Today, TurnKey Lender, a global fintech B2B Software-as-a-Service (SaaS) company specialising in AI-powered lending automation solutions, has closed a US$10 million new funding round.

United Trust Bank (UTB) has chosen the leading enterprise automation platform Workato to provide the software integration layer which will enable the Bank to connect and integrate a wide variety of powerful tools and apps to its new core Asset Finance digital platform. 

OSTTRA, the global post-trade solutions company, today announced the launch of a paper digitisation solution that enables market participants to reduce the amount of time it takes to process paper confirmations for complex over-the-counter (OTC) derivative transactions from hours to minutes.

Volt, the leading open payments gateway which enables account-to-account payments for merchants and PSPs in the UK, Europe and Brazil, has recruited Stuart Barclay, an open banking established strategist and expert, as its VP of Strategy. 

Finastra and HSBC announced today that they are working together to distribute HSBC’s FX services via Finastra’s FusionFabric.cloud platform under a Banking as a Service (BaaS) experience. This collaboration will take advantage of the best elements of modern API-driven connectivity with licensed institutions’ secure, regulated infrastructure.

Instead, the key is optimisation through a combination of rightsizing, migrating some workloads to the cloud, and putting a strategy in place to manage future needs.

Here are some important points to consider on your cost-saving journey.

Software licence reconciliation

Flywire Corporation (Flywire), a global payments enablement and software company, announced that it has completed the acquisition of Cohort Go, an international education payments provider that brings additional students, agents and essential student services to Flywire.

TS Imagine, a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth. 

The new board members bring significant expertise in core business areas, including digital assets, securities finance, derivatives, and market structure, as the business builds market share in these sectors. The new non-executive board appointments are: 

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, today announced that it has been selected by Kroo to provide access to all UK payment schemes as well as accounts for its operational funds. Kroo recently secured a full UK banking licence, and ClearBank will continue to support Kroo on its mission to build the world’s greatest fully licenced social bank.

Mollie, one of the fastest growing payment service providers in Europe, today announced the launch of its new Technology Partner Program. The program aims to help SaaS platforms and technology companies grow their customer base, reach new markets, and improve customer retention.