EthSwitch Marks 1 Million in a Single Day EthioPay-IPS Transactions as Platform Wins Best Financial Inclusion Award with The Asian Banker June 4th, 2026, Addis Ababa – BPC, a leading global payment software and service company, today announced that EthSwitch, Ethiopia’s national payment switch, a share company owned by the National Bank of Ethiopia, public and private banks, MFIs, PIIs and PSOs, has reached a major milestone with its technolgoy as EthioPay-IPS surpasses 1 million in a ...

Read the whole story

Lorum extends correspondent rails into yield, taking on the BNY model for mid-market financial institutions New York, June 4, 2026—New cash management capability lets institutional treasurers earn yield on idle balances alongside clearing, custody, and FX, through a single account structure with no lending book and no rehypothecation. Lorum has announced the upcoming launch of a yield-bearing capability within its cash management offering for institutional treasurers. The capability e...

Read the whole story

REPAY Completes Acquisition of KUBRA REPAY Becomes a Leading Consumer Bill Payment Provider Announces Investor Day for December 2026 ATLANTA – Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of integrated payment processing solutions, today announced that it has completed the acquisition of Kubra Data Transfer LTD. (“KUBRA”). Under the terms of the agreement, REPAY acquired KUBRA for $372 million in cash. REPAY announced th...

Read the whole story

CareCredit Now Available at LiveLoveSpa.com Checkout, Marking First eCommerce Partnership in the Cosmetic Space LiveLoveSpa.com becomes the first eCommerce partner in the cosmetic space to offer the CareCredit credit card as a seamless checkout option, giving consumers more options to pay for skincare and beauty products Key Highlights: A first in beauty eCommerce: LiveLoveSpa.com becomes CareCredit’s first cosmetics eCommerce partner to offer CareCredit as a built-in checkout ...

Read the whole story

UK banks and fintechs join forces to launch new payment scheme New UK payment scheme will enable widespread adoption of account-to-account payments under government’s National Payments Vision London, UK – 2 June 2026 – Today at Money2020, UK Payments Initiative Ltd (UKPI) launched a scheme designed for the next-generation of open banking payments, marking a turning point in the availability of alternatives to traditional card-based and direct debit payments. Open banking ...

Read the whole story

Sezzle Expands Super App Platform Following Strong 1Q26 Results Sezzle's Earn tab now features a new rewards currency, expanded cashback, and AI-powered experiences across the platform June 03, 2026 08:34 ET | Source: Sezzle Minneapolis, MN, June 03, 2026 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ: SEZL) (Sezzle or Company) is expanding well beyond buy now, pay later. With nearly 5 million Earn tab visits in under a year, the company is seeing proof consumers want to use Sezzle fo...

Read the whole story

Jun 2, 2026 1:16 PM Eastern Daylight Time XFolio AI Acquires Absolute Payment Solutions to Unify Treasury and Payments for UK Corporates LONDON & PARIS--(BUSINESS WIRE)--XFolio AI (xfolio.ai), a Paris-based treasury and cash management technology group, has acquired Absolute Payment Solutions (APS) (https://www.absolutepayments.com/), one of a select number of Pay.UK-accredited Bacs service providers in the UK. This acquisition creates an integrated platform spanning Bacs and all payme...

Read the whole story

Jun 3, 2026 5:00 AM Eastern Daylight Time XTransfer Partners with BBVA Advancing Cross-Border Payments Across Latin America and Europe AMSTERDAM--(BUSINESS WIRE)--XTransfer, the world’s leading B2B cross-border trade payment platform, and BBVA, a global financial group, have signed a Memorandum of Understanding (MOU) during Money20/20 Europe 2026 in Amsterdam to deepen cross-border payment infrastructure across Latin America and Europe. XTransfer partners with BBVA, advancing c...

Read the whole story

Jun 3, 2026 8:00 AM Eastern Daylight Time New SRM Report Outlines Forces Driving Unparalleled Growth in M&A Activity and Execution Strategies for Financial Institutions Report offers new insights into trends, competitive strategies, and opportunities driving the current wave of bank and credit union consolidation. MEMPHIS, Tenn.--(BUSINESS WIRE)--SRM, a trusted advisory firm serving financial institutions globally, today announced the release of its latest Perspectives report on M&A...

Read the whole story

Jun 3, 2026 9:00 AM Eastern Daylight Time Klarna and Ulta Beauty Partner to Bring Flexible Payments to U.S. Beauty Shoppers NEW YORK--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, today announced a partnership with Ulta Beauty, the largest specialty beauty retailer in the U.S., to bring flexible payments to millions of U.S. customers shopping on Ulta.com or through the Ulta Beauty app. Ulta Beauty shoppers can now enjoy more flexibility when shoppi...

Read the whole story