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Modern World Business Solutions Secures £9 Million Growth Fund

Award-winning fintech innovator Modern World Business Solutions (MWBS) has today announced it has secured a £9 million growth fund to fuel the next phase of its expansion across the UK’s fast-evolving business payments and merchant services landscape.

The funding will enable MWBS to scale from 60 to over 200 employees within the next 18 months and expand its operations into underserved segments of the Merchant Services and Software market.

Thursday, July 10, 2025 - 16:42
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Financial IT
Nuvei Partners With flaconi To Power Beauty And Fragrance Retailer’s European Growth

Nuvei today announced an expanded strategic partnership with flaconi, one of Europe's leading online retailers for beauty and fragrance. Since partnering with Nuvei, flaconi has achieved an impressive 30% year-over-year revenue growth in 2024, and the expanded agreement will further support its growth across additional European markets.

Thursday, July 10, 2025 - 16:38
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/news/infrastructure/nuvei-partners-flaconi-power-beauty-and-fragrance-retailers-european-growth
Financial IT
Insurity Advances Modernization For P&C Insurers With 20 Go‑Lives Across Core Insurance Solutions In 2025 To Date

Insurity, a leading provider of cloud-based software for insurance carriers and global intermediaries, including brokers and MGAs, announced today that it has achieved 20 successful customer go-lives in 2025 to date. These span multiple Insurity solutions, including Policy Decisions Evolution, Insurity Pro Suite, Sure Commercial Policy, Insurity Underwriting, Insurity Workers’ Comp Suite, and Insurity Submission Gateway.

Thursday, July 10, 2025 - 16:33
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/news/insurtech/insurity-advances-modernization-pc-insurers-20-go-lives-across-core-insurance
Financial IT
Hex Trust CEO Alessio Quaglini Appointed To Hong Kong SAR Government’s Task Force On Promoting Web3 Development

Hex Trust, a leading digital asset financial institution specializing in custody, staking, and markets services, is proud to announce that CEO and Co-founder, Alessio Quaglini, has been appointed as a non-official member of the Hong Kong SAR Government’s Task Force on Promoting Web3 Development for a two-year term effective from July 1, 2025.

Thursday, July 10, 2025 - 16:26
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/news/infrastructure/hex-trust-ceo-alessio-quaglini-appointed-hong-kong-sar-governments-task-force
Financial IT
VISTRA Appoints Karen Bennett As Chief Delivery Officer
Vistra, a leading provider of essential business solutions that help organisations to invest and grow efficiently and compliantly across the world, is pleased to announce the appointment of Karen Bennett as Chief Delivery Officer (CDO).  
Thursday, July 10, 2025 - 16:23
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/news/people-moves/vistra-appoints-karen-bennett-chief-delivery-officer
Financial IT
Introducing The Credas Compliance Wallet

As a leader in identity verification in the UK we are pleased to announce the Credas Compliance Wallet, a first for compliance solution in the UK. The Credas Compliance Wallet will be a reusable compliance solution designed to reduce friction in the homebuying process, eliminate repeat compliance checks, and combat rising fraud risks across regulated sectors.

Thursday, July 10, 2025 - 16:18
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/news/e-wallets/introducing-credas-compliance-wallet
Financial IT
FCA To Modernise Rules To Unlock Investment

The FCA is planning to review its client categorisation rules to unlock more opportunities for wealthy investors and support capital markets, driving economic growth.

The reform will build on 10 initiatives the FCA has already delivered since January to support growth, with around 50 to be completed by the end of the year.

Thursday, July 10, 2025 - 16:14
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/news/investment/fca-modernise-rules-unlock-investment
Financial IT
Kotapay Selects Advantage Payment Services As RegTech BaaS Partner

Kotapay, a division of First International Bank & Trust (FIBT), today announced 

Thursday, July 10, 2025 - 14:38
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/news/payments/kotapay-selects-advantage-payment-services-regtech-baas-partner
Financial IT
ING Strengthens ATM Network In Spain With 740+ New NCR Atleos Terminals

ING continues its growth in Spain by expanding services for its more than 4.4 million customers. Through more than 740 new NCR Atleos terminals, which will carry the image of ING, its customers of “Cuenta Nómina” will be able to withdraw cash without fees.

Thursday, July 10, 2025 - 14:35
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/news/atms/ing-strengthens-atm-network-spain-740-new-ncr-atleos-terminals
Financial IT
BNY Announces 2025 Ascent Program Graduates, Advancing Innovation in AI and Cybersecurity

BNY today announced the successful graduation of five cutting-edge AI and cybersecurity startups from its 2025 Ascent Program, a structured proof-of-concept (POC) platform designed to help early-stage companies validate their solutions in real-world financial services environments.

Thursday, July 10, 2025 - 14:18
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Financial IT

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