In a move upending the hottest part of the fintech market, two of the world’s leading issuer processors – Paymentology and Tutuka – are merging to create a new payments and card processing powerhouse.

Operating under the Paymentology name, the merger creates a new force in payment solutions; giving banks and fintechs the technology, team and experience to issue and process Mastercard, Visa and UnionPay cards, across 49 countries.

Quantile Group Ltd (Quantile), a leading provider of portfolio optimisation services for the global financial markets, today announces that it is to be acquired by London Stock Exchange Group plc (LSEG). The acquisition will enable Quantile to continue to deliver its market leading services and will accelerate product development, the launch of new services and expand its network to better serve its clients.

The partnership will improve London Mutual’s services by creating a frictionless journey for customers, providing the option to make payments directly from their accounts.

~ Envisions achieving Rs 1,000 crore AUM by March 2024 ~

Mcapital, the lending arm of Mswipe, today announced the appointment of Rohit Agrawal as Chief Executive Officer.

Rohit, who has more than 15 years of experience in financial services and lending, will spearhead Mcapital with a view to achieve Rs 1,000 crore AUM by March 2024

Companies collaborate to disrupt legacy banking and pioneer a new future of banking

Rapidly growing blockchain startup XY Finance has announced that it has closed a $12M funding round led by some of the most prominent venture capital firms in the cryptocurrency space.

New York, NY | Option to attend virtually

March 31 – April 1, 2022 | 08:30 EDT

ING notes the announcements made today by the European Banking Authority (EBA) and the European Central Bank (ECB) regarding the information of the 2021 EU-wide Transparency Exercise and Risk Assessment Report.

Background EU‐wide Transparency Exercise  

The EBA Board of Supervisors approved the package for the EU‐wide Transparency Exercise, which since 2016 is performed on an annual basis and published along with the Risk Assessment Report (RAR).

Klub has raised a debt financing round by Northern Arc Capital, to scale its embedded financing offering for e-commerce merchants, to provide flexible growth capital. 

At least 14 million tons of plastic end up in the world's oceans every year. The globally difficult situation is improved by collecting plastic waste from oceans and coastal areas and reusing it. As the first in Finland, the Savings Banks Group will offer its customers an option to have their debit or credit card made from ocean plastic. TietoEVRY manufactures, personalises and delivers payment cards to the Savings Banks’ customers.