Payments Canada Updates By-Laws to Support Expanded Membership

Payments Canada announced recently that it implemented amendments to By-laws No. 1 and 3. These amendments now aim to reflect key changes to the Canadian Payments Act (CP Act) as well as the introduction of the Retail Payment Activities Act (RPAA). The stated objective of… Read More

lemlist Acquires AI Platform Claap

lemlist, a sales engagement platform, has acquired AI platform Claap. Claap, valued between $15 million and $30 million, transforms every sales conversation into actionable insights and context-aware AI agents. With the self-funded acquisition, lemlist will now provide sales teams with AI-generated actionable insights based on… Read More

UK Corporates Leverage Embedded Financial Services as Growth Driver : ClearBank

Research from ClearBank reveals that large UK businesses now view embedded financial services as a strategic boardroom decision and business growth driver. The research report released by ClearBank examines the attitudes of 200 senior business professionals at established UK-based corporates towards embedded finance as well… Read More

UK Regulators, FCA and PRA, Open Up “Scale Up Unit” to Help Firms, Fintechs Grow

The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have joined to open up a “Scale Up Unit” with a mission to support regulated firms grow. The Chancellor of the Exchequer, Rachel Reeves, shared the news during a Forum in Leeds. The Forum focused… Read More

Chime Leads in Share of New Checking Account Openings

This is kind of interesting. Neobank Chime appears to be gaining popularity among new checking account openings. Chime is a neobank, not a chartered digital bank, that provides services in partnership with The Bancorp Bank and Stride Bank. Chime prides itself on offering services that… Read More

Epiminds Brings AI Agents to Marketing, Lands $6M Raise

Epiminds, founded by Swedish entrepreneurs Elias Malm and Mo Elkhidir, has announced its public launch from stealth alongside $6.6 million in funding led by Lightspeed Venture Partners with participation from EWOR, Entourage, and angels, including the former CMO of Booking.com. In 12 weeks from ideation,… Read More

British Business Bank Co-Invests £250M Directly in UK based Scale-Ups

The British Business Bank announced that it co-invested more than £250 million into the UK’s scale-up firms. This latest capital injection has been channeled into 33 UK tech and life science firms, more than half of which are described as being university spinouts. These firms… Read More

Sygnum Bank and Debifi Leverage Bitcoin Multi-Sig Tech and Bank Lending Services

Sygnum Bank, a digital asset banking group, announces a partnership with Debifi, a Bitcoin-backed non-custodial lending platform, to develop MultiSYG, a Bitcoin-native multi-signature lending service. The product, set to launch in next year, is said to be the multi-signature Bitcoin lending solution offered by a regulated bank…. Read More

UK Fintech GoCardless Selected by Clay to Streamline Loan Disbursements and Repayments

Clay, an AI-powered credit and debit-as-a-service company, selected bank payment Fintech GoCardless in order to simplify its payments.  Clay now uses GoCardless to unify its payment process onto a scalable platform, leveraging GoCardless’ Direct Debit capability to collect repayments and Outbound Payments, the fintech’s disbursement… Read More

PayPal Survey Reveals Key Consumer Behavior Trends Shaped by AI and Widespread Use of BNPL Services

PayPal (NASDAQ: PYPL) released a new survey, highlighting how U.S. consumers are approaching this holiday season and what merchants should know to capture greater sales and build loyalty. Michelle Gill, GM of Small Business and Financial Services at PayPal said that merchants that enable frictionless… Read More

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