Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced it has won awards in three categories at the recent Global BankTech Awards 2023.

Nigeria-based, global multi-asset broker Kwakol Markets, which won the ‘Most Innovative Broker – Africa’ at the UF AWARDS MEA 2023, has extended its innovative approach into providing lifelong educational resources, transforming beginners into investors while offering more experienced traders a Telegram community to discuss market trends and strategies. 

As payment acceptance technology and solutions continue to evolve rapidly, identifying and driving system efficiencies is a key priority for the payment community.

PayNearby, India's largest branchless banking and digital network, announced that its meta-commerce platform - PayNearby Mall, has registered exceptionally low return rates, helping its partner brands optimise costs. The platform which enables easy availability of goods and services in an assisted mode at the last mile has generated a return rate of ~10% when the average rate typically ranges between 20-30%.

New research shows a quarter (23%) of Brits have been denied credit due to their poor credit score - this equates to over seven million people across the UK - with around four in ten (43%) wanting an easier way to build their credit score that doesn’t involve taking out new lines of credit.

BuildMyCreditScore, which launches today, bridges this gap by using open banking technology to empower people to build their credit score simply through everyday spending on a debit card.

Lloyds Bank has developed a new solution where clients can request digital Direct Guarantees or Standby Letters of Credit, helping them to trade more efficiently, safely, and securely.

The bank’s Paperless Guarantee initiative, created to support businesses who have a high volume of transactions requiring bank guarantees to be issued, enables instant delivery to recipients⁽¹⁾ while reducing their carbon footprint.

PayPoint today announces that more than 1,000 members of the Federation of Independent Retailers (the Fed) have signed up to become PayPoint Park Super Agents, boosting their earning potential by over £1,000 per year.

Tarabut, MENA’s leading open banking platform, has announced a new partnership with FLOOSS, Bahrain-based digital lending platform. FLOOSS is the first and fastest digital loan app in Bahrain offering consumer loans of up to BHD 750 with a repayment period of up to 12 months.

Inspiration for me appears in unusual places – Weird Barbie, Pink Floyd and the art of the Rugby Drop Goal to name but a few. This time, however, the well lived tones of Miley Cyrus and her song, Wrecking Ball, caught my attention.  I have been reflecting on the highly damaging era of rock bottom interest rates and quantitative easing (QE).  The purveyors of ‘nanny finance’ and free or super cheap money unleashed a financial time bomb into main street whose damaging shock waves will be felt for many years to come.

When adding new identity documents to the database, Regula’s experts meticulously describe all security features, providing detailed descriptions of how every element should look and how exactly one can verify its genuineness. Recent documents, including those integrated into Regula's 2023 database update, reveal a growing trend for more protection against counterfeits, which leads to including more security features or sophisticating the existing ones.