ThetaRay, the leader in next-generation AI-powered transaction monitoring, sanctions screening, and customer risk assessment, announced today that PAPSS, the Pan-African Payment and Settlement System, selected ThetaRay as its Anti-Money Laundering (AML) and screening partner as it works to revolutionize the settlement of cross-border payments in Africa, estimated to be valued at over $200b.

Tandem, the UK’s greener, digital bank has announced it has transformed its charity partnerships program in 2024 with a bold commitment to support five charities across its offices. The bank also wants to encourage genuine involvement rather than just financial support and will, therefore, provide employees with two days of paid volunteering annually. It will also target 1 million minutes of volunteering by 2026.  

Luxury hotel guest experience management platform Eleanor has appointed Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms, to launch a tailored payment solution for its hotel and resort clients. 

Tide, the UK’s leading business financial platform, is to launch in Germany, with the country becoming Tide’s second market outside of the UK, following the successful start of its operations in India in 2022.

Mastercard today announced Jon Huntsman will join as Vice Chairman and President, Strategic Growth, effective April 15. The former U.S. Ambassador and Governor will lead efforts focused on expanding commercial partnerships with governments and public sector institutions along with driving the company’s inclusive growth, philanthropy and sustainability agenda. He will report to Michael Miebach, Mastercard’s Chief Executive Officer, and will be part of the Executive Leadership Team.

Unlimit, the global fintech company, today announced its entry into the Tanzanian market and the receival of the Bank of Tanzania (“BOT”) licence, marking another significant step in the company’s expansion within the region.

The approval of Unlimit as an authorised payment service provider by the BOT will allow the fintech to provide a range of new offerings such as business payments, merchant services and outbound payments, among other things, to the Tanzanian market.

Zumo, the B2B digital assets infrastructure that prioritises compliance and sustainability, today announces the appointment of Ashwath Mehra as a non-executive director.  

An economist by training, Mr Mehra is CEO of the ASTOR Group, a private investment and advisory business, working across mining, technology, biotech and real estate. He has over 30 years’ experience in debt and equity capital markets and is a respected figure in the global business community. 

fscom , the leading governance risk and compliance consultancy, has acquired risk and compliance solutions provider FMConsult.

fscom said the acquisition accelerates the firm’s expansion into asset and fund management and consolidates its position as a leading authority within the sector.

Temenos today announced that Metropolitan Bank & Trust Co. (Metrobank), one of the Philippines’ largest banks, has partnered with Temenos and Collaboration Betters the World (CBTW) to implement Temenos Wealth, strengthening the bank’s dominant position in the highly competitive wealth management industry.

SmartSearch, the UK’s leading provider of anti-money laundering (AML) and digital compliance software, has partnered with LSEG Risk Intelligence, a foremost global financial markets infrastructure and data provider.