Jumio has acquired the AML platform from Beam Solutions. Jumio will integrate Beam’s suite of AML solutions into its current KYX Platform to further strengthen the company’s position in the anti-financial crime marketplace. Financial terms of the agreement were not disclosed. Jumio customers can use the Beam integration to detect suspicious activity, and gain a more holistic […]

PayMongo has recently secured $12 million in a Series A financing round led by Stripe with participation from the company’s other existing investors — Y Combinator, Global Founders Capital and a new investor, Bedrock Capital. The fresh investment brings PayMongo’s total funding to almost $15 million, just a little over a year since the company launched […]

New Zealand-based digital payment platform Centrapay has signed an agreement with epay New Zealand to deal with gift cards issues such as lost, left at home, expiring, or unknown balance. The company has signed a three-year deal with epay New Zealand to give consumers the ability to store digital versions of epay Gift Station gift cards in their Sylo […]

Salesforce has launched Digital 360, a new platform bringing together key components and new innovations in the Salesforce Customer 360. Digital 360 delivers new technology, services and learning that help digital leaders create connected, personalized experiences across marketing, commerce and more. The solution helps digital leaders transform their customer engagement and accelerate growth in the all-digital, […]

Vaulsys and RapidCompute signed an MoU to offer cloud-based security solutions to enhance the level of security, surveillance, and freedom to banks, FIs, and EMIs in Pakistan. The partnership supports the State Bank’s vision to further digitize the banking and payment industry and mandate organizations to implement a comprehensive AML and fraud management system. The […]

Virtuzone has announced partnership with tech start up, Zbooni to provide SMEs with transaction solutions powered by WhatsApp. Through this collabortation clients will enjoy having pre-authorised transaction accounts, ability to accept payments via major card networks such as VISA and MasterCard, as well as special processing rates. All in one marketplace app allows ease in accepting […]

National Bank of Bahrain has announced the activation of ‘Tap & Go’ contactless payment service across its point of sale (POS) terminals and cards. The launch comes as part of a collaboration by the bank with the Central Bank of Bahrain and Benefit, allowing NBB customers to make contactless payments at outlets across Bahrain using their […]

Sunline and Huawei has collaborated to launch the Digital Loan One Box Solution, a global contactless solution for financial services. The Digital Loan One Box Solution is built on Huawei FusionCube Hyper-Converged Infrastructure adopting the enterprise-level microservices banking framework EDSP released by Sunline in 2020. The solution supports rapid, dynamic horizontal scaling on both the […]

DBS Bank has announced that it is the first Asian bank partner on AntChain’s newly-launched blockchain trade platform, Trusple. The one-stop trade platform aims to facilitate greater acceptance and adoption of digital trade processes among corporates, especially small-to-medium sized enterprises (SMEs) which face many pain-points when it comes to international cross border trade. The other […]

First Abu Dhabi Bank has partnered with UAE-based fintech startup Tabby to enable acceptance of their Buy-Now-Pay-Later solution at FAB merchant partners. The very first roll-out of this solution has been at Al Futtaim-owned Toys R’ Us stores in the UAE. With this solution customers can instantly make purchases and pay using interest-free instalments of up […]