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GoCardless appoints Shaun Puckrin as chief product officer

GoCardless, the bank payment company, today announces the appointment of Shaun Puckrin as Chief Product Officer.

/payments

Recharge leaps into B2B with UK Giftcloud acquisition

Recharge, the European leader in prepaid payments, has acquired Giftcloud Limited from Groupon, Inc. (NASDAQ: GRPN), marking a strategic and accelerated expansion into the fast-growing B2B rewards space.

/payments

Wise releases Q4 FY25 trading update

We are progressing on our vision to become the network for the worldʼs money, as quarterly cross-border volumes grew 28% YoY to £39.1bn and Wise customer holdings grew by 33% to £21.5bn

/payments

Mollie enables Tap to Pay on iPhone for businesses in Ireland

Mollie, one of Europe’s fastest-growing financial service providers, has enabled Tap to Pay on iPhone for its Irish customers.

/payments

PayPal and TerraPay collaborate on cross-border payments across the Middle East and Africa

PayPal, a global digital payments and commerce platform, today announced a strategic partnership with TerraPay, a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa.

/security

Burbank expands access to Card Present Over Internet tech with jPOS

Burbank has today announced a major strategic partnership with global payments technology provider Transactility (creators of jPOS) to accelerate the adoption of Card Present over Internet (CPoI) across the banking sector.

/retail

Mediterranean Bank selects Finastra for core banking shift

Finastra, a global provider of financial software applications, today announced that Mediterranean Bank, a provider of retail and corporate banking services in Libya, has selected its core banking solution, Finastra Essence, to deliver advanced digital banking services to its customers.

/regulation

SmartStream launch one-stop registry service for regulatory compliance

SmartStream, the financial Transaction Lifecycle Management (TLM) and solutions provider, today announces the launch of its RegRegistry Service as part of its Reference Data Services (RDS) business. The new offering consolidates multiple regulatory indicators - including counterparty and venue classifications - from authorities such as ESMA, FCA, GLEIF, CFTC, and ISO MIC, ensuring firms stay compliant across various global jurisdictions.

/retail

Candescent opens new Bangalore office

Candescent, a leading independent digital banking technology provider, today announced the opening of its new office in Bangalore, India, to support ongoing talent investment and accelerate product delivery. A ribbon cutting ceremony will take place today to celebrate the milestone.

/ai

Better.com retires $530m in debt, unlocks $265m in equity

Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better” or “Better.com” or “the Company”), the leading AI home finance company with over $100 billion of mortgages funded on its Tinman™ AI platform, today reported that it has restructured its outstanding convertible notes with its lender to retire approximately $530 million of outstanding debt in exchange for a one-time cash consideration of $110 million and the issuance of $155 million of new senior secured notes from SB Northstar LP, the Company’s existing noteholder, which will be due December 31, 2028 and will accrue interest at a rate of 6% per annum that is payable, at Better’s option, in kind (PIK) or in cash.

/people

Puneet Malhotra’s joins Personetics as chief revenue officer

Personetics, the Cognitive Banking company that is transforming the way banks build and monetize customer relationships, announced today that Puneet Malhotra has joined the organization as Chief Revenue Officer.

/wholesale

US Bank opens 'Business Essentials' checking account

U.S. Bank has launched a premier all-in-one checking account combined with payments acceptance capabilities for small businesses.

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