The British Insurance Brokers’ Association (BIBA) has launched a new member facility with FullCircl, the Customer Lifecycle Intelligence (CLI) platform, that provides insurance brokers with a wealth of comprehensive company information and insights for businesses in the UK and Ireland.

Temenos today announced that Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, has selected Temenos to modernize its core banking platform, helping the bank, which serves seven million Filipinos, to quickly launch new banking products and scale efficiently. With Temenos, Cebuana Lhuillier Bank aims to expand its product offerings and grow to more than 11 million customers over five years.

Colt Technology Services (Colt) the digital infrastructure company, today announced a new partnership with AsiaNext. The partnership will see AsiaNext benefit from a suite of Colt’s secure, high-performance digital infrastructure solutions – including Multicast Market Data in the Cloud and PrizmNet - to facilitate high-frequency trading of a variety of digital securities and crypto derivatives trading.

In an ever-evolving financial landscape, Artificial Intelligence (AI) has emerged as a transformative force. It's reshaping the world of finance in profound ways, ranging from enhanced decision-making to personalised customer services. For example, Bloomberg has created its own large language model trained on its Terminal data, to enhance investment decisions.

Mbanq has created a Banking-as-a-Service (BaaS) ecosystem to leverage the power of a holistic approach to financial solutions. CEO Vlad Lounegov utilized his background and experience to create an all-encompassing technology and services solution based on the actual pain points of bankers and the global shift to digital banking.  

Early Career

Linera, the first blockchain network scalable via microchains, has successfully closed an additional $6M round, led by Borderless Capital. Founded by Mathieu Baudet, former Meta researcher on the Novi digital payments wallet and a cryptographic protocols specialist, Linera’s pioneering technology aims to bring web2 scalability to web3 applications by introducing an unlimited number of user chains powered by an elastically scalable network. 

Corserv, a company that empowers banks and fintechs with payment programs, a company that empowers banks and fintechs with payment programs, has partnered with Ohio-based Peoples Bank to implement an industry-leading credit card program to serve their commercial, small business, nonprofit, local municipalities, and consumer customers. 

Klar, S.A. de C.V. (Klar), the Mexico City-based digital financial services platform, announced today that it has secured a $100 million credit facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit. The financial support from VPC will propel Klar during a moment of transformative growth for the company, as it expands product offers that provide Mexicans with enhanced access to reliable, simple and transparent credit cards.