Fintech Press Releases

Latest press releases and industry updates in the financial services sector.

Verifi & MegaCharge Forge Strategic Partnership to Combat Global Chargeback Challenges

Verifi from Verifi
17 Jun 0007
Immediate Efficiency Improvement and Reduction In Chargebacks Realised London – June 7, 2017 – Verifi a leading provider of payment and risk management solutions for card-not-present (CNP) merchants, today announced that payments processor, MegaCharge has partnered with Verifi to combat fraud...

Tipalti Adds Major Innovations to Future-Proof Accounts Payable

Milton Deya from Cutler PR
07 Jun 2017
San Mateo, CA —June 6, 2017 — Tipalti, the leader in supplier payments automation, today unveiled a series of new capabilities enabling forward-thinking CFOs to transform their finance organization from an operational function to a strategic enabler of global growth, while transitioning AP from a...

The ai Corporation acquires SmartCentric to create a global cloud based omni-channel (B2C and B2B) payment processing, risk management and data analytics platform

Sam Duke from The ai Corporation
31 Oct 2017
• The ai Corporation offers a unique managed service offering covering technology, outsourced fraud management and detailed data analytics. • ai now covers over 15 million B2B active cards over 45 countries, in over 200,000 sites and 90+ product types. The ai Corporation (ai) has acquired ...

After Kalypton Gains $2.6m Investment, U.S. Federal Reserve Awards Top Vendor Status

Trudy Darwin from Trudy Darwin Consulting
21 Nov 2017
Financial services and global real-time payments and settlements company Kalypton has profited from a £2m ($2.6m) investment by reaching the pinnacle of the U.S. Federal Reserve’s Faster Payments Taskforce top vendors list. This investment has been received from a variety of private investors – e...

Launching Manigo – The digital money platform of the future

Aleksandra Simovic from Manigo
22 Nov 2017
November 22nd, 2017, LONDON – Manigo is the world’s first digital money platform for consumers, businesses and merchants. Connecting the whole payments value chain, it will provide a seamless 360° digital finance customer experience and new plug-and-play business models for its partners. Unlik...

The ai Corporation combines Machine Learning, Exploratory Data Analysis and Impact Analysis to beat fraud, in industry first

Nick Jones from The ai Corporation
29 Nov 2017
- ai’s enhanced self-service fraud detection solution will enable organisations to realise an automated, machine learning based, fraud detection strategy. The ai Corporation (ai), an FCA approved expert in payment and risk management, today announced the addition of exploratory data analysis (...

The ai Corporation moves to Microsoft Azure to tackle global fraud

Nick Jones from The ai Corporation
12 Dec 2017
- ai launches public cloud services to meet global demand, following successful global expansion The ai Corporation (ai), an FCA approved expert in payments and risk management, today announced that it will be launching a public cloud-based service to meet global demand for its unique fraud a...

The ai Corporation’s aiGateway achieves PCI compliance

Nick Jones from The ai Corporation
20 Feb 2018
- Payment, fraud and risk management services provider’s technology granted the latest, most secure version of the global Payment Card Industry’s data security standard The ai Corporation (ai), an FCA approved expert in payments, risk management and analytics, today announced that its white l...

Peer-2-peer payments between individuals via Facebook Messenger or WhatsApp made possible in Belgium by Pengo!

Jonathan from Belfius Bank & Insurance
02 Feb 2017
On 2 February 2018, Belfius is launching a first on the Belgian market, payment requests between individuals via the messaging platforms Facebook Messenger and WhatsApp. This entirely new service has been developed by The Studio, a Belfius subsidiary dedicated to digital innovation. Pengo is avai...

The ai Corporation welcomes new executives as business grows by 50%

Nick Jones from The ai Corporation
06 Feb 2018
The ai Corporation expand further with the appointment of Payment Experts Robin Whitehead, David Gilhespy and Natasha Westover to senior management team - ai welcomes new executives as business grows by 50%, providing end to end payment, fraud and risk management solutions to more than ...

The ai Corporation welcomes new executives as business grows by 50%

Nick Jones from The ai Corporation
06 Feb 2018
The ai Corporation expand further with the appointment of Payment Experts Robin Whitehead, David Gilhespy and Natasha Westover to senior management team - ai welcomes new executives as business grows by 50%, providing end to end payment, fraud and risk management solutions to more than ...

