Backbase is proud to announce that the Backbase Engagement Banking Platform is now listed in the Microsoft Azure Marketplace, online store providing applications and services for use on Azure. Backbase customers can take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.

Crypto.com, the world’s fastest growing cryptocurrency platform, announced today it has secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration by acquiring payment service provider ‘PnLink Co., Ltd.’ and virtual asset service provider ‘OK-BIT Co., Ltd.’.

Geopagos, the payment acceptance infrastructure with the most comprehensive omnichannel offering in Latin America, has announced that it has received a $35 million equity round led by Riverwood Capital, a global investor in high-growth technology companies, with participation in Endeavor Catalyst. The round represents the company’s first institutional financing and will facilitate the acceleration of its expansion plan in Latin America while increasing investments in its technological infrastructure.

Penfold, the digital pensions platform, today announces the close of its £7m Series A funding round. This follows the significant expansion of the business and the launch of its workplace pension platform in late 2021. 

Digital payment expert, PayPoint, is expanding its range of solutions available to help local authorities financially support the most vulnerable people in their communities. The launch of Love2shop Essentials Range, developed in partnership with Appreciate Business Services, the home of Love2shop, follows the success of PayPoint’s Cash Out offering.

Digital Investment Platform Stackwell Closes $3.5M Round

Partnerships 

ACI Worldwide and CARDNET Partner to Modernize Digital Payments in Japan

Neobanks are shaking up the fintech (financial technology) industry with their innovative technologies and unique business models. Sometimes referred to as “challenger banks,” neobanks are fintech companies that offer financial services solely digitally or via a mobile app, without physical branches.

TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), has released a full suite of Thai Overnight Repurchase Rate (THOR) analytical data enabling customers to better view the changing Thai Baht market.

Fusion Risk Management, Inc. ("Fusion"), a leading provider of operational resilience, business continuity, and risk management software and services, today announced its innovative Scenario Testing functionality was named 'OpRisk Scenarios Product of the Year' at the Risk Technology Awards 2022.