In an era of accelerated digital transformation and globalized commerce, legacy payment systems are proving inadequate for modern business needs. From high cross-border transaction costs to fragmented crypto-to-fiat workflows and outdated employee reimbursement models, enterprises are demanding smarter, branded, and more agile payment tools.
Brazil’s instant payment system, Pix, used by over 170 million consumers, today takes a bold step forward with the launch of Pix Automático -a recurring payments feature designed to expand financial access and fuel digital commerce. This new capability is expected to significantly benefit subscription-based global platforms such as SaaS providers and streaming services, enabling…
Wollette, the British technology company transforming commerce, payments, and consumer engagement, has officially announced WollettePay — a groundbreaking one-tap payment system built on open banking rails and set to launch in Q4 2025.
Vastrell Securities (VRS), a global provider of diversified financial services and a wholly-owned subsidiary of Morgan Stanley, today announced a major expansion initiative aimed at reinforcing its presence across the Asia-Pacific region. The move underscores Vastrell’s long-term belief in the region’s economic growth trajectory and evolving investor needs.
Juniper Square, a leader in connected fund software and services for private markets, has announced the closing of its Series D funding round, raising $130 million. This round was led by Ribbit Capital, with strategic participation from Fifth Wall, Redpoint Ventures, HighSage Ventures, Blue Owl Capital, and others.
MoneyGram, a global leader in digital and cross-border payment solutions, has appointed Lamia Pardo as its new Chief Marketing Officer (CMO), effective June 16, 2025. Pardo will lead all global marketing efforts with a focus on sustainable growth, customer acquisition, retention, and long-term brand loyalty.
Truist Financial Corporation has announced the appointment of Charles Alston as Head of its newly formed Nonprofit Hospitals, Higher Education, and Government (HHG) banking team. The move underscores Truist’s commitment to deepening its reach in specialized sectors and delivering tailored solutions to nonprofit and public-sector clients across the U.S.
Jingle Pay, a fast-growing digital financial services platform active in the Middle East and South Asia, has announced a strategic collaboration with global money transfer leader Western Union. The partnership will focus on enhancing international remittance services from select markets to bank accounts and mobile wallets worldwide, expanding access and speed for millions of users relying on cross-border financial support.
PingPong, a pioneer in cross-border embedded payment solutions, has introduced InvestXB, an advanced infrastructure platform tailored for alternative investment managers, administrators, and corporate solution providers operating in Luxembourg. Since establishing a presence in Luxembourg in 2017, PingPong has expanded its capabilities to support global investors and assets efficiently and compliantly.
DocTract, a leader in policy management solutions, today announced the launch of DocTract AI, a breakthrough artificial intelligence (AI) capability that redefines how organizations create, manage, and ensure compliance with their policies. Designed to streamline operations and reduce compliance risks, DocTract AI integrates cutting-edge AI and machine learning (ML) directly into the DocTract platform.
