XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, and Banking Circle, the innovative tech-driven Payments Bank, have entered into a strategic partnership. This collaboration aims to reduce the cost and processing time of cross-border payments for XTransfer's clients, particularly benefiting Chinese suppliers with significant markets in Europe and the Middle East.

Stripe, a financial infrastructure platform for businesses, today announced that it will become the primary payments partner globally for Accor—one of the world’s largest hospitality companies comprising more than 40 hotel brands in 5,600 locations across more than 110 countries.

Smart money app Plum has expanded its investment offering to include ETFs across its EU markets. Customers can now invest in diversified funds by geographical region, sector and asset class, as well as tracking multiple stock market indices from around the world. 

BridgeFund, a challenger SME lender based in Amsterdam, chooses Mambu to fulfil its mission of bridging the financial needs of entrepreneurs. By utilising Mambu’s cloud banking platform, BridgeFund can build its deposit, and soon, lending offerings with reliability and ease, while scaling in the Dutch market and beyond.

Omnipresent, a leading provider of global employment solutions, has partnered with Mangopay, a modular and flexible payment infrastructure provider for platforms, to power its new Contractor Management Solution.  

Temenos today announces that Eurobank Cyprus, the country’s third largest bank with deposits exceeding €7bn, has gone live on Temenos, completing a full IT refresh of its core and digital banking systems. The move further strengthens the bank’s customer services and competitive position as the primary bank of choice across affluent, international, corporate and wealth management segments.

MoneyGram International, Inc. ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced the appointment of Gary W. Ferrera as Chief Financial Officer ("CFO"). In this role, Ferrera will lead all aspects of finance, accounting, tax and treasury, in support of the continued growth and digitization of the business. He will report directly to Alex Holmes, MoneyGram Chairman and CEO, and will serve on the Executive Leadership Team. His appointment is effective today, June 10, 2024.

The Middle East Banking Innovation Summit 2024 (MEBIS), an exclusive gathering of industry leaders, innovators, and experts, is set to host its 15th edition from September 18-19, 2024, at the prestigious JW Marriott Marina Hotel. This highly anticipated event will delve into various topics, including the transformative potential of artificial intelligence in the banking sector.

Citi today announced the launch of Citi Real-Time Funding (RTF), the latest addition to its real-time treasury suite of solutions for corporate clients. Citi Real-Time Funding is now available in Australia, Hong Kong and the United Kingdom, with plans to expand to additional markets later this year.