Category : Banking

Banking Finance News

FIS Selected to Streamline Reconciliations for Australia’s Largest Bank

Business Wire
Key facts: Commonwealth Bank of Australia (CommBank) is adopting FIS Data Integrity Manager to consolidate and automate reconciliation across the bank. Delivered in a SaaS model, the solution will process over 150 million transactions daily on a single, unified platform, enhancing operational efficiency and scalability. FIS is delivering the solution......
Digital Payments Finance News

Marqeta Announces Appointment of Lukasz Strozek as Chief Technology Officer

Business Wire
Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced the appointment of Lukasz Strozek as the Company’s Chief Technology Officer, effective May 18, 2026. Mr. Strozek will lead the company’s global technology and engineering functions. Mr. Strozek is a technology executive with 20 years of experience leading engineering organizations......
Digital Payments News

Global Payments Expands Partnership with Lightspeed DMS to Power Embedded Payments for Dealerships

Business Wire
Global Payments Inc. (NYSE: GPN) today announced that its Integrated and Platforms business has secured the renewal and expansion of its partnership with Lightspeed DMS, a premier provider of integrated dealer management systems for the recreational industry. This new agreement exemplifies how the breadth of offerings from Global Payments enables growth......
Banking Investment Services News

Monalee Rebrands as Artemis and Raises $6 Million Amid Ongoing Litigation Following Loan Default

EIN Presswire
Lender Alleges Concealed Bank Accounts, Misrepresentations, Diversion of Secured Collateral, and Fraudulent Transfers Involving Artemis CEO Walid Halty Applied Real Intelligence (“A.R.I.”), a private investment firm specializing in secured growth lending and structured equity transactions, has filed lawsuits in New York and Massachusetts against Mona Lee Inc. (“Monalee”), now doing......
Digital Payments Finance News

SecondFi and Wirex Partner to Launch Self-Custodial Card, Putting Global Users in Full Control of Their Money

PR Newswire
Building on the success of the Cardano Card and driven by overwhelming community demand for true asset ownership, SecondFi and Wirex introduce a self-custodial card that lets users spend crypto and fiat anywhere Visa is accepted without ever giving up custody of their funds. SecondFi, the self-custodial neofinance platform from EMURGO,......
Digital Payments Fintech News

TAP, Inc. Launches TAP Pay, a Verified Payments Layer for Peer and SMB Payments

GlobeNewswire
TAP, Inc., a financial technology company delivering a platform for multi-asset investing, payments, and blockchain-based financial markets infrastructure, today announced the launch of TAP Pay, the payments and money movement layer of the TAP platform. TAP Pay connects verified users to their USD deposit account functionality through FDIC-insured partner banks,......
Banking Finance News

Eltropy Names Kavitha Nalla as Chief Financial Officer

EIN Presswire
Longtime finance leader steps into CFO role after helping scale Eltropy’s operations and growth Eltropy, the leading agentic AI platform for credit unions and community banks, today announced the appointment of Kavitha Nalla as Chief Financial Officer. Kavitha has been a trusted partner in building the operational rigor behind our......
Banking Finance News

Eastern Bank Announces Leadership Appointment In Commercial Lending

Business Wire
Yongmei Chen Promoted to Commercial Group Director of Community Development Lending Eastern Bank announced a key leadership update within its Commercial Lending Team. Senior Vice President Yongmei Chen has been promoted to Commercial Group Director of Community Development Lending. She succeeds Pamela Feingold, who served in the role until her......
Digital Payments News

Mesh and Stellar Announce Integration to Advance Stablecoin Payment Settlement

PR Newswire
Mesh, the leading crypto payments network, announced its integration with the Stellar network, establishing Stellar as a core settlement layer across the Mesh ecosystem and laying the groundwork for deeper collaboration to advance stablecoin-powered payments at global scale. Global payment flows have always demanded more than speed. Enterprises need settlement......
Digital Payments Finance News

Payward to Acquire Reap to Expand B2B Offering with Global Payments Infrastructure

Business Wire
Acquisition will extend Payward’s globally regulated superinfrastructure into the global cards and payments space Payward, Inc., a unified financial infrastructure platform advancing an open, global financial system, today announced it has entered into a definitive agreement to acquire Reap Technologies Holdings Limited (“Reap”), a leading stablecoin-native, card issuing and payments......
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