Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announces that it has signed a partnership with Be Informed, a digital transformation platform for the intelligent automation of knowledge work

DPA SmartCloud IFSC Private Limited, a wholly owned subsidiary of Decimal Point Analytics (DPA), has become India’s first ever fintech start-up to be authorised as a ‘Fintech Entity’ by the International Financial Services Centres Authority (IFSCA),the omnibus regulator of the financial SEZ at Gift City, Gujarat.

Securities brokerage CGS-CIMB Singapore has switched on its connection to the private market exchange ADDX, giving all individual accredited investors on its platform access to ADDX’s offerings.

Financial habit-forming platform, Updraft, announces today its latest investment round, raising another £108 million in equity and debt to power its ambitious growth strategy and deliver savings to its fast-growing user base of 300k members.

The senior debt funding round of £100 million was led by NatWest, with Hampshire Trust Bank also joining to create a £160m senior debt facility for the business.

Breinrock, a global premium brand offering a portfolio of fintech payment solutions, announced today the opening of its new office in Dubai, at the Dubai International Financial Centre (DIFC) - one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa, and South Asia (MEASA).

A multi-country consortium consisting of some of Europe’s most trusted identity experts has been chosen to deliver a cross-border payments pilot, in line with the aims of the European Commission’s EU digital identity wallet program. 

UK-based Reading FC today named Acronis, a global leader in cyber protection, as its Official Cyber Protection Partner.

The symbiotic relationship between fintechs and banks is well established but reaching the point where both are happy to collaborate together means getting buy-in on both sides.

Much of this needs to be achieved at C-suite level, with banks’ Chief Technology Officers (CTOs) being key to engaging a fintech for any type of digitisation process. So, when fintechs are approaching banks to become business partners, one of the first things to remember is: “Don’t alienate the CTO.”

iDenfy, the all-in-one fraud prevention startup, best known for its full-stack ID verification solution, has been recognized by G2, the global review space for the B2B space. This week, the feedback platform announced its Winter report, where iDenfy scored first place for being the leader in identity verification.