Optty and Fintech GoCardless to Bring Global Bank Payments to Australian Businesses

Bank payment company GoCardless announced a partnership with Optty, a payments API platform, to help businesses in Australia to simplify their payment processes, “operate more efficiently, and scale with ease.” This will allow customers to collect bank payments directly within the Optty platform, without the… Read More

The Financial Technology Association Welcomes House Move to Reverse Digital Payments Rule

The Financial Technology Association (FTA) welcomed the House’s decision to pass the Congressional Review Act resolution overturning the Consumer Financial Protection Bureau’s (CFPB) rule for digital consumer payments. As the Senate has already passed the resolution, SJ Res. 28 now heads to the President’s desk… Read More

Morgan Stanley Loan Deals Now on Versana

Versana is reporting that Morgan Stanley Agented Broadly Syndicated Loan Deals are now live on its platform. Versana says it is bringing real-time loan data to institutional clients, improving transparency, efficiency, and data accuracy across the syndicated loan industry. Versana is an industry-backed centralized platform… Read More

Aberdeen Builds on UK Pension Pool Offering with £3B of Policies Transferring from Phoenix Life Ltd

Global investment company Aberdeen announces that £3bn of pension scheme policies have transferred from Phoenix Life Limited to abrdn Life and Pensions Limited. The transfer relates to a specific book of business “where the policyholders are typically pension scheme trustees.” It highlights the strength and ambition of… Read More

Anchorage Digital Becomes Digital Assets Service Provider for BlackRock

Anchorage Digital, the U.S. federally chartered digital asset bank, is announcing that it has deepened its relationship with BlackRock to provide digital asset custody in order to meet growing digital asset demand from retail and institutional clients. Anchorage Digital Bank N.A. is being named “an… Read More

UK’s NatWest Invests in Credit Card Platfom Yonder

NatWest has announced a minority investment in Yonder, a credit card platform that provides customer experiences through “lifestyle-led rewards.” Yonder provides a financial lifestyle platform “that brings together people, money and experiences.” Predominantly targeting young professionals and expats, their platform offers its members “a range… Read More

PensionBee Research Reveals Stark Generational Differences in Attitudes Towards AI

New research from PensionBee reveals that almost half of older savers don’t fully trust using artificial intelligence (AI) to help manage their finances. A nationally representative survey of 1,000 UK adults explored “attitudes towards AI in pension customer support.” The research findings reveal that 45%… Read More

Global Fintech Airwallex Enables Firms to Collect and Hold Funds in Israeli Shekels

Global fintech Airwallex announced that it now enables businesses to receive and hold funds in Israeli Shekels (ILS) through its Global Accounts and multi-currency wallet. The offering enables Israeli and global Airwallex customers to open accounts, facilitating transactions “in ILS via the Israeli payment network.”… Read More

L.E.K. Consulting Exec Comments on Implications of CFPB’s Closure and Why Banks Must Push Forward

  The Consumer Financial Protection Bureau’s (CFPB) recent shutdown caused a ripple across the industry and calls into question many regulations, including the status of the October open banking ruling. As the situation continues to evolve, CI caught up with Aaron Byrne, Head of Financial… Read More

SEPTA Expands Contactless Payments Tech to Regional Rail

After a rollout on Transit, SEPTA is expanding contactless payment options to Regional Rail starting on Friday, April 4. This means customers on all modes – trains, buses, subways, and trolleys – can easily “tap on using their credit or debit card, or mobile wallet.”… Read More

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