Partnerships 

Western Union and Beforepay Offer ‘Send Now, Pay Later’ Service to Consumers for International Money Transfers

Western Union and Beforepay announced a first-of-its-kind collaboration, allowing consumers to boost their cross-border money transfers by accessing reliable, ethical and affordable short-term lending. Consumers can ‘Send Now, Pay Later’ by borrowing up to AUD 2000 through Beforepay’s wage-advance product on Western Union’s digital channels.

Themis and Diligencia Announce Strategic Partnership to Help Fight Financial Crime

Themis announces a new strategic partnership with Diligencia, a leading provider of corporate data in the Middle East and Africa (MEA). This partnership reflects the ongoing, significant investment in Themis’ AML/CFT technology, and follows the recent announcement of successfully overfunding in their Pre-Series A round - raising a total of £3.1 million.

AMLYZE and iDenfy Sign a Partnership Agreement to Expand Their Clients' Reach and Gain New Ones

iDenfy, the end-to-end identity verification, compliance, and fraud prevention startup, announced a new partnership with AMLYZE, the SaaS Anti-Financial Crime solutions provider, helping small and medium-sized businesses combat financial crime. The referral Agreement signed by AMLYZE and iDenfy will enable mutual growth. iDenfy’s Referral Agreement helps its partners earn commissions while establishing better client relationships.

Ding Teams Up with Western Union to Offer Mobile TopUp Service from Canada to the World

Ding, the largest international mobile top-up platform, announced an agreement with Western Union that allows Western Union’s Canadian customers to send international top-up payments to the mobile phones of more than five billion prepaid customers around the world. The collaboration gives Western Union’s customers access to Ding’s network of over 600 mobile operators across more than 140 countries, covering 95 percent of the world’s population.

Tudi Selects ThetaRay AI Solution to Monitor Domestic Payments in Mexico

ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced that Tudi, enabling a digital financial community through its mobile app, has chosen ThetaRay’s cloud-based AML solution to monitor its transactions in Mexico for financial crime. A Stella Tech technology company, Tudi is helping the Mexican payment market move to cashless services in a one-stop application that solves the end-user transactional needs, including paying bills, money transfers, top-ups, entertainment services, and government fees.

Cobo Establishes Partnership with Coincover to Provide Disaster Recovery

Coincover, the leading digital asset protection company, announces a new partnership with Cobo, the largest digital asset custodian and blockchain infrastructure provider in the Asia Pacific (APAC) region. This news comes shortly after Coincover’s recent successful $30 million funding round. Cobo is a pioneer of blockchain technology and is therefore constantly looking for innovative ways to improve the industry's security standard, with security becoming increasingly imperative.

Kepler Cheuvreux Selects Opensee’s Trade Management and Execution Analytics Solution

Kepler Cheuvreux, the leading independent European financial services company, is the first financial institution to adopt Opensee's cloud service for trade management and execution analytics. Kepler Cheuvreux, through its Execution activity KCX, will deploy the solution developed and tailored to its needs by Opensee, the leading platform providing financial institutions with multi-dimensional, real-time access to their data.

UK Problem Debt Detection and Prevention App SuperFi Announces Variable Recurring Payments with TrueLayer

TrueLayer, Europe’s leading open banking platform, has announced its collaboration with the UK problem debt detection and prevention app SuperFi, which will provide open banking variable recurring payments (VRPs) to help customers repay borrowings and avoid fees. SuperFi’s platform connects to users’ bank accounts and credit cards to track borrowings and overdrafts in a single interface. Customers can then select and follow personalised plans that help them pay off debt faster.

Flywire Partners with FranConnect to Provide Integrated B2B Payments Solution to the Franchise Industry

Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, partnered with FranConnect, the market leader in franchise management technology, to streamline the payment experience for franchisors looking to grow their businesses both domestically and internationally. FranConnect is expected to extend Flywire’s B2B payments platform through its marketplace to enable franchisors to easily collect royalties and fees from franchisees in different currencies around the world.

