DKK Partners, a leading Frontier Markets FinTech company which specialises in emerging markets (EM) and foreign exchange (FX) liquidity has announced the successful closing of their pre-seed funding raise, totalling £3 million, prior to Series B set to take place at the beginning of 2024.

According to new customer data from embedded banking provider, BankiFi, businesses from a wide range of sectors continue to trust payment links such as SMS, email and QR codes when requesting payment on invoices, particularly when the relationship between buyer and sellers is already known. The trend comes despite years of warning from banks about a perceived heightened app fraud risk through payment links.

Tuum, leading next-gen core banking provider, and Paymentology, the world's premier next-gen global issuer-processor, have solidified a strategic partnership aimed at introducing a comprehensive, pre-integrated card payment processing and core ledger solution tailored for the European and Middle East markets.

Temenos today announced that Libra Internet Bank, one of the most innovative banks in Romania, has selected Temenos to modernize its payments capabilities using Temenos Payments to facilitate ISO 20022 cross-border payments and reporting (Swift CBPR+) on the Swift network. Libra will leverage Temenos’ composable, scalable platform to add other payment rails in future, bringing them together in a single, efficient platform. This will support the bank’s growth plans to double payments volumes over the next five years.

Ingenico, a global leader in payments acceptance solutions and Diggecard, a global provider of gift card expertise and technology, have announced that Diggecard's services are now available on PPaaS, Ingenico's innovative cloud Payments Platform as a Service.  

BankservAfrica, a designated systematically important financial market infrastructure responsible for delivering payment services for the smooth functioning of South Africa’s financial markets and economy, is pleased to announce the appointment of Stephen Linnell as CEO, effective 1 October 2023.

Extending its strategic commitment to providing fast and efficient access to new service innovations from Swift, global Fintech leader, Broadridge Financial Solutions, Inc. has announced the immediate availability of its connectivity to Swift’s API for Transaction Screening Service, and also for Swift’s newly launched Securities View service.

Money20/20 USA calls itself “The world's biggest, most influential gathering of the global money ecosystem”, but amongst 350 speakers and countless topics, ‘sustainability’ and ‘climate’ come up only once on the show agenda.

Lloyds Banking Group has invested €3 million in technology company Enigio to expand its use of digital documentation in trade.