/payments
Embedded payroll infrastructure provider Salsa has raised $20 million in a Series A funding round led by Altos Ventures.
1 hour
Latin American accounts receivable SaaS platform Toku has raised $48 million in a Series A funding round led by Oak HC/FT.
3 hours
/regulation
The Federal Deposit Insurance Corporation (FDIC) has ordered Discover Bank to return more than $1.2 billion to merchants that were overcharged on swipe fees and pay a $150 million civil money penalty.
8 hours
Stablecoin platform Circle is working with Standard Chartered, Deutsche Bank, Société Générale and Santander to build a cross-border payment network to rival Swift.
/ai
10x Banking has unveiled a suite of new AI capabilities being integrated into its meta core to accelerate banking transformation, improve operational efficiency, and enhance decision-making for banks.
9 hours
Investing.com, a provider of financial news, tools and data to retail investors, has launched an AI-driven researcher called WarrenAI.
21 April 2025
BNY has boosted its compliance monitoring by rolling out Behavox's AI-powered electronic and voice communication surveillance system.
18 April 2025
The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, have commenced a procurement exercise to appoint a technical network operator.
Barclays has entered a strategic partnership with Brookfield Asset Management that will work towards offloading the UK bank's payments acceptance business "over time".
17 April 2025
The payments sector is getting a major shakeup, with Global Payments agreeing a $22.7 billion deal to acquire Worldpay from GTRC and FIS while offloading its Issuer Solutions business to FIS for $13.5 billion.
Swift has launched a case management service for investigating payment defaults that it claims could save its member banks millions of dollars in operational costs and significantly reduce the time it takes to identify and resolve issues when international payments are delayed.
Bolt has released a new SuperApp combining one-click crypto and everyday payments to compete with the likes of Coinbase, Zelle and PayPal.
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