Cast your mind back to the emergence of cloud around a decade ago. Financial Services (FS) organisations that adopted cloud technology early benefited from increased scalability, flexibility, improved security, and reduced maintenance responsibilities. This gave them the edge over competitors, who were – and in many cases still are – encumbered with a fragmented patchwork of systems running on legacy infrastructure. 

The fast-growing Saudi Arabia-based regional FINTECH, Hala today announced that it has acquired, through its holding company, United Arab Emirates Paymennt.com during the second edition of the Largest Global Technology event – LEAP 2023.

Payoneer, the financial technology company empowering the world’s small businesses to transact, do business and grow globally, has received (via its subsidiary – Payoneer Payment Services UK Ltd) its Electronic Money License (EMI) from the United Kingdom’s Financial Conduct Authority (FCA).

The cryptocurrency & digital asset sector has long been dominated by retail investors. However, with more and more institutions entering the market, the industry inches toward full adoption. With the buildout of tools that enable visibility and compliance, the institutional investment landscape for digital assets can reach new heights.

Gate.io is now fully integrated with Copper.co's ClearLoop solution. This integration will serve as a mutual benefit to both parties, as institutional clients can utilize Copper.co's technology to deploy capital on the exchange and trade immediately, while also maintaining independent custody of their funds with Copper.

ConsenSys, a market-leading Web3 company and Mercuryo, a leading crypto payments company, have announced an integration within MetaMask that will allow MetaMask users to bypass mainstream exchanges and buy crypto tokens with bank cards, Apple Pay, and various bank transfer methods directly in their wallets.

Innovation in the digital world is accelerating. Whilst the web has been in constant transformation since the very first network for computers was developed in the 60s, a major conceptual step change has begun to occur that marks a significant shift in the way the web is used. 

Deko, the multi-lender Buy Now Pay Later (BNPL) platform, has appointed Joseph Tucker to the position of Chief Financial Officer. He brings a wealth of experience having held senior positions at a number of high-profile financial services organisations.

Fluid Finance, a fintech company headquartered in Geneva, has partnered with Sumsub, a global all-in-one verification platform, to enhance user onboarding and ensure bulletproof fraud protection.

Fluid’s aim is to create a new financial model by combining traditional and digital finance. Strict compliance, Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures are integral to Fluid’s user-focused approach, which  has security and fraud prevention at its heart.

Leading payment orchestration platform provider IXOPAY, and DPO Pay, a leading financial technology solutions provider, announced their partnership today. The cooperation will focus on enabling businesses of all sizes to extend their geographic footprint in Africa and the Middle East region by facilitating streamlined transaction processes and payment services.