cleversoft Completes Acquisition of Fineksus
- 1 year 2 weeks ago
- RegTech
The cleversoft group has completed its acquisition of Fineksus, the leading provider of financial messaging and anti-money laundering (AML) solutions in Türkiye and the Middle East, after receiving all necessary regulatory approvals. The combination of both companies brings together cleversoft’s regulatory technology portfolio with Fineksus’ expertise in real-time transaction monitoring and fraud prevention.
NTT DATA Unveils Global Insights on GenAI Adoption in Banking: Divergent Strategies for Boosting Productivity vs. Cutting Costs
- 1 year 2 weeks ago
- Banking
NTT DATA, a global digital business and IT services leader, has today launched a new global research report uncovering the use of generative AI (GenAI) in the banking sector worldwide.
BNY Sends Largest Instant Payment in U.S. History, $10 Million, Following Transaction Limit Increase
- 1 year 2 weeks ago
- Payments
A new era of real-time, higher-value payments has begun. Today, The Clearing House and The Bank of New York Mellon Corporation announced the successful completion of the largest instant payment in U.S. history and the first-ever payment on the RTP® network exceeding $1 million, following the recent increase in the network’s transaction limit.
Kroll Expands Private Capital Markets Platform, Enhances Private Credit Analysis
- 1 year 2 weeks ago
- Infrastructure
Kroll, the leading independent provider of global financ
Youverse Joins the WE BUILD Project to Advance the EU Digital Identity Wallet
- 1 year 2 weeks ago
- Digital Identity
Youverse is proud to announce its participation in the WE BUILD project, a major European initiative selected by the European Commission to participate in the second round of large scale pilots for the EU Digital Identity Wallet.
Payd Secures USD 400,000 Seed Extension Funding to Transform Employee Financial Well-Being in Southeast Asia
- 1 year 2 weeks ago
- Fundraising News
Payd, a leading Malaysian fintech company specializing in Earned Wage Access (EWA) solutions, has successfully raised a USD 400,000 Seed Extension round from A2D Ventures, Orbit Startups, and AngelSpark. This investment will accelerate Payd’s mission to enhance the financial well-being of employees across Southeast Asia. Empowering Employees with Financial Flexibility
finova Launches New Mobile-First Onboarding App for Savers
- 1 year 2 weeks ago
- Personal Finance
finova, the UK's largest cloud-based mortgage and savings software provider, has today announced the launch of its new mobile-first onboarding app for savers, expanding its suite of products available for lenders and savings providers.
Finastra Simplifies Trade Finance With AI-Powered Assistant Using Microsoft Azure OpenAI Service
- 1 year 2 weeks ago
- Trading Systems
Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade Innovation solution. The tool, built on architecture powered by Microsoft Azure OpenAI Service, bridges the knowledge gap in the trade finance industry, providing users with instant, accurate, and context-aware assistance.
Conferma and WEX Simplify B2B Payments for Concur® Invoice Customers
- 1 year 2 weeks ago
- Payments
Leading virtual payments provider Conferma has partnered with global commerce platform WEX to enable Concur® Invoice customers to dramatically reduce costs and control their B2B payments spend.
Trustly and Kivra Set a New Standard for Seamless Digital Payments in Sweden
- 1 year 2 weeks ago
- Payments
Kivra and Trustly have developed a new generation of Autogiro, making automatic payments easier than ever. The service allows users to register direct debit with a simple BankID confirmation, lowering the barriers to sign-up. For businesses, the solution can drive more on-time payments, reduce administrative workload, and enhance the customer experience.
Trust Bank and TerraPay Launch First-of-Its-Kind International Payment Solution for Bangladeshi Students Going Abroad to Study
- 1 year 2 weeks ago
- Payments
Trust Bank, a leading private commercial bank in Bangladesh and TerraPay, a global money movement company have partnered to offer an innovative payment solution for all students in Bangladesh. This first-of-its-kind initiative, it’s an alternative to the traditional payment system, reshaping how Bangladeshi students pay tuition fees and manage living expenses while studying abroad.
NCR Atleos Honored With ATMIA Outstanding Service Award
- 1 year 2 weeks ago
- ATMs
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has received the ATM Industry Association (ATMIA) Outstanding Service Award.
Shawbrook Bank Slashes Product Development Time by 88% With AND Digital Partnership
- 1 year 2 weeks ago
- Banking
Shawbrook Bank, a leading UK specialist bank known for its tailored financial solutions, has transformed its mortgage product development process with AND Digital. Through the partnership, Shawbrook were able to reduce the time required to switch mortgage products from 107 days to 13, through AND Digital leading a comprehensive upskilling initiative to build a high-performing team while delivering critical software enhancements.
ADIB Becomes the First Islamic Bank to Adopt SWIFT’s Alliance Cloud Platform
- 1 year 2 weeks ago
- Payments
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first Islamic bank globally to have migrated to cloud-native architecture using ZERO footprint topology and the first bank in the UAE/GCC to successfully implement Swift’s Alliance Cloud platform. This collaboration will enable ADIB to further upgrade its financial messaging capabilities and leverage advanced technology to deliver secure, efficient, and...
Froda Expands Partnership With EIF – Unlocking €150 Million in First EU-Wide Microfinancing Guarantee
- 1 year 2 weeks ago
- Fundraising News
Froda, a leading provider in SME financing, has strengthened its partnership with the European Investment Fund (EIF), by securing an additional lending capacity of €100 million. This builds on an existing €50 million guarantee, bringing the total to €150 million and extending Froda’s financing reach across all 27 EU member states. The agreement marks Froda as the first company to establish an EU-wide microfinance partnership with the EIF,...
