US Bank subsidiary Elavon lands UK banking authorisation
With the licence, Elavon intends to offer authorisation, settlement, card machines, and banking services in the UK.
PayTech
Brookfield appoints Ron Kalifa as vice chair and head of financial infrastructure
Brookfield says Kalifa’s appointment allows it to “increase our footprint” in the payments arena.
UK paytech Thredd appoints Jim McCarthy as new CEO
McCarthy joined Thredd in January this year as executive vice president – global head of product and sales.
Banking Tech Awards 2023 sponsorship opportunities
Unmissable sponsorship opportunities – digital and physical – at the upcoming Banking Tech Awards on 30 November.
Former JP Morgan exec Jeremy Balkin’s new venture TodayPay launches from stealth
TodayPay’s solution aims to help merchants provide “instant” refunds to their customers.
JP Morgan and Mastercard’s new Pay-by-Bank solution goes live in the US
Verizon has revealed it will pilot the solution with its US customers “in the coming months”.
Video: Chainlink at Sibos 2023 – The future of on-chain finance and tokenisation
We chat with Sergey Nazarov of Chainlink about how the firm is solving the blockchain interoperability problem.
Airwallex enters Latin America with MexPago acquisition
Airwallex says the deal is an important part of its broader growth strategy in the Americas.
US regional bank United Community partners Allied Payment Network for real-time payments
The South Carolina-based bank is to integrate Allied’s RTP solutions into its Q2 digital banking platform.
Paytech NMI acquires Sphere’s commercial division to boost underwriting and risk management capabilities
NMI provides payment gateway and processing solutions to businesses looking to diversify their payment methods.
Fiserv snaps up Brazilian EFT software distributor Skytef
Skytef has been distributing Fiserv’s electronic funds transfer solution SiTef since 2002.
American Express to pilot biometrics for online transactions
The biometrics have been developed by the FIDO Alliance and the World Wide Web Consortium.
Banking Technology Magazine October 2023 issue out now
Cover story: NOTHING VENTURED – Tips for raising capital.
AP automation start-up Stampli raises $61m in Blackstone-led Series D
Existing investors Insight Partners, SignalFire, Bloomberg Beta and NextWorld Capital also participated in the round.
Become a sponsor for the Banking Tech Awards 2023
Working with us as a sponsor ensures your brand is seen by the best and brightest decision-makers in the industry.
US fintech PayZen launches new product to boost healthcare affordability
With the Care Card, patients can access PayZen’s post-service payment plans through a physical and virtual debit card.
Aeropay teams up with UBank for in-game payments innovation
The partnership seeks to solve the “intricate payment challenges” at play within the current gaming ecosystem.
AI: Will it help or hinder compliance?
AI can’t replicate human nuance nor can it fully comprehend the human motivations for committing fraud.
Stitch raises $25m in Ribbit Capital-led Series A extension
PayPal Ventures, CRE Venture Capital and The Raba Partnership also participated.
Finalists announced for Banking Tech Awards 2023
Take a look at the 2023 Banking Tech Awards finalists!
Tap Global sets up US expansion through Zero Hash partnership
The UK-based cryptocurrency app intends to complete its US expansion by Q4 2023.
PayTech Awards USA 2023 winners announced
Celebrating exceptional achievements and talent in the US payments industry.
Report: Business resilience and continuity in financial services
How to establish a rapid and robust response to risks with access to the right tools.
Bahrain’s Bank ABC taps JP Morgan for blockchain-based cross-border payment service
The launch arrives in tandem with the bank’s documentary trade suite, ABC Trade.
Mercedes-Benz drives in-car fuel payments through new Mastercard partnership
Drivers will be able to complete refuelling payments via an in-car fingerprint scanner.
Sibos dreams of a T+1 settlement utopia on eventful day three
Panels at this year’s Sibos have discussed the benefits of T+1 settlements across all global capital markets.
Sibos 2023: Visa and Swift collaborate to streamline cross-border payments
Through the partnership, both firms aim to provide their customers with “more choice” when sending money globally.
Sibos 2023: Revolut Business launches new payment solution RevTags
RevTags, already available to Revolut’s retail customers, is now being rolled out to its business customers globally.
Sibos highlights ISO 20022 as key enabler of financial innovation
Experts at Sibos evaluated how enriched data is enabling innovation in AI and the rise of predictive analytics.
Chase Payment Solutions enlists Gusto Embedded for payroll services
Gusto says its solution allows Chase’s payroll processing to become “significantly simplified”.
Sibos 2023: Cross-border payments dominate day one of Sibos with Swift-Wise partnership announced
The new partnership comes amid a host of Swift-led panels at Sibos focused on payment innovations.
Sibos 2023: Canada’s Scotiabank taps CGI to advance payments solutions
CGI says its All Payments solution is “a tech stack based on the ISO 20022 standard” used by financial services firms globally.
Sibos 2023: The era of instant payments – global banks must turn to the latest technology
Innovative technologies are bringing the future of payments forward for banks.
Daily News at Sibos 2023
Download your free copy of the Daily News at Sibos publication today!
BMO seeks to modernise payment flows through Modern Treasury partnership
BMO is looking to improve high-volume payment flow management for its commercial banking clients.
ICYMI fintech funding round-up: Fipto, Form3, Immix, Emata & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Recharge taps gaming payments with Startselect acquisition
Recharge plans to close two to three more acquisition deals in the next 12 months.
Commencement Bank integrates Allied Payment Network digital payments into CSI core
The Washington-based community bank converted to the CSI core banking system earlier this year.
Visa expands stablecoin settlement pilots in push to modernise cross-border payments
Visa will utilise the Solana blockchain in a bid to speed up settlement times for merchants.
The story behind Opus’ transformation and what this means for the payments industry
Opus Technologies CEO Praveen TM discusses the firm’s rebranding and how it will shape the future of payments.
