Avelacom, the low-latency network solutions provider for global financial markets, has been selected by LTP, the leading prime broker for digital assets in Asia Pacific, to provide low-latency network services. This collaboration will benefit LTP’s clients –– hedge funds, quantitative funds like HFT companies, FoFs, and family offices –– by improving trading speeds and reliability across crypto markets.

GTreasury, the pioneer and global leader in Digital Treasury Solutions for the Office of the CFO, today announced the acquisition of CashAnalytics, the world’s leading cash forecasting and AR/AP analytics solution. More than 1,000 business entities across 40+ countries trust CashAnalytics to analyze and optimize over $100 billion in cash flow every day.

Thought Machine, the cloud-native banking technology company, today announces that its client Judo Bank, Australia's first purpose-built challenger bank for small and medium businesses (SME), has successfully migrated its lending business to Vault Core, Thought Machine’s cloud-native core banking platform, and is operating live.

Quilter, the FTSE-250 wealth manager, is pleased to announce that it has agreed to acquire NuWealth, a fintech business. This supports Quilter’s objective to enhance digital capabilities to better support customers and advisers.

A new study from Juniper Research, the foremost experts in fintech & payment markets, has found that the volume of global transactions via A2A (Account-to-Account) payments will rise from 60 billion in 2024 to 186 billion by 2029; an increase of 209%.

The Bank of London, the UK’s newest clearing bank and one of only six established in the last 250 years, is pleased to announce that it raised £42 million during August in an over-subscribed funding round led by Mangrove Capital Partners.

This announcement comes shortly after the appointment of Stephen Bell as Chief Executive Officer, and the increased funding will position the bank for its next phase of growth in its core UK market.

Experian has today announced that Oakbrook, a non-bank provider of consumer lending solutions, will now be using Experian Boost data in its decisioning process for personal loan applications. This partnership will increase access to credit for customers who traditionally may not have been eligible - driving financial inclusion and offering more competitive loan options.

Global payment orchestration platform FinMont has announced a new partnership with Danish Payments Service Provider Inpay. The new alliance will allow FinMont to incorporate Inpay’s global banking network into its own payments ecosystem, expanding Finmont’s global reach and speeding up cross-border disbursement times for the benefit of its international travel merchants.

Pennies, the award-winning fintech charity which enables micro-donations to charity, successfully held its first ever Micro-Donation Day on Monday, 26 August 2024 which, in addition to boosting awareness of the micro-donation movement, raised £30,000 for charities including Cancer Research UK, MND Association and Great Ormond Street Hospital Charity - thanks to more than 130,000 individual donations.

iDenfy, an AI-powered identity verification, compliance, and fraud prevention solutions provider, partnered with Confindo, a leading provider of IT solutions specializing in customer relationship management (CRM) tools for group companies and external partners. This collaboration will help Confindo manage third-party risks and ensure proper fraud and breach prevention while building a seamless and secure verification experience.