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Amid the surge in stablecoin market capitalisation, leading crypto bank AMINA has removed custody fees for Stablecoin Rewards Account clients holding USDC in both hot and cold storage, with EURC set to be added soon. AMINA’s Stablecoin Rewards account offers both individuals and businesses fee-free custody alongside compelling benefits, including: This offering represents a key milestone in the bank’s…
The strategic partnership combines Knowit’s Nordic market expertise with Backbase’s Engagement Banking Platform. This enables the rapid implementation of digital banking solutions that meet local market requirements and regulations. Financial institutions in the Nordics also gain access to Backbase’s fintech ecosystem and banking apps. The Nordic region continues to lead in digital banking innovation. Our…
Nuvei Corporation, the Canadian fintech company, today announces that it has partnered with Outpayce from Amadeus, as its latest payments service provider to be integrated into Outpayce’s Xchange Payment Platform (XPP). This strategic partnership positions Nuvei as a global leader in advancing Outpayce’s innovative payment ecosystem. Travel businesses leveraging Outpayce’s XPP can now seamlessly access Nuvei’s…
FreedomPay, a leader in Next Level Commerce™ technologies, today announced a strategic alliance with Mastercard. This collaboration will provide businesses worldwide with a simplified and extended global payment gateway solution, streamlining their ability to connect with acquirers and accept a wider range of payment methods. Utilizing FreedomPay’s established presence in North America, Europe, and Latin…
TransUnion has signed a definitive agreement to acquire majority ownership of Trans Union de Mexico, S.A., S.I.C., the consumer credit business of the largest credit bureau in Mexico, Buró de Crédito. TransUnion currently owns approximately 26% of Trans Union de Mexico, has held seats on its board of directors for over two decades, and serves as…
Manchester City women has today announced a new global partnership with leading financial technology company, Revolut. It marks Revolut’s first investment in women’s football and adds to Manchester City Women’s growing network of commercial partners. Revolut’s global presence will provide new opportunities to elevate the visibility of Manchester City Women both in the UK and…
Fenergo, the leading provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, announced today the findings of its annual report on global financial institution enforcement actions. Global regulatory fines in 2024 saw a decline in value from US$6.57 billion in 2023 to US$4.6 billion—a reduction of 30%. The…
10x Banking, the cloud-native core banking platform, and DLT Apps, a leader in innovative solutions for data migration, have partnered to leverage AI to set a new standard in the banking industry’s digital transformation efforts. This new partnership offers a proven, fast and reliable migration journey from legacy and non-legacy systems onto 10x, that prioritises data…
The transaction highlights the investment bank’s commitment to supporting technology companies seeking a strategic exit via M&A A deal team at Artis Partners, the newly formed sell-side M&A and growth financing specialists for technology companies, has advised on the pending £160 million sale of self-directed investment platform Freetrade to IG Group Holdings (IG), a world leader in derivatives trading and an…
In 2024 Finora Bank recorded unprecedented growth. The loan portfolio provided to business clients increased by more than 38% over the year – from €20.4 million at the end of 2023 to €28.1 million at the end of 2024. The bank’s assets grew by 61%, reaching €36.9 million compared to €22.9 million the previous year. Financing volumes…
Droit, a technology firm at the forefront of computational law and regulation, has appointed Somerset Pheasant as Chief Strategy Officer. In this newly created role, Somerset will spearhead the firm’s strategy development, oversee the evaluation of new opportunities, and accelerate the execution of its commercial growth objectives. He will also be responsible for driving partnership…
Top 3 Romanian bank is adopting Temenos core banking to streamline operations and launch new products faster GRAND-LANCY, Switzerland – JANUARY 15, 2025 – Temenos (SIX: TEMN) today announced that CEC Bank, the third largest bank in Romania, has selected Temenos to modernize its retail and corporate core banking systems. The state-owned bank is migrating from…
