To celebrate Chinese New Year, global end-to-end payments provider Paysend has announced that the company is waiving international money transfers fees for funds sent to recipients in China through March 31, 2021.

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, continues to enhance global trading speeds, through the deployment of a new point-of-presence (PoP) in San Jose, California. The new PoP is located in Equinix SV1, San Jose data center and Avelacom has also set up AWS Direct Connect aimed at providing direct access to AWS-based crypto trading platforms, pricing feeds and other critical trading applications via private network rather than over public internet.

NYMBUS®, a leading provider of banking technology solutions, today announced a $53 million financing round led by existing investor Insight Partners - notable for backing ScaleUp SaaS companies with capital and operational support.

Without a doubt, 2020 was a pivotal moment for payments. The rocky start to the decade saw the way we pay for everything from DIY items to food shopping change significantly. With the desire to prevent the novel coronavirus from spreading, we saw the volume of digital payments increase exponentially.

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DASH Financial Technologies (“DASH”), the leading options technology and execution provider in the U.S., today announced that ION Investment Group (“ION”) has entered into a definitive agreement to acquire the company from Flexpoint Ford, LLC (“Flexpoint Ford”).

Adyen published the latest earnings results, indicating another strong half-year for the global payments fintech. 

Results reflect business resilience and continued profitable growth in the second half of 2020, as surging volumes in online retail and digital goods verticals compensated for declining travel volumes.

H2 2020 Figures

EIS, a digital platform provider for insurers, announces the expansion of its core EIS Suite™ to carriers in the life and annuities markets. Cloud-native and customer-centered, the Suite allows insurers to innovate across all lines of business at scale, free from legacy constraints and inefficiencies.

NNTC, a UAE-based software developer and solutions provider, today announced the successful implementation of its biometric user onboarding module with Smart Engines's identity documents recognition technology at Oman Arab Bank (OAB), a pioneer in the local banking sector. NNTC's AI-powered module, iFalcon KYC Control, facilitates swift, frictionless and secure digital customer onboarding.

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the go-live of the nCino Bank Operating System® with new SME banking entrant, Recognise, following the granting of its banking license in November 2020.