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Sapiens to Be Acquired by Advent for $2.5 Billion

Sapiens International Corporation N.V. , a global leader in intelligent SaaS-based software solutions to the insurance industry, today announced that it has entered into a definitive agreement (the "Agreement") to be acquired by Advent, a leading global private equity investor, for $43.50 per common share, in an all-cash transaction that values Sapiens at an equity value of approximately $2.5 billion.

Wednesday, August 13, 2025 - 13:46
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/news/infrastructure/sapiens-be-acquired-advent-25-billion
Financial IT
Lloyds Secures Contract to Provide Banking Services for Several Government Departments and Public Sector Organisations

Lloyds has won, after a competitive tender, a contract to provide banking services for several government departments and public sector bodies, including the Department for Transport, Driver and Vehicle Licensing Agency, HM Revenue & Customs and the Ministry of Housing, Communities and Local Government.

Wednesday, August 13, 2025 - 13:42
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/news/banking/lloyds-secures-contract-provide-banking-services-several-government-departments-and
Financial IT
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Wednesday, August 13, 2025 - 12:33
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Financial IT
Klarna to Launch as a Payment Option in Autofill on Chrome, Expanding Work with Google Pay

Klarna, the global digital bank and flexible payments provider, will soon be available as a payment option within autofill on Chrome for eligible users in the U.S.

Starting later this year, U.S. Chrome users will soon see Klarna’s interest-free Pay in 4 available in Autofill for purchases over $35, enabling a smoother, more flexible checkout experience. Financing will also be available for higher ticket items with monthly repayments made over a longer period of time starting at 0% APR.

Wednesday, August 13, 2025 - 11:37
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/news/payments/klarna-launch-payment-option-autofill-chrome-expanding-work-google-pay
Financial IT
NMI Ushers in Next Era of Embedded Payments with New CEO Appointment

NMI®, a global leader in embedded payments infrastructure, announces a leadership transition designed to power its next wave of innovation and growth. After seven years at the helm, CEO Vijay Sondhi will step down, making way for seasoned fintech executive Steven Pinado to take the reins as Chief Executive Officer, effective September 2, 2025. To ensure a seamless transition, Sondhi will remain with the company as a strategic advisor through the end of the year.

Wednesday, August 13, 2025 - 11:34
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/news/people-moves/nmi-ushers-next-era-embedded-payments-new-ceo-appointment
Financial IT
GoCardless Launches Industry-Leading AI Tool for Faster, More Reliable Same-Day Payments

Bank payment company GoCardless has announced the launch of a groundbreaking new feature to redefine same-day settlement for Direct Debit.

Wednesday, August 13, 2025 - 11:20
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/news/payments/gocardless-launches-industry-leading-ai-tool-faster-more-reliable-same-day-payments
Financial IT
Tuum Selected by Uptex Bank to Power E-Banking Expansion in Middle East and Africa

Tuum, the leading next-generation core banking provider, has been selected by Oliver Business Development (OBD) Holding to power its newly licensed e-banking services in the Middle East and Africa (MEA) called Uptex Bank. The partnership marks Tuum’s first customer in the Middle East and reinforces its strategy to support innovation-led financial institutions in fast-growing, regulated markets.

Wednesday, August 13, 2025 - 11:14
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/news/banking/tuum-selected-uptex-bank-power-e-banking-expansion-middle-east-and-africa
Financial IT
Bluechain and Visa Partner to Launch B2B Payments Infrastructure for UK Businesses

Bluechain, the B2B payment orchestration platform powering the next generation of business payments, today announced a partnership with Visa to modernise how UK businesses manage B2B payments. This collaboration delivers real-time visibility, end-to-end control, and universal payment flexibility through Bluechain’s intelligent network. 

Wednesday, August 13, 2025 - 10:20
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/news/payments/bluechain-and-visa-partner-launch-b2b-payments-infrastructure-uk-businesses
Financial IT
Al Rayan Bank Goes Live with Finastra to Deliver Seamless Digital Banking Experience for Corporates

Finastra, a global leader in financial services software, announced that AlRayan Bank, one of Qatar’s largest Islamic banks with an international footprint, has successfully gone live with Finastra Corporate Channels, enhancing and streamlining its corporate digital banking services. This next-generation platform enables the bank to offer a unified, secure, and consistent digital experience across all channels, while improving operational agility and customer satisfaction.

Wednesday, August 13, 2025 - 10:06
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/news/digital-banking/al-rayan-bank-goes-live-finastra-deliver-seamless-digital-banking-experience
Financial IT
Affirm Expands Work with Google Pay, Integrates with Autofill on Chrome

Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced that it is expanding its collaboration with Google Pay and making its flexible, transparent payment options available via autofill on Chrome.

Wednesday, August 13, 2025 - 09:48
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/news/lending/affirm-expands-work-google-pay-integrates-autofill-chrome
Financial IT

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