The PSR has taken a significant step towards addressing competitive concerns in the UK's card payment systems by proposing a cap on cross-border interchange fees. This initiative follows the publication of the PSR's final report, which reveals the detrimental impact of escalating fees on UK businesses, urging a reconsideration of the fee structure imposed by major card networks like...

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and managing general agents (MGAs), has named Sylvester Mathis as its new chief revenue officer. Mathis, who has been with Insurity for 19 years, will retain his role as chief insurance officer while stepping into this new leadership position. Insurity delivers cloud-based software solutions designed to support insurance carriers, brokers,...

Hong Kong has recently introduced a comprehensive roadmap to enhance sustainability disclosure among companies and regulated financial institutions.

One Inc, a leader in digital payments solutions for the insurance industry, is set to digitise and streamline payment processes for GoAuto Insurance policyholders, as part of a new partnership between the firms. By integrating One Inc’s ClaimsPay® and PremiumPay® solutions, the collaboration enhances both inbound premium payments and outbound claims disbursements, delivering a seamless and efficient customer experience, according...

The GRI known for its commitment to enhancing sustainability reporting standards, has announced the appointment of Robin Hodess as its new CEO, effective February 2025.

Mesh Payments has partnered with SoFi Bank, a prominent provider of scalable financial services, and Galileo Financial Technologies to revolutionise enterprise expense management and accelerate the delivery of innovative solutions. The partnership integrates Mesh Payments’ next-generation expense and card infrastructure with SoFi Bank’s scalable financial framework and Galileo’s API-driven payments processing platform, according to FF News. This unified ecosystem is designed...

Today's corporate landscape is fraught with challenges stemming from fraud and money laundering, making it crucial for businesses to understand and verify who exactly owns the companies they deal with. According to AIPrise, whether you're a financial institution, an investor, or a regulatory body, knowing a company's ownership structure is key to mitigating risks and ensuring adherence to global...

In the complex world of today’s regulations, simple compliance checks and routine procedures no longer suffice.

Visa, a global leader in digital payments technology, is advancing its real-time money movement platform to ensure that funds transferred to US bank accounts will be available in under 60 seconds. The new enhancement to Visa Direct is driven by a growing demand for faster and more efficient financial transfers, according to FF News. As individuals and organisations increasingly prioritise speed...

payabl., a European FinTech leader, has collaborated with Work in Fintech (WIF) to empower underrepresented young people by providing skills, knowledge, and opportunities to forge successful careers in FinTech. By joining WIF's partner network, payabl. reinforces its commitment to corporate social responsibility and supporting the next generation of diverse talent, according to FF News. Founded in 2020, WIF connects students, graduates,...