Thredd and Zilch announced Growth and Renewed Partnership

Thredd, the rapidly expanding next-generation global payments platform, reports both industry-wide growth in fintech-led digital payments and the renewal of its partnership with Zilch, the world’s first ad-subsidised payments network (ASPN). This positive trajectory, coupled with recent product and market expansion, adds further momentum to Thredd’s leadership in modern payments processing. “2024 continues to build on the robust foundation we established in 2023. Our clients, both new and old, are driving strong transaction growth, through a...

XXImo appoints Rick Centeno as its new CEO

XXImo, the innovative mobility payment platform provider, is excited to announce the appointment of Rick Centeno as its new CEO, effective August 1, 2024. Centeno will spearhead the company’s mission to become the foremost provider of payment solutions in the European mobility sector. Rick Centeno brings a wealth of experience to XXImo, having been involved with the company since June. His impressive track record in scaling and transforming payment organizations at renowned companies such as Zalando and Booking.com makes...

Nacha Preferred Partner Program Adds Four New Categories

Four new categories of Nacha Preferred Partners were unveiled, doubling the number of categories available for organizations to showcase their leadership in the ACH Network. Nacha Preferred Partners offer products and services that align with Nacha’s core strategies to advance the modern ACH Network. The new categories are: Account Validation: Boosting transaction accuracy and reducing risk on the ACH Network through advanced verification technologies, real-time validation and fraud detection mechanisms. Fraud Monitoring: Enhancing ACH transaction...

WorldFirst announced the launch of a new function

WorldFirst, a one-stop digital payment and financial services platform for global businesses, especially serving SMEs in international trade, has launched a function to enable real-time payment between holders of its flagship multicurrency business account World Account as WorldFirst continues to increase speed and efficiency of secure international business payment. This function will benefit British and European SMEs that import from international markets. This capability allows these businesses to promptly pay their overseas suppliers free of...

First Citizens Expands Middle Market Banking to Serve Northeastern U.S.

First Citizens Bank announced that its Middle Market Banking group is expanding in the Northeastern U.S., leveraging its deep middle market expertise to provide a full-suite of financial solutions to midsize businesses across the region. Since its launch in 2022, First Citizens Middle Market Banking has been on a continuous growth trajectory and has cultivated a high-performing team of banking experts positioned to serve clients in a wide range of industries nationwide. The group’s Northeast expansion...

Burnt-Out Finance Teams Seek Automation Amid Economic Uncertainty

55% of finance professionals are reportedly experiencing burnout, with 58% planning to leave the sector and follow a different career path. With mounting economic uncertainty, finance teams are facing budget cuts, fewer resources and higher burnout than ever before, contributing to these figures. The resulting pressure and stress are adding up, and organizations are scrambling for solutions. AI and automation are being leveraged across professional industries to lighten the load on employees as well as...

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