Pismo, one of the world’s fastest-growing banking and payments Software-as-a-Service (SaaS) firms, announces Ross Larter as its new Engineering Director. Based in Bristol, UK, Larter will be responsible for structuring the technical team, expanding the company’s solutions, and supporting processes related to Pismo’s globalisation strategy.

The Lithuanian fraud prevention and digital identity verification startup, iDenfy, partnered with Backed, a platform that allows users to speculate on the future of private companies. iDenfy will provide Backed with remote identity verification services to ensure a smooth and frictionless onboarding process. 

Although IT resiliency has long been a common theme and practice for financial institutions, the rapid digitalisation of financial services is underscoring its importance.

IDnow Group, a European leader in identity verification and digital identity, appoints Jean-Marc Guyot as Vice-President of Research and Development (R&D). His main responsibility will be the further unification and development of one joint platform for the European market. 

Sentinels, a Fenergo company and Europe’s leading intelligent transaction monitoring platform, has appointed Adrian Jenkins as Chief Commercial Officer (CCO), aiding the company’s expansion in the UK – a dominant global financial hub and a hotbed for fintech innovation.

Worldline, a global leader in payment services, is helping its e-commerce clients enter the growing Chinese market. More than 1.38 million Chinese people already order products from other countries. The key to this important user group is the omnipresent lifestyle tool, Weixin (the mainland Chinese version of WeChat). Through a mini-program that integrates merchants into the social platform, seamless access and user-friendliness are guaranteed.

EasyPark introduces a global partnership with UnionPay International card network, the world’s largest cardholder base. UnionPay cardholders can now manage their parking and electric car charging by binding their UnionPay card directly in the EasyPark app.

Amazon Egypt now offers purchase now, pay later (BNPL) options through valU, based on the announcement of July, 3^rd. 

EFG Hermes Holding's FinTech valU serves MENA, so Amazon customers who use valU can select BNPL programs to spread payments over 6 to 60 months. 

Konsileo, the commercial insurance broker and risk management adviser, today announced the completion of a £4.7 million Series A funding round. The round was led by Growth Tech VC Committed Capital, which first invested in Konsileo in 2018, and which provided £3.23m of the current funding round. New investors include a £900,000 investment from ACF Investors, a UK venture capital fund and angel investors.

Organisations looking to complete their digitisation journey can now increase the control and visibility of their purchase-to-pay functions thanks to a new partnership.

Commercial and Compleat Software are utilising their combined industry expertise to provide a solution that will transform your AP and purchase-to-pay processes.