This agreement with Montran will now enable FSS to provide customized solutions that will address the Wholesale Payments needs of the Banking industry in the country.

FSS has spearheaded the growth of retail & whole sale payments in India by serving banks, financial institutions, merchants, governments and other verticals through a rich portfolio of payments products and services.

Mambu, the SaaS banking platform provider, today announced it has raised €8 Million in their latest funding round led by Acton Capital Partners and CommerzVentures with participation also coming from existing investors. This latest funding will be used to continue building on Mambu’s global momentum and successes, with the company achieving over three times year-over-year growth and recording several significant milestones over the last 12 months.

London-based International Finance Magazine presented the 2015 awards for 'Best Rebranded Credit Card', 'Best Islamic Auto Finance Provider' and 'Best Islamic Personal Finance Provider' in UAE to Noor Bank at a gala ceremony in the Landmark Hotel inLondon on November 27, 2015.

Cardinal Bank announced today its consumer and business clients will now have access to make purchases with Apple Pay using their Cardinal Bank debit and credit cards. This new service transforms mobile payments with an easy, secure and private way to pay for purchases.

Peter Thiel, the fintech pioneer, Paypal co-founder and first outside investor in facebook, has made an investment in Hamburg-based Deposit Solutions GmbH, the first open architecture platform for retail deposits inEurope. His investment is an add-on to the September growth financing round led by FinLab AG, a leading German fintech investor. In total, EUR 6.5 million have been raised in this round.

Customers of Malaysia's Maybank can now make payments with a wave of the wrist using NFC wristbands developed by the bank in association with Visa.

Millennium Trust Company  announced today the launch of the Millennium Alternative Investment Network ™ (MAIN), a centralized online service dedicated to simplifying the custody of alternative investments.

MasterCard today announced the promotion of Tara Nathan to executive vice president of Public-Private Partnerships.

Nathan’s appointment comes as Ed Brandt, who has led the company’s Government Services and Solutions group since April 2012, announced his retirement after 10 years at MasterCard.

MasterCard today announced a partnership with Coin to bring MasterCard payments to a wide array of fitness bands, smart watches and other wearable devices.

This collaboration builds upon the MasterCard announcement in October introducing the Commerce for Every Device program to enable any consumer gadget, accessory or wearable to become a payment device.

Prepaid Financial Services (PFS), a leading e-money institution that specialises in prepaid card issuing and providing banking services via its in-house technology platform, today announced that it has extended its banking solution across the Eurozone.

PFS was one of the first e-money institutions in the UK to launch a 'Bank Lite' solution by assigning sort codes and account numbers to general purpose prepaid card accounts and has now expanded that offering to cover the Eurozone.