ClearBank, the cloud-based clearing bank, today announced that it is providing agency banking services to UK-based money app Ziglu. ClearBank’s technological infrastructure, regulated payment rails, and treasury management service have bolstered Ziglu’s banking and investment offerings, enabling Ziglu to offer virtual GBP accounts to its customers. ClearBank powers Ziglu’s real-time processing and reporting for its
Triterras Inc, a FinTech company focused on trade finance, and Unqork, a no-code enterprise application platform, announced they have entered a partnership to further digitize global trade finance. Unqork will be used to enhance the end-to-end trading lifecycle of Triterras’ Kratos platform, one of the largest trading and trade finance platforms in the world. By
Global payments and banking-as-a-service (BaaS) platform OpenPayd and open banking platform Yapily have today announced a partnership to deliver innovative payment solutions for businesses in the UK and across Europe. Demand for embedded finance and open banking solutions is growing at a meteoric rate. 92% of business leaders are planning on launching embedded finance within
MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, and Mobily Pay, a pioneering mobile wallet powered by leading Saudi-based telecommunications and digital service provider Mobily, today announced a partnership to launch MoneyGram’s leading international money transfer capabilities on Mobily Pay. This partnership empowers millions of consumers in Saudi Arabia to
Premier diversified wealth management platform iBG Finance has announced the impending launch of its iBG Investment Portal. A subsidiary of publicly traded Nevada blockchain, decentralized finance (DeFi), and cryptocurrency-focused investment company ICOA Inc. (OTC: ICOA), iBG Finance is on a mission to simplify blockchain investment for both crypto novices and seasoned traders new to the
TrueLayer, Europe’s leading open banking platform, and Thunes, a Singapore-based fintech company and a leader in global cross-border payments, today announced their partnership to streamline and improve the payment experience of consumers in the UK and Europe. Thunes is building a borderless B2B payment infrastructure that addresses the payment needs of online retailers, marketplaces, gig,
FintechOS, a global leader in high-productivity FinTech infrastructure for the banking, insurance, and retail industries has announced it is an accredited FinTech for PwC and Microsoft’s digital banking solution. The collaboration brings together PwC’s deep digital-banking expertise with Microsoft’s Cloud for Financial Services technology, supported by a few of Microsoft’s vetted and trusted FinTech providers.
Dell Technologies announced financial results for its fiscal 2023 first quarter. Revenue was a first-quarter record of $26.1 billion, up 16%, with growth across Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). The company generated a record first-quarter operating income of $1.6 billion, a 57% increase, and a record non-GAAP operating income of $2.1
Asia’s leading SocialFi crypto investment platform, Bit.Store (STORE) has deepened its partnership with crypto payment provider Alchemy Pay (ACH). Further to the current credit card and Paypal connections, Alchemy Pay will add popular alternative payment methods to Bit.Store including mobile wallets and domestic instant transfer services. Furthermore, Alchemy Pay will provide Bit.Store with off-ramp capabilities,
NatWest has launched an API that lets commercial customers embed Confirmation of Payee into their systems and processes. Confirmation of Payee was introduced across the UK banking industry in June 2020 to combat scammers and guard against customer errors. The technology allows banking customers to carry out a check on individual payments through their online
Six months on from its launch in Ireland, Klarna has reached the milestone of 500,000 total consumers for its buy now, pay later product. Klarna has signed up over 800 merchants in Ireland and launched a range of new money management features as well as its open banking business unit Klarna Kosma. To further its
Mastercard, a technology leader in the global payments industry, has announced a strategic partnership with Saudi Arabia-based HyperPay, the fastest growing e-commerce payments services provider in the Middle East and North Africa (MENA), to drive the adoption of digital payment solutions across the region. As part of the partnership, Mastercard will make a strategic investment
