Tarabut Acquires UK Payments Platform Vyne Ahead of New MENA Regulatory Requirements

• 1 year 7 months ago
• Payments

Tarabut, the first and largest regulated open banking platform in the MENA region, today announced the acquisition of London-based Vyne, a real-time account-to-account (A2A) payments platform for online businesses.

Omnisient Secures $7.5 Million Investment from Arise

• 1 year 7 months ago
• Fundraising News

South African fintech start-up Omnisient has received   a $7.5 million investment from Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion. 

ACI Worldwide Collaborates With Red Hat to Deliver Enterprise Payments for the Cloud Era

• 1 year 7 months ago
• Payments

ACI Worldwide, an innovator in global payments technology, today announced a collaboration with Red Hat Inc., the world’s leading provider of open source solutions, to make ACI’s cloud-native Enterprise Payments Platform available on any cloud infrastructure. With this collaboration, ACI will help customers ease their migration to the cloud to better adapt to the rapidly evolving digital economy and power the next generation of payment services.

Broadridge Launches Tradeverse, Transforms the Way Global Financial Firms Manage Their Trading Data

• 1 year 7 months ago
• Trading Systems

The launch of Tradeverse, a new data platform by global Fintech leader Broadridge Financial Solutions Inc., will help trading firms eliminate data silos, unleash the potential of their data across the enterprise and better manage costs, reconciliation, and the data quality and lineage challenges of firms typical complex platform ecosystems.

Stephen Bell Becomes CEO & Executive Director of the UK Bank in an Internal Promotion

• 1 year 7 months ago
• People Moves

The Bank of London today announced that Anthony Watson CBE, its founder, is stepping down from his role as Chief Executive Officer (CEO). Watson will transition to a new role as Founder & Senior Adviser while continuing to serve as Non-Executive Director of The Bank of London Group – the firm’s holding company – and remains a shareholder. Stephen Bell, currently the Chief Risk and Compliance Officer (CRCO), has been promoted to CEO, subject...

Open Payment Technologies Ltd Expands in Latin America Offering Digital Wallet Services to Argentina

• 1 year 7 months ago
• E-Wallets

Open Payment Technologies Ltd, a payments service processor, has today announced the expansion of its digital wallet services, Kuady, into Argentina. It brings an advanced, user-friendly experience that ensures secure and efficient money management through an e-wallet app.

Data Reporting Pioneer Kani Payments and New UK Fintech Zero Team Up to Tackle Climate Change

• 1 year 7 months ago
• Infrastructure

Lloyds Bank Partners With Cleareye.ai to Provide Cutting-Edge Trade Finance Tech Solutions

• 1 year 7 months ago
• Trading Systems

In a UK first, Lloyds Bank has partnered with Cleareye.ai, a specialist artificial intelligence platform, using AI to streamline the processing and compliance checking of trade finance documentation to drive efficiencies for clients.

Ripe Announces Alan Thomas as New CEO

• 1 year 7 months ago
• People Moves

UK Digital MGA Ripe today confirmed that Alan Thomas, the former UK CEO at Simply Business, has joined the team to power their next phase of growth.

Zilch Surges to Profitability, Surpasses $130M in Revenue, and Welcomes Mark Wilson to the Board

• 1 year 7 months ago
• People Moves

Zilch, the world’s first ad-subsidised payments network (ASPN), today announced its first month of operating profit while surpassing a revenue run rate of more than $130m (£100m). The business has reached these milestones within just four years of launching its groundbreaking consumer payment platform. Zilch also announced the appointment to its Board of Mark Wilson, former CEO of Aviva and AIA and current member of BlackRock’s Board of...

Appital Expands European Equity Coverage

• 1 year 7 months ago
• Infrastructure

Appital, the peer-to-peer price discovery and liquidity sourcing technology for asset managers, today announced the addition of Virtu Financial’s POSIT MTF as an European execution venue, expanding Appital’s European equity coverage to more than 21,000 equities across 24 European countries.

GoCardless Closes Deal to Acquire Nuapay

• 1 year 7 months ago
• Payments

Bank payment company GoCardless has completed the acquisition of Sentenial Ltd, operating under the Nuapay brand, from EML Payments Limited (ASX: EML). The deal, which was announced in March, will significantly scale GoCardless’ indirect channel proposition and fast-track the rollout of new capabilities that will enable customers to send as well as collect money through GoCardless. 

Computop Appoints Kenneth M. Overgaard-Nielsen to the Management Board

• 1 year 7 months ago
• People Moves

Kenneth M. Overgaard-Nielsen joins the management team of the German payment service provider (PSP) Computop as Chief Operation Officer (COO). He joins Ralf Gladis, CEO and founder, Stephan Kück, CTO/ CSO, and Thomas Egglseder, CFO.

Validus Secures Up to US$50M Facility From HSBC to Strengthen Digital Lending for MSMEs in Indonesia

• 1 year 7 months ago
• Fundraising News

Validus, a leading digital SME lending platform headquartered in Singapore, today announced the establishment of a debt facility of up to US$50 million from HSBC under the ASEAN Growth Fund strategy and is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing their challenges in accessing financial resources. 

Hardbacon Financial Technologies Inc. Announces Closure

• 1 year 7 months ago
• Infrastructure

Hardbacon Financial Technologies Inc. (Hardbacon) has announced that all employees have been let go and operations are suspended. The company will declare bankruptcy soon, with possible asset sales to third parties. The app and website remain functional but may be discontinued if hosting payments are stopped.