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/payments

Rakuten upgrades Viber Pay

Rakuten Viber today starts the next phase of its financial services journey with the upgrade of Viber Pay which is now powered by Paynetics’ embedded finance infrastructure and Visa’s global payment network.

/people

Fiduciam appoints new COO and CFO

Fiduciam welcomes Clinton Moseley as Chief Operating Officer and Chief Financial Officer As Fiduciam expands its operations, it is strengthening its management team. It has hired Clinton Moseley as Chief Operating and Financial Officer.

/markets

Charles Schwab to buy private markets platform Forge Global

The Charles Schwab Corporation (Schwab) today announced it has entered into a definitive agreement to acquire Forge Global Holdings, Inc. [NYSE: FRGE] (Forge) in a transaction valued at approximately $660 million.

/regulation

Bumper secures FCA authorisation for consumer credit lending

Bumper International Limited, the automotive payments orchestration platform and leading provider of interest-free car repair financing, is now authorised and regulated by the Financial Conduct Authority (FCA) with permissions for consumer credit lending in the UK.

/retail

FintechOS and Finastra combine to streamline onboarding

FintechOS today announced a strategic partnership with Finastra to modernize the account origination process for small businesses and consumers.

/retail

PNC Bank to open 300 more branches by 2030

PNC today announced it will be opening more than 300 new branches by 2030, adding 100 new branches to the expansion plans announced last November and increasing its total branch investment to approximately $2 billion.

/crypto

Caixabank enables ETP cryptocurrency investments

CaixaBank and imagin are offering their customers two investment vehicles designed to replicate the performance of bitcoin.

/retail

MoneyGram selects Oscilar for real-time risk intelligence

MoneyGram, a leading global payments network for consumers, businesses and communities, announced a strategic partnership with Oscilar, the AI Risk Decisioning Platform, to power its next-generation risk infrastructure.

/payments

Snap Finance launches virtual installment payment card

Innovative fintech company, Snap Finance UK (Snap), is revolutionising embedded finance with the launch of its virtual card, a more convenient solution for customers seeking flexible ways to pay.

/markets

FIS launches asset servicing magement suite

Global financial technology leader FIS has announced the launch of FIS Asset Servicing Management Suite, a comprehensive suite of automated and integrated solutions which help unlock operational efficiency across all areas of asset servicing.

/payments

Citi expands Token Services business to Europe

Citi announced the expansion of Citi Token Services (CTS) with the integration of Euro transactions and an extended footprint to Dublin, Ireland.

/ai

DBS brings Joy to coreporate clients with new AI chatbot

DBS today announced the official launch of its newly-enhanced virtual assistant for corporate clients known as “DBS Joy”.