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Corporate payments company Corpay is set to buy account payable automation outfit Paymerang. Financial terms have not been disclosed.
09 May 2024
A host of major US financial services firms - including Citi, JP Morgan, and Visa - are taking part in a Regulated Settlement Network (RSN) proof-of-concept that will explore multi-asset settlement using shared ledger technology.
Accounts payable automation specialist TranscendAP has spun out from IT services firm Optima Global Solutions.
Lloyds Banking Group is collaborating with Red Hat on a programme to drive the adoption of open source software across its engineering teams.
08 May 2024
EBA Clearing says its request to pay service is ready for commercial use cases after the completion of a pan-European proof-of-concept involving eight PSPs.
The US Federal Reserve Board is seeking feedback on a proposal to start operating its two large payments services seven days a week.
06 May 2024
The Royal Bank of Canada is backing a new incubator programme for fintech and cybersecurity startups.
Researchers from Elliptic, IBM Watson and MIT have used AI to detect money laundering on the Bitcoin blockchain.
02 May 2024
Artificial intelligence (AI) and cloud computing are rapidly changing the way payments services providers (PSPs) operate.
01 May 2024
Mobile banking startup Monese has confirmed the break up of the business into separate consumer-facing and corporate concerns and the arrival of new funding.
There were nearly 500 fintech financing and M&A deals in the first quarter of 2024, with insurtech, crypto and blockchain proving hot areas, according to data from Royal Park Partners (RPP).
Gideon Valkin – formerly of Monzo, ClearScore and Entree Capital – has closed on a $12 million fintech venture fund, Adrena Ventures, and made his first investment in Nustom, an AI startup founded by Monzo’s co-founding CTO Jonas Templestein.
30 April 2024
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