Today, Mastercard and Open Finance sector pioneer Fabrick announced an expanded new partnership to develop Embedded Finance solutions that will improve the digitalization of businesses, financial institutions and fintechs across Europe. 

Today’s announcement builds on the ongoing relationship between the two companies who have been working together since 2019 to promote innovation on the development of digital financial services for the commercial ecosystem.

NomuPay, a modern end-to-end payment platform purpose-built for expansion into regions of high cross-border and e-commerce growth, has raised $53.6m. The round was co-led by Finch Capital and Outpost Ventures, an investment platform of Neuberger Berman, with participation from individuals.

Multi-award-winning ekko has announced the formation of its board of advisors. The board comprises a wide range of experts, including Majda Dabaghi, Barney Harrison, Stephen Garland, John Sills, Kimberley Waldron, and Tom Greenwood.

Analysis of trade data from global financial services firm Ebury reveals that UK-Brazil trade has experienced rapid growth in the last five years following significant government efforts to push for improved bilateral trade relations and a reduction in red tape. 

Red Hat, Inc., the world's leading provider of open source solutions, today announced that Helvetia, an international insurance group based in Switzerland, has adopted Red Hat container technologies and managed cloud services to modernize their approach to assessing claims and create a more seamless experience for customers.

Clarins, a French family-owned company and market leader in skin care and make-up based on natural ingredients, which already offered Alipay, has integrated Alipay+, adding more popular Asian e-wallets as its payment options to attract and better serve Asian consumers visiting its own stores in Las Rozas Village (Madrid) and La Roca (Barcelona).

Blocktrade, the gamified asset marketplace for everyone, has announced the close of its exclusive Blocktrade Exchange Token (BTEX) sale round, which ran from May 5th to 18th and followed a sold-out pre-sale round earlier this year. A total of €4.5 million worth of BTEX has been raised from over 1400 community members in 42 countries.

Tarabut Gateway, MENA’s leading open banking platform, announces today it has successfully completed the KSA Open Banking certification and is now launching its Open Banking services within the Regulatory Sandbox, based on the Open Banking Framework released by the Saudi Central Bank (SAMA).

ORX, the world’s largest operational risk association has launched a greenwashing toolkit to support global banks and insurers create a greenwashing scenario - responding to the rapidly growing regulatory and societal focus on climate-related transition risks. 

Wise Platform, Wise’s infrastructure offering for banks and non-banks alike, has announced its first partnership in Japan with GMO Aozora Net Bank, Ltd, bringing fast, low-cost international payments to more than 80,000 corporate customers.