Category: Banking
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MDP enters a strategic alliance with Mastercard
In a groundbreaking move that will reshape the future of the financial industry, MDP (Merchant Development Platform) has announced a strategic alliance with Mastercard, one of the world’s leading payment technology companies. The alliance aims to combine the strengths of both organizations to revolutionize the way businesses manage their financial transactions and improve the…
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Check launches new tools to support payroll businesses
Check, a leading provider of payroll software solutions, has announced the launch of its latest suite of tools specifically designed to support businesses with their payroll operations. The new tools aim to simplify and streamline the payroll process, helping businesses save time and reduce errors. With an ever-evolving landscape of regulations and compliance, managing payroll…
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ISX Financial launches Open Banking solution PaidBy to Wix merchants in the UK
LONDON, UK – [Date] ISX Financial, a leading provider of financial technology solutions, is thrilled to announce the launch of their innovative Open Banking solution, PaidBy, exclusively for Wix merchants in the United Kingdom. Unlocking New Possibilities for Wix Merchants PaidBy revolutionizes the way Wix merchants in the UK accept payments by leveraging the…
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Tietoevry Banking partners with Tier 1-bank
Tietoevry Banking Partners with Tier 1-bank About Tietoevry Tietoevry, a leading Nordic software and services company, has announced its strategic partnership with a Tier 1-bank to enhance its banking solutions and services. This collaboration is expected to provide Tietoevry with a significant market advantage in the banking sector. Benefits of the Partnership The partnership will…
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Neonomics, Carbon Centrum partner to curb CO2 emissions via Open Banking
Neonomics, a leading Open Banking and PSD2 solution provider, has joined forces with Carbon Centrum, a sustainable energy management company, to tackle the critical issue of carbon dioxide (CO2) emissions through the power of Open Banking. The partnership aims to leverage the innovative potential of Open Banking to help individuals and businesses reduce their carbon…
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Wise Platform and Allica Bank form cross-border payments partnership
London-based digital money transfer service, Wise Platform, has announced a strategic partnership with Allica Bank to enhance cross-border payments for customers. Wise Platform, formerly known as TransferWise, is a renowned platform that enables customers to send and receive money internationally. Its advanced technology ensures fast, secure, and cost-effective transfers. Allica Bank, a growing UK-based challenger…
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IMF, World Bank and BIS partner to tokenize financial instruments
The International Monetary Fund (IMF), World Bank, and Bank for International Settlements (BIS) have recently announced a groundbreaking partnership aimed at leveraging blockchain technology to tokenize financial instruments. Tokenization refers to the process of converting rights to an asset into a digital token on a blockchain. This collaboration represents a significant step towards harnessing the…
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QIB partners with Visa and ecolytiq
Qatar Islamic Bank (QIB) Joins Forces with Visa and Ecolytiq to Drive Innovation and Digital Transformation Qatar Islamic Bank (QIB), one of the leading banks in Qatar, is excited to announce its strategic partnership with global payments technology leader Visa and cutting-edge data analytics firm Ecolytiq. This collaboration aims to revolutionize the banking experience, enhance…
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Cooperative Financial Network begins tests for new payments procedure
Cooperative Financial Network, a leading player in the financial industry, has announced the commencement of tests for their highly anticipated new payments procedure. This innovative system aims to revolutionize the way financial transactions are conducted, offering enhanced security, efficiency, and convenience for users. The Cooperative Financial Network has always been at the forefront of technological…
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Unlimit partners with UnionPay International
In an exciting new development, Unlimit, a leading provider of IoT solutions, has announced its collaboration with UnionPay International, a global financial institution. The partnership aims to leverage the expertise of both companies to revolutionize the way businesses utilize IoT technology for secure and efficient financial transactions. With UnionPay’s extensive network and Unlimit’s advanced IoT…
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Neem partners with Mastercard
Introduction Neem, a leading global fintech company, has recently announced a strategic partnership with Mastercard, one of the world’s most renowned payment technology companies. This collaboration marks an exciting milestone in the rapidly evolving landscape of digital payments. About Neem Neem is a financial technology company that aims to revolutionize digital payments by providing secure,…
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Ofgem seeks input on digital energy consumer data
The UK energy regulator, Ofgem, has launched a consultation seeking views on how to best utilize digital energy consumer data. Background With the increasing use of digital technologies in the energy sector, Ofgem recognizes the valuable insights that can be derived from consumer data. By analyzing this data, energy providers can gain a better understanding…
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Mambu and Aldermore Bank join forces
Exciting news in the banking sector as Mambu, the leading cloud banking platform, announces its partnership with Aldermore Bank. Aldermore Bank, a prominent UK-based challenger bank, has long been known for its commitment to innovation and customer-centric approach. This new venture aims to reinforce Aldermore’s position as a market leader by utilizing Mambu’s advanced technology…
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Allianz Direct partners with ING
Allianz Direct, the digital subsidiary of Allianz Group, has recently announced a strategic partnership with ING, one of the leading banking and financial services providers in the world. This collaboration aims to leverage the respective strengths and expertise of both companies to create innovative and customer-centric solutions in the insurance and banking sectors. With increasing…
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Metro Bank in talks to offload a mortgage portfolio to Barclays
In a recent development, Metro Bank, one of the leading retail banks in the UK, has entered discussions with Barclays to offload a significant portion of its mortgage portfolio. This strategic move aims to streamline Metro Bank’s operations and strengthen its capital position while providing Barclays with an opportunity to expand its mortgage offering. Metro…
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Nucleus Commercial Finance secures GBP 200 mln
Nucleus Commercial Finance, a leading provider of alternative financing solutions for SMEs, has successfully secured a staggering GBP 200 million in funding. This notable achievement is set to fuel their expansion plans and further support small and medium-sized businesses across the UK. Nucleus Commercial Finance focuses on delivering flexible, tailored financing options designed to aid…
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Scottish Widows partners with Moneyhub
Scottish Widows, a leading provider of financial services, has announced a strategic partnership with Moneyhub. Moneyhub, a renowned financial technology company, offers a revolutionary platform that enables individuals to have a comprehensive and holistic view of their financial accounts and investments in one place. The partnership between Scottish Widows and Moneyhub aims to further enhance…
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TrueLayer partners with Lendable
TrueLayer, the leading open banking platform, has joined forces with Lendable, a prominent lending platform, to enhance the lending experience for customers through cutting-edge technology and data-driven solutions. This partnership marks an exciting development in the financial industry as two innovative companies collaborate to simplify and streamline the loan application process, revolutionizing the accessibility…
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The Paypers launches the Open Finance Report 2023
The Paypers, a leading source of news and insights for the global payment community, is proud to announce the launch of its highly anticipated Open Finance Report for 2023. This comprehensive report delves deep into the emerging trends and groundbreaking developments in the open finance landscape. Open finance, also known as open banking, has…
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Clarity AI joins forces with AWS
Exciting news in the world of sustainability and artificial intelligence as Clarity AI, the leading sustainable investment analytics platform, announces a strategic partnership with AWS (Amazon Web Services), the world’s most comprehensive and broadly adopted cloud platform. This collaboration marks a significant milestone for both Clarity AI and AWS, solidifying their commitment to revolutionizing the…