Mastercard today announced a US$10 million (approximately 75 crore rupees) commitment to directly address critical Covid-related needs in India. Over the past few weeks, the country has seen a spike in both Covid diagnoses and deaths, with the healthcare system being stretched to its limits as more than 350,000 new cases are identified each day.

The Philippines’ first neobank Tonik is ramping up the convenient banking features on its game-changing app through tying up with PESONet to enable safe and secure electronic fund transfers to Tonik account from other banks. The announcement comes on the heels of Tonik’s highly successful public launch in March 2021, which saw it secure over 1 billion pesos (US$20M) in retail deposits in under 1 month - a historical record for any new bank launching in the Philippines.  

Broadway Technology, a leading provider of high-performance front-office solutions, today announced it has promoted Claudia Cantarella to the role of Chief Legal Officer. Cantarella will also join the Executive Leadership Team and direct the company’s global legal and regulatory activity, guide corporate strategy and development, and help position Broadway for continued growth.

One minute you’re the cock of the walk, the king of the swingers, and the talk of the town – and the next…well, you’re not.

One of the funny things about technology is that shiny new gadgets and devices are released to much fanfare, fuelling the innate need of many consumers to have the hottest new thing.

Then the next generation comes along, and the previous iteration is kicked to the kerb quicker than you can say iPhone 10.

The finance game is on a rise and those who seek a career in this field have a lot to be happy about because their prospects are enormous. Nowadays, top fintech companies are earning hundreds of millions of dollars plus these firms are among the favorite startup enterprises among investors. If you don’t like math or statistics or anything that has to do with numbers then finance might be the most boring thing in the world for you.

Tassat, a global provider of financial technologies and products for digital payments, today announced it has appointed Barbara Kissner as its Chief Information Security Officer (CISO) to oversee the company’s infrastructure, technology and data security. As Tassat undergoes rapid growth, Ms. Kissner will be responsible for devising the company’s overall information security strategy, maintaining oversight for all security processes and ensuring robust due diligence practices.

 Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, and FundApps, a global RegTech provider, announced the integration of FundApps’ regulatory compliance technology with Broadridge’s buy-side portfolio and order management solution.

Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced that the company’s CEO and founder, Booshan Rengachari, has been named a new member of the U.S. Faster Payments Council’s Board Advisory Group.

The COVID-19 has given contactless payments technology the boost it needed for widespread global adoption, as consumers worldwide started avoiding cash in fear of spreading the virus.