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TrueLayer sees path to profitability as revenue grows by 63%

TrueLayer, Europe’s leading Pay by Bank provider, today published its 2024 Financial Performance, highlighting an increase in revenues (+63%) and gross profit (+82%).

/retail

Sunrate integrates with Google Pay

SUNRATE, the global payment and treasury management platform, today announced the integration of its commercial cards with Google Pay, giving businesses worldwide a faster, more secure, and convenient way to pay directly from their Android devices.

/retail

CFIT appoints Chris Pond as chairman

The Centre for Finance, Innovation and Technology (CFIT) today announces three senior appointments to its Board, with Chris Pond joining as Non-Executive Chair and Nausicaa Delfas and Vivienne Artz as independent Non-Executive Directors.

/retail

Swift's Nick Kerrigan to chair The Payments Association's advisory board

The Payments Association, a trade group for the payments sector, today announced that Nick Kerigan, Managing Director and Head of Innovation at Swift, will become the new Chair of its Advisory Board.

/retail

Airwallex accelerates market entry in the Middle East

Airwallex, a leading global financial platform for modern businesses, today announced a series of regulatory, infrastructure and partner successes that will allow it to accelerate its expansion into the Middle East.

/retail

RTGS.global opens instant settlement corridor between Tajikistan and Turkey

RTGS.global, which connects financial institutions through one simple integration to transform how cross-border payments are made, has today confirmed the launch of a new active settlement corridor between Tajikistan and Turkey.

/retail

PPRO expands reach with Temu

PPRO has teamed up with Temu, the global online marketplace, to bring preferred local payment methods to millions of consumers across Europe.

/retail

Backbase joins forces with Akkuro

Legacy systems are preventing banks from unlocking AI's full potential to accelerate growth, streamline operations and deliver the experiences customers now expect.

/retail

PayPal to sell $7bn in BNPL loans to Blue Owl Capital

PayPal Holdings, Inc. (NASDAQ: PYPL) and Blue Owl Capital (NYSE: OWL), a leading alternative asset manager, today announced the execution of a two-year agreement under which funds managed by Blue Owl will purchase approximately $7 billion of buy now, pay later (BNPL) receivables originated by PayPal in the US.

/retail

Backbase connects with Prove for digital onboarding

Prove, the leader in digital identity, and Backbase, the world’s first AI-powered banking platform, today announced a strategic partnership aimed at transforming how financial institutions onboard new customers in the United States.

/retail

Alibaba Cloud unveils next generation of AI innovations

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today unveiled its latest full-stack AI innovations at Apsara Conference 2025, its annual flagship technology conference.

/retail

Viva.com rolls out Tap to Pay on iPhone in Norway

Viva.com, the first Tech Bank in Europe for businesses, has enabled Tap to Pay on iPhone in Norway, allowing local merchants to seamlessly accept all forms of contactless payments, such as contactless credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and Viva.com’s Terminal app.

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