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Ebury Appoints Klaus Hoffmann As Country Manager For Germany

Ebury, a global fintech that empowers businesses to trade and grow internationally, today announces the appointment of Klaus Hoffmann as Country Manager for Germany. Klaus will work closely with Ebury’s leadership and local team to support the business’ continued growth and expansion in Germany.

Over more than three decades, Klaus has served in a variety of senior leadership and non-executive director roles at many financial institutions within the FX vertical.

Tuesday, October 22, 2024 - 10:51
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/news/people-moves/ebury-appoints-klaus-hoffmann-country-manager-germany
Financial IT
Tuum Collaborates With Google Cloud To Transform Core Banking Services In EMEA

Tuum, a leading next-generation core banking provider, today announced a collaboration with Google Cloud to enhance the scalability, security, and performance of digital banking services across Europe, the Middle East, and Africa (EMEA). This collaboration is set to empower financial institutions with rapid deployment capabilities, seamless integration, and cost-efficient operations, setting a new standard in the fintech industry. 

Tuesday, October 22, 2024 - 10:36
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/news/core-banking/tuum-collaborates-google-cloud-transform-core-banking-services-emea
Financial IT
Tide Acquires Payroll Solution Onfolk

Tide, the UK’s leading business financial platform, has today announced it has acquired Onfolk, a UK SME payroll solution, with integrations for accounting, pensions and people systems. The move strengthens Tide’s admin proposition for small businesses. More than one in 10 (c.11%) small businesses in the UK now use the Tide app. After the acquisition, Onfolk will be integrated into the Tide app and become Tide Payroll. 

Tuesday, October 22, 2024 - 10:25
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/news/payments/tide-acquires-payroll-solution-onfolk
Financial IT
Temenos Launches Enterprise Service to Power Faster, Lower-Cost Cross-Border Payments

Temenos today launched a SaaS enterprise service for cross-border payments, empowering Payment Service Providers (PSPs), including banks, electronic money institutions (EMIs) and fintechs, to swiftly launch and lower the cost of cross border payment services.

Tuesday, October 22, 2024 - 10:20
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/news/payments/temenos-launches-enterprise-service-power-faster-lower-cost-cross-border-payments
Financial IT
Tietoevry Banking and Tapster Partner to Expand Wearable Paytech Across Europe

Tietoevry Banking, a leading provider of financial solutions, has signed a distribution agreement with paytech company Tapster. This partnership means that Tietoevry Banking will offer Tapster’s innovative payment solutions to its extensive client network of European banks, enabling the possibility for millions of Europeans to access new contactless payment options.

Tuesday, October 22, 2024 - 10:15
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/news/banking/tietoevry-banking-and-tapster-partner-expand-wearable-paytech-across-europe
Financial IT
HSBC Launches New Cross-Border Virtual Account Solution for Banks

HSBC have launched a new cross border e-commerce payment solution for banks worldwide, enabling their merchant business customers trading on e-commerce sites to seamlessly receive EUR and GBP payments via their local bank account.

Prior to HSBC’s introduction of this virtual account solution, businesses in certain jurisdictions were only able to access EUR and GBP funds using cross-border payments at greater cost to e-marketplace platforms and merchants, due to additional fees and FX rates.

Tuesday, October 22, 2024 - 10:09
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Financial IT
Stripe Acquires Stablecoin Startup Bridge in $1.1 Billion Deal to Expand Crypto Infrastructure

Stripe has announced its acquisition of Bridge, a startup specializing in stablecoin infrastructure, as revealed in a tweet on Monday, informs Reuters. Although the financial terms were not disclosed by the company, a report from Forbes last week, citing inside sources, valued the deal at $1.1 billion.

Tuesday, October 22, 2024 - 09:57
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/news/cryptocurrencies/stripe-acquires-stablecoin-startup-bridge-11-billion-deal-expand-crypto
Financial IT
Canva Partners With EBANX to Grow in Latin America

Canva, a global visual communication platform, has formed a partnership with EBANX, a global technology company specializing in payment services for emerging markets.

Tuesday, October 22, 2024 - 09:35
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/news/payments/canva-partners-ebanx-grow-latin-america
Financial IT
Pipe Makes Strategic Push Into UK Through GoCardless Partnership

Pipe, a fintech company partnering with software platforms to deliver embedded financial solutions for SMEs, and bank payment company GoCardless today announced a partnership to reshape capital access for UK businesses.  Under the partnership, Pipe's customer-friendly capital offering will be accessible via the GoCardless platform, providing simple and seamless capital access for its UK customer base.* 

Tuesday, October 22, 2024 - 09:25
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/news/infrastructure/pipe-makes-strategic-push-uk-through-gocardless-partnership
Financial IT
Finastra Reveals Loan IQ Simplified Servicing Solution for Bilateral and SME Loans

Finastra today announced its Loan IQ Simplified Servicing solution at Sibos 2024. The solution takes the rich functionality available in Finastra’s Loan IQ and combines it with a streamlined user interface that’s optimized for servicing high volume bilateral and SME loan portfolios.

Tuesday, October 22, 2024 - 09:20
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/news/lending/finastra-reveals-loan-iq-simplified-servicing-solution-bilateral-and-sme-loans
Financial IT

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