Financial Services Data Intelligence Platform Bud Chooses Vilnius as European Hub
- 4 months 2 days ago
- Infrastructure
After receiving the Account Information Service (AIS) Provider license, the financial data intelligence platform Bud Financial (Bud) is expanding its team in Lithuania. Established in Vilnius last year, Bud’s Lithuanian office will become one of the company’s hubs for technical and risk roles, powering its growth in the region and across Europe.
Microsoft Faces Major IT Outage, Shares Drop
- 4 months 4 days ago
- Infrastructure
On July 19, 2024, Microsoft faced a significant IT outage affecting various services, including its cloud-based platforms. The outage, which began early in the day, caused widespread disruptions for businesses relying on Microsoft's cloud services. Microsoft has since reported that the issue has been resolved, but the incident has raised questions about the robustness of their infrastructure.
Tandem Bank Smashes £650 Million Milestone in Home Improvement Lending for Greener Homes
- 4 months 4 days ago
- Infrastructure
Building the UK’s greener, digital bank, Tandem is proud to announce it has approved £650m in new lending in green and ‘pathway to green’ home improvement lending (HIL). This milestone highlights Tandem’s ongoing commitment to helping UK households reduce their carbon footprint and enhance energy efficiency.
Entersekt Closes Record Year of Growth and Expansion
- 4 months 5 days ago
- Infrastructure
Entersekt, The Financial Authentication Company, announced today that it achieved unprecedented growth in its 2024 fiscal year, driven by the continued adoption of its innovative authentication solutions. Financial institutions worldwide are increasingly choosing Entersekt as their partner to fight digital banking account takeover (ATO) fraud and card-not-present (CNP) payment fraud.
CNBC Names Trustly a Top 250 Fintech Company for 2024
- 4 months 5 days ago
- Infrastructure
The past year has proven to be transformative for financial technology. Global venture funding into the fintech sector has declined sharply from the industry’s heyday in 2020 and 2021, and experts say the market is in a new normal, with valuations correcting from unsustainable highs.
TIFIN Announces International Expansion Around Its Mission of Using AI for Wealth
- 4 months 6 days ago
- Infrastructure
TIFIN, a leading AI and innovation platform for wealth, makes its international debut with the launch of TIFIN India. The launch of TIFIN India represents an important milestone in TIFIN's vision to take its expertise in both direct-to-consumer (DTC) and business-to-business (B2B) AI for wealth applications to global markets.
PensionBee Announces US Launch
- 4 months 6 days ago
- Infrastructure
PensionBee Group plc (the ‘Company’), a leading online pension provider, today announces the launch of its business in the United States (‘US’), the world’s largest Defined Contribution pension market, representing approximately 80% of the global total and $22.5 trillion in assets. The Company’s wholly-owned US subsidiary, PensionBee Inc. (‘PensionBee’), is now registered with the US Securities and Exchange Commission as an investment adviser.
Kuady Expands into Bulgaria with New Office to Harness Fintech and IT Talent in the Region
- 4 months 6 days ago
- Infrastructure
Kuady, today announces the opening of a new office in Sofia, Bulgaria for 100+ employees. The new office marks a significant milestone in Kuady’s ambitious growth plans, having recently launched its digital wallet in Peru and Chile, with further expansion in Latin America, Europe and Africa planned.
BUX Holding Sells UK Subsidiary BUX Financial Services Limited to Parent Company of APM Capital
- 4 months 1 week ago
- Infrastructure
BUX Holding B.V. has sold its UK business BUX Financial Services Limited (BFS) to Asseta Holding, the parent company of APM Capital, a leading investment firm based in the UAE. BFS is a UK-based investment firm licensed by the Financial Conduct Authority (FCA) and renowned for offering CFDs and spread betting to both retail and professional clients.
Paycorp Expands Embedded Business Funding into UK
- 4 months 1 week ago
- Infrastructure
Paycorp, a global leader in payment solutions, today announces the expansion of its embedded, pre-approved business funding offering into the United Kingdom.
HPS Opens an Office in Australia and Signs Major SaaS Contract with One of the Largest Banks in the Region
- 4 months 1 week ago
- Infrastructure
HPS, one of the leading global providers of software and payment solutions, is pleased to announce the establishment of its new entity in Sydney, Australia. This expansion marks a significant milestone in its international growth and commitment to delivering cutting-edge solutions to its clients across the Asia Pacific region.
Broadridge Named a Luminary in Reconciliation Systems by Celent
- 4 months 1 week ago
- Infrastructure
Global Fintech leader Broadridge Financial Solutions, Inc., today announced it has been awarded the highest ranking of ‘Luminary’ for its BRx Match solution from Celent, a leading research and advisory firm, in its latest report on reconciliation systems.
Union Credit Predicts Three Trends in Embedded Finance for Member Growth
- 4 months 2 weeks ago
- Infrastructure
Union Credit, the only marketplace for credit unions to make firm pre-approved, one-click credit offers at the point of purchase, reveals three emerging trends as embedded finance continues to be a key strategy for credit unions’ member growth and long-term success.
One Third of Business Leaders Believe Digital Transformation Is Now ‘Continuous Reinvention’
- 4 months 2 weeks ago
- Infrastructure
While rapid advances in technology are continuing to drive business transformation agendas, less than a third (29%) of senior leaders consider their technology foundation readiness to be very high, according to a new survey from KPMG International.
Advapay Joins the NayaOne Tech Marketplace
- 4 months 2 weeks ago
- Infrastructure
Advapay has joined the NayaOne Tech Marketplace. It provides the comprehensive core banking system Macrobank and helps fintech companies to launch their businesses from scratch. With this collaboration, Advapay will contribute to NayaOne’s bank-fintech partnership mission, and support innovation.
