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1756 Results from 2024

/payments

10 trends that will impact payments in 2025, according to Mastercard

In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.

/sustainable

Hong Kong launches roadmap for sustainability reporting

The Hong Kong government has revealed a roadmap to implement International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) across public entities by 2028.

/sustainable

Triodos Bank announces BNG private sector loan to finance nature restoration

Triodos Bank made the first biodiversity net gain (BNG) unit model private sector loan this week.

/crypto

Standard Chartered inks reserve management deal for Paxos stablecoins

Standard Chartered has agreed a deal to provide cash management, trading, and custody services for Paxos stablecoins.

/payments

Visa Direct to deliver faster bank transfers in a minute or less

Visa Direct will soon ensure that funds transferred to US bank accounts will be available within a minute or less.

/retail

Railsr and Equals Group set for £283m merger

The long-trailed merger of embedded banking platform Railsr and payments firm Equals Group is set to go ahead through a £283 million takeover deal.

/crypto

Ripple wins NYDFS approval for stablecoin launch

Ripple has won approval from the New York Department of Financial Services for the upcoming launch of its dollar-backed stablecoin RLUSD.

/wealth

Embedded investment API Upvest raises €100 million

Investment API Upvest is set to double its 170-strong team after closing on a €100 million Series C funding round.

/wholesale

'Suspicious transactions' led to collapse of UK fintech Stenn

UK fintech Stenn collapsed into administration after a reference to the company in a US criminal indictment about a Russian money laundering scheme prompted its lenders to begin probing potentially suspicious transactions, according to the Financial Times, citing people familiar with the matter.

/sustainable

The Payments Association calls for action to address the environmental impact of digital payments

The Payments Association is calling for the development of a standardised framework that allows firms to meaningfully measure carbon emissions in the digital payments value chain.

/payments

Swish adds tap-to-pay function for its 8.6 million mobile users

Sweden's popular payments app Swish is adding payment cards to its mobile service, enabling users to Tap-to-Pay with their phones in stores across Sweden and abroad.

/ai

Eviden and Ordo pilot open banking-based bill payment platform

Atos Group unit Eviden is teaming up with fintech Ordo and blockchain company ByzGen to pilot an open banking-based bill payment service.