ABB today releases its white paper entitled “The DCS of tomorrow: ABB’s process automation system vision,” which outlines how process automation systems will evolve to support industries as they undergo digital transformation and shift to sustainable energy sources.
 

Nexi S.p.A. (“Nexi”) informs that today entered into a long‐term strategic partnership with BPER Banca S.p.A. (“BPER Banca”) and Banco di Sardegna S.p.A. (“Banco di Sardegna”) by transferring BPER and Banco di Sardegna’s merchant acquiring and POS management businesses to Nexi Payments S.p.A. At the same time, Nexi will buy the full ownership in Numera Sistemi e Informatica S.p.A. (“Numera”) from Banco di Sardegna, subject to the prior carve‐out from Numera of business activities not related to POS management and support (overall the “Transaction”).

CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, announced that a new chair and five new members have been appointed to its Board of Directors (Board) at the CLS Annual General Meeting on 17 May 2022.

The votes have been tallied. Next stop, the all-important awards ceremony.

People of the Fintech Industry, the time has come!

The nominations have closed, the votes have been counted, and the trophies have been polished. The only thing left for you to do is get excited!

What it Means to be Crowned an Ultimate Fintech Awards Winner

Unit4, a leader in enterprise cloud applications for mid-market people-centric organizations, has today entered into a definitive agreement to acquire Scanmarket, a global vendor of cloud Source-to-Contract software.

Feedzai, the world’s first RiskOps platform for financial risk management, announced it will host two unique panel discussions at this year’s Money 20/20 Europe event in Amsterdam.

Worldline, a global leader in payment services, is attending Money 20/20 Europe fair in Amsterdam, on June 7-9 2022 and will showcase its latest innovative solutions based on Open Banking and Web3 technologies, among others.

 Florence, the UK-based tech innovator for social care, announced it has raised $35 million (£28.5m) through a Series B funding round. Florence will use the investment for product expansion to support care in the UK and multiple international markets, and to expand its services beyond elderly care. 

The Series B round was led by Axa Venture Partners with participation from Roo Capital and existing backers SEEK Investments.

KredX, India's largest supply chain finance platform, today announced the expansion of its services into post-shipment export financing with KredX Global Trade.  Through this new offering, the company aims to empower businesses and their trade partners to have quick, digital and collateral-free access to liquidity against their receivables at competitive market rates.

Motive Partners ("Motive"), a specialist private equity firm focused on financial technology, today announced the appointment of Caroline O’Connell as an Industry Partner.