Vast majority of firms struggle with cloud security, report finds
A report by Forrester has found that up to 75% of respondents struggle with securing their cloud environments.
Federal Reserve to launch real-time payments service in summer 2023
The Federal Reserve has accelerated the timing of the launch of FedNow, its real-time payments service, to the summer of 2023. ?
Iceland supermarket rolls out interest-free BNPL product
UK supermarket chain Iceland is introducing an interest-free buy now pay later (BNPL) product for use in its shops due to the cost-of-living crisis.
Paysend links with Currencycloud to expand business payment capabilities
Paysend, a UK-based FinTech, has teamed with Currencycloud to expand the capabilities of its Paysend Business solution.
Payments FinTech Highline lands $13m Series A
Highline Technologies, a payments FinTech that unlocks payroll-linked lending and billpay, has raised $13m from a Series A funding round.
Faster payments volume climbs by 23% between 2020 and 2021
A report by UK Finance Payments Markets has found faster payments volume shot up by 23% to 3.6bn from 2020 to 2021.
Ripple brings remittance service to Brazil’s Travelex Bank
Ripple, a blockchain and cryptocurrency solution, has announced the launch of its On-Demand Liquidity (ODL) service in Brazil with Travelex Bank.
Singapore’s FOMO Pay bags $13m
FOMO Pay, a Singapore-headquartered major payment institution has raised $13m in Series A funding.
Currencycloud teams with FTFT Labs to launch remittance app
Currencycloud has teamed with Future FinTech Labs to launch Tempo, a remittance app, to offer US-based immigrants a simpler way to send money.
The Chainsmokers join funding of newly launched PayTech Pomelo
PayTech startup Pomelo, which aims to improve money transfers, has reportedly raised $20m in seed funding, alongside a $50m warehouse facility.