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Western Union and Penny Pinch Launch International Money Transfer Services

Western Union and Penny Pinch today announce that they have launched international money transfer services in the Penny Pinch app. The co-branded service enables customers in the country to send and receive money globally, based on their convenience and needs.

Thursday, February 6, 2025 - 08:37
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/news/money-transfers/western-union-and-penny-pinch-launch-international-money-transfer-services
Financial IT
Montagu to Acquire Temenos AG’s Global Fund Accounting Software Business, Multifonds

Montagu, a leading private equity firm, has announced that it has agreed to acquire Multifonds in a carve-out transaction from its corporate parent, Temenos AG (“Temenos”).

Thursday, February 6, 2025 - 08:33
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/news/infrastructure/montagu-acquire-temenos-ags-global-fund-accounting-software-business-multifonds
Financial IT
Mastercard and Payrails Empower Large Enterprises to Navigate the Digital Economy With Next-Generation Payment Capabilities

Mastercard has joined forces with Payrails, a payment technology company, to accelerate digital payment transformation and foster innovation tailored to the needs of large enterprises. Through this partnership, the two companies aim to provide efficient payment solutions that enable global businesses to streamline complex transactions, boost flexibility, and optimize financial operations.

Wednesday, February 5, 2025 - 16:17
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/news/payments/mastercard-and-payrails-empower-large-enterprises-navigate-digital-economy-next
Financial IT
Rapidly Expanding Islamic Home Finance Fintech Offa Hires New Staff

Offa, the UK's leading Islamic property finance fintech firm, has announced a new raft of appointments as the company expands rapidly.

Wednesday, February 5, 2025 - 15:56
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/news/people-moves/rapidly-expanding-islamic-home-finance-fintech-offa-hires-new-staff
Financial IT
Bitso Expands Stablecoin Offering by Enabling USDT on Polygon and USDC on Solana

Bitso, the leading crypto-powered financial services  company in Latin America, continues to expand its listing offering for its clients by enabling the  use of stablecoins USDT on Polygon and USDC on Solana. 

These updates will allow investors to have more network options to move their favorite stablecoins faster and at a lower cost. 

Wednesday, February 5, 2025 - 15:51
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/news/cryptocurrencies/bitso-expands-stablecoin-offering-enabling-usdt-polygon-and-usdc-solana
Financial IT
Monument Appoints Shaun Bohannon as CTO to Drive UK Growth After 500% Deposit Surge

Monument (the bank), the UK’s pioneering cloud-native bank dedicated to serving the mass affluent, today announces the appointment of Shaun Bohannon as Chief Technology Officer (CTO).

Shaun will play a pivotal role in driving Monument’s mission to provide innovative, high-quality financial solutions to the UK’s 11 million mass affluent individuals, who collectively hold over £6 trillion in wealth.

Wednesday, February 5, 2025 - 15:46
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/news/people-moves/monument-appoints-shaun-bohannon-cto-drive-uk-growth-after-500-deposit-surge
Financial IT
OMB Bank Launches OMBX, a Premier Embedded Finance Platform

OMB Bank proudly announces the launch of OMBX, a dedicated embedded finance division designed to empower fintechs and other digital companies with seamless banking solutions. With seven fintech clients already operating and several more in its pipeline, OMBX is positioned to become a premier embedded finance partner within the industry.

Wednesday, February 5, 2025 - 15:43
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/news/banking/omb-bank-launches-ombx-premier-embedded-finance-platform
Financial IT
Okoora Launches Embedded Finance Services in the U.S. Market

Okoora, a leading provider of embedded finance and foreign exchange (FX) risk management solutions, today announced its expansion into the American market. The company offers its embedded finance solutions and suite of core APIs to financial institutions, fintech firms and non-financial services companies operating in the U.S.  These organizations can leverage okoora's offerings for their own operations or integrate them into their own service offerings to benefit their customers.

Wednesday, February 5, 2025 - 14:25
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/news/infrastructure/okoora-launches-embedded-finance-services-us-market
Financial IT
Rapid GenAI Application Adoption Drives New Era of Application and Infrastructure Modernisation

Nutanix , a leader in hybrid multicloud computing, today announced the findings of its seventh annual Enterprise Cloud Index (ECI) survey and research report, which measures global enterprise progress with cloud adoption.

Wednesday, February 5, 2025 - 14:22
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/news/artificial-intelligence/rapid-genai-application-adoption-drives-new-era-application-and
Financial IT
Banking Transformation Summit

Banking Transformation Summit is the industry’s most influential event, connecting banking professionals with the companies transforming the industry.

2,500 attendees will join to hear from 300 inspiring speakers, connect with an unparalleled programme of interactive sessions and share perspectives on the topics defining banking’s future.

Wednesday, February 5, 2025 - 13:40
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/events/banking-transformation-summit
Financial IT

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