Encompass Corporation, the leading provider of intelligently automated Know Your Customer (KYC) solutions, has been announced as the newest member to join the Global Legal Entity Identifier Foundation (GLEIF) Vendor Relationship Group.

ION, a global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management announce that ION GTP has won two categories at the 2022 FOW Asia Capital Markets Awards.

Building on its recently announced North American expansion, BankiFi has appointed Danny Piangerelli, formerly of Malauzai Software and Sensibill, highlighting the company’s commitment to targeted technology innovation for the North American market.

Following on from 12 months of hypergrowth, Brite Payments has hired Lisa Edström, formerly Chief Compliance Officer at Zettle by PayPal, as its new Compliance Director. The recruitment underpins the company’s compliance-first approach to payments innovation.

Match-Trade Technologies has partnered with Sumsub, a global verification platform, to make KYC processes easier and more reliable for Forex brokers in the company’s custom Client Office CRM.

With a current market size of $66.82 billion, as estimated by Statista, Neobanks is projected to rise to a staggering market size of over two trillion in 2030 with a CAGR of 53.4 per cent. It’s one of the fastest-growing industries.

This means competition will be increasingly tough as the market expands and more people begin to adopt the innovations presented by neobanks. So, what are some must-have features for a neobank to succeed?

Stash, the investing and banking app with more than 2M customers and nearly $3B in assets under management, announced today that it successfully built and launched Stash Core, its new, proprietary infrastructure platform that underpins the service for Americans who bank like investors. Stash Core is a world-class system that unlocks new innovations in banking, and, in the future, new capabilities in credit, savings, lending, and more.

Quadrant Knowledge Solutions announced today that it has named Bottomline as a 2022 technology leader for the SPARK Matrix^TM analysis in the global Insider Risk Management market.

Ria Money Transfer is now offering zero-fee transactions on all bank deposits to Pakistan, in a bid to help support those affected by the country’s devasting floods. This service will be available via the Ria Money Transfer app and website.

Loctax, the world’s first collaborative tax governance platform, has raised 12m USD to empower multinational companies to communicate their global total tax contributions with greater ease and clarity.