The ai Corporation launches EazyFuel – a next gen fuel card solution

Nick Jones from The ai Corporation
08 Mar 2018
- Utilising ai’s artificial intelligence and machine-learning expertise to revolutionise fuel payments The ai Corporation (ai), an FCA approved expert in payments, fraud and risk management, today announced the launch of its next generation fuel card solution, EazyFuel. ai’s EazyFu...

Content Marketing Manager

Nell Gable from PaySimple
05 Apr 2018
PaySimple Announces Latest Payment Integration with Profit Rhino’s Mobile Flat Rate Selling Application for Home Service Companies PaySimple AppConnect™ seamlessly integrates with the Profit Rhino platform and mobile app to bring secure payment acceptance capabilities to service techs in the...

Deep Dive into Electronic Payments - Acquiring Focus

Alice from PayKademy
10 May 2018
PayKademy Partners with BayPay Forum and GV Group to Launch New Online, in-person, Onsite and Custom Courses on Electronic Payments Deep Dive into Electronic Payments - Acquiring Focus training workshop will be available starting May 24, 2018 in San Francisco and Online SAN FRANCISCO, Cal...

The ai Corporation teams up with the University of Southampton to tackle fraud with machine learning

Nick Jones from The ai Corporation
05 Jun 2018
- ai’s Knowledge Transfer Partnership with the University of Southampton’s Computer Science and Mathematics Departments funded by Innovate UK grant The ai Corporation (ai), an FCA approved expert in payments, fraud and risk management, and the University of Southampton (UoS), today announced ...

Coinify Selects Cybertonica to Deploy Industry-Leading Fraud Prevention and AML Technology Services

Melike Belli from Cybertonica Ltd
08 Jun 2018
(London and Copenhagen, 08.06.2018) Coinify, an established global virtual currency platform, has signed a long-term agreement with Cybertonica, a fast-growth AI technology offering cross-channel real-time risk and fraud solutions, to implement a new industry standard for fraud management systems...

Galway Based Fintec Company Launches AI Blockchain World First:

John Murphy from Bitcub
15 Jun 2018
Following on from Monday’s announcement by the IDA that it wants to position the State as a leading centre for blockchain, GIRT mobile has launched a new project which harnesses the best blockchain technology using artificial intelligence (AI). The BITCUB platform looks at specific customer requi...

The ai Corporation Announces $2.5 Million in Growth Capital from Shareholders

Nick Jones from The ai Corporation
11 Jul 2018
The ai Corporation Announces $2.5 Million in Growth Capital from Shareholders LONDON, July 11, 2018: The ai Corporation (ai), an FCA approved expert in payments, fraud and risk management, today disclosed that it has secured a $2.5 million investment from its principal existing shareholders, ...

The ai Corporation re-approved for e-money licence by the Financial Conduct Authority (FCA)

Nick Jones from The ai Corporation
25 Jul 2018
- ai’s suite of payment and state of the art machine learning risk management solutions granted e-money licence - The Royal Bank of Scotland (RBS) also re-approve ai for Money Services Business (MSB) status Payment, fraud and risk management experts, The ai Corporation (ai) and its suite of p...

Registration is live for the ultimate fintech festival, held in London this October 2018

Anna Jackson from FinTECHTalents
09 Aug 2018
Event: FinTECHTalents Dates: 30th & 31st October 2018 Venue: Here East, London – in the Queen Elizabeth Olympic Park Sponsors: include Finastra, Pluralsight, TSB, Travelex, Capita, and Rand Merchant Bank FinTECHTalents is the ultimate fintech festival offering two days of innovation, col...

An interview with ECOMMPAY - the payment provider who are staying ahead of the curve...

Rachel King from KAE
06 Sep 2018
KAE recently interviewed Paul Marcantonio, Head of UK and Western Europe at ECOMMPAY, a dynamic payment solution provider. ECOMMPAY have established a reputation for delivering versatile, reliable services in the payments ecosystem, through prioritisation of user experience via streamlined, cu...

An interview with ECOMMPAY - the payment provider who are staying ahead of the curve...

