Paya Holdings Inc. , a leading integrated payments and commerce solution provider, today announced the acquisition of VelocIT Business Solutions (“VelocIT”).

Global Cybersecurity Leaders Also Launch Office of Diversity, Equity and Inclusion (DEI) to Advance Corporate Culture and Career Advancement

BENKER is to become the first officially licensed blockchain neobank launched in Europe following approval by the Bank of Lithuania under the Electronic Money Institution (EMI) category. Now open for pre-registration, it is the first financial services provider in the European Union to operate entirely on blockchain.

• Targets Rs. 24,000 crores in TPV run-rate by end of 2022
• BharatPe’s Buy Now Pay Later records 1.8 Mn downloads in 90 days
• 300,000 individuals utilized interest free credit in the first quarter

 A new report from leaders in reconciliation and finance automation software, AutoRek, has found widespread concerns around the ability of businesses to grow amidst scalability and regulatory pressures over the next three years, affecting 92% of professionals surveyed.

The report – Banking and Payments in 2022: Digital transformation and trends in financial technology – was designed to create an instructive picture of the key challenges and solutions facing the financial industry as it enters 2022. 

New capabilities enable ecommerce sites and marketplaces to create seamless onboarding experiences while fighting fraud

Elucidate, the financial crime risk scoring company, has launched a standardised, transparent product for pricing financial crime risk, which it says will provide fairness and comparability within the market.

• Over 120 million bank customers are now ‘self-driving’ their finances with Personetics’ Engagement Platform and improving their financial well-being
• Personetics’ Engagement Platform has generated over 6.5bn insights and saved for customers utilizing its business solutions over $500m
• Personetics partners with over 80 financial institutions in 30 global markets
• Personetics’ growth has been driven by its advanced AI analytics and data assets which are adaptive to any market

Nutanix has announced the findings of its fourth global Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption. The research showed that multicloud is currently the most commonly used deployment model and adoption will jump to 64% in the next three years.

Financial services firms who invested in next-gen technologies and continued their digital transformation push in 2021 are already experiencing the positive effects of these investments, according to a new global survey of 750 financial service firms, released today by global fintech leader Broadridge Financial Solutions (NYSE: BR).