Global financial technology leader FIS® has conducted new research showing that widespread financial anxiety among UK consumers has led to a phenomenon known as 'financial doomscrolling’ - a term describing the excessive monitoring of account balances and banking apps.
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Thought Machine, the cloud-native banking technology company, today announces that Payset will deploy Vault Payments, Thought Machine’s cloud-native payments processing platform. Payset is an existing customer of Thought Machine and is currently live with Vault Core, Thought Machine’s next-generation core banking platform.
Temenos, the banking software company, today announced that Haventree Bank, a federally regulated Schedule 1 bank in Canada, has selected Temenos to support its digital transformation and business growth.
SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces a significant upgrade to its Advanced Payment Control (APC) solution. This update further streamlines and optimises payment investigations by accommodating any number of disparate payment rails to improve resolution times and reduce costs in the era of instant payments.
Qonto, the leading European business finance solution for SMEs and freelancers, announces today two new features which reinforce its commitment to offer the best business banking solution to its 500,000 customers. The first is a new strategic partnership with Wise Platform, Wise’s market-leading global infrastructure for banks and enterprises, to further enhance Qonto’s cross-border payment capabilities.
Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has partnered with Hidden Road, the global credit network for institutions, through Hidden Road Partners CIV US LLC, its futures commission merchant regulated by the U.S. Commodity Futures Trading Commission (CFTC). The move will enable Hidden Road clients to utilize the TT platform for trading across a broad range of asset classes and products, including traditional cleared derivatives as well as digital assets.
Nuvei Corporation, the Canadian fintech company, today announced that it has secured an in-principle approval for a Retail Services Category II License from the Central Bank of the UAE, representing an important strategic expansion into the United Arab Emirates (UAE) and fortifying its global presence and commitment to the Middle East and North Africa (MENA) region.
Interview with Roisin Levine, Head of UK & Europe Partnerships at Wise
Financial IT: Since our last discussion at Money 20/20, can you provide an overview of the growth Wise Platform has experienced?
Finzly, Inc., a leader in innovative payment and financial solutions, today announced a partnership with Frost Bank, a subsidiary of Cullen/Frost Bankers, Inc. headquartered in Texas, to deliver instant payments capabilities to the banks' global business and consumer customers through the Federal Reserve’s FedNow® and The Clearing House’s RTP®.
Nu Holdings (Nubank) announces today a partnership with Lightspark, a global leader in infrastructure for the Bitcoin Lightning Network, Bitcoin’s second-layer blockchain that scales and accelerates transactions. The agreement between the companies aims to evolve the Nu app in the future by incorporating new blockchain-based features or services.