Fintech start-up iPiD has announced a $3.3M seed funding round by strategic investors Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, Saison Capital, the XA Network and Wing Vasiksiri. In addition, the company has announced the appointment of Alain Raes, a long-time payments industry expert and former SWIFT executive, to the iPiD management team as Chief Commercial Officer.

As part of its ambitious strategy for instant and frictionless transactions, SWIFT today announces a new capability that uses its global intelligence on past cross-border flows to predict potential problems before new international payments are sent.

FCM Bank’s new core banking solution was built to anticipate the current and future expansion plans of the bank and its parent company SAB Financial Group

DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services partner, has partnered with solution provider Temenos (SIX: TEMN) to lead the digital transformation of critical IT architecture for FCM Bank, one of Malta’s leading providers of savings and fixed-term products.

Zimpler, a leading fintech company born in Sweden, has– with immediate effect–appointed Katarina Bonde as their new chair of the board, and Nicolas Köllerstedt as Chief Growth Officer. Bonde will replace Peo Nilsson, who will remain on as a board member.

Business insurance is a necessity for any business, whether that undertaking is a spaza shop or a multi-national corporation. Sadly, many smaller businesses only realise the importance of business insurance when it’s too late.

CellPoint Digital, the global leader in payment orchestration, today announces it has teamed up with

Corserv, a company that empowers banks and fintechs with innovative payment card issuing solutions, announced that it has been certified as Visa Ready as an issuer processor for its modern issuer processor technology platform: Payment Cards as a Service APIs (PCaaSA).

ReceiptHero today announces a major new partnership with Ingenico, a Worldline brand,  allowing acquirers and other payment service providers to enable ReceiptHero’s digital receipt solution across their merchant networks using Ingenico’s new cloud-based solution, Payments  Platform as a Service (PPaaS). PPaaS enables a ‘one-to-many’ integration of payment solutions for thousands of acquirers, helping ReceiptHero to scale its operations rapidly across  Europe. 

Thunes, a global cross-border payments company, today announced a partnership with Alipay+, a suite of cross-border payments and marketing solutions operated by Ant Group. Thanks to this collaboration, Thunes’ customers and merchants in Europe will now be able to accept Asia’s most popular mobile wallets:

Oxbury Bank – the UK’s first and only AgTech bank – has secured £25m in Tier 2 capital funding, with the investment made by British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank.