Payments Fintech REPAY, Quadient to Enhance AP Automation Platform

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a new partnership with Quadient, a key player focused on helping businesses create meaningful customer connections through digital and physical channels. The partnership enhances the Quadient AP automation solution by “offering their customers… Read More

Open Banking: BNY Mellon, Trustly to Support Payment Solution with Guaranteed Settlement

BNY Mellon (NYSE: BK) announced the launch of BankifySM, an open banking payments solution that helps organizations “receive consumer payments from bank accounts, with a seamless user experience and that offers guaranteed funds for business receivables.” Bankify couples BNY Mellon‘s transaction payments expertise “with Trustly’s… Read More

Temenos Welcomes Generative AI-Based Classification Tool

Temenos this week launched what it claims is an industry-first secure solution for banks using generative artificial intelligence to classify customers’ banking transactions automatically. Transactions classification helps banks provide personalized insights and recommendations, offer more engaging and intuitive digital banking experiences, and enhance customer loyalty through more… Read More

Berlin’s Upvest to Provide Smart Money App Plum with Investments API, Enabling More Investment Opportunities

Berlin-based fintech Upvest is set to provide Plum, the smart money app, with its investment API, enabling Plum to expand its range of investment opportunities to EU customers. Plum currently offers 3,000 US stocks to EU customers. Following this partnership, Plum will have the functionality… Read More

Netcompany Acquires Stake in European Fintech Firm to Form a Strategic Partnership

Netcompany acquired a 20% stake in the Danish based Festina Finance – a provider of software for the Life and Pension industry with a customer base in Denmark and the Netherlands. The investment will accelerate the entry “into new markets for Festina Finance and enhance… Read More

Stockholm-based Fintech Treyd Acquires Additional Funding in Extension of Series A Round

Treyd, the Stockholm-headquartered Fintech that pays suppliers upfront on behalf of growing retail businesses, announces the completion of a $12 million (£9 million) extension of its March 2022 Series A funding. The extension funding brings the total investment in Treyd to $25 million (£20m). The… Read More

HSBC, Terra Quantum Explore Real-World Applications of Hybrid Quantum Tech in Financial Services

Terra Quantum, a quantum technology firm, and HSBC (NYSE: HSBC) are partnering to explore hybrid quantum technology applications, according to a company statement. As quantum technology evolves, early adopters like HSBC are poised “to explore the potential benefits of increased efficiency, cost reduction, and a… Read More

Global Fintech Adyen Obtains UK Banking Authorization

Executing on its global approach to building an end-to-end financial technology platform, Adyen’s UK banking authorization secures ongoing service levels for UK businesses. Adyen (ADYEN:AMS), the global financial technology platform of “choice” for businesses, announced that its UK branch has been “granted authorization as a… Read More

UK’s Digital Bank Zopa Secures £75M, Exceeds 1M Customers

Digital bank Zopa has raised £75 million ($95m) in Tier 2 capital in order “to further accelerate its growth, supporting its vision to become Britain’s best bank.” The funding will ” fuel Zopa’s continuous growth and expansion.” It brings the total capital raised by Zopa… Read More

BNPL provider Koverly welcomes Ben Haddon as VP

Koverly, a globally-focused fintech that integrates business-to-business buy now, pay later (BNPL) solutions into a digital payment platform, this week announced the addition of Ben Haddon as its vice president of credit and revenue. Haddon is expected to scale the company’s lending capacity to $70… Read More

Send this to a friend