Finastra, a global provider of financial software applications and marketplaces, today announced the completion of a Swiss Interbank Clearing (SIC) instant payments readiness project. Using Finastra’s cloud-based Service Bureau offering, Swiss banks can seamlessly transition to facilitating instant interbank payments.
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Griffin, the UK’s leading bank for fintechs, is thrilled to announce that it is now a certified B Corp - the global community of companies committed to high standards of social and environmental performance, transparency, and accountability. This milestone reinforces Griffin’s dedication to embedding sustainable and ethical business practices into its operations at all levels.
ClearScore, the financial services marketplace, today announces it has secured £3.4m funding from Fair4All Finance to develop a unique debt consolidation loan technology and promote its use for people in financially vulnerable circumstances in the UK. The proposition from ClearScore, named ‘Clearer’, allows direct settlement of consumer debts, unlike most other debt consolidation loans, thereby eliminating the risk that the funds are not used to pay off existing credit cards and loans.
The agreement is a multi-year partnership to provide access to current and future Mistral AI commercial models across all the bank’s business lines. It follows a relationship dating back to September 2023 when the Global Markets division of BNP Paribas began experimenting with Mistral AI’s models. This first engagement produced strong results and, as a consequence, BNP Paribas extended the collaboration to the wider Group starting February 2024.
Open Payment Technologies Ltd, today announces the launch of its digital wallet app "Kuady”. Designed to accelerate financial inclusion and transform how merchants and users manage their money, Kuady offers an advanced, user-friendly experience that ensures secure and efficient money management.
Yuno, the leading global payments orchestration platform, proudly announces that its CEO and Co-founder Juan Pablo Ortega and COO and Co-founder Julián Núñez have been selected among the latest cohort of entrepreneurs to join Endeavor Colombia, in recognition of their vision and Yuno’s disruptive potential.
Datapro, a leading provider of core banking systems and digital solutions, recently collaborated with Mastercard to expand the integration of Mastercard Cross-Border Services, a solution within the Mastercard Move portfolio of money transfer solutions.
Travelex, a market leading foreign exchange brand, has added a further seven currencies to its pre-paid currency card, the Travelex Money Card (TMC).
Customers can now upload and spend Norwegian Krone, Danish Krone, Icelandic Krona, Hungarian Forint, Thai Baht, Hong Kong Dollar and Singapore Dollar on their TMC, taking the total number of currencies available on the card to 22.