Orion Innovation  ("Orion"),  a leading digital transformation and product development services company, today announced that it has signed an agreement with Stanbic Bank Kenya to facilitate an upgrade and modernization effort of basic banking services.

HSBC today announced the inauguration of its new U.S. headquarters at The Spiral, a renowned office building in New York City’s Hudson Yards neighborhood, marking its largest U.S. relocation to date. This headquarter move, combined with investments in other offices across the country, reinforces HSBC’s position as a leading international bank with a commitment to New York City and its U.S. operations.

Bluefin, the integrated payments pioneer in PCI-validated Point-to-Point (P2PE) encryption and tokenization services that protect payments and sensitive data, today announced the completion of Elavon certification for SUNMI Payment Terminal. Bluefin customers using the company’s TECS Platform and processing through Elavon can order the devices right away.

United Nations Development Programme (UNDP) and Mastercard have signed a Memorandum of Understanding to collaborate towards deepening the understanding of development impact of digital scams, and ways to detect and address them.

Last month, the European Union (EU) adopted a new regulation that requires all banks and payment service providers to offer customers the ability to send and receive instant payments at any time of the day.

This is great news for businesses and consumers, who will benefit from near real time settlement of transferred funds. However, for financial institutions pressure is now on to comply with the rules inside a nine-month window that opened on April 8, 2024.

When was the last time you told someone about the great service you received from your bank, insurance company or tax office? Whether it’s a car or house purchase, investment fund transfer, or simply renewing a bankcard, financial institutions aren’t the best when it comes to NPS scores.

CBiGroup, a Fintech Group based in the U.S., has secured $15 million in Series A funding. Alpol Capital Family Office, known for its investments in new technologies, led the funding round.

Guavapay, a global fintech company has announced its partnership with Visa, a world leader in digital payments, to launch an impactful Out Of Home (OOH) campaign across London. This collaboration aims to enhance awareness of MyGuava multicurrency Visa Card for users of MyGuava App and MyGuava Business, the flagship products of Guavapay.

VersiFi, the digital asset trading and lending firm, today announced it has acquired Ather Digital for an undisclosed amount. The deal, which closed in May, bolsters VersiFi's suite of trading technology to include direct market access (DMA), algorithmic trading and smart order routing (SOR).