Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance in Kenya
- 7 months 3 weeks ago
- Payments
Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service.
Ecommpay Launches Promotion for Free Merchant Processing
- 7 months 3 weeks ago
- Payments
Ecommpay is marking the launch of its new brand identity and website with a ground-breaking Merchant promotion. The first three retail merchants to onboard and start processing payments in 2025 will qualify for free processing for the duration of 2025*. Merchants should click here to enter the promotion.
Revolut Reaches 10 Million Customers in the UK
- 7 months 3 weeks ago
- Banking
Revolut, the global financial technology company has today announced it has reached ten million customers in the UK. Revolut’s largest market, and where the company was founded in 2015 has added nearly two million UK customers so far in 2024 and continues to grow. Revolut has over 45 million customers globally.
DSB Data Shows Industry Ready for UK UPI Reporting
- 7 months 3 weeks ago
- Derivatives and OTC Derivatives
The Derivatives Service Bureau (DSB), the global golden source of reference data for OTC derivatives, today released data indicating industry readiness for the start of UK UPI (Unique Product Identifier) reporting on 30 September 2024 under revised UK EMIR rules. The UPI is reported to trade repositories so regulators can monitor the build-up of systemic risk across the OTC derivatives market.
Gresham Technologies and Alveo to Rebrand as Gresham
- 7 months 3 weeks ago
- Cloud
Gresham Technologies, a global leader in innovative financial technology solutions, which recently completed a take-private and merger with Alveo, is pleased to announce its rebranding to "Gresham”. This change marks a significant milestone in the company’s evolution and highlights Gresham’s commitment to a future of innovation and customer success as it embarks on an exciting new chapter.
PensionBee Appoints Lisa Picardo as Chief Business Officer UK
- 7 months 3 weeks ago
- People Moves
PensionBee is pleased to announce the appointment of Lisa Picardo as Chief Business Officer UK. In the newly created role, Lisa will facilitate the ongoing execution of the company’s strategy and corporate development in the United Kingdom. Lisa is a member of the Department for Work and Pensions’ Small Pots Delivery Group and represents PensionBee at the Association of British Insurers. Lisa will continue to report to Romi Savova, PensionBee...
UAE Leads the AI Revolution as Global Markets Struggle to Keep Up in the Talent Race to Meet Surging Demand
- 7 months 4 weeks ago
- Artificial Intelligence
The global surge in Artificial Intelligence (AI) investments propelled by the increased demand in rising digital industries, from digital health and future finance to cybersecurity and public services, has ignited a race among businesses to secure specialized talents, sustain the relentless pace of their tech innovations, and their position among the early adopters of AI.
dLocal Partners with MoneyGram to Expand Leading International Payment Services
- 7 months 4 weeks ago
- Payments
dLocal, the leading cross-border payment platform specializing in emerging markets, today announced a strategic partnership with MoneyGram
NeoXam to Acquire EZOPS
- 7 months 4 weeks ago
- M&A Deals
NeoXam, a global leader in Data Management, Performance, Reporting, Portfolio Management, and Investment Accounting Software, announces the signing of an agreement to pursue the acquisition of
Yonder Secures £23.4M in Funding to Accelerate Growth
- 7 months 4 weeks ago
- Fundraising News
Yonder, the UK-based rewards credit card company, has successfully raised £23.4 million in its latest funding round to fuel its team growth, enhance rewards, and fast-track international expansion. The funding comes from new and existing investors, including Jigsaw VC, RTP Global, LocalGlobe, Northzone, and Seedcamp.
Bank of England Holds Interest Rates
- 7 months 4 weeks ago
- Banking
The Bank of England is expected to maintain current interest rates on Thursday as it waits for clearer indications that inflation risks are under control. Instead, attention will shift to decisions regarding bond sales, which may influence Finance Minister Rachel Reeves’ upcoming first budget. While British inflation remained stable in August, it accelerated in the crucial services sector, leading analysts to anticipate a slower decline in...
NAB Extends its Partnership with AWS
- 7 months 4 weeks ago
- Banking, Cloud
NAB has extended its long-term agreement with Amazon Web Services (AWS) as part of its multi-cloud strategy that continues to bolster the bank’s technology capability to improve customer experiences. The agreement will see NAB continue to accelerate the migration of key critical workloads to AWS cloud infrastructure and further develop its Generative AI (GenAI) capabilities – including automated code development and training.
Orb Secures $25M Series B
- 7 months 4 weeks ago
- Fundraising News
Orb is thrilled to announce the successful closing of its $25 million Series B funding round, bringing the total amount raised to $44 million. This round was led by Mayfield Fund, with participation from existing investors Menlo Ventures, Greylock, basecase, South Park Commons, Scribble Ventures, and new investor Uncorrelated Ventures. “The software industry is on the precipice of an evolution in pricing as AI and machine learning reshapes how...
Money20/20 USA Agenda Dives Deeper Into The Integration of AI and Finance
- 7 months 4 weeks ago
- Artificial Intelligence, Payments, Banking, FinTech StartUps, IT Innovations
Money20/20, the world's leading fintech show and the pl
The NAGA Group Reveals First-ever Trading App Integrated into Telegram messenger
- 7 months 4 weeks ago
- Trading Systems
The NAGA Group AG, provider of the all-in-one financial SuperApp NAGA, is launching the first-ever fully integrated trading app within the Telegram ecosystem, in a bold move that could redefine how retail investors engage with the financial markets. In doing so, NAGA will gain immediate access to Telegram’s 950 million user base, positioning it to capitalize on a vast and untapped audience. A move that establishes NAGA as a first mover in a new...
