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Qatar’s Lesha Bank Migrates to Latest Temenos Banking Platform

Temenos today announced that Lesha Bank, an investment bank based in Qatar has migrated to the latest Temenos core banking platform to enhance its wealth management and investment banking services.

The move enables Lesha Bank, a long-standing Temenos client, to get to the modern API-driven, cloud-native technology and to have access to the latest banking capabilities from Temenos and the Exchange ecosystem. 

Thursday, December 14, 2023 - 10:15
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/news/banking/qatars-lesha-bank-migrates-latest-temenos-banking-platform
Financial IT
Bitso Business Enabled US$8 Billion Payment Transactions in 2023

Bitso, the leading financial services company powered by crypto in Latin America, announced that during 2023 reached a 60% growth in its operation of the Bitso Business division, which reached an annualized volume of 8 billion dollars globally.

Over the past year, 1,700 institutional clients traded at least once a month through Bitso. Such organizations use Bitso payment rails and blockchain-based technology for mass pay-ins and pay-outs to employees and suppliers, cross-border payments, and other types of financial operations.

Thursday, December 14, 2023 - 09:58
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Financial IT
Mistrust of Technology Exposing a Third of Regulated Firms to Money Laundering - SmartSearch Survey

More than a third (36 percent) of people in regulated firms who ‘can’t trust’ electronic ID verification and instead rely on manual checks are leaving their doors open to financial crime, anti-money laundering expert warns.

This statistic - from SmartSearch’s 2023 annual survey of 500 compliance stakeholders - has doubled since their 2022 survey, when 18 percent of people said they couldn’t trust the technology.

Thursday, December 14, 2023 - 09:55
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/news/aml-and-kyc/mistrust-technology-exposing-third-regulated-firms-money-laundering-smartsearch
Financial IT
AU10TIX Q3 Global Identity Fraud Report Uncovers 56% Surge in Payment Sector, Correlated with Unprecedented Decline in Crypto

AU10TIX, a global technology leader in identity verification and management, today released its Q3 2023 Global Identity Fraud Report.

Thursday, December 14, 2023 - 09:50
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/news/fraud-detection/au10tix-q3-global-identity-fraud-report-uncovers-56-surge-payment-sector
Financial IT
Flutterwave Hires World-Class Executives from Paypal, Stripe, and Western Union, Focusing on Risk, Compliance, and Payment Partnerships to Amplify Growth

Flutterwave, Africa’s leading payments technology company, is excited to announce the appointment of several seasoned leaders from prominent financial services companies, including PayPal, Stripe, American Express, First Data, Western Union, and Square. These appointments reinforce Flutterwave's dedication to risk and compliance to continue growing sustainably and successfully expanding globally.

Thursday, December 14, 2023 - 09:21
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/news/people-moves/flutterwave-hires-world-class-executives-paypal-stripe-and-western-union-focusing
Financial IT
InvesTex Credit Union Partners with Bankjoy to Enhance the Digital Banking Experience for Members

InvesTex Credit Union has partnered with leading digital banking provider, Bankjoy to provide a world-class online and mobile banking experience for its members.

Thursday, December 14, 2023 - 09:15
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/news/digital-banking/investex-credit-union-partners-bankjoy-enhance-digital-banking-experience
Financial IT
Locality Bank Lays Foundation for Enhanced Data-Driven Customer Relationships, Supported by Praxent

Locality Bank, a digital-first community bank, is reinventing local business banking by combining the best of personal relationships with modern technology.

Thursday, December 14, 2023 - 09:07
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/news/data/locality-bank-lays-foundation-enhanced-data-driven-customer-relationships-supported
Financial IT
Rapid Finance Extends Availability of Its API-Supported SMB Disclosure Service to Include Georgia and Florida Ahead of New Commercial Financing Disclosure Requirements

Rapid Enterprise, a division of 

Thursday, December 14, 2023 - 08:55
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/news/regtech/rapid-finance-extends-availability-its-api-supported-smb-disclosure-service-include
Financial IT
​​Yabx and Clickatell Collaborate to Launch WhatsApp Lending in Africa
Yabx, a prominent player in the digital lending space, is making a significant stride forward by launching WhatsApp lending services in Africa, through a collaboration with Clickatell. The move promises to democratize access to financial services and enable customer
Thursday, December 14, 2023 - 08:45
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/news/lending/yabx-and-clickatell-collaborate-launch-whatsapp-lending-africa
Financial IT
Fintech Meniga Raises €15 Million to Scale and Accelerate New Strategy

Meniga, a leader and pioneer in Personal Finance Management solutions, which has delivered work for some of the world’s largest banks and financial institutions, today announces that it has raised €15 million in Series D funding.

Thursday, December 14, 2023 - 08:38
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/news/fundraising-news/fintech-meniga-raises-eu15-million-scale-and-accelerate-new-strategy
Financial IT

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