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Mastercard Accelerates Commitment to Digital Transformation in Africa

Mastercard and the African Development Bank Group have launched the Mobilizing Access to the Digital Economy (MADE) Alliance: Africa to extend digital access to critical services to 100 million individuals and businesses in Africa over the next 10 years. The announcement was made on the sidelines of the U.S.-Africa Business Forum hosted by the U.S. Chamber of Commerce.

Thursday, May 30, 2024 - 10:24
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Financial IT
Hyperledger Foundation Announces Six New Members, Including Chainlink Labs, Intersect, and LayerZero Labs; Spotlights Technology in Action at Consensus

Today, Hyperledger Foundation, the open, global ecosystem for enterprise-grade blockchain technologies, announced Applied Blockchain, Chainlink Labs, Cheesecake Labs, Digi Yatra Foundation, Intersect, and LayerZero Labs as new members. They join as Hyperledger Foundation kicks off its 7th year at Consensus to be front and center for the celebration of 10 years of decentralizing the future.

Thursday, May 30, 2024 - 10:14
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Financial IT
Flutterwave Named ‘Fintech of the Year’ at the African Banker Awards

Flutterwave, Africa’s leading payments technology company has been named ‘Fintech of the Year’ at the African Banker Awards, held in Nairobi, Kenya, on the sidelines of the African Development Bank Annual Meetings. This recognition highlights Flutterwave’s contributions to the financial technology sector and its unwavering commitment to fostering economic growth and financial inclusion across the African continent.

Thursday, May 30, 2024 - 10:08
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Financial IT
SRM Introduces Artificial Intelligence Offering to Help Financial Institutions Safely Adopt AI Solutions

SRM (Strategic Resource Management, Inc.) announced the launch of a suite of Artificial Intelligence (AI) advisory services focused on generative AI, especially Large Language Models (LLMs), for financial institutions. SRM's experts are helping clients accelerate their AI aspirations with compliance-driven policy development, AI strategy, AI opportunity assessments, vendor data security reviews, and implementation support.

Thursday, May 30, 2024 - 09:56
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Financial IT
Fime and ITC PLC Bring Local EMV® L3 Payment Terminal Testing to Bangladesh

Fime has partnered with Bangladesh-based technical service provider ITC PLC to deliver local EMV® Level 3 test services. This supports the nation’s expanding digital payments ecosystem. Stakeholders can now validate and integrate their payment terminals locally, reducing time to market and costs.

Thursday, May 30, 2024 - 09:52
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Financial IT
Thunes Names Ruwan De Soyza General Counsel

Thunes, the global money movement innovator, today announced Ruwan De Soyza as General Counsel to oversee all legal, compliance and secretariat affairs as the company accelerates growth worldwide. Reporting to Floris de Kort, Thunes’ CEO, De Soyza will lead a team across a broad range of practice areas, including payment regulation, licensing, compliance, M&A and commercial contracts.

Thursday, May 30, 2024 - 09:49
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Financial IT
Featurespace's Pilot with Pay.UK Again Demonstrates the Potential for National Payments Systems to Help Combat Fraud

Leading AI-powered fraud and financial crime prevention company, Featurespace, has today announced the results of a major pilot with the independent, not-for-profit operator of the UK’s national retail payments system including Faster Payments, Bacs and Direct Debit, Pay.UK, to protect UK consumers from Authorised Push Payment (APP) fraud.

Thursday, May 30, 2024 - 09:47
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Financial IT
Andrew Bresler Appointed CEO of Saxo UK

Saxo, the leader in online trading and investment, today announces the appointment of Andrew Bresler as CEO of Saxo UK, effective June 3rd. He takes over from interim CEO Simon Camilleri.

Thursday, May 30, 2024 - 09:43
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Financial IT
Moneyhub Launches New Carbon Counter API ‘Recipe’, Unlocking the Ability to Give Customers an Overview of the Carbon Footprint of Their Financial Transactions

Moneyhub, the market-leading data and payments platform, has partnered with leading carbon measurement companies to launch its latest API ‘Recipe’, Carbon Counter, empowering businesses to deliver real-life insights to their customers into the environmental impact of their financial behaviours. The Recipe combines Moneyhub’s Open Banking and Open Finance API connections to ensure plugging into existing systems and solutions is quick, easy and cost-effective.

Thursday, May 30, 2024 - 09:37
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Financial IT
payabl. Partners with Zimpler to Accelerate Instant Payments Growth

payabl., one of Europe’s leading PayTechs, announced today its partnership with Zimpler, a leading company in instant bank payment solutions, with one of the highest bank coverages in the Nordics.

Thursday, May 30, 2024 - 09:34
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Financial IT

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