Transactions stories

TanX has hit a quarterly trading volume of USD $1 billion, marking a 70% rise and underscoring the growing reliance on decentralized trading platforms.

Weel has promoted Damon Hauenstein to CFO and COO as the company scales up, aiming to further accelerate its growth trajectory, processing AUD $500 million annually.

UK's eflow Global launches EMIR Refit Readiness Audit, providing firms complimentary consultations to prepare for the upcoming, stringent derivatives reporting rules.

Accor partners with Stripe to streamline payments across 5,600 global establishments, enhancing customer experience as Australia's tourism sector rebounds.

JLL boosts its data centre services in Japan by appointing Fuminiro Asaki, Masue Suzuki, and Andrew Dolan to lead its enhanced platform, meeting rising investor demand.

Pax8 has promoted Nick Heddy to President and Chief Commerce Officer, harnessing his extensive experience to drive future growth and innovation in the cloud commerce marketplace.

Jio Financial Services launches the 'JioFinance' app beta, aiming to revolutionise digital banking and financial activities for Indian citizens.

Trustly’s 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.

Currencycloud and Pyvio are partnering to enhance cross-border payment solutions for Chinese e-commerce businesses, aiming to simplify transactions in emerging markets.

Trustly's Azura checkout technology has transformed consumer payment habits across Europe, boosting spending, frequency, transaction speed, and conversion rates.

Metropolis, a bustling SocialFi network with 400+ creators and brands, unveils user-owned digital identities via .metropolis Web3 domains in partnership with Unstoppable Domains.

ASK Partners has facilitated over £45m in exchanges through its unique secondary market platform for high-net-worth property investors.

Litera's generative AI, Foundation Dragon, improves legal deal term processing by giving instant access to past transaction data, enabling law firms to negotiate from a position of strength.

Extend unveils 'team budgets', a novel feature designed to enhance spend regulation, secure transactions and foster autonomy amongst finance leaders on its platform.

SAP Concur and Mastercard join forces to simplify expense processes, integrating transactions on corporate cards into Concur Expense to enhance user experience and compliance adherence.

Dvara Money's tech-savvy union with Jana Small Finance Bank promises to propel digital banking in Bharat, optimising customer experiences through an integrated UPI solution.

Sovos debuts the industry's first unified tax compliance and regulatory reporting solution, the Sovos Compliance Cloud, aiming to streamline global compliance after eight years and substantial investment.

Juniper Research predicts a 138% jump in transactions via biometric-enabled Point of Sale (POS) terminals, climbing from 19.5 billion in 2023 to 46 billion by 2028.

New Relic introduces Pathpoint, an innovative tool for business observability, merging IT data with commercial results for improved customer experiences.

Surging retail theft via self-checkouts sees cart-based losses doubling in a year, costing the average store over $102k annually, reveals an Everseen report.