the biggest UK companies; pension schemes and regulated advice and guidance services to employees and scheme members. HUB Group’s innovative automated advice solution, Destination Retirement, started to be deployed in the worksite earlier this year and will have been installed in over 50 employers during the next few months.

MANGOPAY Appoints Luke Trayfoot as New Chief Revenue Officer to Spearhead Growth and Expansion

MANGOPAY, a major European payment solutions provider for marketplaces and platforms, announced the appointment of Luke Trayfoot as Chief Revenue Officer. In this newly created position, Luke takes on a critical leadership role to help MANGOPAY accelerate its international expansion as well as improve revenue streams for this next phase of growth. The appointment of Luke Trayfoot, who will report to CEO Romain Mazeries, is another step for MANGOPAY in becoming one of the key global payment solutions providers powering the platform economy.

VikingCloud Has Announced New Leadership Appointments

VikingCloud, (formerly Sysnet), a leading provider of cyber security and compliance solutions, has announcedthe addition of two new members to its executive team. Gregory Leos has been appointed Chief Revenue Officer, bringing a wealth of experience in the financial services industry to the company. Based in Chicago, he joins from a six-year tenure with Fiserv, where in addition to leading several vertical sales teams within the Enterprise National Sales group, he was General Manager for the Enterprise Franchise business unit.

SQream Hires a New Chief Operating Officer

SQream Technologies, the leading Peta-scale data analytics platform announced today the appointment of  Naama Saar as Chief Operating Officer, responsible for executing the company’s strategy and vision to become the market leader for solutions that accelerate Peta size data analytics. Naama will lead the product, R&D and delivery teams worldwide to provide a superior customer experience for their partners and customers.

Airwallex Appoints New EMEA General Manager to Double Down on Regional Growth

Airwallex, a global fintech platform, today announced Pranav Sood has joined as its new General Manager, EMEA and will lead the company’s next phase of growth as it continues to expand across the region. Airwallex first established its presence in EMEA in 2019 and has witnessed tremendous growth since, with a regional team of more than 100 people. Continuing with this momentum, Pranav will be responsible for continuing the business’ strong growth trajectory, driving Airwallex’s strategy, growth, operations, product development and talent across EMEA, whilst being a Director Designate of Airwallex (UK) Limited and Airwallex (Netherlands) B.V.

TransUnion Appoints New UK Chief Operating Officer

Laura Barley has been appointed as chief operating officer (COO) for TransUnion in the UK, meaning that its executive team is now an even split of men and women. TransUnion pledged in 2019 that it aimed to achieve gender parity in senior leadership by 2030 in all the regions it operates in. The UK leadership team, which is now 50% female, is a testament to that commitment being put into practice. Having been with the business for over 15 years, Laura has taken on responsibility for all aspects of UK operations. 

DriveWealth's CEO is a Former Visa Crypto and Fintech Executive

Terry Angelos, Visa's global head of crypto and fintech, is quitting the card scheme to join fractional investment trading platform DriveWealth as CEO. DriveWealth’s APIs are utilised by over 100 global fintechs, challenger banks, and digital wallets - such as Block's Cash App and Revolut - to purchase fractional shares of US equities. Angelos is joining DriveWealth following a transformational year for the company, which realised a 100% growth in customers and revenue, 140% growth of its international business, and an over 150% increase in headcount in 2021.

Accelerated Payments Appoints VP of Business Development for North American Operations

SME funding provider Accelerated Payments today announced the appointment of Steven Conrad as Vice President of Business Development for North America.  Conrad brings over 20 years of experience to the role and will be instrumental in managing the regional growth of the company. He will be based out of Toronto. An internationally experienced, multi-disciplined professional, Contrad is a proven leader with career highlights in business development, strategic marketing, finance, audit, HR, communications and change management. He comes into the role with valuable board-level experience and a track record of consistently achieving results in challenging corporate environments.

Visma | Onguard Names Adriaan Kom as New Managing Director

Visma | Onguard, the fintech company that focuses on the order-to-cash process, has appointed Adriaan Kom (41) as Managing Director as of the 1st of June. Kom has been working at Visma | Onguard for one and a half years as Chief Commercial Officer. In his new role, Kom will focus on the further growth of the company as part of Visma. Part of this is to accelerate further innovation in the product portfolio and to make the customer even more central. With the appointment of Kom, Visma | Onguard focuses on being and remaining the stable partner and order-to-cash specialist for its global customer portfolio.