April 3, 2024 @ 10:29 pm By Omar Faridi  |  

Commerzbank is updating its existing payment platform in Germany to process cross-border payments via the SWIFT network and to process high-value and urgent payments via the TARGET 2 or EURO 1 payment systems. To achieve this, the Bank is using the TRAVIC-Payment Hub developed by… Read More

 Tagged commerzbank, germany, payments

April 3, 2024 @ 10:26 pm By Omar Faridi  |  

Treasury Prime, an embedded banking software company, announced today its strategic partnership with Narmi, a provider of digital banking solutions for financial institutions. This collaboration enables Treasury Prime’s banking customers “to send and receive money instantly through the FedNow Service and integrate the FedNow experience… Read More

 Tagged banking, embedded finance, Narmi, treasury prime

April 3, 2024 @ 8:18 pm By Omar Faridi  |  

A new study from Juniper Research, the researchers focused on fintech markets, has forecast that the value of global POS (Point-of-Sale) terminal transactions will reach $17 trillion by the end of 2024, and grow by 25% to 2028. This growth comes despite the recent POS… Read More

 Tagged digital transactions, payments, pos terminals, Research Study

April 3, 2024 @ 8:17 pm By Omar Faridi  |  

AGL Credit Management LP, an investment manager specializing solely on corporate credit strategies, and Barclays Plc, a global Investment Bank, announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit. AGL PC combines AGL’s established credit competency… Read More

 Tagged agl credit management, barclays, investments, uk

April 3, 2024 @ 10:52 am By JD Alois  |  

The American Fintech Council (AFC) has added ZayZoon as a member. ZayZoon was founded in 2014 and it is a Fintech that provides Earned Wage Access (EWA) for small and mid-sized businesses. Phil Goldfeder, Chief Executive Officer of the AFC, said that ZayZoon is a… Read More

 Tagged AFC, american fintech council, ZayZoon

April 3, 2024 @ 9:36 am By JD Alois  |  

Mangopay, a Paris-based global payments firm, has hired a new Head of Sales for Fraud in an effort to boost its anti-fraud kit. Bertrand Dezard will now look to grow the company’s international fraud business worldwide, with a focus on Europe and Latin America, as… Read More

 Tagged france, fraud, mangopay, payments

April 3, 2024 @ 9:23 am By JD Alois  |  

Following the full regulatory approval from the UAE Securities and Commodities Authority to deal in securities in the UAE, Capital.com has opened an office in Dubai and plans to expand its services across the MENA and Asia regions. Launched in 2016, Capital.com aims to enable… Read More

 Tagged capitla.com, dubai, uae

April 3, 2024 @ 8:41 am By Omar Faridi  |  

HighRadius announces the launch of Accounts Payable Automation, the GenAI native solution, to automate the entire payer-supplier payment process. AP teams have been working “with traditional, one-way applications intended to reduce manual processes and save costs.” However, these haven’t helped suppliers, “who get limited payment… Read More

 Tagged generative ai, high radius

April 3, 2024 @ 6:37 am By Omar Faridi  |  

Liberis, the global embedded finance platform, announced a partnership with Shop Circle, the e-commerce software provider. Shop Circle Capital, powered by Liberis, is designed to “offer instant, hassle-free funding.” This partnership will enable Liberis to “expand its reach within the e-commerce industry through Shop Circle… Read More

 Tagged e-commerce, embedded finance, liberis, shop circle

April 2, 2024 @ 8:57 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI) announced that it has entered into a definitive arrangement agreement to be taken private by Advent International, which claims to be one of the largest and most experienced global private equity investors, with the support of each of the company’s holders… Read More

 Tagged advent international, nuvei