Business

Stripe and PayPal Ventures Back India’s xFlow with New Investment

Funding aims to expand xFlow's payment solutions in the Indian market.Highlights: Stripe and PayPal Ventures invest in India's xFlow.The funding will support xFlow's expansion in payment solutions.This marks a...

Anthropic Launches Financial Services Plugins for Claude, Strengthening AI Integration

New plugins enhance Claude's capabilities for financial service providers.Highlights: Anthropic announces plugins for its AI model, Claude, aimed...

Payoneer Strengthens Its Position with US National Trust Bank Charter Application

Payoneer's move could enhance its services and market reach in the US.Highlights: Payoneer has applied for a US...

Stripe Achieves $159 Billion Valuation, Strengthening Market Position

The fintech giant secures its place in the competitive digital payments landscape.Highlights: Stripe's valuation reaches $159 billion after...

BOFE Extends CHAPS Settlement Hours for Improved Efficiency

New settlement hours aim to enhance flexibility in transactions.Highlights: Bank of England extends CHAPS settlement hours from 2024.New...
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First Federal Savings & Loan of San Rafael boosts digital transformation with Bankjoy partnership

First Federal Savings & Loan of San Rafael partners with Bankjoy, a Detroit-based fintech, to enhance its digital banking capabilities, offering a wider range...

European Commission brings in Moody’s Analytics to help fight fraud

The European Commission has awarded a €34 million framework contract to Moody's Analytics to bolster its anti-fraud and financial crime efforts using data insights...

Over $10bn deposited into Apple Card’s savings account in first four months of going live

Just over four months after its launch, Apple's Apple Card savings account offering has amassed over $10 billion in deposits, marking a significant success...

GoLogiq to acquire Vietnamese fintech Symplefy for $30m

US-based fintech GoLogiq is acquiring Vietnamese payroll and HR fintech Symplefy for $30 million in an all-stock deal. The acquisition includes issuing $15 million...

HSBC joins forces with Tradeshift to launch embedded finance business

HSBC and Tradeshift have formed a joint venture to develop embedded finance solutions and financial services apps, aiming to enhance trade, e-commerce, and marketplace...

Cambodia’s Wing Bank selects Ipification for mobile ID verification solution

Wing Bank, a pioneer in mobile financial services in Cambodia, has partnered with Ipification to implement a one-click phone verification solution, enhancing convenience and...

Nexi buys 30% stake in German PSP Computop

Founders of German payment service provider Computop, Frank Arnoldt and Ralf Gladis, sell 30% of the company's shares to Italian paytech firm Nexi Group,...

Seacoast Bank strikes deal with NCR for ATM-as-a-Service solution

Florida-headquartered Seacoast Bank has partnered with NCR Corporation to use their ATM-as-a-Service (ATMaaS) solution, allowing the bank to outsource ATM management, reduce capital expenditure,...

Stax Payments appoints Paulette Rowe as new CEO

US fintech Stax Payments appoints Paulette Rowe as CEO, a seasoned executive with a prominent background in the financial sector. FactsPaulette Rowe becomes the...
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