Modulr, an embedded payments platform recognized for its innovative financial solutions, recently announced its acquisition of Nook, a prominent player in the accounts payable (AP) automation sector. This acquisition promises to be a groundbreaking collaboration focused on addressing the inefficiencies that plague business payments. By removing cumbersome manual processes and enhancing security measures, the merged entities aim to streamline business
Vietnam’s largest digital bank, Cake by VPBank (Cake), has recently made a groundbreaking move by launching a fully cloud-based Card Management System (CMS) in partnership with Visa, creating a significant milestone as the first deployment of its kind in Vietnam. By leveraging the Visa Cloud Connect technology on the Google Cloud infrastructure, Cake has positioned itself at the forefront of
In a move set to revolutionize the payment landscape for online fashion retail, Adyen, a leading financial technology platform, and Zalando, Europe’s foremost online fashion retailer, have expanded their strategic partnership to bring advanced payment solutions to 15 European markets. This expansion positions Adyen as one of Zalando’s key payment partners and designates it as the exclusive provider for several
The banking sector is on the brink of a technological revolution, driven by the advent of agentic artificial intelligence (AI). This transformative technology promises to enhance productivity, streamline operations, and elevate customer service across various organizational levels. By adopting a customer-journey-based approach and ensuring front-to-back integration, banks can strategically prioritize areas for growth and navigate the complexities of the evolving
Imagine a world where retail investors have access to the same advanced investing techniques and tools as large financial institutions, leveling the playing field and empowering individuals to make more informed investment decisions. This scenario is becoming a reality thanks to the transformative impact of Artificial Intelligence (AI) in the investment world. The use of computers in investing isn’t new,
In an era where data centers are becoming the backbone of modern business infrastructure, the demand for advanced electrical equipment, particularly switchgear, is witnessing a significant rise. Companies in the switchgear industry are not only catering to this increasing demand but also driving growth in various sectors like renewable energy and electrical equipment. This trend highlights the essential role of
AI has already made a profound impact on the financial markets. Its ability to predict trends, execute trades swiftly, and manage risk is transforming investment strategies at its core. Since it allows companies to provide an enhanced user experience with improved accuracy and personalization, businesses have started to adopt the technology and implement AI-based solutions. Over 60% of financial services
In a significant move aimed at alleviating the numerous challenges developers face when managing cloud infrastructure, Northflank, a London-based cloud deployment platform, has successfully secured $22.3 million in new funding. This effort seeks to streamline and expedite the coding and deployment processes, addressing an often-cited pain point in the industry. The funding was bolstered by a $16 million Series A
Volante Technologies, renowned globally for their leadership in Payments as a Service (PaaS), has launched a revolutionary solution aimed at enhancing financial institutions’ control and visibility over their payments business. Known as Volante Payments Intelligence, this sophisticated new solution integrates seamlessly into the Volante Payments Platform, offering a modular approach to address the increasing volume and intricacies of the payments
In a strategic move to refine and elevate the payment experience for online shoppers, Adyen, a global financial technology platform, has partnered with Zalando, a prominent European online multi-brand fashion retailer. This collaboration designates Adyen as Zalando’s exclusive local payment partner in 15 European countries, including handling specific local payment methods like Cartes Bancaires in France and Bancontact in Belgium.
In an unprecedented move for the fintech and charitable giving sectors, Daffy.org, a cutting-edge platform for donations, has partnered with Robinhood, a prominent player in financial technology. The collaboration enables Robinhood users to donate their crypto assets to nearly any U.S. charity via Daffy’s donor-advised fund (DAF), streamlining the process through Robinhood Connect. This initiative is aimed at making charitable
Solidgate, a payment processing platform specializing in international scalability, has announced a groundbreaking partnership with Nova Post, a leading Ukrainian company specializing in express delivery and logistics. This collaborative effort aims to enhance payment services for businesses and individuals operating in 15 countries across the EU and the UK. As the logistics sector faces significant challenges due to outdated technology,