New Partnership Brings Glia’s Digital Customer Service Solution to ebankIT’s Digital Banking Platform

Glia, the leading provider of Digital Customer Service (DCS), and ebankIT announced a partnership aimed at humanizing the digital banking service experience for ebankIT clients. ebankIT will now offer Glia’s DCS solution for digital-first customer service as part of its digital banking platform. Pre-integration of Glia’s Digital Customer Service suite within the ebankIT digital banking platform accelerates deployment and time-to-market.

Banesco USA Selects AML RightSource’s AI-Powered Technology to Improve Enhanced Due Diligence Investigations

AML RightSource, the leading provider of Anti-Money Laundering (“AML”), Know Your Customer (“KYC”) and Bank Secrecy Act (“BSA”) compliance solutions, announced that Florida-based bank Banesco USA has selected its Automated EDD (Enhanced Due Diligence) solution for efficient, compliant customer risk reviews with streamlined, AI processes that deliver detailed assessments and reporting.

Wise and G-P Launch Integration to Power Faster, Lower Cost Global Contractor Payments

G-P (Globalization Partners), the leading Global Employment Platform™, and Wise, the global technology company building the best way to move money around the world, announced a partnership that will power the future of how businesses pay international freelancers and contractors. Through the integration with G-P and Wise, companies will have direct access within the G-P platform to an efficient payment system that ensures fairness and pay transparency for all talent.

Iliad Solutions Partners with Serquo to Add ATM Testing Capability

Iliad Solutions Ltd, the world’s foremost payment testing company, has announced a strategic partnership with Serquo Ltd, adding Serquo's leading ATM / Device testing to its t3 testing platform. Initially the companies will work together offering this extended capability to all existing customers, where relevant, providing an end-to-end testing capability. As both companies extend their international reach they will work in partnership on new customer opportunities.

ebankIT and Five Degrees Enter a Strategic Partnership with Global Ambition

ebankIT, an omnichannel digital banking platform, has signed a partnership with °neo by Five Degrees, the cloud-native core banking platform. The collaboration seeks to improve digital experiences by creating a more robust end-to-end banking platform for banks and other lenders. This gives them the modern financial tools to reduce their time-to-market and stay ahead of the competition.

Minima and stacuity Announce Partnership to Propel a Blockchain-Powered Revolution in IoT Connectivity

Blockchain and IoT connectivity leaders, Minima and stacuity are teaming up to revolutionise IoT installations across multiple industries. The partnership will integrate Minima's decentralised blockchain capabilities with stacuity's programmable core mobile network and SIM cards, providing an exciting set of tools for IoT customers.

Trading Technologies and Eurex Enter into Commercial Partnership to Offer EnLight Directly from TT® Platform

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and Eurex Frankfurt AG, the leading European derivatives exchange, announced that they have entered into a commercial partnership in which TT will offer direct access to the Eurex EnLight selective request-for-quote (RFQ) solution from within the TT platform.

Mastercard and Obopay Collaborate to Launch a Unique Prepaid Card to Power Financial Inclusion in Rural Communities

Mastercard and Obopay announced their collaboration to launch a financial inclusion card for smallholder farmers and rural communities. Powered by Mastercard’s Community Pass digital infrastructure, the prepaid card will allow farmers to receive the sale proceeds for their crop digitally, spend their earnings to make purchases even in remote locations that have poor or no connectivity.

Launches 

Revolut Launches Online Checkout Feature with One-click Payment - Revolut Pay

Revolut, the global financial super app with over 20 million retail customers, launched Revolut Pay - a new secure online checkout feature which allows UK and EEA merchants to present ‘Revolut Pay’ as a payment method across product, cart, and checkout pages. Revolut Pay aims to disrupt the payments ecosystem by making shopping online even easier as it facilitates direct payments, while providing best-in-class security for Revolut users.

IDT Introduces Zendit, a Global Prepaid-as-a-Service Platform

IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, announced the launch of its cloud-based prepaid-as-a-service platform, Zendit. Zendit will be introduced at the Mobile World Congress 2023 (MWC) in Barcelona, Spain, from February 27th to March 2nd. With the Zendit platform, businesses of all sizes, entrepreneurs, and developers will be able to easily add a powerful, global monetization channel to their apps and websites.

