Latest News – Page 28

Mastercard Unveils On-Demand Decisioning Tool

Mastercard has introduced the On-Demand Decisioning (ODD) tool, providing financial institutions greater authority over authorization decisions. ODD enables issuers to establish decisioning criteria directly on...

Rainforest Secures $29 Million for Its Embedded Payment Platform

Rainforest, an embedded payment provider designed specifically for software platforms, has successfully raised $29 million in an oversubscribed Series B funding round. This round was...

BT Divests Radianz Business to TNS

BT is divesting its financial information business, Radianz, to Transaction Network Services (TNS). Radianz, which BT acquired from Reuters in 2005, operates a financial information...

Klarna Launches with a Premium Price Tag

Klarna has priced its IPO at $40.00 per share, resulting in a valuation of $15 billion. Early indications show strong demand, with the share price...

Revolut Obtains Preliminary Approval for UAE Payments License

Revolut is set to launch in the UAE after obtaining in-principle approval from the central bank of the Gulf region. The approval for Stored Value...

Revolut Launches Pay by Bank Feature

Revolut is set to launch a "Pay by Bank" option, advancing the future of merchant payments by bypassing card networks and allowing direct transactions from...

Scalable Capital Transitions to Banking Services

Digital wealth management platform and online broker Scalable Capital has received authorization from the ECB to operate as a fully-fledged bank, allowing it to conduct...

FCA Seeks Feedback on Plans to Eliminate Contactless Payment Limits

The UK's Financial Conduct Authority (FCA) is considering proposals to increase contactless payment limits for larger transactions. Initially mentioned in January, the FCA aims to...

Boerse Stuttgart Introduces Pan-European Settlement Platform for Tokenized Assets

Boerse Stuttgart is launching Seturion, a comprehensive blockchain-based platform designed for the settlement of tokenized assets across Europe and beyond. This innovative solution is accessible...

LSEG Proposes Sharing Data Center Rooftop Following FCA Competition Investigation

The London Stock Exchange Group (LSEG) has decided to relinquish its exclusive rights to the rooftop of its data center building. This move aims to...