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AutoRek wins in ‘Payments Innovation’ category at Scottish Financial Technology Awards 2022

Bobsguide

Leading fintech company AutoRek is delighted to have been recognised at the Scottish Financial Technology Awards 2022 , held on Thursday, 6 October, where it won in the ‘Payments Innovation’ category. The recognition is a reflection of the hard work, dedication and innovation of the AutoRek team behind the scenes. “We

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SoFi To Buy Galileo Financial Technologies In $1.2B Deal

PYMNTS

In a deal valued at over a $1 billion, SoFi said it has inked a definitive deal to buy Galileo Financial Technologies. The digital payments platform of Galileo provides savings and checking account-like abilities through its open application programming interfaces (APIs). I think it’s very powerful.”.

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HSBC India joins forces with Open Financial Technologies

The Paypers

HSBC has partnered with business payments platform Open Financial Technologies aiming to simplify payment processes for its business customers in India.

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Western Union expands collaboration with Tencent Financial Technology

The Paypers

Western Union has expanded its collaboration with Tencent Financial Technology to partner with Tenpay Global, Tencent’s cross-border payment platform.

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Central Payments partners with Galileo Financial Technologies

The Paypers

Payments technology provider Central Payments has announced its partnership with US-based Galileo Financial Technologies for a long-term processing services renewal.

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Financial Technology Company Cross River Raises $100 Million In Funding

PYMNTS

Cross River, a provider of banking services for financial technology companies, has raised about $100 million in a funding round, according to a report by the company. A large portion of the money — $75 million — was from KKR, a global investment firm.

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7 Ways Instant Payments Impact Deposit Performance

South State Correspondent

With almost 30% of our banks utilizing some portion of instant payments, the industry is starting to gather more data on how instant payments impact balances, customer acquisition, and account usage. Instant payments have the potential to change the payment landscape for banks. But those are surveys. bank accounts.

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