UOB and Doxa are collaborating to enable companies to move their procurement and trade financing processes online. They signed a Memorandum of Understanding (MOU) with their client Kimly Construction Private Limited (Kimly Construction), for the execution of the trio’s first green trade finance transaction together. This means that the procurement and trade financing processes for […]

Jack Henry & Associates, Inc.® announced that it has entered into a definitive agreement to acquire Payrailz, adding the company’s next-generation digital payment capabilities, including real-time person-to-person (P2P) payments, to Jack Henry’s payments ecosystem. Based in Glastonbury, Conn., Payrailz provides cloud-native, API-first, AI-enabled consumer and commercial digital payment solutions and experiences that enable money to […]

Open Payment Network (OPN) and North American Banking Company (NABC) announced the capability to deliver instant payments to and from any financial institution on The Clearing House’s Real Time Payment (TCH-RTP) network through NABC’s ExcheQ application. By leveraging OPN’s certified interoperability with TCH-RTP, NABC can offer customers more payment options along with the payment speed for which […]

The National Incubation Center (NIC) Pakistan’s first of its kind and largest Incubation center, is hosting yet another exciting FinTech Hackathon in collaboration with Allied Bank (ABL) , one of the largest banks in Pakistan. If you are a coder, UI/ UX Expert or a problem-solver with a passion for FinTech, here’s your chance to […]

Acuant, a GBG company and leading identity verification provider, announced an integration with ServiceNow Financial Services Operations, providing customers with seamless online identity verification, Know Your Customer (KYC), Know Your Business (KYB) and Anti-Money Laundering (AML) regulatory compliance in one solution. In the digital world, financial institutions must balance customer experience with compliance while also […]

EquiLend, the global financial technology, data and analytics company for the securities finance industry, announced that its Swaptimization platform will be going live this autumn for financial institutions in the European Union.   The EU launch of Swaptimization, which utilizes a proprietary matching algorithm to pair natural positions across market participants to facilitate bilateral security-based total […]

Universo, a leading Portuguese financial services brand, has selected Mambu, ​​the SaaS cloud banking platform, to bring more accessible and modern financial services to the market. Mambu’s composable approach enables Universo to innovate fast and deploy quickly, strengthening their position as a leader in financial services in Portugal. Universo is Sonae Group’s financial services business […]

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, announced that it has been selected by Kroo to provide access to all UK payment schemes as well as accounts for its operational funds. Kroo recently secured a full UK banking licence, and ClearBank will continue to support Kroo on its mission to […]

Mambu, a leading cloud banking platform, announced a global partnership with Visa in order to utilise Visa DPS – one of the largest processors of Visa debit transactions globally. The partnership will give Mambu customers a seamless connection to Visa DPS for end-to-end card issuing and processing. Both companies recognised the importance of interconnectivity to […]

Careem announces the acquisition of the assets of Denarii, a Dubai-based money transfer platform that integrates fintechs and financial institutions with remittance aggregators, banks, exchanges and wallets globally. Some key members of the Denarii team will also be joining Careem. Founded in 2019 by Jon Santillan and Walfrido Perez, Denarii’s proprietary money transfer technology uses […]