December 24, 2024 @ 5:37 pm By Omar Faridi  |  

The European Central Bank welcomes the Bulgarian market to the TARGET Instant Payment Settlement (TIPS) service following its successful migration in December 2024. The Bulgarian National Bank and the BISERA payment system, which is operated by BORICA AD, are now part of TIPS, together with… Read More

 Tagged bulgaria, ecb, european central bank, target instant payment settlement, tips

December 24, 2024 @ 5:36 pm By Omar Faridi  |  

WooCommerce, which claims to be the flexible, open-source ecommerce solution built on WordPress, today announced that it has selected Affirm (NASDAQ: AFRM) as a pay-over-time provider. This builds on the firms’ existing partnership and will make Affirm a default payment option for merchants using WooPayments…. Read More

 Tagged affirm, bnpl, e-commerce, pay over time, woocommerce

December 24, 2024 @ 5:34 pm By Michael Wong  |  

German fintech company Cleversoft has entered discussions to acquire Istanbul-based Fineksus, a move aimed at expanding its global service network. The Munich-headquartered firm specializes in financial asset management platforms and systems for fraud prevention. Founded in 2004 by Florian Clever, Cleversoft has grown into a… Read More

 Tagged Cleversoft, Fineksus, germany, turkey

December 24, 2024 @ 9:00 am By Tony Zerucha  |  

As he looks ahead to 2025, DECTA CEO Scott Dawson sees SMEs, Donald Trump, an AI backlash, Open Banking, and PSD3 making headlines. The ‘real’ year of the SME Dawson said markets were assured that 2024 was going be the Year of the SME, but… Read More

 Tagged ai, decta, donald trump, open banking, PSD3, scott dawson

December 24, 2024 @ 6:33 am By Omar Faridi  |  

A collaboration between the Crypto Carbon Ratings Institute (CCRI), a leader in sustainability data on digital assets, and Broadridge Financial Solutions, Inc. (NYSE: BR) a global Fintech, will deliver an integrated communications, data, and disclosure generation platform to help firms operating in Europe, including exchanges,… Read More

 Tagged broadridge, ccri, crypto carbon ratings institute, sustainability

December 24, 2024 @ 5:21 am By Omar Faridi  |  

Nordic fintech Two collaborates with Dutch banking platform ABN AMRO to enhance B2B e-commerce payments. Two, a European enabler of B2B payments technology today announces a strategic collaboration with ABN AMRO (abnamro.com), a leading financial institution in the Netherlands. Together, they are reportedly launching a… Read More

 Tagged abn amro, e-commerce, fintech adoption, nordics, payments, two

December 23, 2024 @ 8:22 pm By Omar Faridi  |  

E-commerce enablement investments increased QoQ, producing $2.7 billion across 96 deals, deltas of 51.4% and -7.7%, respectively. This, according to an update from PitchBook. PitchBook noted in its research report that deal value was “propped up by one outlier deal: Clio’s $900 million Series F… Read More

 Tagged digital commerce, e-commerce, investments, Research Report

December 23, 2024 @ 6:17 pm By Omar Faridi  |  

Visa (NYSE: V) announced it has completed its acquisition of Featurespace, a developer of real-time artificial intelligence (AI) payments protection tech that prevents and mitigates payments fraud and financial crime risks. This will bolster Visa’s fraud protection capabilities and enhance security. Visa will now reportedly… Read More

 Tagged acquisition, ai, featurespace, fraud prevention, visa

December 23, 2024 @ 5:19 pm By Omar Faridi  |  

MessagePay announced its integration into AKUVO’s Virtual Collector, a key component of the company’s collections platform. AKUVO’s Virtual Collector is designed to empower borrowers to manage their delinquent accounts in a self-service manner, “reducing the need for direct interaction with collection agents.” The integration of… Read More

 Tagged Akuvo, integration, messagepay, Payments Technology

December 23, 2024 @ 12:50 pm By Omar Faridi  |  

Lunar has recently rolled out a major app update, which is described as a game-changer in hyper-personalized banking. Lunar claims that it takes digital banking to the next level with the launch of the app update, 5.0, marking a key moment in the platform’s evolution…. Read More

 Tagged challenger bank, europe, lunar, nordic region