Rachel King from KAE
06 Sep 2018
KAE recently interviewed Paul Marcantonio, Head of UK and Western Europe at ECOMMPAY, a dynamic payment solution provider. ECOMMPAY have established a reputation for delivering versatile, reliable services in the payments ecosystem, through prioritisation of user experience via streamlined, cu...

Swedish bitcoin brokerage Safello launches its API/Widget solution to help companies monetize their crypto audiences.

Alexander Meads from Safello
20 Sep 2018
Stockholm-based bitcoin brokerage Safello is broadening its product offering with a new solution dedicated to businesses. With its new brokerage-as-a-service model the long-established Bitcoin brokerage is making a concerted effort to support companies who want to offer cryptocurrency buying func...

ONPEX and Supercapital partner to deliver seamless and secure international payments

Gemma Trevers from SkyParlour
24 Sep 2018
ONPEX, a leading provider for multi-currency IBAN accounts, has partnered with international UK-based wholesale fintech, Supercapital, in an alliance set to make international payments seamless and secure. Supercapital provides money transfers to bank accounts across 200 countries and in 25 d...

Braintri and iCompass Merge to Offer Banking and Payment Solutions Globally

Iwona Drabot from Braintri
19 Nov 2018
Warsaw, Poland, November 19, 2018. Braintri and iCompass, two leading Polish fintechs servicing the world's largest banks and payment institutions, have begun to merge and prepare a joint offer for the global financial sector. The merger will enable the two to further expand their products and re...

The ai Corporation expands Australian footprint with MYOB partnership

Nick Jones from The ai Corporation
11 Dec 2018
- The ai Corporation (ai) and MYOB Australia launch payments gateway for 1.2m business owners across Australia and New Zealand. - Omni channel payments protected by state of the art, self-service fraud and analytic solutions, supporting multiple risk models - MYOB becomes ai’s channel partner ...

Danish Fintech comet lands new strategic investor to build the infrastructure of the future

Rune Krogh Kallehauge from Spiir A/S
17 Dec 2018
The Danish Fintech, Nordic API Gateway, that is also behind the PFM-app Spiir, is today announcing a new €5.2 million investment from two of the leading banks in Scandinavia, DNB and Danske Bank. It is a strategic investment and the three parties will build the leading PSD2 infrastructure in the ...

Braintri expands in insurtech with new project for Benefia from Vienna Insurance Group

Iwona Drabot from Braintri
08 Jan 2019
Warsaw, Poland, January 8, 2019. Braintri, a European leader in fintech innovations, today announced a new deal with Benefia part of Vienna Insurance Group. The insurance subscription platform developed by Braintri is being launched in several sales channels of Benefia, including mobile. The plat...

Bank Leumi (UK) selects Volante Technologies’ VolPay Open Banking PSD2 solution

Volante Technologies from Volante Technologies
15 Jan 2019
Benefiting from Volante’s one-stop-shop for PSD2 compliance and Open Banking NEW YORK, LONDON, DUBAI, MEXICO CITY, 15 January 2019 – Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing and financial message integration, today announced that B...

Platio’s multi-asset platform refuses from token sale and focuses on product delivery.

Anna Makovnikova from Platio
25 Nov 2019
Fintech innovator Platio has announced today that key features of the platform will be launched much faster than it was initially planned. Platio’s multi-asset platform will provide banking and investment services to individuals and businesses in fiat, stocks and digital assets. Powered by Gr...

TagNitecrest Sets Sights On High Street Banks

TagNitecrest from TagNitecrest
08 Feb 2019
TagNitecrest, known today as the “go to” card manufacturers in the challenger banking space, are thrilled to announce that the final stage of their new state-of-the-art banking card and software services building restructure is complete. Part of the Nitecrest Group, TagNitecrest have made major a...

Digital Debit Group Releases Retail-Grade QR App Powered by PayPal Now Available on iOS

Edward Robles from Digital Debit Group
18 Feb 2019
Downingtown, PA and San Juan, Puerto Rico - Ready to use upon download, without card swipers or terminal hardware, the Digital Debit® app make its way to a ready marketplace. Newly-released in the Apple App Store, merchants and freelancers can now accept in-person payments for services rendered ...

