May 29, 2024 @ 2:07 pm By Omar Faridi  |  

Treasury Prime, an embedded banking software company, announced its strategic partnership with Footprint, a unified onboarding platform for identity, fraud and security. The addition of Footprint to Treasury Prime’s Partner Marketplace will “provide banks and their fintech clients access to Footprint’s Know Your Customer (KYC)… Read More

 Tagged banking, embedded banking, footprint, fraud, security, treasury prime

May 29, 2024 @ 11:18 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced new leadership appointments that will drive the creation of a new advertising platform and strengthen the company’s consumer value proposition. Mark Grether will reportedly join “on May 28 as SVP, General Manager, PayPal Ads, and John Anderson has joined… Read More

 Tagged paypal, paypal holdings

May 29, 2024 @ 8:20 am By Omar Faridi  |  

The British Business Bank has agreed an £100m increase to its existing ENABLE Guarantee transaction with leading fintech Oxbury Bank – a UK bank with a singular focus on farmers, food production and the rural economy. The original £100m transaction, announced in November 2023, and… Read More

 Tagged british business bank, uk, united kingdom

May 28, 2024 @ 10:42 pm By Tony Zerucha  |  

Onbe, a corporate payouts platform, recently published its Spring 2024 Title, Escrow and Mortgage Payments Survey. It suggests that home buyers overwhelmingly prefer digital payouts; 92% of respondents stated receiving a digital refund would be more convenient compared to waiting for a check in the… Read More

 Tagged digital payments, Melissa Hentschel, onbe, refunds

May 28, 2024 @ 7:29 pm By JD Alois  |  

Intelligent Money Ltd., a SIPP provider, has entered administration. The UK Financial Conduct Authority (FCA) posted today that the authorized firm entered administration after the Financial Ombudsman Service upheld the final decision pertaining to the platform’s operations. Simultaneously, the company revealed that Quai Administration Services… Read More

 Tagged enforcement, fca, intelligent money, sipp, uk, united kingdom

May 28, 2024 @ 3:18 pm By Omar Faridi  |  

WealthKernel, a provider of digital investing infrastructure, announced the appointment of James Dingwall as its new Strategic Regulatory Adviser. With a specialized focus on the Appointed Representative framework, Dingwall is expected to be  “a key role in helping WealthKernel navigate the complex regulatory landscape.” Dingwall… Read More

 Tagged digital investing, infrastructure, new appointments, wealthkernel

May 28, 2024 @ 10:54 am By JD Alois  |  

Swiipr, a “travel Paytech” firm, has announced raising £6 million in a Series A funding round led by Octopus Ventures. TX Ventures and Solano Partners also participated in the funding round. Swiipr aims to provide a service for airlines and their disruption payments systems. The… Read More

 Tagged octopus ventures, paytech, swiipr, travel, uk, united kingdom

May 28, 2024 @ 8:25 am By Omar Faridi  |  

B2C2, a global firm focused on institutional liquidity for digital assets, announces it has partnered with Swissquote, the online banking and financial services provider. Developed by Swissquote, Swissquote Exchange (SQX) is “a central limit order book (CLOB) providing deep liquidity as well as a healthy… Read More

 Tagged b2c2, digital assets, europe, switzerland

May 28, 2024 @ 8:22 am By Omar Faridi  |  

Velotix, a provider of an AI-driven Data Security Platform (DSP), announces a significant investment from Barclays Bank and Capri Ventures. This investment solidifies Velotix’s position as the choice for financial institutions seeking advanced data security solutions. It underscores Velotix’s innovative “approach to securing structured and… Read More

 Tagged barclays bank, capri ventures, security, velotix

May 28, 2024 @ 8:18 am By Omar Faridi  |  

ESTO Holdings OU, an Estonian payment processor and consumer credit provider, today announced an extension of its partnership with Multitude Bank p.l.c., increasing the debt facility to a total of €20 million. This significant boost will aim to accelerate ESTO’s consistent “growth trajectory to empower… Read More

 Tagged esto holdings, estonia, funding round, payments