Banking
US fintech Clair lands $25m equity funding to power on-demand pay
New York-based fintech start-up Clair has secured $25 million in equity funding to fuel the growth of its consumer on-demand pay solution backed by...
Business
FIS confirms deal to sell majority stake in Worldpay to GTCR for $11.7bn
FIS has reached a definitive agreement with private equity firm GTCR to sell a majority stake in its Worldpay merchant business. GTCR will acquire...
Banking
DBS launches e-CNY merchant collection solution in Mainland China
Singaporean banking giant DBS has launched an e-CNY merchant collection solution in Mainland China, allowing businesses to receive payments in China's central bank digital...
Banking
Nine UK banks tap Mastercard for new AI-powered fraud risk solution
Mastercard has launched an AI-powered Consumer Fraud Risk solution in the UK, with nine banks, including Lloyds Bank, Halifax, Bank of Scotland, NatWest, Monzo,...
Banking
The Law Commission of England and Wales publishes recommendations for digital asset law reforms
The Law Commission of England and Wales has published recommendations for the reform of digital asset laws, aiming to establish a clear and consistent...
Banking
Moneycorp appoints Velizar Tarashev as new CEO
Moneycorp, a UK-based cross-border payments firm, has appointed Velizar Tarashev as its new CEO. Tarashev, who previously served as the company's CFO, will replace...
Banking
Former Goldman Sachs partner joins Clowd9 as CFO
Former Goldman Sachs partner Christian Channell has joined Clowd9 as its Chief Financial Officer (CFO). Channell's extensive experience in financial planning and operations, as...
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