UK retailers are feeling the squeeze from fraud like never before. According to payabl.’s Fraud in Europe report, nearly half of UK retail leaders (48%) have considered closing or scaling back their operations due to fraud’s financial and reputational impact.
Cardless, a leading credit card technology platform, is the engine behind Bilt Card 2.0, a trio of new credit cards that for the first time lets homeowners earn rewards on mortgage payments. The platform provides the full digital infrastructure that powers card activation, autopay, transaction management, and dispute resolution—all embedded within the Bilt app.
SWBC Payment Protection Group is modernizing the way borrowers file payment protection claims. The company has unveiled an enhanced borrower portal that allows clients to submit claims and supporting documentation online, including fully fillable Spanish-language forms. The move promises faster processing times and a more inclusive digital experience.
State Street Investment Management has announced a strategic minority investment in Groww Asset Management Limited (Groww AMC), the asset management arm of India’s fast-growing digital investment platform Billionbrains Garage Ventures. The deal, pending regulatory approval, reflects State Street’s push to democratize investing while expanding its footprint in one of the world’s most promising wealth markets.
Klarna, the global digital bank and flexible payments provider, has launched instant peer-to-peer (P2P) payments across 13 European markets, letting users send money to friends and family directly through the Klarna app. The feature aims to make transfers as seamless as handing someone cash—but with the safety of a regulated bank.
Visa and BVNK, a leading provider of stablecoin infrastructure, have announced a strategic partnership that will integrate BVNK’s technology into Visa Direct, the $1.7 trillion money movement network. The collaboration will allow select business clients to fund payouts with stablecoins and enable recipients to receive payments directly in digital dollars.
VoPay International Inc., a global fintech infrastructure platform, has announced the establishment of its global headquarters in Doha, Qatar, marking a strategic move to expand digital financial infrastructure across high-growth regions including the Middle East, North Africa, Africa, and Southeast Asia. The company will continue supporting operations in North America, Europe, and Latin America.
BitGo Holdings, Inc., a leading digital asset infrastructure provider, announced that NYU Langone Health will use BitGo Bank & Trust to enable cryptocurrency donations. This move positions the academic medical center at the forefront of digital asset philanthropy, opening new channels for fundraising and engaging donors who prefer crypto contributions.
Pluto Financial Technologies, Inc. has officially launched the first AI-powered lending platform designed specifically for private markets, backed by heavyweight investors including Motive Ventures, Portage, Apollo Global Management (NYSE: APO), Hamilton Lane (Nasdaq: HLNE), Tectonic Ventures, and Broadhaven Ventures. The startup has raised $8.6 million in equity and secured hundreds of millions in lending capacity, signaling its intent to transform private market liquidity.
Corporate payouts platform Onbe has tapped Kevin Ryan as its new Chief Financial Officer, signaling a strategic push to scale its financial operations and accelerate its growth trajectory. Reporting to CEO Bala Janakiraman, Ryan will oversee FP&A, Accounting, and Treasury functions while collaborating with the executive team to execute Onbe’s long-term vision.