Braintri co-developed IKO mobile app voted world’s best twice

Iwona Drabot from Braintri
19 Feb 2019
Warsaw, Poland, February 19, 2019. For the second year in a row, IKO, the mobile app of the CEE financial industry giant PKO Bank Polski, took top spot in a global industry ranking of mobile apps of 100 worldwide banks. The ranking was published by the British Retail Banker International magazine...

Tailored Payment Scenarios for Businesses Across High-risk Industries

Alexandra Ghidoarca-Novac from NeoPay
22 Feb 2019
Cyprus, 22 February 2018: NeoPay is a new payments venture aiming at becoming a major FinTech player and setting up a new standard in digital banking. NeoPay’s model assumes that each customer or business is unique and a personalised banking experience is the answer to the one-size-fits-all digit...

Tailored Payment Scenarios for Businesses Across High-risk Industries

Alexandra Ghidoarca-Novac from NeoPay
22 Feb 2019
Cyprus, 22 February 2018: NeoPay is a new payments venture aiming at becoming a major FinTech player and setting up a new standard in digital banking. NeoPay’s model assumes that each customer or business is unique and a personalised banking experience is the answer to the one-size-fits-all digit...

Moorwand unveils strategic partnership with ClearBank®

Sarah Michelle Broughton from Blue Train Marketing Limited
05 Mar 2019
Moorwand, the international payments company and BIN sponsor, partners with ClearBank® for real-time payment services LONDON, Tuesday 5th March 2019 Moorwand, an international payments company offering issuing and acquiring solutions, has selected ClearBank® as its strategic agency banker...

ALTR awarded PCI certification

ALTR from ALTR
04 Apr 2019
ALTR has announced that its blockchain-based data-security platform has received the highest industry rating attainable for payment data security with Payment Card Industry (PCI) certification. The enterprise data-security platform becomes first and only blockchain-based technology of its kind to...

Mastercard’s new Pay by Bank app capability added to aiGateway™

The ai Corporation from The ai Corporation
16 Apr 2019
- aiGateway, The ai Corporation’s omni channel payment gateway, is now used by over 40,000 merchants across the Globe - Omni channel payments are protected by ai’s state of the art, self-service fraud and analytic solutions, supporting multiple risk models The ai Corporation (ai), an FCA appr...

Lineup revealed for FinTech North Leeds 2019

Lorna Kellett from Galibier PR
19 May 0010
The full agenda has been announced for FinTech North Leeds, with the Financial Conduct Authority, Bank of England, Tech Nation, FinTech Scotland, Mastercard, BJSS and First Direct just some of the organisations featured on the line up, following a sell-out event in Manchester last month. The s...

areeba partners with Wallet Factory to acquire a mobile payment service in the Middle East

Elena from Wallet Factory
16 May 2019
areeba, a leading Lebanese financial technology company that provides payment solutions for banks, governments and merchants in the Middle East, has signed an agreement with Wallet Factory for the supply of Mobile Wallet platform. Wallet Factory will provide areeba with technology to enable mobil...

Pleo speeds up innovation with smooth access to bank data with Nordic API Gateway

Rune Krogh Kallehauge from Nordic API Gateway
26 Sep 2019
Copenhagen, 26th of September 2019: Nordic API Gateway is setting new standards for the accounting industry across the Nordics. Today, the open banking platform announces its partnership with Pleo, a collaboration that will accelerate access to transaction data and give Pleo the ability to build ...

Form3 announces the creation of its International Payments business

Laura Francis from Form3
23 Sep 2019
Form3, the leading cloud-native API payments platform company today announced the creation of its International Payments Business, a new initiative by Form3 to give consumers and SMEs access to low cost payment services, utilising its API technology. Through its initial partnership with Ebury,...

Finxact Teams with The Clearing House to Bring Real-Time Payments Capabilities to Financial Institutions

Alyson Kuritz from 0to5
28 Oct 2019
JACKSONVILLE, Fla., Oct. 28, 2019 /PRNewswire/ -- Finxact, the emerging leader in Core-as-a-Service banking, today announced that it is working with The Clearing House (TCH) to bring real-time payments capabilities to its customers through the RTP® network, a new payment network financial institu...

