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ClearBank Appoints Neil Drennan as Chief Technology Officer to Support Innovation and Expansion Initiatives

ClearBank, the enabler of real-time clearing and embedded banking, today announces the appointment of Neil Drennan as Chief Technology Officer. Drennan will lead the evolution and enhancement of ClearBank’s cloud-based API and payments infrastructure as it continues to expand its services across the UK and Europe.

Thursday, February 5, 2026 - 09:14
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Financial IT
AI Will Drive Development of Digital Asset Sector, Survey Finds

AI will help drive development of the digital assets sector and play a key role in its continuing growth, according to new global research (1) by London-based Nickel Digital Asset Management (Nickel), Europe’s leading digital assets hedge fund manager founded by alumni of Bankers Trust, Goldman Sachs and JPMorgan.

Thursday, February 5, 2026 - 09:11
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/news/investment-management/ai-will-drive-development-digital-asset-sector-survey-finds
Financial IT
Tandem Bank Announces Ryan Heaps as New Finance Chief

Tandem Bank has announced the promotion of Ryan Heaps to Chief Financial Officer following regulatory approval as it continues to accelerate value-led growth.

Since joining Tandem, CEO Neil Chandler has prioritised building a leadership team fit for the bank’s next phase of growth. This includes the appointment of Ryan as CFO, the recent arrival of Russell Strevens as Chief Technology Officer - subject to regulatory approval, in addition to David Shrimpton Davis as new Managing Director of Motor Finance. 

Thursday, February 5, 2026 - 09:05
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Financial IT
Bank ABC’s ila Bank Goes Live with Temenos Core on AWS, Implemented by Systems Limited

Temenos, a global leader in banking technology, today announced that Bank ABC, one of MENA’s leading international banks, has successfully migrated its digital mobile-only ila Bank onto Temenos’ Core Banking platform hosted on Amazon Web Services (AWS). The migration, which also included Temenos Payments and Data Hub, was delivered by Systems Limited, a global system integrator and Temenos Delivery Partner.

Thursday, February 5, 2026 - 09:03
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/news/core-banking/bank-abcs-ila-bank-goes-live-temenos-core-aws-implemented-systems-limited
Financial IT
Swedish AI Company Fintower Raises €1.5 Million in Oversubscribed Seed Round

The Gothenburg-based company Fintower recently closed an oversubscribed seed round that attracted both new and existing investors. Among the investors are Chalmers Ventures, Akka, the Stena family through William Olsson, as well as several entrepreneurs and angel investors. Existing investors include Almi, Daniel Jonsson from Inet, and Alexander Hars. In total, €1.5 million was raised.

Thursday, February 5, 2026 - 08:59
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/news/fundraising-news/swedish-ai-company-fintower-raises-eu15-million-oversubscribed-seed-round
Financial IT
Eltropy Enters 2026 with Record Growth and Expanding Momentum

Eltropy, the leading agentic AI-powered conversations platform for community financial institutions (CFIs), closed 2025 with record growth across key business metrics, positioning the company for continued expansion in 2026. The company's unified platform approach helped CFIs consolidate vendor relationships while improving member engagement and operational efficiency.

Thursday, February 5, 2026 - 08:50
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/news/infrastructure/eltropy-enters-2026-record-growth-and-expanding-momentum
Financial IT
Figure Partners with Moomoo and Keplr to Expand Global Access to the On-chain Public Equity Network (OPEN)

Figure is expanding investor access to the On-Chain Public Equity Network (OPEN) through new integrations with moomoo and Keplr, extending the distribution of blockchain-native public equities across both regulated brokerage platforms and self-custody wallets. 

Thursday, February 5, 2026 - 08:47
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/news/infrastructure/figure-partners-moomoo-and-keplr-expand-global-access-chain-public-equity
Financial IT
Corpay Announces Agreement to Sell Non-Core Vehicle Payments Asset

Corpay, Inc., the corporate payments company, announced that it has signed a definitive agreement to sell PayByPhone, a mobile parking payments business, to Lightyear Capital.

“We’ve agreed to terms to divest our PayByPhone business, and hope that PBP will prosper under Lightyear’s ownership,” said Ron Clarke, Chairman and CEO of Corpay. “The transaction is another step to simplify our portfolio, and speed our rotation to more corporate payments.”

Wednesday, February 4, 2026 - 14:55
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/news/payments/corpay-announces-agreement-sell-non-core-vehicle-payments-asset
Financial IT
Truist Launches AI-enabled Receivables Platform To Accelerate Cash Application and Minimize Exceptions

Truist Financial Corporation today announced a new integrated receivables platform that uses AI and machine learning to help commercial and corporate clients simplify receivables and improve cash visibility. The solution matches payments to invoices across checks and electronic rails, unifies payment and remittance data, and accelerates cash application activity.

Wednesday, February 4, 2026 - 14:52
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Financial IT
IG Turns to AI to Transform Marketing Compliance

Adclear, the financial promotions platform, has today announced that it is partnering with leading investing and trading platform IG, to leverage the power of AI across marketing compliance. IG will embrace the cutting-edge technology to supplement existing processes to ensure all marketing, social media, website and product content adheres to the latest “finprom” rules and regulations. 

Wednesday, February 4, 2026 - 14:44
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/news/infrastructure/ig-turns-ai-transform-marketing-compliance
Financial IT

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