Payments

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

UK courts uphold cap on interchange fees affecting major payment companies.Highlights: UK courts dismiss legal challenge by Mastercard, Visa, and Revolut.Decision supports the UK government's cap on card transaction...

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making.Highlights: Keye introduces an AI co-pilot for private equity due...

Cosegic Strengthens Financial Crime Expertise with Fintrail Acquisition

The acquisition enhances Cosegic's capabilities in combating financial crime.Highlights: Cosegic acquires Fintrail to enhance financial crime capabilities.The acquisition...
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Trintech snaps up Fiserv’s financial reconciliation business

Trintech, a Texas-based financial close software provider, has acquired Fiserv's financial reconciliation business, including two reconciliation solutions, Frontier Reconciliation and Accurate Reconciliation. The acquisition...

Episode Six names former HSBC exec as new chief revenue officer

Former HSBC executive Brian Muse-McKenney has been appointed as Episode Six's chief revenue officer (CRO) to expand the US payment technology provider's global presence,...

US earned wage access start-up Immediate bags fresh funding, expands credit facility

Alabama-based fintech start-up Immediate, which provides an earned wage access solution to enhance employees' financial wellness and break cycles of debt, has secured $16...

UBS to pay $388m in fines relating to Credit Suisse’s doomed dealings with Archegos

Credit Suisse and UBS Group AG will pay fines totaling $388 million due to Credit Suisse's risk management failures related to its dealings with...

NCR reveals new names for separated brands as company division accelerates

Enterprise technology provider NCR Corporation has revealed the new names for its digital commerce and ATM businesses, which will be formed as separate entities...

Wirecard fugitive Jan Marsalek resurfaces with a message for the courts

Former Wirecard COO Jan Marsalek resurfaces after three years in hiding and issues a statement to the Munich Regional Court through his lawyer amid...

Jordan’s Bank al Etihad to deploy NetGuardians’ fraud prevention tech

Jordan-based bank Bank al Etihad partners with Swiss fintech NetGuardians to implement an AI-powered payment fraud prevention solution, enhancing its fraud detection capabilities and...

PSR delivers update on progress of New Payments Architecture

The UK's Payment Systems Regulator (PSR) has outlined its plans for the New Payments Architecture (NPA) program, aiming to enhance interbank payments and consolidate...

HSBC appoints two new senior execs to its Global Payments unit

UK banking giant HSBC has hired two new senior executives, Martijn Stoker as global head of GPS, liquidity, and investment solutions, and Melissa Tuozzolo...
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