PrimeiroPay and Citi win Corporate FX Awards 2020

Letícia Resende from PrimeiroPay
20 Nov 2019
The cross-border payment company was nominated in the Best Collaboration with Banks and Suppliers category and awarded alongside its banking partner Citi London, November 20, 2019 – PrimeiroPay, cross-border payment provider specialised in the Latin American market, received today the prestig...

Pakistan Mercantile Exchange PMEX chooses Cloudasset for their global digital payments

Vilma Valtonen from Cloudasset
17 Dec 2019
Cloudasset, Helsinki based Fintech company, has signed a 3-year agreement with Pakistan Mercantile Exchange (PMEX) on December 16, 2019, to digitise their Global Payments and fund flows for Domestic and International customers. Under the agreement, Cloudasset’s P3 global platform will provide r...

How Can Online Businesses Avoid Payment Fraud?

Ryan from Apaylo Finance Technology Inc.
23 Dec 2019
With holiday shopping in full swing, record numbers of buyers are doing their gift buying online. This year alone, there are expected to be nearly 2 billion eCommerce customers worldwide, up from 1.3 billion just 5 years ago. The total value of their transactions? $3.45 trillion, up from $...

Clarus Merchant Services and CardMachineOutlet.com Announce Strategic Partnership

Michael Jaffe from Clarus Merchant Services
30 Jan 2020
Clarus Merchant Services and CardMachineOutlet.com are pleased to announce they have entered into a strategic partnership; combining Clarus’ industry-leading agent sales programs and ISO/agent portfolio acquisitions with CardMachineOutlet.com’s world-class hardware distribution model that drives ...

Gobbill and AirPay enable Alipay & WeChat payments, 1M+ users to process AU bills

LaunchLink Communications from LaunchLink Communications
30 Mar 2020
-Australian fintech AirPay and bill payment automation company Gobbill to launch a new app feature for 1+ million users. -The “ToPay” feature is available via Chinese media app Today Australia, allowing Australian bills to be paid with WeChat Pay and Alipay. Fraud detection and payment...

Aurus Reaches Important Milestone as It Unveils Stablecoin Supported POS Terminals

Aurus Technologies from Aurus
16 Apr 2020
Aurus Technologies, the company behind the premier decentralized gold-backed token launches point-of-sale devices to handle stablecoin payments and direct settlements of merchants without the need for PSP’s (middlemen). This effort comes hot on the heels of the company's recent announcement of th...

The ai Corporation (ai) upgrades EazyFuel™ for PCI compliance

The ai Corporation from The ai Corporation
05 May 2020
- ai upgrades its closed loop fuel card platform to fully comply with PCI, in anticipation of expansion of PCI DSS to B2B fuel cards. LONDON, May 5, 2020: The ai Corporation (ai), an FCA approved expert in payments, fraud and risk management, today announced that it has upgraded EazyFuel™, i...

APEXX partners with Volt to unlock Open Banking Payments for their global offering

Apexx Global from Apexx Global
30 Apr 2020
APEXX partners with Volt to unlock Open Banking Payments for their global offering London – 30 April 2020 – APEXX Global (‘APEXX’), the leading global payments platform, is pleased to announce a wide-ranging partnership with the Open Banking digital money platform, Volt. The pa...

Statrys and Railsbank partner to offer local currency accounts to Asian SMEs

Djon from STATRYS
24 Jun 2020
Hong Kong, 24th June, 2020. Statrys announces its partnership with Railsbank, the leading global open banking platform. Statrys expands its current service offerings (online business account, payments and forex solutions) to provide local currency accounts in EUR and GBP for Asian SMEs. “...

Swipesum Announces $1.1M Funding Round Lead by Cequel III

Amy E Franklin from SwipeSum
08 Jul 2020
SwipeSum, a software-enabled service that finds any business the best payments solution at the best rate, at no cost to them, announces today a $1.1M funding round lead by Jerry Kent at Cequel III, with angel investors Larry Schiffer and Andy Love, and Greenway Family Office – all St. Louis based...

