January 15, 2025 @ 8:05 am By Omar Faridi  |  

Analysis of Bank of Ireland customer behavior between 14 and 24 December has shown “record” Christmas digital banking usage. On Thursday, 19 Dec 2024, close to 1.6 million digital banking logins were recorded across Bank of Ireland’s iOS and Android mobile apps, “as well as… Read More

January 15, 2025 @ 8:04 am By Omar Faridi  |  

CaixaBank has exceeded 250,000 instant bill collection transactions for companies via the SEPA Request To Pay system. The bank, which in June 2023 became the first in Europe to be approved to operate with this system, has now “activated the first commercial service created under… Read More

January 14, 2025 @ 10:23 pm By Omar Faridi  |  

Reap, a payment technology provider, is pleased to announce today that it has received an In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the Major Payment Institution (MPI) License for its Singapore entity, Reap Singapore. Obtaining the IPA marks… Read More

January 14, 2025 @ 9:52 pm By Omar Faridi  |  

Float Financial, a business finance platform for Canadian businesses, announced it has signed a CAD $70 million Series B financing round, which brings its total funds raised in the last 12 months to $120 million. The latest investment round is led by Growth Equity at… Read More

January 14, 2025 @ 9:21 pm By Omar Faridi  |  

Experian has announced that ReFi, a debt consolidation technology from Paylink Solutions, will become part of the Experian Consumer Services Marketplace, in a boost for consumers and lenders with debt consolidation and affordability challenges. Research from Experian, compiled for Fair 4 All Finance, reveals that… Read More

January 14, 2025 @ 9:17 pm By Omar Faridi  |  

Clearwater Analytics (NYSE: CWAN) and Enfusion, Inc. (NYSE: ENFN) announced their entry into a definitive merger agreement for Clearwater to acquire Enfusion, a provider of software-as-a-service (SaaS) solutions for the investment management and hedge fund industry. According to the announcement, the purchase price is $11.25… Read More

January 14, 2025 @ 9:14 pm By Omar Faridi  |  

Endowus, Asia’s digital wealth advisory platform has increased its total funding to over $110 million. As noted in the announcement, an additional raise of $17.5 million follows from their $35 million raise last year to take the total for this round to $52.5M. New investors… Read More

January 14, 2025 @ 6:58 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-driven fraud prevention solutions, announced its partnership with Credibanco, Colombia’s payment processing company. This partnership will enable Credibanco to leverage artificial intelligence and machine learning models to detect and prevent fraud “in real time, ensuring  secure transactions across channels—both… Read More

January 14, 2025 @ 4:45 pm By Omar Faridi  |  

Cboe Canada Inc. welcomes BlackRock Asset Management Canada Limited for the launch of their latest ETF, the iShares Bitcoin ETF. The iShares ETF now trades on Cboe Canada under “the symbol IBIT, with U.S. dollar denominated units trading under the symbol IBIT.U.” The iShares Bitcoin… Read More

January 14, 2025 @ 12:03 pm By Omar Faridi  |  

Smartfin, a growth equity investor in European B2B technology companies, has reportedly closed its third growth fund at its €250 million target. This fund marks a key milestone for the firm, with an introductory participation of the European Investment Fund (EIF) through its ESCALAR program… Read More

January 14, 2025 @ 7:45 am By Omar Faridi  |  

Transcard, a global firm focused on payments technology, is pleased to announce its expansion into the Canadian market. Transcard has reportedly launched its first Canadian customer, Xodus Travel Services, leveraging the SMART Suite for payment orchestration and “adopting an enhanced digital payment experience.” Transcard’s embedded… Read More

January 14, 2025 @ 7:43 am By Omar Faridi  |  

Nevermined, the provider of AI payment infrastructure for AI-to-AI transactions, announced it has raised over $4 million in funding to accelerate the adoption of AI-Commerce by enabling AI agents to pay and get paid. The investment round was led by Generative Ventures, with participation from… Read More

January 14, 2025 @ 7:30 am By Omar Faridi  |  

TrueLayer, Europe’s open banking payments network, announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe. BR-DGE is a key player focused on payment orchestration, working with enterprise businesses, across sectors such as transport, travel, igaming,… Read More

January 14, 2025 @ 7:29 am By Omar Faridi  |  

Revolut, the global financial super-app, is making significant strides in its mission to redefine and reimagine modern financial services. With its latest product offering tailored for wealth management and private clients, the Fintech company is positioning itself as a solution for individuals seeking sophisticated financial… Read More

January 13, 2025 @ 11:20 pm By Omar Faridi  |  

With industry professionals divided in their approaches, CBInsights look at the winners and losers in the open-source vs. closed-source landscape and what enterprises “need to think about next for adoption.” As part of their series on the generative AI divide, CBInsights has examined many of… Read More

January 13, 2025 @ 10:35 pm By Omar Faridi  |  

HyperPay, the Saudi payments services provider (PSP) operating in the MENA region, reportedly obtained a license from the Saudi Central Bank (SAMA) in order to support the diversification and development of the financial services ecosystem in KSA. In line or consistent with its strategy to… Read More

January 13, 2025 @ 8:19 pm By Omar Faridi  |  

Global Fintech firm Adyen (AMS: ADYEN) recently revealed that it is launching an emergency fundraising campaign for businesses on the platform in order to enable their customers to fundraise for those affected by the wildfires in Los Angeles with Americares. For this particular campaign, businesses… Read More

January 13, 2025 @ 8:18 pm By Omar Faridi  |  

WeLab Bank announced its achievement of first-time breakeven in Dec of 2024 – which is just over 4 years after its establishment. This milestone exemplifies WeLab Bank’s ability to achieve profitability “at a pace faster than anticipated.” As mentioned in the announcement, the accomplishment was… Read More

January 13, 2025 @ 8:16 pm By Omar Faridi  |  

Billtrust, a B2B order-to-cash and digital payments firm, reported 2024 business highlights which helped reportedly companies improve customer experiences and enhance their financial health. Billtrust CEO Sunil Rajasekar said: “In 2024, our team provided more tools than ever to help B2B finance teams gain deeper… Read More

January 13, 2025 @ 5:40 pm By Omar Faridi  |  

The combined market cap of the top 50 companies in the Asia-Pacific (APAC) region surged to $8.1 trillion in 2024, reflecting a “20.6% year-on-year increase.” This, according to a report from GlobalData. Tech firms reportedly led the charge, with the Taiwan Semiconductor Manufacturing Company and… Read More