UK’s PSR proposes cross-border interchange fee cap
The UK's Payment Systems Regulator (PSR) proposes a new cap on cross-border interchange fees.
Visa and Mastercard, responsible for 90% of online transactions...
French fintech Unlimitd boosts financing capacity to €100m as ACP takes majority stake
Majority Stake Acquisition: Absolute Capital Partners (ACP) acquires a majority stake in Paris-based fintech Unlimited.
Financing Boost: ACP provides Unlimitd with a new financing...
Søren Westh Lonning joins B2B spend management platform Pleo as CFO
Pleo appoints Søren Westh Lonning as new CFO.
Lonning, previously an advisor, joins during a period of high growth.
Despite a workforce cut...
Saudi BNPL fintech Tamara lands $340m Series C funding at $1bn valuation
Tamara, a Saudi fintech platform, secures $340 million in a Series C funding round.
The funding round, co-led by Sanabil Investments and SNB...
Central Bank of Colombia partners ACI Worldwide for real-time payments system
Partnership Announcement: The Central Bank of Colombia, Banco de la República, collaborates with global payments software firm ACI Worldwide.
Technology Selection: ACI's Enterprise Payments Platform...
First Bank taps Backbase for engagement banking platform
First Bank Partnership with BackbaseFirst Bank, based in St. Louis, US, has implemented the Backbase Engagement Banking platform for a seamless, digital-first...
Mexican SME payments platform Kapital raises $40m Series B
Kapital raises $40 million in Series B equity financing and secures a $125 million debt facility.
Led by Tribe Capital, the funding round...
InvesTex Credit Union selects Bankjoy for digital banking upgrade
Partnership Announcement:US-based InvesTex Credit Union has partnered with digital banking solutions provider Bankjoy.Enhanced Digital Banking:InvesTex Credit Union members will now...
Credit Union of Texas taps Alkami for business banking platform
Partnership Announcement: Credit Union of Texas (CUTX) collaborates with Alkami, a US-based cloud-based digital banking solutions provider.
Business Banking Platform: CUTX adopts Alkami's "market-tested" business...