Harold Montgomery Joins Wirex USA as Managing Director

Annebeth Wijtenburg from Wirex
17 Jul 2020
Wirex announced that Harold Montgomery has joined the company as Managing Director of Wirex USA. Founded in 2014, Wirex is a leading mobile payments platform that allows customers to buy, store, exchange or spend digital and traditional currencies. Having recently achieved 3 million customers...

EARTHBANC IS THE WORLD’S FIRST ‘BATTLE-TESTED’ GREEN FINTECH AFTER GRADUATING FROM EXCLUSIVE BLOCKCHAIN SANDBOX

Irina Fedorenko from Earthbanc
31 May 2020
Earthbanc, the world’s first green digital banking and investment platform with a high yield green bond, has graduated from The Central Bank of Lithuania’s LBChain project. Earthbanc is one of only five fintechs from five different countries to complete the three testing stages and graduate from ...

PayJunction Announces Contactless Payment Processing to Address COVID-19 Mandates

Bret Clement from PayJunction
21 Jul 2020
PayJunction, a leading developer of payment processing technology, has launched the first cloud-controlled and completely contactless payment solution to help businesses reduce potential exposure to the virus for staff and customers. For any businesses that allow customers inside, the PayJunc...

Form3 raises $33 million in strategic investment round with new investors Lloyds Banking Group, Nationwide Building Society, and VC 83North.

Laura Francis from Form3
18 Aug 2020
London, 18 August 2020. Form3, the leading cloud-native payment technology provider for banks and regulated fintechs is moving into its next phase of growth and development with the completion of a strategic equity investment round of $33m. Following its Series B funding round in November 2...

Form3, PPS and Countingup in collaboration to transform UK SME banking with next generation, cloud-based technology

Laura Francis from Form3
04 Sep 2020
Form3, the leading cloud-native payment technology provider for banks and regulated fintechs is working with the UK’s fastest growing all-in-one payments and accounting solution - Countingup and its long-term banking technology, issuing and processing partner, PPS to tackle the ongoing challenges...

Form3 raises $33 million in strategic investment round with new investors Lloyds Banking Group, Nationwide Building Society, and VC 83North.

Laura Francis from Form3
18 Aug 2020
London, 18 August 2020. Form3, the leading cloud-native payment technology provider for banks and regulated fintechs is moving into its next phase of growth and development with the completion of a strategic equity investment round of $33m. Following its Series B funding round in November 2...

xpate launches xPP, a new strategic initiative to support worldwide partner community

Evgeniy from xpate
28 Jul 2020
xpate, a fintech services platform for both retail and business customers, launches xPP [xpate Partnership Program] to emphasize its major commitment to grow through and with its partners. xPP makes it fast and simple to refer businesses that will get access to a global payments platform along wi...

MeaWallet’s new SoftPos solution MeaPay takes the hardware out of contactless payments

Nuno Sitima from MeaWallet
17 Sep 2020
Contactless payments just broke free from hardware, making in-store payments possible on any NFC-enabled Android device. OSLO, 17 September 2020 - Accepting contactless payment can be a headache for any small business, store, or independent worker who must buy or lease expensive and cumberso...

Christophe Bodin joins Tradeshift as Chief Revenue Officer

Harry Ronaldson from Tradeshift
07 Oct 2020
Tradeshift, the leader in supply chain payments and marketplaces, today announces that Christophe Bodin has joined the company as Chief Revenue Officer (CRO). Bodin will oversee all customer-facing segments across Tradeshift’s enterprise SaaS business. He will be responsible for scaling revenue a...

Paymentworld Europe upgrades core banking system to Oracle

Jeffrey Romano from Paymentworld Europe Ltd
09 Oct 2020
Malta-based Fintech company, Paymentworld Europe Ltd, has upgraded the software powering several of its payment services to Oracle Flexcube, a market-leading core banking system used by global banks like Citigroup, HSBC, and Wells Fargo & Company. The new system went live last Monday with the...

Statrys Secures USD $5M Funding Round in Big Payments Push for Asia SMEs in 2020

Djon Ly from STATRYS
02 Nov 2020
Statrys, a Hong Kong-based digital payment services platform, has recently accepted a USD $5M funding round to help kick off its newest products to a rapidly growing market. This round was led via a closed-door funding arrangement with an angel investor in the region with the expectation for Stat...