Acin, the pioneering operational risk data company, has announced that Serge De Coster has joined the company as Chief Client Officer, a new role for the organisation. Serge and his team will be responsible for the development of Acin's value proposition as well as generating and delivering insights derived from the Acin Network.

Shieldpay, the market-leading fintech solving complex B2B payments, has today announced its partnership with Checkout.com, the global payments platform, to support customers that need more than just straight-through-processing.

Tradeteq, the technology provider for securitisation-as-a-service and bank asset distribution, has appointed Nils Behling to the newly created role of Chief Operating Officer, responsible for implementing the strategic vision and values of the company as well as change and transformation initiatives. 

MANGOPAY, a major European payment solutions provider for marketplaces and platforms, announced the appointment of key additions to MANGOPAY’s executive leadership team. Ronen Benchetrit has been appointed as MANGOPAY’s Chief Technology Officer and joined the executive committee following the acquisition by Advent International.

High-growth European investment trading platform, Capital.com, today announced a strategic agreement with Refinitiv, an (LSEG) London Stock Exchange Group Business, to provide investors and traders with environmental, social and governance (ESG) data.  With this agreement, traders can directly access ESG scores and financial data from the Capital.com platform to help them make sustainable investment and trading decisions. 

The TripActions Group today announced that its premium brand, Reed & Mackay, has completed the acquisition of its long-standing partner, the high-end Spanish corporate travel, meetings & events company, Atlanta Agencia de Viajes, S.A., d.b.a Atlanta Events & Corporate Travel Consultants. This marks the fourth Europe-based acquisition by the TripActions Group in the past 18 months, adding Spain to the Group’s rapid expansion across Europe. 

FINOM, the fast-growing mobile-first financial management platform for SMEs and freelancers, has acquired Kapaga, a UK-based cross-border payment service facilitating international trade for SMEs. The transaction will solidify FINOM’s position as the leading financial services provider for SMEs, and bolster its expansion plans in the UK and across the continent. 

SME lending startup, ftcash has received a licence from the Reserve Bank of India to set up a non-banking financial company. With this, the company aims to disburse loans worth INR 100 crore in FY23.

The global AI in fintech market is estimated at US$ 10.1 Billion in 2021 and is projected to procure US$ 11.76 Billion by 2022 according to a report published by ESOMAR-certified Future Market Insights. The market is anticipated to garner US$ 54 Billion by 2032 while recording a CAGR of 16.5% during the forecast period from 2022 to 2032. Expansion of the market can be attributed to the increasing emphasis on customer safety against cyber and banking frauds across various developing countries.

Cashflows’ Banking Identification Number (BIN) sponsorship solution delivers full service to ATM deployers looking to enter the market or extend their proposition by accepting transactions from all card issuers. This in turn allows companies to process payments through an intermediary that is a direct scheme member, saving on operational costs.