Top FinTech Companies Explore some of the best Payment Service Providers Globally
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BNY Enhances Compliance Monitoring with Behavox Quantum Rollout
BNY has strengthened its compliance and risk management framework by implementing Behavox Quantum, an AI-driven platform for monitoring electronic and voice communications. The solution, delivered as a SaaS offering, provides surveillance across BNY’s multiple communication channels and supports more than 16 languages. The rollout ... Read More
Central Banks Launch Tender for Cross-Border Payments Network Operator Under Project Nexus
The central bank participants in Project Nexus — an initiative led by the Bank for International Settlements (BIS) to interlink domestic real-time payment systems across borders — have kicked off a formal procurement process to appoint a technical network operator. The move marks a significant step toward live implementation of the ... Read More
Barclays Partners with Brookfield to Offload Struggling Payments Business
Barclays has struck a strategic partnership with Brookfield Asset Management as it works towards offloading its underperforming payments acceptance business over time. The deal marks a key step in the UK bank’s broader restructuring strategy, which aims to shed non-core assets and focus on higher-growth areas. Facing tough competition ... Read More
Global Payments to Acquire Worldpay for $22.7B, Sell Issuer Solutions to FIS for $13.5B
In a landmark reshuffling of the global payments industry, Global Payments has struck a $22.7 billion deal to acquire Worldpay from private equity group GTRC and FIS, while simultaneously agreeing to divest its Issuer Solutions unit to FIS for $13.5 billion. The acquisition of Worldpay will dramatically expand Global Payments‘ reach, ... Read More
Swift Launches AI-Powered Payment Investigation Tool to Tackle $1.6B Industry Pain Point
The global financial messaging network Swift has introduced a new case management system designed to revolutionize how banks track and resolve delayed international payments, potentially saving the industry 600 million annually. The solution targets what Swift identifies as a 1.6 billion yearly burden for financial ... Read More
Bolt Unveils SuperApp Merging One-Click Crypto with Everyday Payments
Bolt has launched a new SuperApp aimed at unifying crypto and everyday payments into a single seamless experience, stepping up competition with players like Coinbase, PayPal, and Zelle. This marks the first major release under founder Ryan Breslow’s renewed leadership, following his return to the CEO seat last month. Breslow, who ... Read More
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