PPI AG, the Hamburg, Germany-based payments consultancy and supplier, has announced a collaboration with Broadridge Financial Solutions, Inc.

Allica Bank, the business bank dedicated to empowering small and medium-sized businesses to succeed, has continued its recent growth with a trio of senior fintech hires, strengthening its commitment to deliver expert banking for business Britain.

Genesis Global Technology Limited (hereafter Genesis), the global financial markets software firm, has received a strategic investment from Citi via its Markets FinTech Investments and SPRINT groups to leverage Genesis’ “Low-Code Application Platform” (LCAP) to drive its key innovation priorities. Genesis’ LCAP, enables financial firms to accelerate the delivery of technology roadmaps with a clear focus on identifying and delivering digitization opportunities across business lines.

Finastra today revealed Fusion Payments To Go – its payments solution aimed at small and medium-sized banks looking to implement domestic and cross-border payment services in Europe, the US and South Africa.

Bottomline Technologies (NASDAQ: EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced a partnership with Dow Jones Risk & Compliance, that adds key data to Bottomline’s Anti-Money Laundering and Counter Terrorist Financing monitoring and screening capabilities, used to identify and thwart illicit transactions.

Nexi S.p.A. (“Nexi”), the PayTech leader in digital payments in Italy, and SIA S.p.A. (“SIA”), the Italian and European leader in payment technology and infrastructure services, controlled by Cassa Depositi e Prestiti (“CDP”) through its subsidiary CDP Equity (“CDPE”), signed a memorandum of understanding (“MoU”) regarding the integration of the two groups through the merger by incorporation of SIA into Nexi.
 

The Covid-19 Catalyst

Trends that were becoming clearer in June are now moving more rapidly.

Venio, the mobile application providing "nano-credit" facilities to unbanked consumers in emerging markets accessed via a smartphone, has expanded its services nationwide across the Philippines on the back of successful metro launches across Mega Manila, Cebu and Davao. Venio has also continued its Local Convenience Store and Merchant acquisitions into six new municipalities within the capital Metro Manila, bringing the app to full nationwide availability and increasing local neighbourhood store access across Manila.