Ecommpay Streamlines Payouts Where Beneficiary Details Are Unknown with New Payouts via Hosted Payment Page

• 1 year 4 months ago
• Payments

Streamlining the payout experience for merchants and other businesses, Ecommpay, the inclusive global payments platform, has launched a new Payouts via Hosted Payment Page facility.

Fonepay Introduces Nepal’s First Virtual Credit Card with Support of Compass Plus Technologies

• 1 year 4 months ago
• Payments

Fonepay, Nepal’s largest interoperable payment network, has unveiled its first virtual credit card, marking a significant milestone in its mission to establish itself as a fully-fledged locally operated payment network in the country.

Plumery Launches UI/UX Factory – Foundation for Rapid Development of Mobile and Web Banking Applications

• 1 year 4 months ago
• Banking

Plumery, a digital banking experience platform for true customer-centric banking, today announced it has expanded its capabilities to encompass a new mobile and web banking apps development foundation. Pre-integrated into Plumery’s existing digital banking services, UI/UX Factory is designed to accelerate app development for banks, reducing time-to-market while maintaining control over design and functionality.

Saudi Exchange Market Data Now Available via QuantHouse

• 1 year 4 months ago
• Data

Iress today announced that its QuantHouse division can now deliver real-time market data from the Saudi Exchange.

EPAM Completes Strategic Acquisition of First Derivative, Enhancing AI and Data-Driven Solutions for Financial Services

• 1 year 4 months ago
• Artificial Intelligence, Data

Avaloq and Quadient Partner to Elevate Client Communications for Financial Services

• 1 year 4 months ago
• Infrastructure

Avaloq, a leading provider of software and services for banks and wealth managers, integrates Quadient Inspire as the standard CCM solution for the Avaloq platform

Corpay Completes Cross-Border Payments Acquisition

• 1 year 4 months ago
• Payments

Corpay, Inc., a global S&P 500 corporate payments company, completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border solutions provider to upper middle market companies, primarily in the U.S.

Wefox Agrees to Sell Insurance Carrier

• 1 year 4 months ago
• Insurtech

As announced in June 2024, the Liechtenstein-domiciled insurance carrier wefox Insurance AG is no longer part of wefox's core business. wefox has now agreed to sell the insurance company to a group of Swiss companies led by BERAG.

MontyPay Takes Home the "Payment Innovation of the Year" Award for Revolutionizing Global Commerce

• 1 year 4 months ago
• Payments

MontyPay has been awarded the "Payment Innovation of the Year" accolade at the 

Model Risk Management, Canada

• 1 year 4 months ago
• FinTech StartUps

There is a critical need for financial institutions to enhance model risk management amidst evolving regulatory pressures, particularly with OSFI E-23. Delegates from banks, insurance companies, and investment firms are facing significant challenges, including adapting to new regulations, effectively quantifying and managing climate risks, and integrating AI and machine learning into their risk frameworks.

CFIT Leads the Charge Against Economic Crime with Digital ID Innovation

• 1 year 4 months ago
• Security

The Centre for Finance, Innovation, and Technology (CFIT) today reveals details of progress by its industry-wide coalition towards creating a digital company ID that will counter-economic crime and, according to the  Government, contribute to the £600M annual addition to the UK economy, from the widespread use of secure digital identities.1  

Lumin Digital Secures $160 Million in Growth Funding

• 1 year 4 months ago
• Fundraising News

Lumin Digital, a leading cloud-native digital banking provider, today announced it has raised over $160M in growth equity financing, led by Light Street Capital, NewView Capital, and Partners Group, acting on behalf of its clients.

Tenity Advances Decentralized Finance (DeFi) Innovation with Broader Investment in the XRP Ledger (XRPL)

• 1 year 4 months ago
• Blockchain

Tenity, the global innovation ecosystem and early-stage investor creating the future of finance, is deepening its focus on decentralized finance (DeFi) through its Incubation Fund II, supporting new innovative projects building blockchain-based solutions on the XRP Ledger (XRPL) welcoming Ripple as its new global strategic partner and Limited Partner in the Tenity Inc. Fund II.

Finfare Inc. Celebrates 3-Year Anniversary with Brand Refresh

• 1 year 4 months ago
• Infrastructure

Finfare Inc., the hyper-growth fintech company is celebrating its three-year anniversary with an exciting brand refresh and several industry honors. The brand revamp reflects the company’s evolution and its ongoing commitment to its mission to transform financial experiences, clearing the way for people and businesses to save money, grow, and thrive. Finfare was founded on December 6, 2021 by Wayne Lin, the company’s CEO — and was recently...

British Business Bank Increases Commitment to Simply Asset Finance to Unlock Over £175M for Smaller UK Businesses

• 1 year 4 months ago
• Asset Management

The British Business Bank has announced an increase to its ENABLE Funding commitment to Simply Asset Finance (“Simply”), one of the UK’s largest and fastest growing independent asset finance providers. This increased facility will allow Simply to provide more than £175m of finance to smaller businesses across the UK.