Velotix, a pioneering provider of a revolutionary AI-driven Data Security Platform (DSP), proudly announces a significant investment from Barclays Bank and Capri Ventures. This investment solidifies Velotix's position as the premier choice for leading financial institutions seeking advanced data security solutions.

As companies around the globe grapple with an accelerated pace of change and seek ways to optimize their businesses, Experian® is ushering in a new era of simplification, scalability and automation through the debut of new enhancements to its cloud-based Experian Ascend Technology Platform™.

Newgen Software, a global provider of low-code platform, announced that it has partnered with Finastra, a global provider of financial software applications, to offer best-in-class banking solutions for existing customers and jointly expand the market base. 

Synechron, a leading global digital transformation consulting firm focused on financial services and technology organizations, is pleased to announce five strategic senior appointments that align with the company’s overall growth objectives.

Finastra, a global provider of financial software applications and marketplaces, today announced it has been selected by LGT to roll out instant payment services in Austria and Liechtenstein, with other markets to follow. LGT will implement Finastra’s payment hub using a model bank implementation approach, to accelerate its readiness to meet the EU instant payments regulatory timeline.

Mangopay, a modular and flexible payment infrastructure provider for platforms, has strengthened its team in the UK and Ireland with the appointment of Jonathan Greenland as a new Sales Director. Greenland joins to increase Mangopay’s market share through establishing relationships with key clients while maximising business opportunities. 

The Konsentus Q1 2024 TPP tracker reveals growth in European third parties regulated to provide open banking services outside of their domestic market and an increase in TPPs authorised to initiate payments on an account holder’s behalf.

Key tracker findings (31st March 2024):

Temenos today announced that ZainCash, a subsidiary of March Holding and a leading payment service provider in Iraq, has gone live with Temenos core banking and payments to power the rapid growth and innovation of its digital payment services.

Zopa Bank has entered the UK’s £23 billion renewable energy market, making its suite of fully regulated BNPL and retail finance products available to Octopus Energy customers across the UK.

The deal will see Zopa finance the purchase and installation of Octopus solar panels for the energy giant’s millions of UK customers, spread out in up to 84 installments over 7 years. Octopus is the UK’s largest electricity supplier.

Jaja Finance (“Jaja”) has today become one of the first UK fintechs to launch a Generative Artificial Intelligence (Gen AI) chat assistant using Anthropic’s state-of-the-art Claude 3 model family, accelerating the fintech’s journey to becoming the UK’s leading digital lender.