Latest company updates: Finextra Research

HSBC launches market-first cross-currency netting in China

HSBC has provided Philips with a market-first treasury solution in mainland China. This first-of-its-kind netting solution reduces the hundreds of intra-group multi-currency transactions that Philips entities in mainland China make each month into a single RMB cross-border transaction, streamlining processes, lowering costs, and unlocking working capital.

4 mins

/retail

TransUnion o buy consumer credit business of Mexico's Buró de Crédito

TransUnion (NYSE:TRU) has signed a definitive agreement to acquire majority ownership of Trans Union de Mexico, S.A., S.I.C., the consumer credit business of the largest credit bureau in Mexico, Buró de Crédito.

14 hours

/sustainable

FSB develops analytical framework and toolkit to assess climate-related vulnerabilities

The Financial Stability Board (FSB) today published a report on the assessment of climate-related vulnerabilities.

16 hours

/payments

Bamboo wins payments deal with Argentinian e-commerce platform Tiendamia

Bamboo, a leading provider of cross-border payment solutions, is proud to announce a new partnership with Tiendamia, a prominent e-commerce platform in Latin America.

18 hours

/payments

Columbia Insurance Group selects One Inc to modernise payments

One Inc, the leading digital payments platform provider for the insurance industry, is pleased to announce Columbia Insurance Group (CIG), a mutual insurance company specializing in comprehensive property and casualty insurance for small and mid-size businesses, has selected One Inc’s best-in-class digital payments solutions PremiumPay and ClaimsPay, for both inbound and outbound payments.

18 hours

/retail

Countingup hits £10bn customer transactions mark

Countingup, the UK-based financial super app that combines a business current account with accounting and tax tools, today announced a significant milestone: surpassing £10 billion in customer transactions.

19 hours

/payments

Nuvei partners Outpayce from Amadeus

Nuvei Corporation (“Nuvei”), the Canadian fintech company, today announces that it has partnered with Outpayce from Amadeus, as its latest payments service provider to be integrated into Outpayce’s Xchange Payment Platform (XPP).

19 hours

/people

PayRetailers names Natalie McGowan VP, acquiring and EU payment partners

PayRetailers, a leading payment processor for Latin America and Africa with plans to expand into Europe, today announced the appointment of Natalie McGowan as the new VP of Acquiring and EU Payment Partners.

19 hours

/retail

Backbase and Knowit team on digital banking in the Nordics

Backbase, the creator of the Engagement Banking Platform, announces a strategic partnership with Knowit, a leading Nordic digital transformation consultancy.

19 hours

/payments

FreedomPay opens payment gateway with Mastercard

FreedomPay, a leader in Next Level Commerce technologies, today announced a strategic alliance with Mastercard.

20 hours

/payments

Investcorp acquires Italian loyalty and gift card firm Epoli

Investcorp, a leading global alternative investment firm, today announced it has signed a definitive agreement to acquire Epipoli (“the Company”), a leading and fast-growing international alternative payments enabler, from investment firm Bregal Milestone and Epipoli founder & CEO Gaetano Giannetto, who will remain a significant minority shareholder and will continue to lead the Company.

21 hours

/crypto

Amina Bank abolishes stablecoin custody fees

Amid the surge in stablecoin market capitalisation, leading crypto bank AMINA has removed custody fees for Stablecoin Rewards Account clients holding USDC in both hot and cold storage, with EURC set to be added soon.

21 hours

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