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Alibaba Cloud Named a Leader in Public Cloud Platforms Report

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been recently named a Leader in The Forrester Wave™: Public Cloud Platforms Q4 2024 report. Alibaba Cloud believes this designation recognises its depth of its cloud and AI offerings and strategy, its significant global presence, as well as the ability to provide its global customers with a wide range of products and services. This is the first time Alibaba Cloud has been recognised as a Leader among other significant public cloud platform providers in this report. 

Thursday, December 19, 2024 - 12:32
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Financial IT
Cloudera Partners with the Bank of Georgia to Drive Data-Driven Product Development

Data is at the heart of Bank of Georgia’s operations, informing everything from its customer relations to product development. Using Cloudera to bring multiple data sources into one centralised location, the bank can provide intelligent and personalised customer experiences and effectively utilise data to drive innovation.

Thursday, December 19, 2024 - 12:27
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Financial IT
X Financial Announces US$48.7 Million Share Repurchase from Major Shareholder

X Financial, a leading online personal finance company in China, today announced that it has entered into a repurchase agreement with a major shareholder on December 16, 2024, pursuant to which the Company will repurchase 6,349,206 American depositary shares ("ADSs"), representing 38,095,236 Class A ordinary shares of the Company, at a price of US$7.67 per ADS with a total repurchase price of approximately US$48.7 million (the "Repurchase").

Thursday, December 19, 2024 - 11:13
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Financial IT
UnionPay International Works with Industry Partners to Make Payments Easier for International Visitors to China's Mainland

UnionPay International announced its new collaboration with Weixin Pay, which enables users of international UnionPay-powered wallets to scan Weixin Pay payment codes in China's mainland. Eight wallets are now able to offer this feature, namely BoC Pay from Bank of China (Hong Kong), Octopus, PayMe by HSBC, and Tap & Go in Hong Kong SAR; Bangkok Bank Mobile Banking and K PLUS from KASIKORNBANK in Thailand; Naver Pay in South Korea; and ICBC Mobile Banking (ICBC Pay) in Malaysia.

Thursday, December 19, 2024 - 11:09
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Financial IT
lemon.markets Strengthens Leadership Team for Upcoming Growth in 2025

The brokerage-as-a-service platform lemon.markets is strengthening its leadership team to prepare for further growth in 2025. These strategic moves follow a successful funding round led by CommerzVentures earlier this year.

Thursday, December 19, 2024 - 10:53
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Financial IT
Bureau Raises $30M Series B as Global Fraud Losses Hit $486B

AI isn’t just making fraud smarter – it's making it nearly impossible to catch.

Thursday, December 19, 2024 - 10:45
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Financial IT
Smart Payment Solutions Transforming Consumer Experience

“Smart payment solutions are reshaping the way consumers manage their finances and make purchases. The introduction of dual cards, including Enfuce's 2-in-1 debit and credit card with Mastercard, offers unprecedented flexibility and convenience.

Thursday, December 19, 2024 - 10:34
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Financial IT
Affirm and Adyen Expand Partnership to Bring Flexible Payment Options to More Merchants and Platforms

Affirm Holdings, Inc., the payment network that empowers consumers and helps merchants drive growth, today announced that it has expanded its partnership with Adyen, the global financial technology platform of choice for leading businesses. The expanded partnership makes Affirm the first Buy Now, Pay Later (BNPL) provider to support Adyen for Platforms, an end-to-end payment solution for platform businesses and brings more payment options to Adyen merchants in Canada.

Thursday, December 19, 2024 - 10:03
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Financial IT
Worldline Launches FlexPricing, Empowering Software Vendors to Maximize Revenue Streams

Worldline, a global leader in payment services, is proud to announce the launch of FlexPricing, a first-of-its-kind feature designed specifically for Independent Software Vendors (ISVs) to earn revenue in innovative and simple ways.

Thursday, December 19, 2024 - 09:48
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Financial IT
Broadridge Appoints Mike Cowley as Head of International Investor Communications Service Delivery

Global Fintech leader, Broadridge Financial Solutions, Inc. , today announced the appointment of Mike Cowley as Head of International Investor Communications Service Delivery business.

Based in London, Mike will lead Broadridge’s world class services for Global Proxy Operations and Corporate Governance, working on the end-to-end service delivery.

Thursday, December 19, 2024 - 09:42
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Financial IT

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