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Reap, the stablecoin-native global payments and financial platform infrastructure for businesses, today announced a strategic partnership with TerraPay, a global money movement company, to expand local cross-border payouts through direct access to domestic clearing systems worldwide. In a market where traditional cross-border payments can take a few business days to settle and cost 1–1.5% or more…
More than a third (35%) of small business invoices were paid late over the last 12 months, according to new data from ANNA Money, the AI-powered business account that does taxes automatically. As the King’s Speech puts late payments back on the political agenda, it shows both the scale of the UK late-payments crisis on…
Temenos (SIX: TEMN), a global leader in banking technology, today announced Questrade Financial Group (QFG) has gone-live with Temenos Core Banking SaaS. The platform is set to power the introduction of the firm’s banking products to the Canadian market under its new regulated banking entity, Questbank. Temenos’ cloud-native platform provides scalability and resilience for Questbank…
Singapore Gulf Bank (SGB), a fully licensed bank backed by Whampoa Group and Mumtalakat, today announced a strategic banking relationship with Standard Chartered. The collaboration improves SGB’s multi-currency services and payment rails in emerging markets as well as aims to streamline payment flows and reduce friction in cross-border transactions. This further supports SGB’s digital asset…
For years, the evolution of digital commerce has been defined by incremental improvements. Search engines became smarter, recommendation systems more personalized, and checkout processes faster and smoother. Yet the basic pattern has remained unchanged: the consumer searches, evaluates options, and ultimately decides what to buy. That pattern is now beginning to change. A new concept,…
The integration enables Akurateco clients to route transactions through AllPay’s peer-to-peer e-wallet infrastructure across Canada Akurateco, a white-label payment software vendor for acquiring banks, PSPs, and enterprise merchants, today announced the addition of AllPay to its connector library. The integration makes AllPay — a Canadian digital wallet provider enabling users to send, receive, and store…
ANNA Money, the AI-powered business account that does taxes automatically, has today unveiled a suite of product updates, headlined by the launch of its new business savings bank account, as it continues its mission to simplify financial admin for UK SMEs navigating growing tax complexity and operational pressures. The announcements reflect ANNA’s ongoing focus on…
Temenos (SIX: TEMN), a global leader in banking technology, today announced that Reliance Bank, a specialist UK retail and business bank owned by The Salvation Army, has selected Temenos SaaS to power its digital transformation. Reliance Bank will replace its existing legacy systems with a full suite of services, including core banking, digital and payments, on Temenos SaaS. This will help the bank to improve operational efficiency and enhance customer experience on a secure, scalable…
Tide, the UK’s leading business management platform, today announced the launch of its new Dividends boost, making it the first connected bank account in the UK to offer both payroll and dividends within the same platform. This new feature is specifically designed to support the significant portion of the UK’s entrepreneurial landscape that operates as…
TerraPay (terrapay.com), a global payments infrastructure company, and Cooperative Bank of Oromia (coopbankoromia.com.et) today announced the launch of blockchain-based settlement for inward remittances to Ethiopia. The initiative supports euro-denominated remittance flows from Europe, combining TerraPay’s cross-border payments network, COOP Bank’s nationwide banking reach, and regulated digital euro settlement infrastructure provided by Quantoz Payments (quantoz.com), strengthening…
Commerce (Nasdaq: CMRC), a data-centric provider of an open, AI-driven commerce ecosystem and the parent company of BigCommerce, today announced that BigCommerce Payments by PayPal is now available to U.S. merchants. The embedded payments solution brings payments, balances and payouts together in one place, helping merchants operate more efficiently and scale more seamlessly. Built in partnership with PayPal,…
Tandem Bank, the Blackpool headquartered challenger bank, today announced that Nigel Brookes, Director of Second Charge Sales and Distribution, has taken planned early retirement after more than a decade with the business, a period that saw the bank establish itself as a leading player in the specialist second charge mortgage market. Stepping into her new…
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