Temenos today announced that it has been named a Leader in The Forrester Wave™: Digital Banking Processing Platforms, Q4 2024. According to Temenos, this reflects the flexibility and rich functionality of its comprehensive core banking solutions, which are further enhanced by a strong partner ecosystem and Temenos’ continued investment in innovation.

The Changing AI Landscape

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been recently named a Leader in The Forrester Wave™: Public Cloud Platforms Q4 2024 report. Alibaba Cloud believes this designation recognises its depth of its cloud and AI offerings and strategy, its significant global presence, as well as the ability to provide its global customers with a wide range of products and services. This is the first time Alibaba Cloud has been recognised as a Leader among other significant public cloud platform providers in this report. 

Data is at the heart of Bank of Georgia’s operations, informing everything from its customer relations to product development. Using Cloudera to bring multiple data sources into one centralised location, the bank can provide intelligent and personalised customer experiences and effectively utilise data to drive innovation.

X Financial, a leading online personal finance company in China, today announced that it has entered into a repurchase agreement with a major shareholder on December 16, 2024, pursuant to which the Company will repurchase 6,349,206 American depositary shares ("ADSs"), representing 38,095,236 Class A ordinary shares of the Company, at a price of US$7.67 per ADS with a total repurchase price of approximately US$48.7 million (the "Repurchase").

UnionPay International announced its new collaboration with Weixin Pay, which enables users of international UnionPay-powered wallets to scan Weixin Pay payment codes in China's mainland. Eight wallets are now able to offer this feature, namely BoC Pay from Bank of China (Hong Kong), Octopus, PayMe by HSBC, and Tap & Go in Hong Kong SAR; Bangkok Bank Mobile Banking and K PLUS from KASIKORNBANK in Thailand; Naver Pay in South Korea; and ICBC Mobile Banking (ICBC Pay) in Malaysia.

AI isn’t just making fraud smarter – it's making it nearly impossible to catch.

“Smart payment solutions are reshaping the way consumers manage their finances and make purchases. The introduction of dual cards, including Enfuce's 2-in-1 debit and credit card with Mastercard, offers unprecedented flexibility and convenience.

Affirm Holdings, Inc., the payment network that empowers consumers and helps merchants drive growth, today announced that it has expanded its partnership with Adyen, the global financial technology platform of choice for leading businesses. The expanded partnership makes Affirm the first Buy Now, Pay Later (BNPL) provider to support Adyen for Platforms, an end-to-end payment solution for platform businesses and brings more payment options to Adyen merchants in Canada.