Remitly Expands into the Middle East with United Arab Emirates Launch, Dubai Office

Remitly Global, Inc. (“Remitly”), a leading digital financial services provider for immigrants and their families, announced it has expanded into the Middle East with the launch of its outbound remittance product in the UAE. Remitly has also opened an office in the Dubai International Financial Center (DIFC), its first in the country. The company’s new presence in the UAE marks its 30th send country, contributing to its more than 4,300 corridors overall.

TransUnion Launches New Open Banking for Gaming Solution

Global information and insights provider, TransUnion, is leading the way in the gaming sector by unveiling its new Open Banking for Gaming solution. With a market-leading categorisation engine, built with over a billion transactions, this new solution incorporates more than 330 categories and sub-categories to give gaming operators a quick and easy way to manage their players and promote safer gaming.

Lava Network Testnet Launches, Aiming to Decentralize Blockchain Access and Power a Multichain Web

Lava Network, the first protocol for decentralized blockchain RPC and APIs, has launched its public testnet following over seven months of private testnet monitoring. They are addressing a longstanding problem in web3, using decentralization to offer high-uptime and scalable service. The protocol represents a one-stop shop for decentralized access to any chain. Lava Network already includes support for over 15 networks including the likes of Cosmos Hub, StarkNet, Polygon, Ethereum and Juno.

Stubben Edge Group Launches Three New Affinity Partnerships, Offering Personalised Insurance Products for 95,000+ Members

Stubben Edge (Risk) Limited (SERL), wholly owned subsidiary of UK-based FinTech Stubben Edge Group has announced that it has launched three new partnerships with the Institute of the Motor Industry (IMI), British Pest Control Association (BPCA) and the Association of Specialist Fire Protection (ASFP). The partnerships provide personalised insurance products for each associations’ members, through a fully white-labelled buying journey, and with 24-hour call-centre support.

Nexi and Jakala Announce CVM Martech Lab, the European Centre for Customer Engagement in Financial Services

Nexi, the European PayTech, in partnership with Jakala, the leading Italian Martech company, has foundedCVM Martech Lab, the new Customer Value Management centre for the financial services sector, which aims to provide banks and fintechs with the best data science, marketing know-how and technologies for CVM development, through solutions that leverage the key role of digital payments in customer engagement.

Liminal Launches ‘Vaults’ Mobile App for Web3 Businesses

Liminal, a leading wallet infrastructure platform, announced its new mobile application on the iOS platform. The app is powered by secure Multiparty Computation (MPC) technology, allowing crypto-native companies to make secure transactions on the go while improving organisational efficiency and productivity. The Liminal app provides organisations to set up secure transactions, enabling them to move assets quickly and securely.

Swedbank Launches Enterprise Analytics Platform to Prepare for Growth by Future-proofing Data Security with Immuta

Swedbank, one of the largest banking groups in Sweden serving more than 8 million customers, has become 100% data access compliant and has improved efficiency across the group five times over since upgrading their legacy data access. The new Enterprise Analytics Platform allows comprehensive, end-to-end data security across the organisation thanks to data security platform Immuta.

Bibby Financial Services and Coface Unveil a New Collaboration Offering Irish SMEs Access to Secure Funding Solutions 

Bibby Financial Services, a leading provider of financial support and funding solutions to Irish SMEs, and Coface, a global leader in trade credit insurance, have joined forces in a new collaboration to help SME’s in Ireland access securely structured funding solutions while also ensuring they are protected against potential lost revenue. 

Revolut Launches Credit Cards in Ireland

Revolut, the global financial super app with more than 2 million customers in Ireland, is starting to roll out its flexible and feature-filled Credit Card to existing customers in Ireland. Revolut continues to disrupt the credit industry, where it has launched Loans with the lowest rate in the Irish market for loans under €20,0001, and Pay Later, the only responsible payment instalments product of its type.

