Fintech

The revenue acceleration platform for SaaS companies, Capchase, secures €105m credit facility warehouse led by Deutsche Bank to support flexible financing Capchase, the revenue acceleration platform for software-as-a-service (SaaS) companies, has secured a €105m (US$113.9m) credit facility warehouse led by Deutsche Bank. Its latest funding adds to more than US$1bn in joint debt and equity […]

This past Sunday, comments were due in response to the Federal Reserve’s proposed changes to Regulation II of the Durbin Amendment. Elisa Tavilla, Director of Debit Payments at Javelin Strategy & Research recently covered the initial proposal. A Quick Recap In October 2023, the Federal Reserve Board voted in favor of a proposal to lower the […]

The UK’s Payment System Regulator (PSR) has stepped back from imposing financial penalties on Visa and Mastercard scheme and processing fees, despite evidence that the firms are running an effective duopoly in the supply of services to merchants. The watchdog’s market review into card sheme and processing fees concludes that there is currently “no effective […]

Singapore-based fiat-crypto payments firm Alchemy Pay has unveiled a Web3 digital banking platform for enterprises. The Web3 Digital Bank initiative is designed to solve the problems that Web3 firms face in managing cross-border payments and transactions between fiat and crypto currencies. Alchemy says it will provide a compliant, easy, and reliable means to open and […]

Barclays has launched a monthly ‘Scams Bulletin’ to inform consumers of emerging trends in criminal fraud tactics. The Bulletin monitors claims made across all Barclays personal and business current accounts, providing a single view of data and emerging trends to educate consumers on how to spot and stop scams at source, and protect their funds. […]

Fintech giant Revolut set to allow employees to cash in their shares in US$500m sale, with Morgan Stanley lined up to coordinate the process Revolut, the UK’s leading neobank, is reportedly drawing up plans to enable its employees to cash in their share of the bank, with plans in place for Revolut to sell US$500m […]

Restaurant technology provider Olo has expanded its partnership with TRAY to integrate Olo Pay card-present payment processing with TRAY’s point of sale (POS) system. This move is part of a larger integration with the Olo Engage product suite, designed to offer restaurants digitally personalised experiences for their guests. The expanded partnership will enable automated menu synchronisation […]

US investment bank Goldman Sachs is looking to expand its private equity credit & asset management lines, as it bids to fill void of recent banking turmoil Goldman Sachs, the US investment banking leader is seeking to expand into the private equity and asset management lending market, amid a global expansion overseas. The move comes […]

Personetics’ President of Americas, Jody Bhagat, walks through AI’s impact on banking with insights on the potential of data-driven personalisation Taking to the stage at Citi’s 2024 FinTech Conference, President of Americas at Personetic, Jody Bhagat, explored the significant impact of data-driven personalisation on driving greater customer experiences, looking ahead to the further innovative potential of AI […]

This month, consumer group Which? shared research that found finance fraud is rife across secondhand marketplaces. Can ecommerce platforms stem the tide? Earlier this month, leading consumer group Which? released its survey of 1,300 buyers, finding 32% of respondents were scammed on secondhand marketplaces in the space of two years from January 2022 to January […]