MioTech, Asia's leading sustainability data and software provider, announced today that it has successfully closed a new round of financing. The ESG and climate tech company's latest and existing investors include global venture capital firms such as ZhenFund, Horizons Ventures, TOM Group, Moody's, HSBC, Guotai Junan International, GIC, and J.P. Morgan.

The travel industry has a global reach and complex booking systems. It relies heavily on efficient, secure, and adaptable payment processing systems. This comprehensive guide explores payment processing within the travel sector, discussing its unique challenges, innovative solutions, and future trends. 

Payment Processing in the Travel Sector

LTX, a subsidiary of global Fintech leader, Broadridge Financial Solutions, Inc., today announced that it has been awarded four new patents on its fixed-income trading innovations of bond similarity technology, dealer selection score technology, liquidity aggregation technology, and RFQ+ trading protocol. Together, these technologies serve to inform pre-trade decision-making and bring new efficiency to trade execution.

Moneyhub has launched its latest API ‘Recipe’, Fact-finder, unlocking the potential of Open Finance and empowering businesses to deliver more purposeful services and solutions to their customers. The Recipe combines Moneyhub’s Open Banking and Open Finance API connections to ensure plugging into existing systems and solutions is easy.

Saxo Bank announced the appointment of John Carmichael as Chief Risk and Compliance Officer and member of the Board of Management and Executive Team.

Higlobe, a payment solution for global businesses and remote professionals, today announced a partnership with Triple-A, the digital currency payment institution, aimed at transforming the landscape for remote workers in the Philippines by providing instant, free payment transfers from the United States.

Global digital transformation pioneer GFT Technologies SE (GFT) agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S. With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability.

i2c Inc., a leading provider of banking and payments solutions, announces a five-year partnership with The Bank of Missouri (TBOM) a celebrated community bank renowned for its pioneering digital banking initiatives. Through this alliance, the bank provides fintech the ability to offer a full suite of digital financial products and services to consumers and businesses alike.

TransUnion, a global information and insights company and one of the UK’s leading credit reference agencies has named Sudhish Mohan as its new UK and Europe chief information officer (CIO).

COLIBRIX proudly announces a significant milestone as the company has become a Mastercard  Principal Member. This recognition highlights COLIBRIX's commitment to providing exceptional services and establishes the company as a major player in the financial services sector.