TransferWise today announces its renaming to Wise. Originally launched in 2011 as a money transfer service for people, the company has expanded to build a cross-border payments network helping to make international banking cheaper, faster and more pleasant for its 10 million personal and business customers. 

Tweeq, a Saudi fintech which aims to provide a feature-rich spending account for individuals and SMEs, has signed exclusive partnership agreements with Mastercard, the leading technology company in the global payments industry and Paymentology, a leading digital commerce service and payment solution provider.

Avaloq, a global leader in digital banking solutions, core banking software and wealth management technology, has won the Best Integrated Front Office Solution award at today’s Asian Private Banker Technology Awards. 

Acin has been chosen as one of the first ever RiskTech providers to join the UK Department for International Trade (DIT)’s overseas roadshows, due to its pioneering approach to non-financial risk management, which is setting the global standard.

  Record £125bn added to saving reserves during lockdown¹, average £5,000 per household

• Interest rates remain at historically low levels²

Bank of England estimates £1.6tr in household cash deposits - £225bn in non-interest bearing deposits³

Marqeta has developed a new credit card issuing platform to help the world’s innovators launch cutting-edge credit products in an industry dominated by traditional players. This move into credit rounds out Marqeta’s comprehensive card issuing platform, which allows them to power any card type – credit, debit, and prepaid – through Marqeta’s modern card issuing platform.  

Goode Intelligence (www.goodeintelligence.com) is delighted to announce that Biometric Summit 2021 will take place on Tuesday 13th April as an online event.

Genetec Inc. (“Genetec”), a leading technology provider of unified security, public safety, operations and business intelligence solutions, today announced the launch of its brand new Virtual Experience Center. The platform enables channel partners and end users to easily and efficiently collaborate with Genetec employees to discuss projects, view demos and access materials, in one virtual environment from anywhere in the world.

It has been said that prediction is very difficult, especially if it’s about the future. The unprecedented events of 2020 demonstrated quite how difficult it can be. The monumental uplifts in digital volumes, shifts in customer requirements and broader economic impact would have been (and frankly still are) barely conceivable.

ING is announcing today that it intends to withdraw from the retail banking market in the Czech Republic. Raiffeisenbank Czech Republic has agreed to prepare a welcome offer for ING’s retail customers in the Czech Republic.