With many East Asian countries including China making travel restrictions a thing of the past in 2023, global tourism is expected to spike, and Europe is expecting an influx of visitors.

Chinese travellers have historically been strong spenders when in  Europe, as well as across the rest of the world. European retailers have so far benefitted from this spending, however many still lack the critical tools to properly cater for it – a familiar payment system. 

Montonio, the Estonian fintech innovator, has received an extension to their existing Payment Institution License from the Bank of Lithuania, empowering the company to hold clients’ funds and provide additional payment services. This license extension paves the way for Montonio to innovate its platform further and bolster its offerings to merchants across Europe.

Wolters Kluwer CCH Tagetik, a leading global provider of information, software and services, and DFGE (Institute for Energy, Ecology and Economy GmbH), are collaborating to help DACH businesses drive the digital transformation of their ESG performance and reporting, in preparation for 2024 

Global Financial Markets Intelligence (GFMI) is pleased to announce the 5th Annual Machine Learning in Quantitative Finance Conference, scheduled to take place in New York from September 20 to September 22, 2023. The conference will bring together leading experts and professionals from the financial industry to explore the latest trends, strategies, and applications of machine learning in quantitative finance.

Teylor, Barclays, M&G Investments and other investors have closed one of the largest fundraisings in the European private debt market for alternative lenders and the fintech industry so far in 2023. The €275m in fresh capital will enable Teylor to continue its rapid growth and allow the company to meet the financing needs of SMEs with a variety of debt products via the Teylor credit platform.

Global cross-border payment infrastructure company Thunes and Rawbank, the leading bank in the Democratic Republic of Congo (DRC), today announced a partnership to facilitate cr

Iliad Solutions, a global leader in payments testing, has announced the appointment of Kevin Emery as Chief Commercial Officer. Kevin will oversee commercial activities globally, responsible for sales and marketing in existing markets, and new market development.

IntellectAI, the WealthTech and Insurtech of Intellect Design Arena driven by advanced AI-led solutions, has been chosen as the winner in the "Artificial Intelligence (AI) Application  (Pan-Asia)" category at the 11th Annual WealthBriefingAsia Awards 2023. The annual WealthbriefingAsia  Awards program recognises the outstanding organisations in Asia Pacific and India, which an elite panel of independent judges deemed to have ‘demonstrated innovation and excellence during the last year’.  

Hazeltree, the leading provider of treasury and liquidity management solutions for the alternative asset management industry, announced today the appointment of Richard Winter as the company’s Chief Technology Officer. Richard brings over 20 years of expertise in FinTech and innovating and delivering leading-edge software solutions for financial institutions.