Yazara Integrates with Global Payments Inc. to Enhance Global Reach and SoftPOS Technology
- 3 months 3 weeks ago
- Payments
Yazara has officially become a part of Global Payments Inc., ushering in a new era of growth and diversification for both companies. This strategic merger positions Yazara and Global Payments to capture a larger share of the expanding SoftPOS and acquiring market across the globe.
Consumer Giant LG Offers Direct Sales with Payfast by Network
- 3 months 3 weeks ago
- Payments
Consumer product giant LG has opened its first-ever direct-to-consumer ecommerce store in South Africa, with online payment solution leader Payfast by Network supporting seamless transactions. This is the first time that LG products will be available for purchase directly to consumers rather than through a third-party retailer.
Krom Bank Leverages AWS Cloud to Accelerate Digital Banking Innovation in Indonesia
- 3 months 3 weeks ago
- Digital banking
Amazon Web Services (AWS), an Amazon.com, Inc. company, announced that PT Krom Bank Indonesia Tbk, a member of Kredivo Group, built on AWS services since it launched the Krom digital banking service.
Anthony Miller Appointed Chief Executive Officer of Westpac
- 3 months 3 weeks ago
- People Moves
The Westpac Board of Directors has announced the appointment of Anthony Miller as Group CEO and Managing Director, commencing 16 December 2024. Mr Miller, currently Chief Executive of Westpac’s Business & Wealth division, will succeed Peter King, who will retire after a 30-year career at Westpac including five years as CEO. Westpac Chair Steven Gregg said Mr Miller is the right person to take the company into a new era.
Thunes and Commercial Bank Kyrgyzstan | MBANK Forge Strategic Alliance to Transform Cross-Border Payments in the Silk-Road Region
- 3 months 3 weeks 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
- 3 months 3 weeks 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
- 3 months 3 weeks 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
- 3 months 3 weeks 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
- 3 months 3 weeks 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
- 3 months 3 weeks 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
- 3 months 3 weeks 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
- 3 months 3 weeks 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
- 3 months 3 weeks 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
- 3 months 3 weeks 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
- 3 months 3 weeks 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.
