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
Equifax®, a global leader in data, analytics, and technology, has teamed up with Qlarifi, the first real-time consumer credit database specifically designed for Buy Now, Pay Later (BNPL) lending, to conduct a groundbreaking joint study. The focus of the study is to evaluate how the inclusion of Buy Now, Pay Later data affects credit risk
Splitit has joined forces with Samsung to introduce a groundbreaking installment payment feature within Samsung Wallet. This collaboration brings users the ability to make in-store purchases and pay over time, utilizing their existing credit cards directly at the point of sale. This marks a major milestone, as it’s the first time an installment option is
BMO has partnered with financial planning software provider Conquest Planning to introduce ‘My Financial Progress’, a new digital tool designed to help Canadians better manage and understand their finances. This feature is now accessible through BMO’s Mobile and Online Banking platforms and leverages Conquest’s advanced technology to deliver personalized financial guidance that adapts in real
Spinwheel, a prominent leader in real-time consumer credit data and AI-powered payments, has formally announced a strategic partnership with Algebrik AI Inc., a Delaware-based business based in New York City that is credited with creating the first cloud-native, AI-driven, digital-age Loan Origination System (LOS) in history. This partnership is a major step in changing the
Following a formal evaluation by Standard & Poor’s (S&P), a well-known credit rating agency with a stable outlook, Fidelidade – Companhia de Seguros, S.A. and its reinsurance branch, Fidelidade RE – Companhia de Resseguros, S.A., were given long-term Issuer Credit Ratings (ICR) and Financial Strength Ratings (FSR) of ‘A’. This rating reflects S\&P’s confidence in
Receive, a fintech startup focused on expanding financial access for small and medium-sized businesses, has officially emerged from stealth mode with the announcement of its latest milestone. With the help of further debt financing, the company announced that it has raised its total funding to approximately 7.1 million dollars, including a $4 million startup funding
Finlens, a new AI-powered solution for accounting, has officially launched, aiming to streamline financial processes for startups and accounting firms alike. Backed by Y Combinator and Accel, Finlens positions itself as a tool designed specifically for founders and financial professionals who seek faster month-end closes, real-time financial visibility, and accurate bookkeeping without the usual spreadsheet
Georgia-Pacific has officially announced a significant capital investment in its Englehart OSB (Oriented Strand Board) mill, located in Ontario, marking a major step in the facility’s ongoing growth and modernization. The company plans to invest approximately $140 million USD, equivalent to around $191 million CAD, to upgrade the mill’s infrastructure. This investment will be directed
Lloyds Banking Group is now in the advanced stages of talks to acquire Curve, a well-known financial technology company. The deal, according to sources cited by Sky News, could close as soon as September 2025. The estimated value of the transaction stands at around £120 million. Curve is a strategic addition that Lloyds believes would
