Payments

Klarna Smashes One Million Merchants Milestone, Expanding Global Reach

Klarna achieves significant growth with over one million merchants now using its services.Highlights: Klarna surpasses one million active merchants globally.Expansion marks significant growth in fintech industry.Company aims to enhance...

PRA Proposes New Standards to Protect Firms from Bank Runs

New measures aim to enhance financial stability amid economic uncertainties.Highlights: PRA introduces new standards to prevent bank runs.The...

TSB Warns Over Surge in Friendship Fraud Cases

Bank highlights the risks of new friendship-based scams targeting customers.Highlights: TSB reports a rise in friendship fraud targeting...

Cleafy Strengthens Bank Fraud Protection with $12 Million Funding

The fintech firm aims to enhance its security solutions for digital banking.Highlights: Cleafy raises $12 million to enhance...

HSBC Strengthens Investment in Enterprise Payments Firm Candex

HSBC's latest investment aims to enhance enterprise payment solutions.Highlights: HSBC invests in Candex to improve payment technologies.The investment...
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Broadridge to Acquire CQG to Strengthen Futures and Options Trading Capabilities

Deal enhances Broadridge's offerings in the trading sector.Highlights: Broadridge plans to buy CQG for enhanced trading capabilities.The acquisition focuses on futures and options trading.CQG's...

AI Personal Banking Assistant Cleo Relaunches in UK

Cleo's newly updated features enhance user experience and financial management.Highlights: Cleo relaunches in the UK with new features.AI assistant aims for improved user engagement.Enhanced...

UK Government Strengthens Efforts Against Deepfake Threats with Microsoft Partnership

New collaboration aims to enhance the UK's defenses against deepfake technology.Highlights: UK government teams up with Microsoft to tackle deepfake issues.Partnership focuses on enhancing...

Visa Launches Platform to Support US Small Businesses

New initiative aims to bolster the growth of small enterprises in the U.S.Highlights: Visa has unveiled a new platform to aid small businesses in...

CommBank Strengthens AI Adoption Strategy to Ease Customer Concerns

New initiatives aim to foster trust and mitigate fears surrounding AI.Highlights: CommBank launches initiatives to build customer trust in AI.New strategies focus on transparency...

Remitly Cuts 110 Jobs in Israel Amid Restructuring

The layoffs are part of Remitly’s efforts to streamline operations and reduce costs.Highlights: Remitly is cutting 110 jobs in Israel during a restructuring phase.The...

Business Identity Startup Duna Raises $30M to Expand Services

Funds will help Duna enhance its business identity solutions.Highlights: Duna secures $30M in funding for growth.Funding will enhance business identity services.Lead investor includes notable...

ANZ Implements Salesforce AI to Enhance CRM System

The Australian bank aims to modernize customer relations with advanced technology.Highlights: ANZ has integrated Salesforce AI into its CRM system.The upgrade aims to enhance...

FX Hedging Platform Bound Secures $24.5 Million Funding

Investment aims to accelerate growth of FX risk management solutions.Highlights: Bound has raised $24.5 million in its latest funding round.The investment will boost the...
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