IndusInd Bank today announced a strategic collaboration with Viamericas Corporation to offer digital inward remittance services to Non Resident Indians (NRIs) in the USA through IndusInd Bank ‘Indus Fast Remit’, a remittance service platform. This collaboration enables NRIs to benefit from highly competitive exchange rates for digital inward remittances to India.

Velmie, a digital banking software platform, is thrilled to announce the highly anticipated launch of the 8ghtX App, a revolutionary banking platform and investment syndication hub. The app is now available for download on Google Play and the App Store, marking a significant milestone for Velmie and its esteemed partner, ResClub, an investment company based in Florida (USA).

Allied Payment Network, Inc. (Allied), the industry leader in real-time, open-network payments solutions to banks and credit unions, announced today its partnership with Murphy & Company, a fintech-focused marketing firm dedicated to helping financial institutions increase digital engagement through education and custom content.

Aleph, the source of truth for finance teams, emerged from stealth with $16.7 million in financing. The funding round was led by Bain Capital Ventures (BCV) with participation from existing investors Khosla Ventures, Picus Capital and Y Combinator, and including angel investors and current customers. Aleph serves as the one repository for all financial data, helping teams make better decisions, faster.

Provenir, a global leader in AI-powered risk decisioning software, today announced that it has been named a 2023 Banking Tech Awards finalist in the “Tech of the Future – AI and Data – Decision Engine” category.

Kota, formerly known as Yonder, the all-in-one platform to automate insurance and retirement benefits for modern teams, has successfully closed a €5M Seed round led by EQT Ventures with follow-on investment from existing investors Northzone and Frontline Ventures. Other notable investors include Job Van Der Voort of Remote.com, Romain Huet formerly of Stripe, now Open AI, David Clarke formerly of Workday and others in the oversubscribed round.

Global information and insights company TransUnion recently hosted its UK Future Summit 2023. The event brought together leading companies from finance, banking, fintech, insurance and other sectors to discuss the importance of credit inclusion and credit education as well as supporting financially vulnerable consumers and enhancing customer experiences.

Cohesity, a leader in AI-powered data security and management, today announced that Indra Nooyi, Jim Snabe, Ken Denman, and Tami Erwin have joined a newly formed CEO Advisory Council. This group of well-respected and deeply connected industry leaders will help guide Cohesity’s CEO and executive staff, as Cohesity expands its ambitions as a leader in AI-powered data security and data management.

Montonio, a fast-growing online payment solutions provider, celebrated its 18-month milestone in Poland, amidst plans to expand its local team, reflecting its commitment to the burgeoning Polish e-commerce sector. Since its successful launch in Poland in March 2022, Montonio has become a trusted choice for merchants, owing to its innovative payment solutions and unparalleled service quality.