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In a major advancement for digital financial inclusion, Salaam Somali Bank has partnered with Mastercard to introduce a digital-first co-branded multi-currency prepaid card. This innovative product is designed to enhance digital payment solutions for international travelers and diaspora communities, offering secure and convenient payment methods worldwide. The Waafi card provides a seamless digital banking experience…
Arcesium, a leading provider of investment lifecycle and data management technology for the global investment industry, announces the opening of a new office in Lisbon, Portugal. This strategic expansion emphasizes Arcesium’s commitment to enhancing technology solutions for the global investment industry across all asset classes and investment strategies. “Our clients manage over $4.3 trillion in…
Mansa, the pioneering fintech providing liquidity to multinational exports and cross-border payments for companies in emerging markets, today announced the launch of its first pool on Base. This marks a significant milestone in Mansa’s mission to democratise access to financing for businesses in Africa. Base is a secure, low-cost Ethereum-equivalent L2 blockchain built on the OP…
Network International (Network), the leading enabler of digital commerce in the Middle East and Africa, and Biz2X®, a global technology and financing fintech in the U.S., India and Australia with over $10 billion USD funded through its digital lending platform, today announced a new SME financing partnership. The primary objective of the partnership is to unlock new…
Cable, the leading risk management and effectiveness testing platform for banks, fintechs, and crypto companies, today announced a strategic partnership with Vantage Bank, a visionary $4.2B bank based in San Antonio, Texas. This collaboration aims to ensure robust compliance and risk management as Vantage Bank continues to grow its fintech program and partnerships. Vantage Bank has…
SDK.finance, a white-label Lithuanian fintech platform for digital payments, has partnered with Salt Edge, a leading open banking solution provider with over ten years of experience. This collaboration will help fintech companies and financial institutions of all sizes develop open banking-enabled financial services and applications or update their existing ones. In the pursuit of empowering businesses…
Lucinity has announced a strategic partnership with Knights Analytics to enhance its financial crime compliance platform with advanced AI data management capabilities. This collaboration will unify customer data, improve data quality, and enable advanced Generative AI analysis within Lucinity’s solutions. Knights Analytics specializes in combining graph analytics and AI for connecting data, helping businesses extract valuable insights from…
Featurespace, the world leader in enterprise grade technology that prevents fraud and financial crime, has launched TallierLTM™ – the world’s first Large Transaction Model (LTM). TallierLTM™, a foundation AI technology for the payment and financial services industry, is a large-scale, self-supervised, pre-trained model designed to power the next generation of AI applications for the financial protection of…
UK consumers are leading the charge on digital financial services adoption amid rising demand for more innovation and convenience in payments and banking, according to a study from Marqeta (NASDAQ: MQ), the global modern card issuing platform powering some of today’s most innovative embedded finance solutions. The 2024 State of Payments Report released today – surveying 4,000…
NTT DATA, a global leader in business and technology services, announced its strategic partnership with Lynx Tech, a revolutionary fintech company specialising in AI-driven fraud detection. This collaboration will leverage NTT DATA’s network and extensive experience in the banking and finance industry to scale Lynx’s innovative solutions across the UK and European markets. Lynx identified…
Marqeta (NASDAQ: MQ), the leading global modern card issuing platform, has announced a collaboration with Visa and Affirm to introduce the Visa Flexible Credential. This innovative single card product allows users to switch between different payment methods, empowering consumers with greater choice and convenience. In May 2024, Marqeta achieved certification for Visa Flexible Credential. This…
Bank payment company GoCardless has announced a partnership with OMS, the seamless single-input enquiry to completion processing platform for brokers, to simplify and accelerate the payment process for its ever-growing user base. OMS will integrate Instant Bank Pay, GoCardless’ open banking payments feature, directly into its platform, enabling brokers to efficiently request payments from their clients for…
