Payment identity network iPiD has joined forces with Microsoft to builds an AI-powered name-matching tool for Verification of Payee (VoP).

Explaining the development of The National Underground Asset Register (NUAR) currently in pilot, a panel at Sustainable Finance.Live discussed the complexities involved in data sharing across organisations and across countries.

With one eye on an IPO, London-based buy now, pay later firm Zilch has raised $176.7 million in debt and equity.

Swiss bank UBS has announced a series of changes to its executive team including a reshuffle of its operations and technology roles.

Dutch co-operative Rabobank has used a low-code platform from Siemens’ subsidiary Mendix to rebuild an online-only banking portal that manages €18 billion for over 500,000 Belgium- and German-based corporate customers.

US card issuing platform Marqeta has strengthened its position in the UK and Europe through a deal to buy TransactPay. Separately, Marqeta CEO Simon Khalaf has left the firm and been replaced by current CFO Mike Milotich on an interim basis.

The paradigm of challengers and incumbents should be revisited in the light of widespread collaboration between the two, according to Tony McLaughlin of Citi and Mike Massaro, CEO of Flywire.

One of the world’s biggest online marketplaces selling stolen credentials has been shut down following an operation involving a host of law enforcement agencies.

Expense management startup Ramp has seen its valuation double to $32 billion in just six months off the back of a $300 million primary financing round and an employee tender offer.

NatWest has today announced it is teaming up with new space-enabled app, EV8, to support customers in their switch to electric vehicles.

The Bank for International Settlements is working with the European Central Bank and Detusche Bundesbank to explore how generative AI could be applied to improve inflation forecasting.

Visa has joined a $5 million funding round in Kenyan payroll provider Workpay.

This week, Governor Kelly Ayotte signed House Bill 302 into law, paving the way for NH’S Treasury to allocate up to 5% of public funds to these assets. The legislation is based on a plan by pro-Bitcoin non profit Satoshi Action Fund.

Japanese giant SoftBank has invested $40m in Dublin’s Nomupay, bolstering the firm’s ambition to provide an all access pass to the highly fragmented Asian market to international acquirers, merchants, Payment Service Providers and Independent Sales Organisations.

In the last panel of NextGen Nordics 2024 in Stockholm, ‘The future of AI – crystallising the potential of this technology’ speakers explored how AI and new trends in tech are impacting the payments industry.