City Bank, one of Bangladesh's leading financial institutions, has successfully migrated its e-commerce acquiring business to a cutting-edge payment gateway from Compass Plus Technologies. This landmark project saw the complete migration of City Bank’s 3,000 merchants in a single day, and marks a major milestone in the bank’s efforts to enhance its e-commerce offering for merchants and consumers alike.

Avaloq’s research, conducted among over 300 wealth managers and 3,000 investors globally, reveals that 87% of UK wealth managers believe AI will be integral to their future work, with the same proportion believing that AI will bring benefits to the wealth management industry as a whole.

LTIMindtree, a global technology consulting and digital solutions company, today announced a contract extension with Nexi Group, a leading European PayTech provider. This collaboration is set to elevate Nexi’s technology landscape across its core acquiring, issuing, and e-commerce platforms, further solidifying its position as a key player in the digital payments space.

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, announced today that it will soon offer clients access to Cboe equity index options, giving TT clients access to the rapidly growing equity options trading space.

The British Business Bank, the UK’s economic development bank, has appointed Richard Bearman and Reinald de Monchy as Co-Chief Banking Officers, with a shared responsibility for all of the organisation’s banking activities for smaller businesses.

Starling Bank has experienced a wave of resignations after its new CEO, Raman Bhatia, announced a policy requiring staff to return to the office more frequently. Bhatia’s directive demands that employees who had been working remotely or on a hybrid schedule attend the office for a minimum of 10 days per month, marking a significant shift in the bank’s work culture since Bhatia succeeded founder Anne Boden in March 2024.

Cardstream, a leading Fintech business, has appointed a new Chief Financial Officer.  

Gurinder Sumra has joined Cardstream as CFO, with a remit to think the ‘art of the possible’ as the business continues on its growth trajectory.  

Wirex, a leading Web3 money app, is thrilled to announce a groundbreaking global alliance with Banking Circle, a leading provider of next-generation banking services.

This strategic collaboration is set to dramatically enhance Wirex's financial operations across the globe, empowering millions of users with cutting-edge banking solutions.

The founder-led  Wealth Tech company QPLIX, a leader in wealth management software for family offices and private banks, has secured funding from tech investment firm Partech via its Growth Fund.

The investment of over €25 million will support the company's growth objectives and facilitate the implementation of its international expansion plans. As a result, Partech has become an investor alongside Deutsche Bank, with both holding collectively a minority stake.