For the next generation of consumers – Millennials and Gen Z – sustainability has never been more relevant in defining their choices and preferences. According to research, as many as 73% of millennials are willing to pay more for sustainable products compared to 66% of the general population – and this behavior is translating over to payments and financial services.  

 AutoRek, a leading automated financial controls platform, has partnered with Calastone, the largest global funds network, to improve and simplify the consolidation and reconciliation of fund manager data, through the use of Calastone Reporting, helping investment firms to save time and costs.

First Citizens Bank today announced that its business and consumer banking customers can now instantly receive secure payments in their savings and checking accounts via a national instant payments network called the RTP® network.

NymCard, a leading Banking-as-a-Service (BaaS) provider, has joined forces with Mastercard to offer fast global money transfers to its customers from the UAE to 47 countries through one secure connection.

Tuum, a next-generation core banking platform provider, is pleased to announce the appointment of Stephen Frame as its new Head of Compliance and Risk.

With over 20 years of experience leading compliance, risk, and security functions across financial institutions, fintechs, and large merchants, Stephen brings a wealth of expertise to Tuum as it continues to expand and strengthen its operations in an increasingly complex regulatory environment.

Paymob, MENA’s leading financial services enabler, announces a $22 million Series B extension round - taking the Company’s total Series B funding to $72 million. 

The funding was led by EBRD Venture Capital with participation from Endeavor Catalyst. Existing investors PayPal Ventures, BII, FMO, A15, Nclude and Helios Digital Ventures participated in the round, reaffirming their endorsement of Paymob’s business model, strategy and leadership in the regional fintech sector. 

Landesbank Baden-Württemberg (LBBW), Germany's largest state bank, has selected Fenergo, the leading provider of solutions for know your customer (KYC), client lifecycle management (CLM) and transaction monitoring to provide a new cloud-based client onboarding system

Thunes, the Smart Superhighway for money movement around the world, announces a strategic alliance with TeleMoney, the International Remittance arm of Arab National Bank (ANB). This collaboration marks a significant milestone, as TeleMoney’s membership in the Thunes Direct Global Network underscores the growing trust that Thunes has earned from established financial institutions in Saudi Arabia seeking to expand their global cross-border payment capabilities.

Diebold Nixdorf, a world leader in transforming the way people bank and shop, today announced that Kathleen Creech is joining the company as executive vice president, and chief people officer, effective Sept. 16. She will be responsible for leading employee-focused initiatives across the organization and overseeing the global human resources (HR) strategy for 21,000 Diebold Nixdorf employees worldwide