GB Bank, which specialises in funding property projects for SME property developers and investors, has secured £85m of additional capital from new investor Hera Holdings and existing shareholder the Teesside Pension Fund.

Glia, the leader in customer interaction technology, today launched Glia Cortex, the first responsible AI platform built specifically for the financial services industry. With Glia Cortex, financial institutions can leverage AI that is safe, secure and delivers real ROI for customer service and contact centers, ultimately driving efficiencies, reducing wait times and enhancing the customer and agent experience. 

In a strategic move towards becoming a leading, next-generation digital Islamic Bank for all, Bank Muamalat Malaysia Berhad (Bank Muamalat) has announced a long-term partnership with Backbase, the global leader in Engagement Banking.

Genesis Global and Inovotek Solutions, an IT consultant and Murex integration specialist, announced they are partnering to accelerate software innovation in the financial markets industry. 

DKK Partners, a leading FinTech company specialising in emerging markets (EM) and foreign exchange (FX) liquidity, has partnered with the Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, based in Dubai.

The partnership offers a significant step towards achieving seamless financial interoperability across the United Arab Emirates (UAE), the broader Middle East and North Africa region (MENA).

WealthKernel, a provider of digital investing infrastructure, today announced the appointment of James Dingwall as its new Strategic Regulatory Adviser. With a specialised focus on the Appointed Representative framework, James will play a key role in helping WealthKernel navigate the complex regulatory landscape. 

SUNRATE, an intelligent global payment and treasury management platform today announced it has joined Mastercard Priceless Planet Coalition in support of fighting climate change through funding the restoration of 100 million trees. This announcement is part of the global fintech's efforts to contribute to a sustainable economy and improvement of the planet.

­The number of growing UK sectors remained resilient in April, despite cost pressures spreading across the economy, according to the latest Lloyds Bank UK Sector Tracker.

In April, eight of the 14 UK sectors monitored by the Tracker saw output growth – one fewer than in March (nine), but still more than the monthly average in 2023 (seven).

Encompass Corporation,  the leader in Corporate Digital Identity (CDI), has appointed Nynke Postma, the founder, and ex-CEO of Blacksmith KYC, to its leadership team to supercharge the impact global banks find with CDI.