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Citi appoints new head of UK commercial bank

Citi announces today the appointment of James Morris as Head of Citi Commercial Bank (CCB) for the United Kingdom, effective September 30, 2024.

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American Fintech Council responds to CFPB buy now, pay later rules

The American Fintech Council (AFC), the fastest growing premier industry association representing responsible fintech companies and innovative banks, submitted its response to the Consumer Financial Protection Bureau (CFPB) on the proposed Interpretive Rule and Request for Comment on the Use of Digital User Accounts to Access Buy Now, Pay Later Loans.

/payments

Expedia releases new credit cards in collaboration with Wells Fargo and Mastercard

Expedia Group, Inc. (NASDAQ: EXPE), one of the world’s largest online travel platforms, has finalized a multiyear agreement with Wells Fargo (NYSE: WFC) and Mastercard (NYSE: MA) to launch two new co-branded credit cards.

/markets

InvestiFi partners HiFin Technology

Leading Alkami Technology services firm, HiFin Technology has partnered with InvestiFi, the only InvestTech Platform designed to allow for trading to and from deposit accounts at retail banks and Credit Unions.

/markets

DTCC survey identifies improvements in industry preparedness for expanded US treasury clearing

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today issued a white paper, “The U.S. Treasury Clearing Mandate: An Industry Pulse Check,” to further enhance the industry’s knowledge of the U.S. Securities & Exchange Commission’s (SEC) expanded clearing rules.

/crypto

Wirex and Visa expand partnership to drive Web3 payments adoption

The leading Web3 money app, Wirex and Visa, a world leader in digital payments, are thrilled to announce a partnership to further the use of digital currencies in the UK and the European Economic Area (EEA).

/payments

Qashier unveils payment-linked loyalty programme

Singapore-based fintech startup Qashier announced today that it is launching Treats, a unique payment-linked loyalty programme that allows customers to seamlessly earn points by simply tapping and paying with their linked cards at any merchant under the Treats programme.

/retail

America First Credit Union picks Loquat for small biz member onboarding

America First Credit Union has selected Loquat Inc. to help enhance the onboarding experience for small business members. The partnership will equip small business owners with time-saving mobile solutions to make it easier, faster and more secure to run their business and have full control over their finances.

/payments

GoCarless and ICE InsureTech partner on faster payments for insurance firms

GoCardless, the bank payment company, has announced a strategic partnership with award-winning insurance software platform ICE InsureTech, to deliver faster and seamless automated payment collection for insurance companies in Australia and New Zealand.

/payments

Datapro and Mastercard team on cross-border payments in Latin America

Datapro, a leading provider of core banking systems and digital solutions, recently collaborated with Mastercard to expand the integration of Mastercard Cross-Border Services, a solution within the Mastercard Move portfolio of money transfer solutions.

/regulation

Dosh applies to become registered bank in New Zealand

Dosh has applied to become a registered Bank in New Zealand.

/payments

Payset partners with ClearBank

Payset, an online payments platform that provides a diverse suite of payment solutions for both individuals and companies, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to allow it to access the UK payment system for both local and cross-border transactions.

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