PayTech

eCommerce company Benitago reportedly files for bankruptcy

New York-based eCommerce company Benitago has reportedly filed for bankruptcy, less than two years after raising $325 million in funding.

Mangopay and Spryker collaborate to revolutionise online platform development

Mangopay, the renowned platform-specific payment infrastructure provider, and Spryker, the leading composable commerce platform for advanced B2B Commerce, Enterprise Marketplaces, and Thing Commerce use cases, have declared their strategic alliance.
Kiwibank and UnionPay join forces A new era for New Zealand's payment systems

Kiwibank and UnionPay join forces: A new era for New Zealand’s payment systems

UnionPay International (UPI), the global arm of a leading payment network, has formed an alliance with Kiwibank, New Zealand's local banking hero. This fresh collaboration ensures that Kiwibank's eligible merchants can now accept UnionPay cards for in-person transactions, commencing from the 1st of August, 2023.

German FinTech Ivy raises $20m in funding round

Open banking payments start-up Ivy, has managed to secure $20m in its Series A funding round, as it looks to take its expand its banking deals into more geographies.

PhonePe launches innovative stock broking app

Mobile payments app PhonePe announced today that its subsidiary, PhonePe Wealth Broking, has launched an innovative stock broking app.

Klarna become first bank to deploy ChatGPT Enterprise

Klarna has revealed that it is the first bank to adopt Open AI's Chat GPT Enterprise platform, as it continues to lead the race for AI implementation into online banking.
PandaDoc acquires Denario

PandaDoc acquires Denario: A leap in payment workflow for startups

PandaDoc, a digital document automation software company, has announced its acquisition of Denario, a renowned FinTech startup. The merger promises to transform the realm...

Weave introduces Scan to Pay to Payment Suite

Weave has revealed that it will add Scan to Pay to its comprehensive Payment Suite, in a bid to make the payment process more efficient.

GoCardless Partners with Commusoft to offer cost-effective payments

Bank Payments company GoCardless has partnered with Commusoft,a leading software provider for trade companies, to offer its customer base cost-effective payments via open banking.

Trustly acquires SlimPay in €70M deal

Swedish payments firm Trustly has acquired SlimPay in a €70M deal, sit looks to continue its European expansion plans.

News Stories

Duck Creek Technologies, an intelligent solutions provider shaping the future of property and casualty (P&C) and general insurance, has launched its latest insurance-focused payments solution to modernise and simplify payment processes for insurance carriers.

Duck Creek Technologies introduces Payments Facilitator to streamline insurance transactions

Duck Creek Technologies, an intelligent solutions provider shaping the future of property and casualty (P&C) and general insurance, has launched its latest insurance-focused payments...
The Open Carbon Protocol (OCP) has announced a strategic partnership with Kita to improve the credibility and integrity of carbon credit transactions.

The Open Carbon Protocol partners with Kita to boost transparency in carbon credit markets

The Open Carbon Protocol (OCP) has announced a strategic partnership with Kita to improve the credibility and integrity of carbon credit transactions. The primary goal...
Bank of England

Bank of England leads major resilience test to safeguard UK economy

The Bank of England, alongside UK Finance and various other financial authorities including HM Treasury and the Financial Conduct Authority, recently spearheaded a critical simulation known as SIMEX 24.
RSA Insurance, a leading provider of insurance products and services, has launched a new financial risks product called Directors' and Officers' (D&O) Protection.

RSA expands financial risks offering with new D&O protection product

RSA Insurance, a leading provider of insurance products and services, has launched a new financial risks product called Directors' and Officers' (D&O) Protection. The introduction...

Alkami Technology partners with Intrepid Credit Union to deliver enhanced digital banking platform

Alkami Technology, Inc., a cloud-based digital banking solutions provider for financial institutions, has announced a new partnership with Intrepid Credit Union. The partnership aims to...

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