Digitalization: Visa Adds More Online Wallets to CIBC and Simplii Global Money Transfers

Visa (NYSE: V) and CIBC announced a new collaboration that will enable the bank’s clients to send funds to family and friends across borders more conveniently. With the innovative money movement capabilities of Visa Direct, CIBC and Simplii clients will soon be able to send… Read More

Mangopay, a Flexible Payment Infrastructure Provider for Marketplaces, Selected by OVO Network

OVO Network, a specialist in high-end, self-catered chalets in the Alps, has selected Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms, to streamline the end-to-end payment process for its holiday property rental services. Mangopay will provide an optimized payments integration, “tailored… Read More

European Central Bank (ECB) Releases Experimental Statistics on Distributional Wealth Accounts

The European Central Bank (ECB) has published experimental statistics on Distributional Wealth Accounts (DWA) to provide quarterly and timely household distributional information that is consistent with the national accounts. The new data have been developed to “support the ECB’s 2021 monetary policy strategy, which aims… Read More

DigitalBridge Group Appoints Ersin Yorulmaz as MD, Co-Head of European Capital Formation

DigitalBridge Group, Inc. (NYSE: DBRG) announced it has hired Ersin Yorulmaz as Managing Director, Co-Head of European Capital Formation, effective immediately. Yorulmaz’s appointment further “solidifies DigitalBridge’s already strong commitment to the DACH region (Germany, Austria, Switzerland), with the firm’s existing regional client base and portfolio… Read More

Open Banking Platform Link Financial Technologies Teams Up with Optty, the Universal Payments Firm

Link Financial Technologies, Inc. (dba Link Money), a US-based open banking payment platform, and Optty, the universal payments platform, announced that they have established a partnership. Optty’s collaboration with Link Money “will empower its US-based merchant clients and partners to leverage Link Money’s Pay by… Read More

Fintech GoCardless Partners with JustGiving to Become Online Donation Platform’s Open Banking Payment Provider

GoCardless, the bank payment company, has extended its relationship with JustGiving to become the online donation platform’s exclusive open banking payment provider, replacing American Express. The move will see JustGiving use both the fintech’s Instant Bank Pay feature “to collect instant, one-off gifts and its… Read More

Thunes, the B2B Cross-Border Payment Platform, to Focus on Growth with New Appointments

Thunes, the global B2B cross-border payment company, is pleased to announce key changes to its executive leadership team. To further accelerate its growth, Thunes reportedly “appoints Floris de Kort as its new CEO. Peter De Caluwe has been promoted to Deputy Chairman focusing on strategy,… Read More

Fintech Spenda, an SaaS, Payment and Lending Services Provider, Enters MoU with Ausralia’s eBev

Spenda, an integrated business platform offering a wide range of SaaS, payment and lending capabilities, is pleased to announce that it has entered into a binding Memorandum of Understanding (MOU) with eBev, Australia’s marketplace for wholesale beverages, in order to integrate payment solutions into their… Read More

SoFi Layoffs – Reports Indicate that Fintech is Cutting Staff

SoFi (NASDAQ: SOFI) , a top Fintech platform that holds a bank charter, is letting people go, according to multiple reports. SoFi was a big winner in the stock market in 2023, gaining 116%, but apparently, things may not be as great as they seem as… Read More

10x Banking Teams Up with UK’s Mast, the Cloud-Native Mortgage Origination Platform

10x Banking, the transformational cloud-native SaaS core banking platform, and Mast, the cloud-native mortgage origination platform specialising in the UK market, are thrilled to announce their partnership, enabling real-time connectivity between the two systems. Alongside the partnership comes an API integration guide “on 10x Docs,… Read More

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