Transak, the leading payments infrastructure provider for crypto and NFTs, has announced a strategic collaboration with Visa,a world leader in digital payments, to implement Visa Direct capabilities and help enhance its global off-ramp service.

This collaboration marks a significant milestone by enabling users in over 145 countries to seamlessly convert their cryptocurrency holdings into local fiat currencies.

Ajman Bank has initiated a collaboration with Mastercard aimed at leveraging the technology giant’s innovative solutions to drive sustainability. The award-winning bank will implement Mastercard’s Carbon Calculator and sign its UAE Sustainable Cards Pledge.

Global financial technology leader FIS® has today announced the launch of its 

 ZILO™, the UK-based FinTech specialising in global asset and wealth management software continues building momentum with the appointment of leading industry figures to its board.  

Amplifi Capital (U.K.) Limited announces it has secured £22.5m in funding from M&G Investments.  Amplifi Capital is the fintech disruptor behind the credit union broker and introducer brand My Community Finance. This significant investment marks a pivotal moment for the company, enabling the fast expansion of Reevo Money - its newest brand and own lending platform. 

 Volt, the global real-time payments platform, today announces its partnership with Bumper, a payment platform for car dealerships, to harness the power of open banking and real-time payments so that consumers can pay for vehicle deposits, repairs, parts, services, and even purchase vehicles outright.

Today, FinTech Scotland, working with professional services supporter Deloitte, and with Tesco Bank, Morgan Stanley and abrdn, launched a first-of-its-kind innovation challenge. The industry-led call to action will encourage financial institutions and innovators from across the Fintech community and beyond to learn collaboratively and facilitate industry forums to collectively share best practices for companies to develop new solutions to key financial regulatory challenges.

Recently there has been a trend among U.S. states of enacting state-specific regulatory requirements for companies engaged in small business financing. These laws intend to standardize disclosures for small business commercial financing, enabling transparency of different financing products and their terms so that small business financing applicants can make informed decisions when applying for a loan or other forms of commercial financing.

2024 is the year of elections. Not only do dozens of countries across the world conduct national elections, representing a big part of the global population, but some of them will happen in high-profile countries. The United States, Asian elections with India at the forefront, the UK, and of course, we cannot exclude Russia's presidential election.

In the dynamic evolution of banking, digital transformation isn't a concluded journey but a continuous pursuit. As DKK Partners' Chief Technology Officer, I see this moment as pivotal, demanding our focused attention and proactive exploration. The financial industry is undergoing a profound shift, integrating digital technologies seamlessly. Beyond a transient trend, this transformation is a strategic imperative for institutions like DKK Partners to stay competitive.