Reporting, interviews and analysis on AI, fintech, startups, venture and the operators building what comes next.
12 articles shown
Galileo Financial Technologies, a subsidiary of SoFi Technologies, introduced the Galileo 3D Secure (3DS) Access Control Server (ACS). This enhancement aims to protect against card-not-present (CNP) debit and credit card fraud, which is projected to reach $28.1 billion globally by 2026, a 40% increase from 2023. The adoption of 3DS in the U.S. is growing…
TerraPay, a global money movement company, today announces that financial institutions can send money directly to more than 2.1 billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses and consumers. Payments initiated by financial institutions over Swift will reach TerraPay’s system with speed and efficiency, and…
Zafin, the leading provider of SaaS core modernization and transformation solutions for banks announces that Rabobank a multi-national banking and financial services company, headquartered in the Netherlands with more than 9.1 million customers has selected the Zafin platform to optimize its pricing, billing and invoicing capabilities to better serve its retail and corporate clients. In support of…
Billie, the new standard for B2B payments and leading provider of Buy Now, Pay Later (BNPL) payment solutions for business customers is now available via Stripe. Throughout the summer, a select number of online shops and marketplaces selling to business customers in Germany, France, and the Netherlands will be able to test the new solution. Later on…
Genstar Capital (“Genstar”) and TA Associates (“TA”) announced today that the parties have entered into an agreement for Genstar to make a significant investment in AffiniPay, a leading provider of practice management software, integrated payments and embedded fintech for professionals across the legal, accounting, and professional services end markets. TA has been an investor in AffiniPay…
Santander-backed Ebury has appointed Goldman Sachs to lead its forthcoming £2 billion IPO in London. Rumors of an IPO for the UK cross-border payments platform have been swirling since March. First reported by the FT, the appointment of Goldman Sachs solidifies the prospect of a Q1 2025 float for the firm. Founded in 2009, Ebury…
CGI (TSX: GIB.A) (NYSE: GIB), a leading independent IT and business consulting services firm, and Bladex (NYSE: BLX), Banco Latinoamericano de Comercio Exterior, have announced a partnership to implement the CGI Trade360® trade technology platform. Bladex will be the first bank headquartered in Latin America to adopt the CGI Trade360® platform, an award-winning SaaS solution…
Global open banking leader Ozone API has launched a guide to the OBL’s updated UK open banking standards, aimed to support CMA9 banks, non-CMA-9 stakeholders and third-party providers (TPPs) through the transition. The changes, termed OBL version 4.0 (OBLv4), were announced by the OBL in early July. OBLv4 includes mandatory changes for the UK’s CMA9,…
Bud Financial (Bud) is thrilled to announce the expansion of its AI platform for personalised banking into Europe, having secured an account information service (AIS) licence through the Bank of Lithuania. This strategic move capitalises on the advantages of ‘passporting’, allowing Bud to operate regulated services throughout Europe, with a regional office and hub in Lithuania….
Alphabet Inc. (NASDAQ: GOOGL), the parent company of Google, is in advanced discussions to acquire the cybersecurity startup Wiz for approximately $23 billion, according to a source familiar with the matter. This acquisition would mark Alphabet’s largest acquisition to date. The deal, which is expected to be primarily funded in cash, could be finalized soon….
Stripe, a leading financial infrastructure platform for businesses, today announced a suite of new products tailored for the Japanese market. This expansion comes in response to a significant local growth, with a 55% increase in payment volume in Japan in 2023. The new offerings aim to empower Japanese companies and enterprises selling to Japan, enhancing…
Trustly has been listed by CNBC as one of the World’s Top 250 Fintech Companies for 2024, highlighting the growing recognition of Trustly’s strong performance in recent years. CNBC worked with market research firm Statista to list the leading 250 fintechs globally as part of CNBC’s World’s Top Fintech Companies 2024 report. This is the second time…
03 / The briefing
The dispatches worth your time, every week. No noise, unsubscribe anytime.
