Today Libeo, a fully integrated and automated business-to-business invoice management and payments platform, bridging the gap between invoice management, payments, reconciliation and accounting, announces the opening of its office in Hewett Street, Shoreditch - a vibrant area of East London in the heart of the SME community. 
 

ABB and Red Hat today announced a global partnership to enable industries using ABB’s process automation and industrial software to scale rapidly and flexibly leveraging Red Hat’s industry-leading enterprise platforms and application services built on Red Hat Enterprise Linux.

Today, Detected, announces the launch of its core product which has been built specifically to transform the onboarding process for the payments industry. 

CASHe, India’s preferred AI-driven financial wellness platform, today announced the appointment of Mr. P.S Jayakumar, the former Managing Director and Chief Executive Officer of Bank of Baroda, as a non-executive director with effect from July 5, 2022. The erstwhile chief of Bank of Baroda has been appointed to the board of Aeries Financial Technologies, the holding company of CASHe’s NBFC arm.

wefox, the Berlin-based insurtech, has successfully closed a Series D funding round of $400m (comprising equity and debt) and increased its post-money valuation to US$4.5bn.

Mubadala Investment Company led the equity raise with participation from Eurazeo, LGT, Horizons Ventures, OMERS Ventures and Target Global.

Open banking platform Yapily has teamed up with spend management platform Soldo to create a simplified payments experience for businesses across Europe.

Estimates suggest that the elderly worldwide lose more than USD$3 billion (around R48 billion) each year to online fraudsters. In a world focused on communicating with the digital native Generation Z and tech-savvy Millennials, who were born into the digital era, are we leaving the elderly out of the conversation, especially when it comes to online security?

ING announced today that it has spun out Pyctor to GMEX Group ("GMEX"), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure.

MorganAsh, the specialist data supplier allowing firms in the financial services sector to manage consumer vulnerability and meet regulatory requirements, today announced a new partnership with Infiinian.  Its new partner, Infinian, is a leading provider of lending insights and data analytics for the consumer finance sector.

The Fintech Power 50, a list of the 40 most innovative companies and 10 visionary personalities shaping the financial services industry, has been revealed for 2022.

The exclusive annual program acts as a hub for driving change and creativity in the financial services industry, helping the sector innovate and grow.