The report explores the global trends in the mainframe market, the challenges facing organisations and the case for application modernisation. What does the future hold for mainframe applications?

Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured $125 million in new growth capital from private equity firm Goldfinch Partners. The funding will provide Vesta with the resources to invest in growth and continue the global deployment of its fraud protection and e-commerce payment solutions.

LzLabs today announced an Agreement with T-Systems, one of the world-leading cross-manufacturer digital service providers, with the objective of offering customers a unique path to mainframe rehosting and transformation.

Going digital is one of the most significant changes a business can make, especially in the current state of Covid, this has become an imperative for survival. The transformation involves the conversion from more traditional workflows and processes to new cloud-native operations, which are either partially or entirely automated.

Backbase, the leading omni-channel banking solution provider, announced today a strategic partnership with Mambu, the Berlin-based cloud banking platform to jointly deliver a unique and powerful ​turn-key​ digital banking solution.

As Mastercard reveal that 66 per cent of all transactions across the UK are now contactless, new research released today identifies consumer habits and viewpoints that mean this is a consumer change that will stand the test of time.

In the UK contactless adoption was already high and Mastercard has recently worked with the industry to enable the limit for contactless payments to increase from £30 to £45 to help people benefit from the fastest and simplest way to pay.

Meniga, a leading provider of digital banking technology for the world’s largest banks, has closed a €8.5m strategic investment led by customers Groupe BPCE, the second-largest banking group in France and lead investor in this round, Portugal’s Grupo Crédito Agrícola and long-standing strategic partner UniCredit. Other participants in the round include current institutional investors Velocity Capital, Industrifonden & Frumtak Ventures.

The Stellar Development Foundation ("SDF") has made a strategic investment of $550,000 by way of convertible loan notes. This investment marks the third investment made by SDF through its Enterprise Fund and will support SatoshiPay to continue to develop its B2B solution for commercial, cross-border payments and its digital wallets. SatoshiPay was one of the first businesses to use Stellar commercially and has, to date, processed €650,000 in payments from over 200,000 accounts.

Temenos (SIX: TEMN), the banking software company, today announced that Banco Itaú (Suisse) SA and Banco Itaú International, affiliates belonging to one of the world’s largest private bank groups, Itaú Unibanco Holding SA (Itaú), have extended their relationship with Temenos  to rapidly deploy Temenos Infinity Wealth and Temenos Transact on Temenos SaaS.