Over 80% of organisations are concerned about managing the costs of their cloud computing estate. With rising data levels, demands for increased digitisation and an economic backdrop that is challenging, over a quarter of business technology leaders are very concerned about cloud costs in relation to their IT budget in the coming year, the 5th Annual Enterprise Cloud Index (ECI) report finds. In addition to budgetary pressures, CIOs and CTOs tell the ECI report that sustainability, cybersecurity and talent pressures are increasing, too. 

Hexaware Technologies, a global IT services company, and Xceptor, a leading data automation platform provider, have launched a new Center of Excellence and Solution factory in Pune, India.  

The partnership combines Hexaware's banking & financial services expertise and technical delivery capabilities with Xceptor's best-in-class platform for automating data workflows to offer innovative data automation solutions worldwide for banking and financial services companies. 

Ethical lender Plend has selected GoCardless, a global leader in direct bank payments, to provide Variable Recurring Payments (VRPs) through GoCardless’ Instant Bank Pay feature.

Cryptocurrency exchange platform Coinmama has partnered with Volt, the leading global gateway for real-time payments, to enable open banking payments for its customers across Europe and Brazil. The partnership unlocks growth for Coinmama as it increases its coverage in key European markets, enabling real-time deposits and payouts for customers buying and selling cryptocurrencies.

SHAZAM, the member-owned debit network, processor and core provider supporting community banks and credit unions across the USA, has chosen Iliad Solutions as its payments testing supplier.

Iliad Solutions’ products and services, used by leading financial institutions around the globe, help to minimize the risk when deploying new payments technology, reducing the costs associated with testing and improving the speed of launching new systems.

Unzer, a company offering payment and commerce solutions, today launched its new buy now, pay later (BNPL) product. Under the name "upaylater", Unzer is integrating invoice and instalment payment methods, as well as direct debit into its product portfolio via a single interface. This makes it even easier for merchants to meet customers' growing demand for BNPL services. In the future, Unzer looks forward to expanding its market share in BNPL services. 

HeavyFinance, a climate tech investment marketplace for the agricultural industry, has successfully raised €3 million during its seed funding round, led by VC firm Practica Capital.

HeavyFinance is a European Fintech tackling the climate crisis, providing financing and loan schemes for companies in the sustainable agriculture sphere, with the goal of removing 1 gigaton of CO2 emissions by 2050.

AMLYZE, a fast-developing RegTech startup that helps fintechs, crypto businesses, banks, and other regulated entities to fight against financial crime, is strengthening its team with anti-money laundering expert Eglė Kontautaitė, former Head of the Money Laundering Prevention Division at the Bank of Lithuania.

Mangopay the platform-specific payment infrastructure provider, announces the acquisition of WhenThen, a Dublin-based payments technology company, which powers payment acceptance and automates payment operations for online businesses worldwide.