Northern Trust Mutual Fund Servicing Relationship with Morningstar Investment Management Extended
- 1 year 1 month ago
- Asset Management
Northern Trust today announced the continuation of its comprehensive asset servicing relationship with Morningstar Investment Management, supporting nine multi-managed registered mutual funds with approximately $5 billion in assets under management.
Cognizant and Temenos Expand Partnership to Power Core Banking Transformation in Australia
- 1 year 1 month ago
- Core Banking
Cognizant today announced a five-year strategic engagement with Temenos, a global banking technology leader, to develop and market Temenos Country Model Bank in Australia. Temenos Country Model Bank is an extension of its core banking platform designed to accelerate go-live for financial institutions by providing pre-configured, regionalized banking functionality that reduces cost and risk.
Algbra Labs and Moka United, the Fintech Subsidiary of İşbank, Announce Strategic Partnership to Launch RUUT in the UK
- 1 year 1 month ago
- Infrastructure
Algbra Labs, a leading UK-based Fintech-as-a-Service (FaaS) provider, has announced a strategic partnership with Moka United, the fintech subsidiary of İşbank - Türkiye’s largest private bank. The collaboration supports the UK launch of RUUT, a next-generation digital banking brand developed by Moka United as part of İşbank’s global fintech strategy.
Klarna Secures EUR 1.4bn Structured Financing Facility with Santander
- 1 year 1 month ago
- Fundraising News
Klarna, the global digital bank and flexible payments provider, today announced the execution of its inaugural warehouse financing facility with Santander as the sole lender. The facility provides a total funding capacity of up to EUR 1.4 billion and is backed by German receivables. It forms part of Klarna’s broader strategy to diversify funding sources and support continued growth.
PayCaptain Confirms B Corp Recertification, Also Increasing Its B Impact Assessment Score
- 1 year 1 month ago
- Infrastructure
B-Corporation status certifies a company's commitment to its social and environmental impact, not just profit-making. B Corp certification is a rigorous process, verified by B Lab, to ensure that a company meets high social and environmental performance standards, demonstrating a commitment to positive impact across various stakeholders.
Lendflow Launches New AI Automation Suite for Embedded Lending
- 1 year 1 month ago
- Lending
Lendflow, a leader in embedded lending infrastructure, announced the official launch of Lendflow Automate, a suite of AI-powered agents designed to optimize workforce efficiency and transform how lending operations are executed. The announcement was made at Ai4, America’s largest AI event. Lendflow founder and CEO, Jon Fry, will join leaders from Chime, Mastercard, and Deloitte for a live panel, “Leveraging AI to Drive Value,” on August 12 at...
inDrive.Money Arrives in Brazil with Digital Loans for Drivers
- 1 year 1 month ago
- Lending
inDrive, a global mobility and urban services platform operating across 48 countries, has announced the launch of inDrive.Money in Brazil. The offering aims to support financial inclusion for drivers by offering quick and convenient access to cash loans within the inDrive app, the world’s second-most downloaded ride-hailing app.
Priority Secures $50 Million Financing Facility
- 1 year 1 month ago
- Fundraising News
Priority Technology Holdings, Inc., the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful closing of the acquisition of certain assets of Boom Commerce (“Boom”) and the closing of a new $50 million residual financing credit facility.
MoneyMe Selects SEON to Strengthen Fraud Prevention and Credit Decisioning
- 1 year 1 month ago
- Fraud Detection
SEON, the command center for fraud prevention and AML compliance, today announced that MoneyMe, one of Australia's leading digital lenders, has selected SEON’s unified platform to bolster fraud detection as it
CredAbility Launches First-of-Its-Kind Credit Score Builder to Help Millions Boost Their Scores with Personalised Data-Driven Insights
- 1 year 1 month ago
- Lending
CredAbility, one of the UK’s fastest-growing financial wellbeing platforms, has launched a first-of-its-kind credit score builder that gives people complete visibility over h
Nu Appoints Armando Herrera as the New CEO of Its Mexican Operation
- 1 year 1 month ago
- People Moves
Nubank, one of the largest digital financial services platforms in the world, announced that as of September 2, Armando Herrera will serve as the new CEO of Nu Mexico. Ivan Canales, who has led the operations for the past three years, is on parental leave and will remain contributing to Nu. The transition is progressing seamlessly, under the leadership of Guilherme Lago, chairman of the Board of Nu Mexico.
Zum Rails Launches Suite of Mastercard Powered Card Programs in Canada to Streamline Business Payments Across Industries
- 1 year 1 month ago
- Payments
Zum Rails - an all-in-one instant payments ecosystem and embedded finance provider - is transforming how businesses move money and pay with the launch of its new suite of Mastercard powered prepaid card programs in Canada*. These reloadable cards will enable businesses to offer seamless expense management, faster wage access, consumer rewards, and real-time disbursements and spending flexibility, empowering the business and their customers to...
SDK.finance Achieves ISO 27001:2022 Certification, Reinforcing Leadership in Information Security for FinTech
- 1 year 1 month ago
- Security
SDK.finance, the leading white-label FinTech platform, proudly announces its successful attainment of the ISO 27001:2022 certification awarded by DNV Business Assurance. This prestigious international certification affirms SDK.finance’s unwavering dedication to the highest standards of information security management and its steadfast commitment to protecting sensitive financial data in an increasingly complex cyber threat landscape.
VAST Data Introduces SyncEngine to Turn Disconnected Enterprise Data into Actionable Intelligence
- 1 year 1 month ago
- Data
VAST Data, the AI Operating System company, today announced VAST SyncEngine, a powerful new capability of the VAST AI OS that acts as a universal data router, unifying a high-performance onboarding solution with a global catalog to accelerate the flow of data into AI pip
Artea Bank Migrates to BPC’s Cloud-Native SmartVista Platform to Power Mastercard Issuing
- 1 year 1 month ago
- Banking
Artea Bank, a major Lithuanian commercial bank dedicated to improving the financial well-being of Lithuania’s residents and businesses, has selected BPC SmartVista, a cloud-native, microservices-based platform, to modernize its card-issuing infrastructure.
