Linnovate Partners ("Linnovate"), a leader in asset servicing and fintech for the alternative investment industry, is pleased to announce the successful closure of USD 40 million funding commitment by SeaTown Private Capital Master Fund. SeaTown Private Capital Master Fund is managed by SeaTown Holdings International Pte. Ltd. ("SeaTown"), a leading Asia-focused alternative investments firm that is owned by Seviora, Temasek's asset management group.

Fils, the fast growing, UAE based enterprise-grade digital infrastructure provider enabling companies to embed sustainability and climate action into their business models, today announced a major partnership with Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler.

docStribute, a leading UK RegTech (Regulation Technology) company specialising in regulated document distribution solutions, is excited to announce its strategic partnership with Hinckley & Rugby Building Society. This partnership reflects Hinckley and Rugby's focus on customer centricity through enhanced engagement with members, alongside the desire to move to more efficient business operations.

Know Your Customer (KYC) is a widely used technology for end-customer identity verification. KYC is essential in compliance and anti-money laundering efforts. For many businesses, such as cryptocurrency or investing platforms, KYC implementation is a compliance requirement before onboarding new clients. “Identity verification, which is part of KYC, is a valuable fraud prevention tool that can identify an account duplicate and prevent account takeovers,” said Lasma Kuhtarska, Noda’s co-founder & CSO. 

United Fintech is an industry-neutral Digital Transformation platform which enables banks and Financial Institutions to accelerate access to a range of innovative fintechs specialising in capital markets. This latest development from United Fintech builds on its mission to drive digital innovation, offer transformative solutions and enhance the capabilities of Financial Institutions worldwide.

Trustly, the global leader in open banking payments, is excited to announce a new partnership with Futon Company to introduce its 'pay by bank' service to their customers. This collaboration will enable a simpler, safer, and more efficient payment journey for millions of consumers.

Fenergo, the leading provider of digital solutions for know your customer (KYC), transaction monitoring and client lifecycle management (CLM), has bolstered its presence in the EMEA region with the appointment of Ruth Ormsby as Managing Director of EMEA. Ormsby started her role on 29 April.

Temenos today announced that Banque Internationale à Luxembourg (BIL), one of the largest universal banks in Luxembourg, has gone live with Temenos core banking and payments to increase agility and efficiency of its retail, corporate and private banking operations.

Improving the payments experience presents one of the largest opportunities in travel. Friction associated with travel payments stands in contrast to the instant, invisible payment experiences consumers have grown familiar with when paying digital native companies.