Leading specialized payments platform, Paysafe (NYSE: PSFE), announces it has signed a global multi-year agreement with Amazon Web Services (AWS) as part of its strategy to become a fully cloud-based payments provider. Through this collaboration, Paysafe is migrating its broad portfolio of mission critical workloads, including eCash solutions, paysafecard and Paysafecash, and its digital wallets, Skrill and NETELLER, to AWS to develop new cloud-native merchant payment and consumer wallet products for its business and consumer customers.

Fusion Risk Management, Inc. (“Fusion”), a leading provider of operational resilience, risk management, and business continuity software and services, today announced that it has further strengthened its offerings to help financial institutions meet and exceed new Bank of England, PRA, and FCA regulatory requirements which take effect in early 2022, in addition to the recently formalized guidance shared by the Basel Committee.

Qontigo, an investment intelligence leader and provider of best-of-breed analytics and world-class indices, and Siepe, a trusted provider of technology, data and analytics solutions, have entered into an exclusive partnership to launch Axioma Risk: Elements, a pre-defined selection of data analytics from the award-winning risk management platform, Axioma RiskTM.

Tinkoff Group, the leading online provider of financial and lifestyle services, has announced its acquisition of a majority stake in Beskontakt LLC, the developer of Koshelek digital wallet, an aggregator of banking cards and retail loyalty programs. The Koshelek app is a leader in its field, reporting the highest number of users of any app in Russia and the CIS. The deal was closed on 29 April 2021 and the transaction terms are to remain confidential.

 Specialist RegTech provider Shield today announces the addition of its Trade Intelligence layer as part of its communications compliance lifecycle platform.

Fintech firm Monva has today announced the launch of its personal loans comparison service. Alongside the brand’s existing smart comparison credit card and energy services, both launched in late 2020, this latest development is part of Monva’s ongoing mission to revolutionise the price comparison experience for today’s modern user, using customer data for good and automating mundane tasks.

Alviere, the New York-based embedded finance platform provider, has today announced a partnership with Currencycloud, a leading provider of B2B embedded cross-border solutions, to provide its enterprise-class clients with the functionality of Currencycloud’s Spark solution – a multi-currency e-wallet with individual IBANs that allows customers to pay, hold, convert and collect in as many as 38 currencies simultaneously.

Featurespace, the leading provider of Enterprise Crime Prevention software, has received the Queen’s Award for Enterprise: International Trade.  

This is the second time the company has received a Queen's Award, the first being in 2018 in the Innovation category for its pioneering work in fraud prevention technology.   

Cryptocurrencies had a strong start this year, with crypto asset prices, such as Bitcoin, reaching record-heights. However, that caught the attention of cybercriminals.

 An overwhelming majority of compliance professionals say the lack of guidance and support from regulators is contributing to a significant delay in implementing the latest anti-money laundering (AML) regulations, according to new research released today by LexisNexis® Risk Solutions, the global data and analytics provider.