PayPoint is pleased to announce that it has been awarded the Driver & Vehicle Licensing Agency (DVLA) contract for providing International Driving Permits across its extensive network of retailer partners across the UK.

Mashreq, one of the leading financial institutions in the MENA region, has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, to develop a corporate carbon offsetting offering that

To streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase, the renowned expert in engagement banking platform solutions worldwide. Established in 2017 with a primary focus on retail and corporate segments, LIB has been a steady presence in the financial landscape of Libya, abiding by the principles and legislations of Islamic Sharia.

Insurtech leader Kalepa announced today that North Star Mutual Insurance Company has deployed Kalepa’s award-winning Copilot underwriting platform.

North Star Mutual initially deployed Kalepa’s Copilot in June of 2023 to enhance their underwriting across property, liability, and umbrella lines of business. Since that time, underwriters have valued how Copilot’s risk analysis helps them write core business such as service risks, retail operations, restaurants and churches more profitably than ever before.

The prestigious UF AWARDS MEA 2024 were presented at an exclusive ceremony on January 17th during iFX EXPO DUBAI 2024. 

Satchel, a European digital banking provider, is set to enhance its compliance standards through a strategic partnership with AMLYZE, a top-tier regtech company specializing in anti-money laundering and financial fraud prevention.

Barely a fifth of Brits trust their bank to give them a fair deal, a situation exacerbated by hidden FX fee markups, according to new research by Wise, the international money account. 

New research shows that major UK high street banks charge a hidden fee in its exchange rate*. HSBC charges the highest, with a 3.7% hidden markup. The bank recently launched Zing, a new product that is transparent about its fees - but HSBC does not offer this transparency to its existing customers. 

Global financial technology company SumUp continues its industry-leading efforts to support small businesses and today unveiled several new product features.

London-based Tint Financial Services, a cross-border fintech committed to streamlining and improving trade for SMEs and their supply chains, has achieved a remarkable milestone. Despite launching only six months ago, the company announced that it has successfully facilitated the global flow of goods valued at USD 20 million (£15 million).

Citi and LuminArx Capital today announced the launch of Cinergy, a strategic financing vehicle in the rapidly growing private lending market. 

Launched by LuminArx Capital, Cinergy will offer a broad range of private credit solutions to companies, including Citi’s global client base. It will invest across multiple asset classes, including asset-backed credit (commercial, consumer and residential) and corporate debt across the capital structure.