Global Fintech Adyen and Eats365 to Streamline Payments Solutions

Adyen (AMS: ADYEN), the financial platform of for companies across the globe, announced its partnership with Eats365, a restaurant point-of-sale (POS) provider currently serving 27 markets. This collab will now aim to simplify “operations for Eats365 merchants and users throughout the supported regions.” Through 365pay,… Read More

Fintech Finzly Streamlines Live Oak Bank Wire Services via STP with Fedwire Solution

Finzly, a payments and financial solutions provider, announced that Live Oak Bank has enhanced its commercial and small business banking services by implementing Finzly’s Fedwire solution, achieving “100% straight-through processing (STP).” This move streamlines payment processing and positions the bank “to meet the upcoming ISO… Read More

Societe Generale-FORGE Launches EUR backed Stablecoin (EURCV) on Stellar Network

Societe Generale-FORGE announces the launch of its EUR-backed stablecoin (EURCV) on the Stellar network. This expansion will open opportunities for users and businesses “to access a secure, transparent, and scalable digital euro stablecoin, powered by the innovative Stellar blockchain infrastructure.” This move combines the regulatory… Read More

Payments Fintech Thunes Expands Direct Global Network into Taiwan

Thunes, which claims to be the “Smart Superhighway” to move money around the world, announced the expansion of its Direct Global Network into Taiwan. This expansion brings Thunes’ Pay-to-Banks payment capabilities to Taiwan, enhancing the company’s cross-border payment services in “one of Asia’s most technologically… Read More

Best Egg and Cross River Enhance Funding Strategy with Levered Certificate Program

CRB Securities LLC, an SEC-registered broker-dealer and FINRA member owned by Cross River Bank Group, and Best Egg have completed the issuance of the first series in Best Egg’s new private structured pass-through program, BEAST 2024-A. Series 2024-A of the Best Egg Asset Structured Pass-Through Trust… Read More

Stacks Reports $10M in Funding to Simplify Financial Close Process

Stacks, the AI-powered workspace helping companies close their books quickly and efficiently, announced a $3 million pre-seed round led by EQT Ventures, followed by a $7 million seed round led by General Catalyst, with EQT Ventures. The rounds also saw participation from s16vc and angel… Read More

Payoneer Obtains Regulatory Approval for Acquisition of China-based PSP

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced that it has received the regulatory approvals in China required to “complete its previously announced acquisition of a licensed China-based payment service… Read More

AI Not “Silver Bullet” as Compliance Professionals Struggle with Rising Costs and Complexity – Report

Growing levels of financial crime and regulatory “scrutiny” are forcing organizations to step up spending on compliance, but they are “less sold on AI as the standalone solution,” according to a survey of risk and compliance officers by LSEG Risk Intelligence. The survey finds that… Read More

Glassbox Announces $1.2M in Funding to Reimagine Spreadsheet for AI enhanced Corporate Transactions

Glassbox, a Toronto-based fintech startup, announced that it raised $1.2 million in pre-seed funding in order to “reimagine” how finance teams work with spreadsheets in the age of AI (artificial intelligence). The investment round was led by FinTech Collective (New York) and StandUp Ventures (Toronto),… Read More

UK’s NatWest Announces High-Potential Fintechs Joining Fintech Growth Program

Five fintechs have been selected to take part in NatWest’s Fintech Growth Program. After the launch in December and after a process of pitches, presentations and interviews, TunicPay, Ask Silver, mmob, Aperidata and Sprive were selected to take part in the program supported by NatWest…. Read More

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