Merger & Acquisition

Noventiq Closes Saga Group Acquisition

Noventiq, the global digital transformation and cybersecurity solutions and services provider, announces that the acquisition of the majority stake of Saga Group has been closed. In September 2022, Noventiq signed an agreement to acquire Saga Group. The transaction strengthens Noventiq's presence in Eastern Europe as well as opening other markets such as Serbia, Montenegro, Bosnia and Herzegovina, and North Macedonia.

ConsenSys Acquires HAL to Augment Infura's Blockchain Notification and Automation Capabilities

ConsenSys announced the acquisition of HAL, a no-code blockchain development tooling platform that helps individuals and organizations query and automate blockchain data. With this acquisition, Infura, the world's leading Web3 API provider from ConsenSys, will extend capabilities in its developer stack by using the strong configurable webhooks/notification service built by HAL. 

Job Moves

Paytech GPS Makes Several Board Appointments

Global Processing Services (“GPS”), a fast-growing next-gen global payments technology platform, announced the appointment of Paulette Rowe, Shane Happach, and Lynn McCreary as independent Non-Executive Directors. Paulette Rowe is one of the most influential women in payments, recognised by American Banker in its annual honours list for three consecutive years, and was formerly CEO of Paysafe’s Integrated and Ecommerce Solutions (IES) division.

Varo Bank Names Wook Chung Chief Product Officer

Varo Bank, N.A., the first all-digital, nationally chartered consumer techbank in the U.S., announced the appointment of Wook Chung as Chief Product Officer. Chung joins the bank at an exciting period of innovation, as it capitalizes on its bank charter, enabling agile product design that provides technology-first solutions to meet customers' most important banking and money management needs. 

MAP Welcomes Dan Ruppe as Senior Vice President of Product Services

Member Access Processing (MAP), the nation’s leading provider of the Visa DPS Debit, Credit, ATM, Prepaid, and Mobile Processing platform to credit unions, announced the appointment of Dan Ruppe as Senior Vice President of Product Services. Reporting to CEO Cyndie Martini, Ruppe will lead MAP’s growing suite of payment services, including the management of third-party solutions from the nation’s leading providers.

Creditinfo Hires Jakub Žalio as Director of Global Technology and Solutions

Creditinfo Group, a global service provider for credit information and risk management solutions, announcesthe appointment of Jakub Žalio as its new Director of Global Technology and Solutions. Žalio joins from Übank, the leading digital bank in Vietnam, whereas Chief Operating Officer he helped to onboard new customers quickly and securely through a fully digitised e-KYC onboarding process. He has also previously worked at APS Vietnam where he formalised and executed critical business strategy.  

Financial Software Ltd. Appoints New Managing Director

Financial Software Ltd. (FSL) has announced the appointment of Michael Edwards as its new Managing Director. The firm offers specialist investment tax solutions and has a proven track record for developing market-leading products since 1994, including the industry’s award-winning capital gains calculator CGiX. Michael joined FSL eight years ago as a member of the Application Support team, creating new app functionality and continuing to develop the capabilities of CGiX for SaaS and Service Bureau clients.

DKK Partners Appoints Former Citi FX Veteran Sandip Sen as Board Advisor

DKK Partners, an emerging markets (EM) foreign exchange (FX) liquidity provider, has appointed former Citi MD Sandip Sen as board advisor to accelerate its global growth. Sen, who held senior posts at Citi for almost three decades, will oversee DKK’s international expansion, and help develop the company’s FX capabilities and services in emerging markets. DKK, which has been seeing steep growth in volumes and revenues, recently announced the launch of its Ghana operation, headed by entrepreneur Sam Nti.

Nordigen Execs Join GoCardless Leadership Team

GoCardless, a global leader in bank payment solutions, has appointed three executives from open banking provider Nordigen, which it acquired last year, to its leadership team. Rolands Mesters, co-founder and former Chief Executive Officer at Nordigen, is now Vice President of Bank Account Data at GoCardless. Fellow co-founder Roberts Bernans, previously Chief Product Officer at Nordigen, has been named Vice President of Connectivity, and former Nordigen Chief Technology Officer Jake Sebastian-Jones has joined the Product team as a Director of Engineering.