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Multiply Mortgages raises $23.5 million

Multiply Mortgage, the financial technology company making homeownership more accessible through employer benefits, today announced it has raised a $23.5 million Series A funding round, led by Kleiner Perkins. A*, Box Group, Mischief, and Workshop also participated, bringing the company’s total funding to $27 million.

/retail

Majority of Canadians alter payment habits due to fraud concerns

More than one in five Canadians (22 per cent) risk missing bill payments due to concern of scams, reveals new Payments Canada study.

/retail

CFTC: Generative AI is making easier for fraudsters to fool tthe public

A new Commodity Futures Trading Commission customer advisory says generative artificial intelligence is making it increasingly easier for fraudsters to create convincing scams.

/retail

Trustly bags deal to become Pay by Bank provider for Hard Rock Bet

Trustly, the global leader in Pay by Bank, has announced a partnership with Hard Rock Digital to become the Pay by Bank provider for Hard Rock Bet, one of the fastest growing sportsbooks and iGaming platforms in the nation.

/retail

Tala gets $150m debt facility

Tala, the global financial infrastructure company delivering the world's most accessible financial services, is proud to announce the successful closing of a US$150 million debt facility with Neuberger Berman, a global investment management firm.

/retail

Verizon to open high yield savings account with Santander's Openbank

Verizon and Santander Bank, N.A., part of the global banking leader Santander, today announced a multi-year U.S. partnership to bring a new, competitive high yield savings account to millions of Verizon mobile and 5G Home customers.

/retail

Bud works with DataStax and NVIDIA to supercharge real-time insights platform

DataStax, a leading AI platform that helps enterprises and developers build accurate AI applications at scale, has announced that Bud Financial is leveraging the DataStax AI Platform, built with NVIDIA AI, including NVIDIA NeMo Retriever, NVIDIA NIM microservices, and NVIDIA AI Enterprise, to enhance customer experiences for organizations such as ANZ while increasing speed 10x.

/retail

Optty aligns with ekko for sustainable payments

Optty, a B Corp-certified global payments infrastructure platform, and ekko, a sustainability platform for banks and payments companies, are partnering to make it easier for businesses to offer sustainable payment tools at scale.

/retail

Visa veteran Minh Ha Truong joins Paymentology to drive growth across Aapac

Paymentology, the leading global issuer processor, today announces the appointment of Minh Ha Truong as Head of Growth, Asia Pacific.

/retail

Tuum and Sumsub join forces

Tuum, a leading next-generation core banking provider, has announced a partnership with Sumsub, a global full-cycle verification platform.

/retail

Epos Now and Lloyds Cardnet develop unified platform

Epos Now, a leading global AI-driven point-of-sale (POS) provider, today announces a strategic partnership with Lloyds Cardnet, one of the UK’s biggest card payment service providers.

/retail

Fintechs report higher fraud volumes

More than two in three UK fintech companies (68%) are reporting higher fraud volumes compared with one year ago, according to new data published today by Alloy, a leading identity and fraud prevention platform provider to over 600 fintechs and financial institutions globally.

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