Shiji and FreedomPay Announce Partnership to Transform Mexican Hospitality Payment Solutions

• 4 months 3 weeks ago
• Payments

Shiji, the global hospitality technology innovator, and FreedomPay, a leading provider of secure commerce technology, have announced a partnership that marks a significant expansion into the Mexican market. This partnership underscores Shiji and FreedomPay's commitment to improving staff and guest experiences in the hospitality businesses across Latin America, aligning with the industry's shift towards smoother payments and payment management.  

German Commerzbank AG to Open Baltic Representative Office in Lithuania

• 4 months 3 weeks ago
• Banking

Commerzbank AG, one of Germany’s oldest financial institutions, has announced plans to open a Representative Office in Vilnius. The new Representative will serve as the hub for the three Baltic States Estonia, Latvia, and Lithuania. Specifically, Commerzbank will focus on trade and project finance in the region. Additionally, the deepening of the cooperation with the public sector and local financial services industry is a key priority.

Stan Chooses Stripe to Improve Business Agility with Payments and Billing

• 4 months 3 weeks ago
• Payments

Mitek Named Best for Transaction Fraud Monitoring and Decisioning Innovation

• 4 months 3 weeks ago
• Security

Mitek Systems Inc. (NASDAQ: MITK) has been named the winner of the prestigious Best Transaction Fraud Monitoring and Decisioning Innovation category in the 2024 Datos Insights’ Fraud & AML Impact Awards. This recognition solidifies Mitek’s position as an industry leader in fraud detection in financial services, particularly for its groundbreaking product, Check Fraud DefenderTM (CFD).

Baton Systems Transforms Bank Treasury with Real-Time Liquidity Management

• 4 months 3 weeks ago
• Banking

Baton Systems, a global capital markets tech provider orchestrating the optimised settlement of $20-30 billion (USD) in asset value daily, has introduced new treasury management tools designed to optimise intraday liquidity, reduce costly buffers, and mitigate risk in real-time. The new liquidity management capabilities offer firms a means to dramatically reduce their financing costs which have been elevated by interest rate normalisation.

Fintilect's Launch Brings AI-powered Digital Banking to the UK

• 4 months 3 weeks ago
• Digital banking, Digital Identity

Fintilect, the new identity for three market-leading financial technology companies spanning both sides of the Atlantic, has been officially launched today, enabling regional and global financial services institutions to deliver one of the most advanced hyper-personalized, AI-driven digital banking experiences available in the market today.  

Mastercard Appoints Winnie Wong as Country Manager for Thailand and Myanmar

• 4 months 3 weeks ago
• People Moves

Mastercard today announced the appointment of Winnie Wong as country manager, Thailand and Myanmar. Based in Bangkok, Winnie will oversee all Mastercard activities in the two markets, including business development, implementation of innovative, safe, and smart payments solutions for businesses and consumers, as well as the growth and delivery of commercial solutions to corporations and SMEs.

Resal Raises a $9M Funding Round

• 4 months 3 weeks ago
• Fundraising News

Resal, the leading Saudi company in digital cards, rewards solutions, and loyalty programs, announced the successful closure of a $9 million investment round with participation from Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan Investment Group, and several family offices and angels investors.

Zumo Joins the Abu Dhabi Sustainable Finance Declaration

• 4 months 3 weeks ago
• Infrastructure

Zumo, the B2B digital assets infrastructure, has signed the Abu Dhabi Sustainable Finance Declaration, reinforcing its commitment to a greener financial services industry as it extends its reach further into the region.

Houlihan Lokey Expands Global Technology Group with Senior Software Hire

• 4 months 3 weeks ago
• People Moves

Houlihan Lokey, Inc., the global investment bank, announced today that Geoff Rhizor has joined as a Managing Director. Based in San Francisco, Mr. Rhizor will join the Technology Group where he will focus on the social impact/nonprofit and office of the CFO software sectors and will collaborate with members of the FinTech Group in the latter.

Treasury Prime Partners with Kobalt Labs to Bring AI-Powered Compliance to Its Bank Network

• 4 months 3 weeks ago
• Artificial Intelligence, Compliance

Treasury Prime, a leading embedded banking software company, announced today the addition of Kobalt Labs, an AI-powered copilot for risk and compliance teams, to the Treasury Prime Partner Marketplace.

Humans.ai Acquires TensorChain Inventors, Starfish Technologies, to Drive Blockchain Innovation

• 4 months 3 weeks ago
• Blockchain

Leading European artificial intelligence and blockchain technology provider Humans.ai announces the strategic acquisition of Starfish Technologies, inventor of TensorChain and part of Home of Prodigy, in a cash and shares deal. This acquisition marks a significant step forward in the development of TensorChain, a groundbreaking innovation designed to revolutionize the way blockchain handles artificial intelligence deployment through the power of...

Klarna Acquires Laybuy in New Zealand

• 4 months 3 weeks ago
• Payments

Klarna, the AI-powered global payments network and shopping assistant, has acquired Laybuy’s assets in New Zealand, the birthplace of the payments provider, and plans to relaunch the service in the coming weeks.

Datos Names ACI Worldwide Best in Class in Payments Orchestration

• 4 months 3 weeks ago
• Payments

ACI Worldwide, an original innovator in global payments technology, was ranked “Best in Class” for Merchant Payments Orchestration in a new 

State Street Announces Agreement with Taurus to Deliver Full-Service Digital Platform for Institutional Investors

• 4 months 3 weeks ago
• Infrastructure

State Street Corporation and Taurus SA, a global leader in digital asset infrastructure, today announced a strategic agreement that will deliver trusted and reliable digital assets capabilities for State Street Bank and Trust Company clients. The agreement will further enhance State Street Digital Asset Solutions, which seeks to provide an integrated business and operating model that supports the digital investment lifecycle.