Ziraat Participation Bank in Sudan, a unit affiliated to Ziraat Katilim Bankasi and Ziraat Finans Group, one of largest banking groups in Turkey operating on both Islamic and conventional platforms, has taken the big leap to implement Path Solutions’ multi-award winning iMAL Islamic core banking platform.

LHV, the fintech focused bank and payment services provider, is pleased to announce that it has commenced providing real-time pound payments via the UK’s Faster Payments scheme. As a result, LHV has become the first bank capable of providing real time euro payments via Single Euro Payment Area Instant (‘SEPA Instant’) and processing pound (‘Faster Payments’) payments, giving it a unique competitive advantage and cementing its position as a leading services provider to the global fintech sector.
 

Kroll, a division of Duff & Phelps, a global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions, today announced that it has expanded its cyber security offerings with the acquisition of RP Digital Security, a Singapore-headquartered leader in computer forensic investigations, digital security and eDiscovery services.

Pascal Financial, an emerging fintech leader with Canada’s only fully integrated, AI-powered digital wealth management platform, today announced that it has integrated its digital wealth platform with Sterling Mutuals, one of Canada’s premier independent mutual fund dealers with over $4 billion in assets under administration (AUA) and more than 300 advisors and support staff.

PayU’s consumer lending business LazyPay and PaySense, India’s fastest growing digital credit platform, have today announced the plans to merge their business operations to build a full-stack digital lending platform in India. PayU will acquire a controlling stake in PaySense and all its assets at a valuation of $185 million. Additionally, PayU will inject a total of up to $200M in the new enterprise in the form of equity capital; $65M of the total amount will be immediately invested, while the balance corpus will be infused in the next 24 months to grow the loan book.

Planixs, the leading provider of real time, intraday cash, collateral and liquidity management solutions, today announced that an award-winning UK bank has selected Realiti Essentials to ensure BCBS248 compliance and manage its intraday liquidity.

A new partnership between IoTech Lab and Keesing Technologies ensures seamless alignment between risk-based approach rating analysis, transaction monitoring and reliable identity verification. By integrating Keesing’s ID verification technology, IoTech Lab provides an extensive Know-Your-Customer checking platform.

LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced two new London-based hires for its EMEA Client Service Team: James Pearson and Abdullah Al Nasiri. Pearson will serve as a Technical Implementation Analyst, while Al Nasiri will serve as a Client Services Analyst.