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Green fintech, Cogo, is today announcing its partnership with the UK’s greener digital bank, Tandem, has evolved to now offer customers a carbon management solution which is integrated into the bank’s app. Working together since Nov 2022 the extension to this partnership will now enable customers to easily measure, understand and reduce their carbon footprint. Emma Kisby,…
Mercury is thrilled to announce the successful acquisition of a $100 million credit warehouse from Natixis Corporate & Investment Banking, a major milestone that will drive the growth of our corporate credit card business and allow us to serve even more customers. Since launching the IO World Elite Mastercard in September 2022, the demand for…
As climate change continues to reshape the global risk landscape, AI-powered tools are playing a vital role in developing and optimising climate adaptation strategies. This is reflected in the rapid growth of the climate risk management market − projected to reach $31.2 billion by 2030 – set to be fuelled by increased adoption of AI and machine…
LendingClub Corporation (NYSE: LC), the operator of the leading U.S. digital marketplace bank, and Pagaya Technologies LTD (NASDAQ: PGY), a global AI-powered financial technology company, have announced a joint acquisition of the intellectual property of Tally Technologies, Inc. Tally, known for its innovative technology, simplified credit card management by optimizing payments, reducing interest, and improving…
Aghanim, a mobile gaming fintech founded by Harvard Business School alumni, has announced a strategic partnership with Sift, an AI-powered fraud prevention platform. This collaboration combines Sift’s AI-driven insights, drawn from over 1 trillion events and identity signals, with Aghanim’s deep expertise in gaming, offering a cutting-edge anti-fraud solution for mobile games. Aghanim, launched in…
Fabrick, an Open Finance leader, has teamed up with TerraPay, a global money movement specialist, to enhance cross-border payments across Europe, starting in Italy. This partnership offers businesses a unified platform to simplify payment processes, cut operational costs, and ensure regulatory compliance. Building on its presence in Italy, Spain, and the UK, Fabrick aims to…
Plaid has introduced its new “Pay by Bank for Bill Pay” solution, designed to enable businesses to offer customers a secure, seamless way to pay bills directly from their bank accounts. The service helps businesses reduce processing costs and minimize returns for recurring payments, according to a blog post preview shared with PYMNTS on October…
Research from Chargebacks911, the global chargeback technology leader, shows that unrecognised transactions are the leading reason for customers to dispute a transaction, causing a significant headache for merchants, draining resources and impacting their bottom line. According to data from Visa and survey data from Chargebacks911, chargebacks stemming from confusing billing descriptors are costing U.K. merchants more than…
The Derivatives Service Bureau (DSB), the global golden source of reference data for OTC derivatives, today announced that the DSB’s Technology Advisory Committee (TAC) Charter is welcoming new applicants ahead of a new two (2) year term, with an application deadline of 23rd October. Established in 2018, the TAC provides advisory support to the DSB in recognition of required…
FOURSOURCE, one of the world’s largest tech-enabled B2B apparel and textile network, has appointed Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms, to launch a customised end-to-end solution to allow payments to take place within the platform for the first time. FOURSOURCE is a network of more than 50,000 users across 120 countries,…
MeaWallet, a leading digital payments enabler specialising in card tokenization announces its partnership with B89, a pioneering TechFin (fintech fully driven by technology and data) company dedicated to creating Latin America’s first cross-border Neobank. Founded in 2019 and based in Lima, Peru, B89 is at the forefront of digital banking, offering transparent, fair, and secure financial…
Ohpen, the SaaS core banking platform for financial institutions that want to serve customers better, announces that it is extending its partnership with Cognizant to digitalise legacy mortgage processes in Europe, Australia and the United States. According to McKinsey, the residential mortgage market can represent almost 80% of retail credit and 40% of a retail bank’s total credit portfolio…
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