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Latest news

Finastra announces leadership shakeup as CEO to step down

Chief executive officer Simon Paris, who oversaw the merger of Misys and D+H in 2017 to form Finastra, is preparing to step down.

B2B payments platform Tranch acquired by legal tech provider Elite

Tranch, which is based out of London and New York, offers invoice management and turnkey payment solutions for law firms and their clients.

Ghana’s central bank releases draft Open Banking Directive

The Bank of Ghana is seeking feedback from stakeholders on the Open Banking Directive, which aims to “accelerate the adoption of digital financial services”.

Levenue partners with Newfound to give SMEs access to growth capital

Levenue connects businesses with investors across the UK and Europe, enabling them to secure funding based on their monthly recurring revenue.

Fiserv to boost embedded finance offerings with acquisition

The acquisition of Payfare is expected to close in the first half of 2025, according to Fiserv.

European Payments Council seeks API test toolbox provider for VoP scheme

The European Payments Council’s Verification of Payee scheme comes into effect in October this year.

UK pensions administrator integrates HSBC’s payment pre-validation API

Third-party pensions administrator Aptia has adopted HSBC’s advanced payment solution.

Plaid reveals the US institutions most prepared for Open Banking

The research conducted among more than 200 bank executives also found that Open Banking is perceived as more than a compliance obligation by FIs.