Hex Technologies Pte Ltd, a leading digital assets financial institution specializing in custody and trading services, announced that it has received a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). Issued on March 1, 2025, the license authorizes Hex Trust to provide regulated cross-border money transfer services and Digital Payment Token (DPT) services.

IXOPAY, a leading provider of enterprise-grade payment orchestration, today announced the launch of its Payment Account Reference (PAR) solution, enabling merchants and payment platforms to link transaction data across multiple payment channels and methods. This gives marketing and customer-facing teams unprecedented visibility into purchasing behavior across payment methods, making PAR a powerful tool for delivering the personalized shopping experiences consumers expect.

FinXP, an award-winning European payments and banking solutions provider for under-served high risk businesses, appoints Jon Vigier as Chief Technology Officer (CTO) and Marc Conway as Chief Commercial & Product Officer (CCPO). Together, with their extensive industry expertise, they will drive further product innovation, business growth and customer value at FinXP.

The Elephant in the Room

Question: What are our contributors NOT talking about? Answer: the impact of the most important geopolitical shift in at least 80 years.

If you have cast even a cursory glance over this edition of Financial IT, you could be forgiven for thinking that it is - well - just another edition of Financial IT. 

As ever, our contributors come from a variety of organisations and have key messages about how the world could and should be different at the intersection of technology and financial services. 

Mambu announces the latest additions to its C-Suite, as Ellie Heath and Semhal Tarekegn O’Gorman are promoted to Chief People Officer and Chief Customer Success Officer respectively. 

Clear Junction, a global leader in cross-border payments for regulated financial institutions, has once again been recognised in the 

Axyon AI, a leading tech provider of Predictive AI-powered solutions for the investment management sectors, has announced the appointment of Giovanni Beliossi as Head of Investment Strategies. With over 25 years of experience in financial markets, Beliossi has held management, advisory, and executive roles in traditional and alternative investments, derivatives, and real assets. In this new role, he will leverage his extensive expertise to enhance Axyon AI’s client experience.

Digital bank Zopa has appointed Jeremy Penzer as its Chief Analytics Officer.

He joins Zopa from Visa, the digital payments network, where he was Head of Data Science for Europe. Prior to that he served as Capital One Europe’s Chief Analytics Officer and as an academic statistician at the London School of Economics.