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Temenos and Tech Mahindra Launch New Service on Temenos SaaS for EMIs to Get Faster to Market

Temenos today announced it has signed an agreement with Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions, for Tech Mahindra to provide a core banking offering on Temenos SaaS specifically designed for Electronic Money Institutions (EMIs) in the UK and Europe.

Tuesday, July 2, 2024 - 10:00
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/news/saas/temenos-and-tech-mahindra-launch-new-service-temenos-saas-emis-get-faster-market
Financial IT
APP Scams Are the Most Dangerous Type of Fraud, According to The Payments Association Report
Decision-makers from payments businesses across the UK have identified Authorised Push Payment (APP) fraud as the top threat to both their businesses and consumers. This is according to the first findings of an in-depth financial crime survey by The Payments Association, which champions innovation and collaboration across the industry, due for full publication later this month.
 
Tuesday, July 2, 2024 - 09:57
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/news/fraud-detection/app-scams-are-most-dangerous-type-fraud-according-payments-association-report
Financial IT
Stitch Partners with Absa to Offer Absa Pay for Enterprise Merchants Across South Africa

Payments infrastructure company Stitch today announced that it will partner with Absa, one of South Africa’s leading banks, to make the newly launched Absa Pay available to Stitch merchants. Stitch will offer all available direct bank APIs, including Absa Pay, Capitec Pay and Nedbank Direct API, as part of its broader Pay by bank solution.

Tuesday, July 2, 2024 - 09:49
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/news/payments/stitch-partners-absa-offer-absa-pay-enterprise-merchants-across-south-africa
Financial IT
KFH Launches (WAMD) for Sending and Receiving Money via Mobile Number

In line with the latest payment technologies and to enhance the customer experience, Kuwait Finance House (KFH) has launched a new digital service called (WAMD). This service allows customers to send and receive money instantly and for free using their mobile numbers, 24/7.

Monday, July 1, 2024 - 16:24
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/news/payments/kfh-launches-wamd-sending-and-receiving-money-mobile-number
Financial IT
From Europe to Brazil: Noda's Latest Expansion Unlocks New Opportunities for Merchants

Noda is expanding its open banking network to Brazil. The global open banking and payments provider, Noda, already operates in Europe, the UK and Canada.

Monday, July 1, 2024 - 16:20
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/news/banking/europe-brazil-nodas-latest-expansion-unlocks-new-opportunities-merchants
Financial IT
Clearstream, DekaBank, and DZ Bank Successfully Issue Tokenised Bonds on DLT at ECB Trials

Clearstream, DekaBank and DZ Bank have jointly issued two tokenised €5-million bonds using distributed-ledger technology (DLT). The issuances took place in the context of the ECB trials aimed at exploring the potential of DLT for settling wholesale transactions in central bank money.

Monday, July 1, 2024 - 14:39
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Financial IT
CommBank Invests Over $60 Million on Bank Branches in FY24

With Australia’s largest bank branch and ATM network, and a moratorium to keep regional branches open until at least the end of 2026, CommBank has increased its investment in upgrading its network. More than $60 million was invested over the 2024 financial year, with $17 million in refurbishments undertaken in the June quarter alone.

Monday, July 1, 2024 - 14:36
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/news/infrastructure/commbank-invests-over-60-million-bank-branches-fy24
Financial IT
BlackRock to Acquire Preqin, Leading Private Markets Data Solutions Provider

BlackRock, Inc. has agreed to acquire Preqin, a leading independent provider of private markets data for £2.55 billion or approximately $3.2 billion in cash. Bringing together Preqin’s data and research tools with Aladdin’s complementary workflow capabilities in a unified platform will create a preeminent private markets technology and data provider.

Monday, July 1, 2024 - 14:32
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/news/trading-systems/blackrock-acquire-preqin-leading-private-markets-data-solutions-provider
Financial IT
Conio, in Partnership with Mesh, Launches Europe's First Open Banking Solution for Bitcoin: a Unified Gateway to Leading Global Crypto Platforms

Mesh, a US-based fintech company offering integrations with over 300 leading exchanges and wallets that recently completed a $22 million Series A round and received a $6.5 million strategic investment from PayPal Ventures, and Conio, the Italian fintech company backed by Poste Italiane and Banca Generali, which introduced Italy's first Bitcoin and digital assets wallet, announce today the launch Europe’s first Open Banking solution for Bitcoin.

Monday, July 1, 2024 - 13:13
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/news/cryptocurrencies/conio-partnership-mesh-launches-europes-first-open-banking-solution-bitcoin
Financial IT
Travel Debit Card Currensea Smashes Crowdfunding Target in Just Four Hours as It Raises Over £1.7m on Seedrs

Travel debit card Currensea has surpassed its crowdfunding target in just four hours after launching on the Seedrs platform. Currensea, a money-saving travel card linked to existing current accounts, has already raised over £1.7m from 760 investors.

Monday, July 1, 2024 - 13:08
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Financial IT

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