Bybit Launches Shariah-Compliant Islamic Account for Muslim Crypto Traders
- 10 months 1 week ago
- Cryptocurrencies, Islamic Finance
Bybit has launched an Islamic Account designed for Shariah-compliant crypto trading, responding to the rising demand for Islamic finance solutions in the cryptocurrency market. The account, which was introduced on September 24, 2024, allows Muslim traders to engage in spot trading for 75 cryptocurrencies and utilize trading bots like DCA and Spot Grid Bot. Certified by ZICO Shariah and CryptoHalal, the account ensures compliance with Islamic...
Banks Believe They’re Eight Months Behind Criminals but Are Confident They Can Catch Up. Really?
- 10 months 1 week ago
- Banking
New research from RedCompass Labs, a world leader in payments modernization and financial crime red flags, reveals that US banks believe they are eight months behind criminals, with the largest institutions believing the gap is as wide as 23 months.
Ataccama Launches New Solution Partner Program to Accelerate Data Management Initiatives for Finance, Insurance
- 10 months 1 week ago
- Data Management
Ataccama, an AI-powered data management company, has launched a new partner program for solution partners to enable them to provide customers with bespoke Ataccama-accredited services. The new initiative is a key investment in partners, enabling them to scale their data management practices and grow with Ataccama.
Priority Announces Innovations to Its Passport Product
- 10 months 1 week ago
- Payments
Priority, the payments, and banking fintech that streamlines collecting, storing, lending, and sending money to unlock revenue opportunities, has announced significant enhancements to its Passport product within its banking and treasury solutions platform.
Sainsbury's Sells ATM Business to NoteMachine, a Brink’s Company, and Enters into Partnership for Ongoing Provision of ATM Services
- 10 months 1 week ago
- ATMs
Today, Sainsbury’s has announced the sale of its ATM business to NoteMachine, a Brink’s Company and one of the UK’s leading ATM operators.
Rapid Finance and Gestalt Tech Announce Strategic Integration to Enhance SMB Lending Capabilities
- 10 months 1 week ago
- Lending
Rapid Finance, a leading small business financing platform specializing in providing customized financing solutions, announced its new partnership with Texas-based Gestalt Tech, a provider of a cutting-edge data warehouse solution designed for financial institutions. Through this partnership, lenders using Gestalt can seamlessly integrate with Rapid’s small business lending automation solution, Decisioneer.
Sucden Financial Appoints Head of Exchange-Traded Derivatives
- 10 months 1 week ago
- People Moves
Sucden Financial, the multi-asset execution, clearing and liquidity provider, has appointed Rob Noyce as Head of Exchange-Traded Derivatives.
Proposed New Rules to Better Protect Customers of Payments Firms
- 10 months 1 week ago
- Payments
Use of payments firms has grown in recent years, but the FCA says it continues to see poor safeguarding practices from firms. Funds held by payments and e-money firms are not directly protected by the Financial Services Compensation Scheme (FSCS). Instead, firms must safeguard funds which can mean customers lose money or experience delays to funds being returned if the firm fails.
Neeraj Kumar Joins Pismo to Lead Enterprise Architecture
- 10 months 1 week ago
- People Moves
Pismo, the global cloud-native core banking and cards platform, announced that Neeraj Kumar, based in the UK, will lead the enterprise architecture structure. Kumar, who has more than 25 years of experience in IT strategy, architecture, and infrastructure, will help define Pismo's platform architecture roadmap to increase even more resilience, security, scalability, and performance.
Fibabanka Launches Türkiye’s First BaaS Platform in Partnership with GetirFinans
- 10 months 1 week ago
- Banking, Cloud
Fibabanka, a leading player in Türkiye’s banking sector, has launched the country’s first Banking as a Service (BaaS) model through an innovative collaboration with GetirFinans, which received a total of $70 million in investment last year at a valuation of $250 million. This partnership, a significant step in Fibabanka’s broader strategy to expand its BaaS platform, provides non-banking businesses with the infrastructure to offer tailored...
BofA to Open More Than 165 Financial Centers by End of 2026
- 10 months 1 week ago
- Banking
Over the last 10 years, Bank of America has been expanding its financial center network, opening locations nationwide in new and existing markets. The bank is on track to open more than 165 new centers across 63 markets by the end of 2026, including nearly 40 this year. This is in addition to the more than 100 centers the company opened over the last two years.
Leading Fintech African M-KOPA Reaches 5 Million Customers, Unlocking $1.5bn in Credit Across 5 Markets
- 10 months 1 week ago
- Infrastructure
M-KOPA, a leading emerging market fintech, announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa. Two million of these customers have come onboard in the past 15 months.
Crystal Boyer Promoted to Chief Customer Officer at Plinqit
- 10 months 1 week ago
- People Moves
Plinqit, an award-winning provider of high-yield and automated savings software solutions that enable financial institutions to grow deposits, attract new customers and expand their retail footprint, is proud to announce the promotion of Crystal Boyer to Chief Customer Officer (CCO). In her new role, Boyer will lead Plinqit’s efforts to enhance customer success, drive satisfaction, and ensure alignment across all customer-facing teams.
Backbase Unveils Intelligence Fabric to Unlock AI-Productivity Gains for Banks
- 10 months 1 week ago
- Banking
Backbase is excited to announce a major expansion of the Engagement Banking Platform with the introduction of the Intelligence Fabric layer, a powerful set of data and AI infrastructure and development capabilities that are now natively embedded in the platform.
APRON Raises $30 Million Series B to Help More Small Business Owners Take the Pain Out of Payments
- 10 months 1 week ago
- Fundraising News
APRON, the business payments powerhouse, has raised a $30 million Series B funding round to help more small business owners make it by digitising and simplifying the payments process, and bring greater security to these companies’ cash flow.
