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7th Edition Connected Banking Summit East Africa - Innovation & Excellence Awards 2023 Concludes with Resounding Success

The Summit brought together the best and brightest minds in the banking, financial services, fintechs and techfin sectors. The event, which took place on 7th March 2023, featured insightful speakers, award-winning companies, and top-notch sponsors.

Monday, March 13, 2023 - 13:46
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Financial IT
FCA Urges UK Banks to Consider Cutting Mortgage Payments - Tink Comment

The FCA’s call for flexibility on mortgage repayments to support struggling homeowners highlights the financial stress many people in the UK are currently experiencing. Tink’s research shows that nearly one in four (24%) Brits have already missed, or expect to miss, a mortgage or rent payment due to the rising cost of living.

But there are ways that banks can harness financial technology to help support people in challenging economic times.

Monday, March 13, 2023 - 13:39
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Financial IT
AppTech Payments Corp. to Attend Nuvei Partner Conference

 AppTech Payments Corp. (“AppTech”), an innovative Fintech company powering seamless, omni-channel commerce between businesses and consumers, today announced that management will participate at the Nuvei Partner Conference taking place March 12-14, 2023 at the Talking Stick Resort in Scottsdale, AZ.

Monday, March 13, 2023 - 11:34
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Financial IT
ComplyAdvantage Hires Jim Anning as Chief Data Officer

ComplyAdvantage, the leading fraud and financial crime detection firm, has named Jim Anning as the company’s Chief Data Officer as part of its commitment to innovation in anti-money laundering / countering financial terrorism (AML/CFT) services.

The newly created role on the Executive Leadership Team reflects the centrality of quality and comprehensive insights to the company’s mission and products.

Monday, March 13, 2023 - 10:44
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Financial IT
13/03 – Weekly Investment & Fundraising News

Monnai Raised $6.5M in a Series A Round Led by Tiger Global

Monday, March 13, 2023 - 10:20
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Financial IT
13/03 – Weekly Fintech Recap

Partnerships 

Aevi Selects OvationCXM to Transform Digital Payment Customer Experience

Monday, March 13, 2023 - 10:18
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/news/open-banking/1303-weekly-fintech-recap
Financial IT
Monnai Raises $6.5M in a Series A Round Led by Tiger Global

Monnai, a provider of consumer insights infrastructure for financial institutions, has raised $6.5 million in a Series A funding round led by Tiger Global.

Better Tomorrow Ventures, 500 Global and Emphasis Ventures joined the round for Monnai, which has set itself the mission of becoming the "single source of truth for fintech decision-making globally".

The startup's platform integrates the increasing number of disparate data sources across the globe and provides its fintech customers with tools to navigate rising fraud and evolving regulatory landscapes. 

Monday, March 13, 2023 - 10:08
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Financial IT
ID-Pal Expands into the United States with Identity Verification Solution

Leading Irish identity verification solution ID-Pal, today announced its official launch into the US market to meet the demand for its platform across the United States. Championed by Enterprise Ireland, the US launch is building on ID-Pal’s success in serving both SMEs and enterprises across over 30 industries with simple, secure, and convenient identity verification.

Monday, March 13, 2023 - 09:41
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Financial IT
APEXX Global Raises $25M to Expand its Presence in North America and Enhance its Leading Payment Orchestration Platform

APEXX Global (‘APEXX’), the leading global payments orchestration platform, has raised $25m from existing and new investors, closing its Series B  round. The funds will be used to develop APEXX’s products and technology and to expand its presence in North America. 

Monday, March 13, 2023 - 09:38
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Financial IT
QuantCube Launches Industrial Production Indicator

Alternative data specialist QuantCube Technology today announced the availability of the QuantCube Industrial Production Indicator (IPI) nowcast – providing a daily update on industrial production output in the U.S. market. The indicator measures year-on-year changes in outputs from the manufacturing, mining, electricity and gas industries to provide insights into total industrial production, a key driver of GDP.   

Monday, March 13, 2023 - 09:33
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Financial IT

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