Proven Bank Enhances AML Compliance with Fenergo Transaction Monitoring System
Proven Bank has implemented Fenergo's advanced transaction monitoring system to strengthen its anti-money laundering (AML) compliance. This deployment aims to enhance the bank's ability to detect and prevent suspicious activities, ensuring ... Read More
Payac Partners with Nexi to Launch SEPA Instant Payments in Ireland
Payac, an Irish payments firm, has collaborated with Nexi, a leading European payment service provider, to introduce SEPA instant payments in Ireland. This partnership aims to enhance payment efficiency, offering near real-time ... Read More
DeltaPrime and Ledger Works Join Forces to Revolutionize Risk Management in DeFi Lending
DeltaPrime and Ledger Works have announced a groundbreaking partnership aimed at transforming risk management in decentralized finance (DeFi) lending. This collaboration promises to enhance security and efficiency in DeFi lending protocols ... Read More
PingPong Secures Indonesian Payments License from Bank Indonesia
PingPong has officially secured a payments license from Bank Indonesia, allowing it to expand its payment services in the Indonesian market. This strategic move aligns with the company’s goal to enhance cross-border transactions and ... Read More
iGoDirect Unveils Web-to-Wallet Solution to Enhance Payment Experience in APAC
iGoDirect has introduced its innovative Web-to-Wallet solution, designed to streamline and optimize digital payments across the Asia-Pacific region. This new platform aims to eliminate payment friction, boost transaction speed, and ... Read More
TFSF Pulse Expands Payment Solutions to Boost Merchant Adoption
TFSF Pulse has introduced new alternative payment options to enhance merchant adoption. This move aims to simplify transactions and broaden payment acceptance, enabling merchants to reach more customers. The platform’s expanded features ... Read More
Swiss Central Bank Reports $2.27 Billion Loss Due to Strong Franc
The Swiss National Bank (SNB) has reported a substantial loss of $2.27 billion for the first half of 2024. The loss is attributed to the strengthening of the Swiss franc, which has adversely impacted its foreign currency holdings and ... Read More
Stripe Partners with Newline by Fifth Third Bank to Enhance Embedded Financial Services
Stripe has chosen Newline by Fifth Third Bank to enhance its embedded financial services. This strategic collaboration aims to broaden Stripe’s financial capabilities, offering a comprehensive suite of services for businesses looking to ... Read More
CaixaBank Reports 30% Surge in Q2 Net Profit Fueled by Increased Lending Income
CaixaBank's net profit for Q2 2024 surged by 30% to €1.2 billion, driven by higher lending income. The bank's strong performance highlights successful credit operations and improved asset quality, positioning it well for continued ... Read More
US Bank Regulator Seeks Tighter Control Over Asset Managers’ Bank Stakes
The US bank regulator is planning to implement stricter controls on asset managers' stakes in banks. This move aims to ensure financial stability and mitigate systemic risks, as asset managers increasingly acquire significant stakes in ... Read More