Islamic finance, established in the 1960s, has gained global traction due to its universal ethical principles. Even in the United States, it has been widely embraced, thanks to favorable environments and political backing. The country, known for financial innovation and economic prowess, has seen a surge in Islamic finance, rooted in ethical principles and Sharia compliance. This alternative financial system has piqued the interest of both Muslim and non-Muslim communities across the nation.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that Richard Pulliam has been named Senior Vice President and General Manager of Wolters Kluwer Corporate Performance & ESG (CP & ESG) division’s EHS & ESG unit, (formerly named EHS/ORM), known for its product, Enablon.

Vixio, a leading provider of regulatory intelligence solutions, has released the 2024 Artificial Intelligence (AI) Outlook report, covering global trends in AI regulation and adoption in the payments and gambling industries. 

TotallyMoney has announced the launch of a new current account comparison service, to help its five million customers find the best bank for their own personal needs:

• TotallyMoney data shows just one in five people have opened a new current account in the past 12 months, and half have been with the same bank for more than 4 years*

Facit Bank, a digital first bank specializing in deposits and consumer loans to private customers, announces a partnership with Neonomics to introduce open banking within their invoicing and payments. As a digital-only bank, Facit Bank are able to offer highly competitive loan rates and ensure a seamless, fully digital customer experience and have focused on finding the most efficient means of delivering services to their customers and partners.

Financial services sector stalwart Mike Goodenough has been appointed as Director of Banking Services at LHV Bank following a six-month period as a business consultant. He brings more than 20 years of experience in finance and payments, developing and executing strategic and commercial initiatives within senior leadership roles across sales, product, and partnership teams within international organisations.

Responsible lender, Creditspring, has provided over one million affordable loans to borrowers seeking short-term financial support.

Ecommpay, the inclusive global payments platform, today announced the e

Paynetics, one of Europe’s leading providers of embedded finance and comprehensive payment solutions, partners with MyMonty, a pioneering financial technology company to launch a digital wallet.

Tink, a Visa Solution, has today launched ‘Merchant Information’ to provide consumers with a more detailed overview of their transactions.