International Business Payments
16 articles
Funding Circle CEO Lisa Jacobs announces planned departure by 2027
Funding Circle's CEO Lisa Jacobs has told the board she will step down by September 2027 after more than a decade at the company. The board has started searching for a successor as the platform continues to expand its SME lending operations
OpenPayd targets US expansion with billion dollar Nasdaq move
OpenPayd is set to merge with MSB USA and integrate 43 state money transmitter licenses, aiming to secure a $1.145 billion Nasdaq listing and expand regulated payment services for global clients entering the US market
KB Kookmin Bank launches instant blockchain payments with JP Morgan
KB Kookmin Bank and JP Morgan have unveiled a blockchain-based payment service for Korean businesses, promising near-instant US dollar settlements across major trade corridors and marking a shift in cross-border corporate payments
Eftsure expands global reach with Relish acquisition and AI integration
Eftsure's purchase of US-based Relish brings advanced AI-powered vendor validation and invoice automation under one roof, aiming to secure payments for over 4,000 businesses across 190 countries
Triodos Bank Appoints Lauren Couch to Lead UK Business Lending
Triodos Bank has named Lauren Couch as head of business banking in the UK, aiming to strengthen its impact lending across sectors like energy, food, and nature. The move comes as the bank returns to profitability after a challenging year
US Bank Investment Services Adopts Fenergo Platform for Client Onboarding
US Bank Investment Services has implemented Fenergo's Fen-X platform to automate onboarding and lifecycle management for alternative investment clients, aiming to streamline compliance and reporting across multiple business lines
How Banks Are Rethinking Revenue Management for Future Growth
Banks are moving away from fragmented revenue processes and adopting enterprise-wide strategies that link pricing, billing, and collections to customer value, compliance, and profitability. This shift is reshaping how banks compete and adapt to new financial models
Navi Raises $100 Million from Prosus Ahead of Planned India IPO
Navi, the digital payments and lending platform led by Flipkart co-founder Sachin Bansal, has secured a $100 million investment from Prosus as it prepares for a potential stock market listing in India
Canadian Dollar Drops as US Tariff Threats Escalate Trade Tensions
The Canadian dollar lost ground against the US dollar after new US tariff threats on Canadian autos and steel, raising concerns for exporters and cross-border supply chains as trade negotiations falter
Barclays to Appoint Adeel Khan and Mike Joo as Investment Bank Co-CEOs
Barclays will introduce a new co-CEO structure for its Investment Bank in February 2027, naming Adeel Khan and Mike Joo to lead the division. The move signals a significant leadership transition and may affect the bank's global strategy.
Stripe to Acquire OpenRouter in $7 Billion AI Payments Deal
Stripe is set to buy OpenRouter, an AI infrastructure start-up, for over $7 billion, signaling a major move beyond payments into AI-driven billing and cross-border payment technology.
Wells Fargo to Launch Tokenised Deposits for USD-GBP Payments
Wells Fargo is preparing to introduce a blockchain-based service for corporate clients, enabling cross-border and account-to-account payments in US dollars and British pounds using tokenised deposits, with broader expansion planned for 2027
SIDBI Expands Invoice Validation With MonetaGo Secure Financing
India's Small Industries Development Bank has rolled out MonetaGo's Secure Financing system across its GST-Sahay platform, aiming to reduce invoice fraud and improve credit access for micro, small, and medium-sized businesses
MVB Bank Automates Compliance Checks With Bretton AI Partnership
MVB Bank is outsourcing its initial KYC and AML compliance screening to Bretton AI, aiming to boost efficiency and consistency while managing regulatory risk as its embedded finance and payments business grows
Ordway Raises $20 Million to Boost AI in Billing Automation
Ordway, a Washington DC-based billing platform, has secured $20 million in new funding to accelerate its AI-driven automation and forecasting tools, aiming to double its research and development budget and expand into payment processing
Nayax Seeks US Bank Charter for Embedded Finance Expansion
Nayax has applied to establish a chartered bank in Connecticut, aiming to expand its embedded finance services for US businesses. The move could reshape how small and medium firms access payments, deposits, and credit tools