Through the use of SAS Managed Cloud Services and the SAS Solution for IFRS 17, Malayan Insurance, one of the biggest non-life insurers in the Philippines, has fully prepared for IFRS 17 two years ahead of the nation’s extended compliance date. This early adoption positions the company as a leader in regulatory transformation within the
Vector AIS, a leading fund administrator specializing in closed-end alternative investment funds, has introduced Valence Vero. This advanced solution is designed to transform investor onboarding and compliance. Built specifically to meet the unique operational needs of private capital, Valence Vero offers fund managers a unified platform that combines modern workflows, integrated KYC/AML capabilities, and a
Manulife Financial Corporation has announced its agreement to acquire a 75% stake in Comvest Credit Partners for US $937.5 million in upfront cash consideration. This strategic acquisition is set to significantly scale Manulife’s private credit capabilities, bringing together Comvest’s US $14.7 billion in assets and Manulife’s US $3.7 billion Senior Credit business to form an
Vola Finance, a personal financial management platform, has officially launched Vola CreditMap—a comprehensive loan management dashboard aimed at empowering consumers to take control of their personal debt and improve their credit scores. Designed with simplicity and impact in mind, CreditMap offers users a centralized experience to manage all forms of debt, including credit cards, student
OpenWay, the global powerhouse behind the acclaimed Way4 digital payment platform, has announced its official expansion into Francophone Africa, bringing its cutting-edge payment solutions and robust local service infrastructure to banks and fintech companies in the region. This strategic move underscores OpenWay’s commitment to advancing digital finance across the African continent by enabling financial institutions
XData Group, a European software development company specializing in banking technologies, has launched Comcora, a white-label Banking-as-a-Service (BaaS) platform created to empower both traditional banks and fintech startups with a streamlined pathway to offering modern digital financial services. Designed to minimize complexity and accelerate deployment, Comcora provides an adaptable and scalable solution tailored to the
PayPal has announced a set of global partnerships aimed at unifying major payment systems and digital wallets on one platform, beginning with interoperability between PayPal and Venmo. These launch partners collectively serve nearly two billion users worldwide. The project, known as PayPal World, aims to transform cross-border interactions with AI agents, online and in-store shopping,
ImageSource, Inc., the company behind the ILINX® intelligent automation platform, has introduced a new Indirect Cost Rate (IDC) Proposal Solution tailored specifically for the financial and regulatory requirements of Tribal Nations. Created in close partnership with tribal finance and grants management experts, this purpose-built solution is designed to remove the inefficiencies that have long challenged
NatWest has secured an eight-year contract, with the possibility of a four-year extension, to process a variety of payments for Government Banking. This division provides shared banking services to central government and wider public sector bodies. Under the new agreement, NatWest will act as a key supplier, supporting nearly 600 central government clients. These include
ComplyControl, a UK-based provider of AI-driven compliance technology, has unveiled ComplyControl SafeStart — a specialized initiative aimed at supporting fintech startups across the EU and UK. This new program is designed to empower early-stage companies with the tools and guidance needed to establish trust, accelerate growth, and maintain regulatory compliance from the very beginning of
EquiLend has taken a major step forward in its mission to lead innovation in securities finance by acquiring Trading Apps, a front-office technology provider recognized for its advanced automation tools and modular trading solutions. These tools are widely adopted by top-tier securities finance desks around the world and are known for improving operational efficiency and
Deloitte has announced the integration of advanced artificial intelligence (AI) capabilities into Omnia, its global cloud-based Audit & Assurance platform, aimed at transforming the audit experience. These innovations address the increasing complexity of the business environment by providing agile, integrated solutions. The AI enhancements are part of Deloitte’s ongoing investment in cutting-edge technologies to drive
