May 10, 2025 @ 3:16 am By Omar Faridi  |  

Payoneer Global Inc. (NASDAQ: PAYO), a Fintech specializing in cross-border payments, has suspended its full-year 2025 earnings guidance amid significant global trade uncertainties, according to a recent report by Fortune. The New York based fintech company, which was valued at $3.3 billion when it went… Read More

 Tagged Cross-Border Transactions, financial results, payments, payoneer

May 9, 2025 @ 6:00 pm By Tony Zerucha  |  

Visa’s Acquirer Monitoring Program (VAMP) is causing problems for acquirers and merchants, both for its design and its rollout. While the motivation to limit losses is understandable, Accertify’s director of global product management, Michael Mallon, said customer frustration is too. Visa said VAMP combines five… Read More

 Tagged Accertify, chargebacks, Mike Mallon, VAMP, visa

May 9, 2025 @ 5:53 pm By Omar Faridi  |  

TD Asset Management Inc. (TDAM) announced a new way for investors to access private global infrastructure investments. Eligible Canadian accredited investors will have access to TDAM’s institutionally available infrastructure strategy, the TD Greystone Infrastructure Fund (Canada) L.P., through a collaboration with iCapital Network Canada Ltd, financial… Read More

 Tagged icapital, infrastructure, investments, td asset management, tdam

May 9, 2025 @ 5:51 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-native financial crime prevention,  released its 2025 AI Trends in Fraud and Financial Crime Prevention report, uncovering how generative AI (GenAI) is used in financial fraud. More than 50% of fraud involves the use of artificial intelligence. Generative AI… Read More

 Tagged ai, aml, financial crime, research, security

May 9, 2025 @ 5:50 pm By Omar Faridi  |  

Canadian fintech company Nuvei (Nasdaq: NVEI) and Mastercard (NYSE: MA) are collaborating to enable near instantaneous payout capabilities for businesses in Canada. Nuvei will leverage Mastercard Move’s money movement capabilities to facilitate “payouts to a consumer’s Debit Mastercard or Reloadable Mastercard Prepaid card.” Mastercard Move… Read More

 Tagged canada, mastercard, nuvei, payments

May 9, 2025 @ 1:09 pm By Omar Faridi  |  

Nubank (NYSE: NU) announces the launch of tap-to-pay Pix, a new feature that integrates NFC technology into the app to simplify in-person payments. The solution reportedly offers customers an “agile way to use Pix, eliminating the need to scan QR codes.” To use it, clients… Read More

 Tagged brazil, digital banking, latam, nubank, pix, security

May 9, 2025 @ 1:08 pm By Omar Faridi  |  

Chime announced that it is putting down permanent roots in New York City with a long-term lease at 122 Fifth Avenue, right in the heart of the Flatiron District—a neighborhood that’s reportedly known for its role as a hub of tech, finance, and innovation. Consumer… Read More

 Tagged chime, new york, us

May 9, 2025 @ 11:15 am By Omar Faridi  |  

LSEG announced that Post Trade Solutions has completed its GBP/USD multilateral compression run at SwapAgent, the service for the non-cleared derivatives market. Post Trade Solutions brings together Quantile, Acadia and SwapAgent “to minimise risk, reduce cost, and improve capital efficiency.” Initially launched in 2024 with… Read More

 Tagged london stock exchange group, lseg, uk, united kingdom

May 9, 2025 @ 7:53 am By Omar Faridi  |  

TransUnion (NYSE: TRU) noted that gig economy services are widely used by American consumers overall, but households with children have emerged as “power users.” According to a blog post by TransUnion, this cohort reports using gig services on a weekly basis at an overall rate… Read More

 Tagged consumer behavior, consumer spending, gig economy, Research Report

May 8, 2025 @ 5:45 pm By Omar Faridi  |  

Goldman Sachs Asset Management (GSAM), part of Goldman Sachs (NYSE: GS), announced they are now offering total portfolios of public and private investments in a single account for Registered Investment Advisors (RIAs), in partnership with GeoWealth and iCapital. Goldman Sachs Asset Management first announced its… Read More

 Tagged geowealth, goldman sachs, icapital, investments