Volume Payments and RemitSo link open banking to remittance compliance
The companies say their UK-focused integration cuts card-related funding costs and automates compliance for money transfer operato...
By Rafael Ortiz 2 months agoFintech Correspondent
Rafael Ortiz
Rafael covers payments, banking infrastructure, and the software eating financial services. Former product lead at a payments processor.
Latest from Rafael Ortiz
Orion says assets under administration rise to $6.6tn
The wealth technology provider reported 29% growth in assets under administration and expanded its Denali AI offering for advisory...
By Rafael Ortiz 2 months agoKYC Hub co-founder says RL is a poor fit for AML alert queues
Farnoush Mirmoeini argues AML alerts lack the verified feedback that reinforcement learning systems need to improve decisions safe...
By Rafael Ortiz 2 months agoFed proposal would recast bank AML rules around risk evidence
The Federal Reserve proposal would require supervised banks to show AML/CFT programmes are tied to current illicit finance risks.
By Rafael Ortiz 2 months ago
O2-backed 4M buys two commercial cleaning businesses
4M Building Solutions acquired Bluegrass Commercial Cleaning and Rainbow Maintenance Services, extending a deal program that began...
By Rafael Ortiz 2 months ago
Carbyne-backed SuanNutra agrees to buy IFF ingredients portfolio
SuanNutra plans to acquire specialty natural ingredients businesses from IFF, creating a group with sites across four countries an...
By Rafael Ortiz 2 months ago
Payments firms frame agentic AI as operating redesign, PYMNTS says
PYMNTS says AI agents are entering live financial workflows, requiring trusted data, connected platforms and governance before hig...
By Rafael Ortiz 2 months agoZilch and Rezolve Ai link rewards network to UK flexible payments
The partnership will let Zilch users access more UK retailer offers while giving brands a new route into Zilch’s payments and data...
By Rafael Ortiz 2 months agoSamsung launches Galaxy Card with Barclays on Visa network
Samsung’s first credit card offers up to 5% cash rewards and runs through Samsung Wallet, with Barclays US Consumer Bank as issuer...
By Rafael Ortiz 2 months agoAnt International secures $1.2bn equity financing for global push
Existing backers Ant Group and Alibaba joined the Series A round as the payments company targets merchant services and cross-borde...
By Rafael Ortiz 2 months ago
CD&R-backed OCS agrees £3.1bn take-private deal for Mitie
OCS Group International’s bid values London-listed Mitie at about £3.1bn and carries a 46.8% premium to its July 20 closing price,...
By Rafael Ortiz 2 months ago
FinWise buys Tallied card platform to bring processing in-house
FinWise Bancorp said the deal gives it ownership of credit card issuing, processing and servicing technology already used by its b...
By Rafael Ortiz 2 months ago