SanuPay, a rising card technology firm in East Africa, is partnering with OpenWay, a global provider of digital payment software, to introduce Ethiopia’s first domestic credit card. This rollout will signal a significant step in the country's shift toward formalised, digital financial infrastructure.
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WealthArc, the Swiss-born fintech revolutionizing wealth and asset management with AI-ready data infrastructure and intuitive portfolio management, announced today it has surpassed 140 integrated custodian bank new generation data feeds within its proprietary platform, the WealthArc Data Box.
Only 1.6% of firms have ‘fully integrated’ AI into governance, risk and compliance (GRC) processes despite more than half (51%) viewing ‘advancements in AI and technology’ as the biggest driver for change in GRC over the next five years, according to a new report from the International Compliance Association (ICA), the leading professional body for the global regulatory and financial crime compliance community.
NatWest, the largest business bank in Great Britain, is today launching new lending of up to £500 million entirely ringfenced for the building of social rent housing across the UK. This is a first of its kind offering to the market that shows the bank’s commitment to supporting the sector.
Mobile Technology Network South Africa (Pty) Ltd., a major mobile telecommunications provider, has successfully completed the first transaction using J.P. Morgan’s new Electronic Bill of Exchange (eBoE) offering – marking a pivotal step in the digitization of global trade finance. The transaction facilitated the shipment of goods from Asia to the United Kingdom (UK).
PensionBee, a leader in the consumer retirement market, has called on the Government to match words with action following today’s revival of the Pensions Commission.
Gen continues to underpin business-critical systems that many banks use. Developed in the 1980s, the platform was once on the cutting edge of technology. But times have changed. The last 15 years has seen a revolution in computing, with modern, cloud-based systems bringing new architectures and cloud native technologies like Kubernetes, all helping to make application development more flexible and agile.
To prepare for continuously evolving cyber threats, governments around the world are adapting and updating authentication requirements for online services which directly impact thousands of organisations and their employees. While there's currently no universal regulation for more robust multi-factor authentication (MFA), the need is highlighted across a range of requirements including PSD21, GDPR2, and the upcoming Cyber Resilience Act (CRA)3 – emphasising the importance of ensuring cyber resilience against unauthorised access from credential phishing attacks.
Chetwood Bank, the UK digital challenger bank, has expanded its range of Fixed Rate savings products with the launch of two new short-term accounts: