Torstone Technology, a leading SaaS provider of post-trade securities and derivatives processing solutions, is pleased to announce a strategic partnership with CGS-CIMB Securities, a leading securities house in the Asia-Pacific region.

CGS-CIMB Securities has gone live with Torstone’s award-winning platform as a middle office replacement solution and continues to work with Torstone to improve automation and provide a single cloud solution for their Asia-Pacific operations.

Paris-based payment processor Score & Secure Payment (SSP) has partnered with Europe’s leading open banking platform, Tink, to enhance its payments solution across Europe. 

SSP, who specialise in account-to-account payments with over 14,000 merchants in Europe, will use Tink’s Payments technology to power its new Pay by Bank option in multiple Eurozone countries including France, Germany, Italy, and Spain. 

Paycepaid, an emerging debt collection software provider, has announced it will use consumer-consented financial data provided by Envestnet®| Yodlee® under Australia’s Consumer Data Right (CDR) to assist with near real-time financial hardship assessment of its customers. 

This will allow Paycepaid to make informed data-led decisions about a customer’s ability to repay debt and help people become debt-free.

For merchants, the payment experience has become business-critical, and vital to their relationships with customers. They need frictionless payments that are integrated into the customer buying journey.

The European Investment Fund (EIF), part of the EIB Group, is providing two guarantees totalling €50 million to illimity Bank to improve access to finance small and medium-sized businesses (SMEs) in Italy. These SMEs primarily focus on sustainability, innovation and digitalisation. The EIF transactions are backed by the InvestEU programme. 

Over a third (35%) of finance organisations across UK critical national infrastructure (CNI) anticipate a rise in cybercrime as a direct result of the current economic crisis, according to 

TeamLease HRtech, a leading provider of comprehensive HCM solutions, has launched Paylief, a one-click payroll platform that is a part of its end-to-end HCM platform. Paylief allows organisations to efficiently handle their Payroll as a unified SaaS platform. Users can utilize it as an integral part with talent acquisition, workforce management, employee benefits, and legal compliances.

Market Pay Group (“Market Pay”) today announces that it has signed an agreement for the acquisition of Polish fintech Novelpay, including its French subsidiary PAX France Novelpay, to further accelerate the development of its pan-European payments platform.

Novelpay is one of Europe’s fastest-growing players for the development of independent software vertical (“ISV”) solutions for payment terminals and associated terminal distribution.

Broadstone, a leading independent pensions, investment and employee benefits consultancy, announces the appointment of Sarah Edwards as a Transformation and Delivery Consultant. 

Sarah arrives at a time of rapid expansion. Alongside sustainable organic growth,  Broadstone has also made numerous acquisitions which include H&C Consulting  Actuaries and OAC joining the business this year. 

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