The Payments Association has appointed a new CEO. According to a statement from the organization, Emma Banymandhub will step into the leadership role following her position as the association’s Chief Operating Officer. Banymandhub said that payments are more than transactions, adding she is honored to… Read More
Tagged payments, payments association, uk, united kingdom
The Bank of England has released the final report from its DLT Innovation Challenge 2025, a collaborative effort with the BIS Innovation Hub’s London Centre. Released recently this month, the document offers fresh practical insights into how distributed ledger technology could reshape wholesale payments and… Read More
Tagged bank of england, distributed ledger technoloigy, dlt, research, uk
A UK-based nonprofit social lender has partnered with NatWest Group’s Open Banking payments specialist to deliver a more adaptable approach to loan repayments. East Lancashire Moneyline, which focuses on serving people shut out of conventional credit markets, is now using Variable Recurring Payments (VRP) through… Read More
Tagged moneyline, natwest, open banking, uk, united kingdom
Pit, an AI-native workforce platform, this week announced its public launch alongside $16 million in funding led by Andreessen Horowitz (a16z). The round includes participation from Lakestar, the Pit founders, executives from OpenAI, Anthropic, Google, Deel, and Revolut, and the Stena and Lundin families. Pit… Read More
Tagged Adam Jafer, ai, Allex Rampell, Pit, workforce management
Amazon Web Services (AWS) has unveiled a new capability that allows autonomous AI agents to handle real-time financial transactions independently. Referred to as Amazon Bedrock AgentCore Payments, the preview feature integrates seamlessly with the existing AgentCore platform, enabling AI systems to purchase access to digital… Read More
Tagged amazon web services, aws, fintech, stripe
Corvera, an agentic supply chain management platform backed by Y Combinator, has raised $4.2 million (£3 million) in seed funding to accelerate its expansion and automate end-to-end operational workflows for consumer packaged goods (CPG) brands. The round was led by 6 Degrees Capital, with participation… Read More
Tagged agentic ai, Berk Güngör, Chris Kong, Corvera, funding round, matthew collins, supply chain management
Alpaca has introduced custodial accounts as a new feature for its Broker API partners, marking a significant enhancement to its brokerage infrastructure. Announced on May 11, 2026, the rollout allows fintech platforms and institutional clients to let parents and guardians in the United States open… Read More
Equilend has acquired Finadium, according to a public statement. The terms of the purchase were not immediately available. Equilend is a firm providing tech for the securities industry, like trading, workflow tools, and more. Finadium is a consulting firm that provides research on securities, including… Read More
Tagged acquisition, equilend, finadium
London Stock Exchange Group (LSEG) has taken a significant step in enhancing its financial technology offerings by making its Open Risk Analytics solution available through the Models-as-a-Service (MaaS) marketplace. Announced recently this month, this development integrates advanced quantitative risk tools from the company’s Post Trade… Read More
Tagged analytics, london stock exchange group, lseg
Gr4vy, a cloud-based payment orchestration platform, this week announced support for Pix Automático in Brazil through its integration with dLocal, a cross-border payment platform. It allows merchants to offer automated Pix billing for subscriptions, memberships, and other recurring services. Pix has helped bring more than… Read More
Tagged brazil, dlocal, gr4vy, payments, Pix Automatico
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