Category: Uncategorized
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NAB partners with Microsoft for cybersecurity
Melbourne, Australia – National Australia Bank (NAB) announced a strategic partnership with Microsoft, aiming to enhance its cybersecurity measures and protect its customers’ digital assets. The collaboration will bring together two industry leaders to strengthen NAB’s existing security infrastructure and ensure the highest level of protection against cyber threats. NAB, one of Australia’s largest…
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Onfido launches Compliance Suite to simplify local and global identity verification
Onfido, the leading provider of identity verification and authentication solutions, has recently announced the launch of its innovative Compliance Suite. This Suite aims to streamline and simplify the identity verification process both locally and globally, paving the way for secure and efficient digital transactions. Identity verification has become increasingly crucial in today’s digital world. With…
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Snabble partners with Softpay.ioS
Snabble Partners with Softpay.io Snabble, a leading mobile self-checkout solution provider, has announced a strategic partnership with Softpay.io, a provider of secure payment infrastructure for businesses. With the rapid growth of e-commerce and the ever-increasing demand for contactless payment solutions, this partnership comes as a critical step towards enhancing the overall shopping experience for both…
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Payment fraud attempts on US business spike according to study
Payment Fraud Attempts on US Business Spike According to Study Introduction A recent study reveals a significant increase in payment fraud attempts targeting businesses in the United States. The research conducted by Payment Security Initiative highlights the alarming trend and emphasizes the need for enhanced security measures to safeguard businesses from potential financial losses. Trends…
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Plannix partners with Salt Edge to optimise personal finance
Plannix partners with Salt Edge to optimize personal finance In today’s digital age, managing personal finances has become more complex than ever before. However, a new collaboration between Plannix and Salt Edge aims to simplify the process and empower individuals to take control of their financial well-being. Plannix, a leading financial management platform, has joined…
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Comic Relief partners with GoCardless
Supporting a Good Cause Comic Relief, the renowned UK-based charity organization known for its Red Nose Day campaign, has recently announced a new partnership with GoCardless, an innovative online payment service provider. The Power of Collaboration This exciting collaboration aims to create a seamless and efficient donation experience for Comic Relief’s supporters and donors. By…
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KARTY secures over USD 2 mln in latest seed round
KARTY secures over $2 mln in latest seed round November 15th, 2022 – KARTY, a disruptive fintech startup, has successfully raised over $2 million in its latest seed funding round. The round was led by prominent venture capital firms in the financial technology sector. The funding secured by KARTY will be instrumental in…
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Ondo Finance expands to Asia Pacific
In a bold and strategic move, Ondo Finance, a leading global financial institution, has announced its expansion plans to the Asia Pacific region. This decision marks a significant milestone for the company as it seeks to tap into the rapidly growing economies and capture new market opportunities. The Asia Pacific region encompasses a diverse range…
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Canada’s banking regulator to increase focus on ML issues
Canada’s Banking Regulator to Increase Focus on Money Laundering Issues In an effort to combat money laundering and bolster financial integrity, Canada’s banking regulator recently announced plans to increase its focus on these pressing issues. The Office of the Superintendent of Financial Institutions (OSFI) has identified money laundering as a significant…
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Synchrony to acquire Ally Financial’s POS financing business
Synchrony to Acquire Ally Financial’s POS Financing Business Synchrony, a leading consumer financial services company, announced its plans to acquire Ally Financial’s Point-of-Sale (POS) financing business. The strategic move aims to strengthen Synchrony’s presence in the retail financing sector and provide customers with enhanced financing options. Expanding Market Reach With this acquisition, Synchrony will…
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ICBC receives USD 32 million fine from the NYDFS
Published on: May 12, 2023 The Industrial and Commercial Bank of China (ICBC), one of the largest banks in the world, has been slapped with a massive fine amounting to USD 32 million by the New York Department of Financial Services (NYDFS). The fine comes as a result of ICBC’s failure to comply with certain…
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Finshape partners with Arab National Bank
Exciting news in the financial world! Finshape, a leading financial technology company, is thrilled to announce a strategic partnership with the esteemed Arab National Bank. This collaboration marks a significant milestone for both companies and promises tremendous growth opportunities for customers and stakeholders alike. The Arab National Bank, known for its strong presence in the…
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Vertice raises USD 25 mln
Vertice raises USD 25 million Vertice, a prominent technology company in the market, has successfully raised USD 25 million in its latest funding round. This significant capital injection will enable the company to expand its operations and bring exciting new products and services to the market. Founded in 2010, Vertice has constantly been at the…
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VOXI expands partnership with Moneyhub
VOXI Expands Partnership with Moneyhub VOXI, the UK-based mobile virtual network operator (MVNO), has announced an expansion of its partnership with Moneyhub to provide even more value to its customers. This collaboration will enable VOXI’s users to manage their finances with greater ease and efficiency. Moneyhub, a renowned…
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Cart.com secures USD 70 million debt refinancing
Cart.com, the leading e-commerce software solutions provider, has announced that they recently secured a significant debt refinancing deal worth USD 70 million. This infusion of capital will fuel the company’s growth strategies, expand its operations, and drive innovation in the e-commerce industry. The debt refinancing deal was led by prominent financial institutions, demonstrating their confidence…
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Kyndryl partners with Canara Bank
In an exciting development, Kyndryl, the independent public company that will be formed after the IBM split, has announced a strategic partnership with Canara Bank, one of India’s leading public sector banks. The collaboration aims to leverage Kyndryl’s expertise in technology consulting, systems integration, and infrastructure services to enhance Canara Bank’s digital transformation journey. With…
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Obligo partners with BNY Mellon
Obligo, a leading financial technology platform, announced its partnership with BNY Mellon, a global investments company, to enhance their respective capabilities and offer innovative solutions to their customers. This strategic partnership aims to leverage Obligo’s cutting-edge technology in simplifying the rent payments process for tenants, landlords, and property managers.…
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Ukheshe improves its fintech presence with EFTCorp acquisition
Johannesburg, South Africa – In an exciting move, leading South African fintech company Ukheshe has announced the acquisition of EFTCorp, solidifying its position in the market and expanding its service offerings. The acquisition is aimed at enhancing Ukheshe’s presence within the electronic funds transfer sector by leveraging EFTCorp’s extensive expertise and established client base. This…
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Report: Open Banking market in Arab states to reach USD 1.17 bln
A recent report has projected that the Open Banking market in Arab states is expected to reach an estimated value of USD 1.17 billion by the end of the forecast period. Open Banking, a decentralized system that allows third-party financial service providers access to customer banking data through the use of application programming…
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Billink raises EUR 29.5 million
Billink, a leading financing technology company, recently announced a successful funding round of EUR 29.5 million. This substantial investment demonstrates the strong confidence and support from investors in the company’s innovative growth strategy. Founded in 2010, Billink has become renowned for its cutting-edge solutions in the world of online financing. The company offers flexible…