Thunes and Commercial Bank Kyrgyzstan | MBANK Forge Strategic Alliance to Transform Cross-Border Payments in the Silk-Road Region
- 2 years 1 month ago
- Payments
Thunes, the Smart Superhighway for money movement around the world, is proud to welcome OJCS “Commercial Bank Kyrgyzstan” | MBANK as a Member of the Thunes Direct Global Network. This collaboration allows MBANK to connect businesses and individuals in Kyrgyzstan directly to over 7 billion mobile wallets and bank accounts around the world, to make payments in real-time in over 130 countries and 80 currencies in a faster, more convenient, and...
Nasdaq Announces New Leadership and Structure for Financial Crime Management Technology
- 2 years 1 month ago
- People Moves
Nasdaq, today announced a new leadership structure including leadership appointment for its Financial Crime Management Technology business, designed to support the business’ strong momentum and continuing its growth trajectory. Effective today, Brendan Brothers, EVP, Head of Financial Crime Management Technology, and Verafin Co-Founder will step back from his current executive responsibilities and will transition into a senior strategic...
iDenfy Partners with Bitlocus to Secure Crypto Exchange Platform with Biometric ID Verification
- 2 years 1 month ago
- Digital Identity
iDenfy, a Lithuania-based RegTech startup specializing in ID verification and fraud prevention solutions, announced a new partnership with Bitlocus, a regulated cryptocurrency exchange platform known for its comprehensive crypto-to-fiat and fiat-to-crypto solutions. iDenfy’s full-stack Know Your Customer (KYC) solution will aim to increase conversions and help Bitlocus maintain a simple and compliant verification flow.
LTP Selects Avelacom for Low Latency Network to Enhance Cross-Venue Crypto Trading
- 2 years 1 month ago
- Cryptocurrencies
Avelacom, the low-latency network solutions provider for global financial markets, has been selected by LTP, the leading prime broker for digital assets in Asia Pacific, to provide low-latency network services. This collaboration will benefit LTP’s clients –– hedge funds, quantitative funds like HFT companies, FoFs, and family offices –– by improving trading speeds and reliability across crypto markets.
GTreasury Advances FinTech Offerings with CashAnalytics Acquisition
- 2 years 1 month ago
- Cash management
GTreasury, the pioneer and global leader in Digital Treasury Solutions for the Office of the CFO, today announced the acquisition of CashAnalytics, the world’s leading cash forecasting and AR/AP analytics solution. More than 1,000 business entities across 40+ countries trust CashAnalytics to analyze and optimize over $100 billion in cash flow every day.
Judo Bank Upgrades Its Lending Business Banking Platform with Thought Machine Technology
- 2 years 1 month ago
- Banking
Thought Machine, the cloud-native banking technology company, today announces that its client Judo Bank, Australia's first purpose-built challenger bank for small and medium businesses (SME), has successfully migrated its lending business to Vault Core, Thought Machine’s cloud-native core banking platform, and is operating live.
Quilter Announces Acquisition of NuWealth to Enhance Digital Capabilities
- 2 years 1 month ago
- Infrastructure
Quilter, the FTSE-250 wealth manager, is pleased to announce that it has agreed to acquire NuWealth, a fintech business. This supports Quilter’s objective to enhance digital capabilities to better support customers and advisers.
The Bank of London Raises GBP 42 Million in Over-Subscribed Funding Round
- 2 years 1 month ago
- Fundraising News
The Bank of London, the UK’s newest clearing bank and one of only six established in the last 250 years, is pleased to announce that it raised £42 million during August in an over-subscribed funding round led by Mangrove Capital Partners. This announcement comes shortly after the appointment of Stephen Bell as Chief Executive Officer, and the increased funding will position the bank for its next phase of growth in its core UK market.
Consumer A2A Payments - 186 Billion Transactions Globally by 2029, Reports Juniper Research
- 2 years 1 month ago
- Payments
A new study from Juniper Research, the foremost experts in fintech & payment markets, has found that the volume of global transactions via A2A (Account-to-Account) payments will rise from 60 billion in 2024 to 186 billion by 2029; an increase of 209%.
Experian and Oakbrook Partner to Give Consumers More Competitive Loans
- 2 years 1 month ago
- Lending
Experian has today announced that Oakbrook, a non-bank provider of consumer lending solutions, will now be using Experian Boost data in its decisioning process for personal loan applications. This partnership will increase access to credit for customers who traditionally may not have been eligible - driving financial inclusion and offering more competitive loan options.
FinMont Announces Partnership with Leading Cross-Border Payments Specialist, Inpay
- 2 years 1 month ago
- Payments
Global payment orchestration platform FinMont has announced a new partnership with Danish Payments Service Provider Inpay. The new alliance will allow FinMont to incorporate Inpay’s global banking network into its own payments ecosystem, expanding Finmont’s global reach and speeding up cross-border disbursement times for the benefit of its international travel merchants.
Fintech Charity Pennies’ Micro-Donation Day Raises £30,000 for Life-Changing Causes - in Just One Day
- 2 years 1 month ago
- Infrastructure
Pennies, the award-winning fintech charity which enables micro-donations to charity, successfully held its first ever Micro-Donation Day on Monday, 26 August 2024 which, in addition to boosting awareness of the micro-donation movement, raised £30,000 for charities including Cancer Research UK, MND Association and Great Ormond Street Hospital Charity - thanks to more than 130,000 individual donations.
iDenfy Partners with Confindo to Enhance Security and Prevent Loan Fraud
- 2 years 1 month ago
- Digital Identity
iDenfy, an AI-powered identity verification, compliance, and fraud prevention solutions provider, partnered with Confindo, a leading provider of IT solutions specializing in customer relationship management (CRM) tools for group companies and external partners. This collaboration will help Confindo manage third-party risks and ensure proper fraud and breach prevention while building a seamless and secure verification experience.
Barq Signs Agreement with Mastercard to Empower Businesses with Advanced Payment Acceptance Technology
- 2 years 1 month ago
- Payments
barq, an innovative Saudi financial services startup, has partnered with Mastercard to empower its customers with a range of industry leading payment acceptance solutions through Mastercard Gateway. The strategic agreement will see barq leverage Mastercard Gateway technology to further equip its merchants and consumers around the Kingdom with greater access to a wide range of value-added services — responsive, personalised solutions that cater...
Nuvei Publishes Its ESG Report
- 2 years 1 month ago
- Infrastructure
Nuvei Corporation, the Canadian fintech company, announces today that it has published its third annual ESG Report for 2023. The report details Nuvei's ongoing achievements across the key pillars of its ESG strategy and highlights the various ways Nuvei continues to deliver on its vision of being a people-first, technology-led global payments platform.
