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Banking Circle S.A. (Banking Circle), the next-generation technology-led payments bank, has completed the acquisition of Australian Settlements Limited (ASL), which is a licenced as an Authorised Deposit Taking Institution in Australia (ADI). The agreement to acquire ASL was signed in December 2024, subject to certain closing conditions including regulatory approvals. A significant milestone in the…
Ramp has raised $500 million in a new funding round at a $22.5 billion valuation, just 45 days after closing a $200 million round. The capital will support the company’s accelerated rollout of AI-driven finance automation tools and expansion across the broader U.S. business market. Ramp is focused on transforming how finance teams operate by…
Checkout.com, leading global digital payments provider, has announced a new partnership with TeamSystem, Italy’s leading digital business management software provider, which reported €1 billion in revenue in 2024 (+19% vs 2023). The partnership supports TeamSystem’s mission to bring digital innovation into every business, aligning with Checkout.com’s commitment to empowering companies to thrive in the digital economy….
BIBD Securities Sdn Bhd (BIBDS), a wholly owned subsidiary of Bank Islam Brunei Darussalam Berhad (BIBD) and part of Brunei’s largest financial group, has successfully migrated its wealth management operations to the Avaloq platform. This marks a key milestone in BIBD’s digital transformation journey, allowing BIBDS to offer personalized, Shariah-compliant investment services to its growing base…
Temenos (SIX: TEMN), a global leader in banking technology, today announced that MIDBANK has successfully gone live with Temenos, completing a full replacement of its legacy systems with Temenos’ core banking suite. This strategic transformation is part of MIDBANK’s broader initiative to modernize its operations and deliver next-generation banking services to customers across Egypt MIDBANK,…
Fold Holdings, Inc. (NASDAQ: FLD) (“Fold” or the “Company”), the first publicly traded bitcoin financial services company, today announced it has teamed up with Blackhawk Network, Inc. (BHN) to expand distribution of the Fold Bitcoin Gift Card™, significantly increasing mainstream consumer access to bitcoin across a growing portfolio of major U.S. digital retailers. The offering marks a key milestone…
Trustfull, the leading provider of frictionless fraud prevention technology, today announced the closing of a €6 million investment round led by Seaya Ventures and Elevator Ventures, with the participation of existing investor United Ventures. The funding will support Trustfull’s European expansion by strengthening its sales and marketing team and diversifying its product offering to help clients address emerging types…
TerraPay, a global leader in cross-border money movement, has officially secured registration with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as both an Independent Remittance Provider (IRP) and a Remittance Network Provider (RNP). This regulatory milestone allows TerraPay to operate directly in the Australian market while supporting a robust network of domestic and international partners. With this approval, TerraPay…
Zafin, the strategic platform partner that banks trust to accelerate innovation and deliver transformative customer value, is collaborating with OpenAI to apply ChatGPT Enterprise across its product development and delivery operations. By embedding AI into how its teams work and investing in training and enablement, Zafin is driving greater development velocity improving product quality, and…
Embat, a leading European financial management and treasury platform, is accelerating its expansion across Europe with the appointment of a new leadership team for the UK and Ireland. Building on its strong European presence, Embat has a growing footprint in the UK, is trusted by over 300 corporate clients and manages more than $200 billion…
Checkout.com, a leading global digital payments company, today announces that Pinterest, used by 570 million people worldwide, is a new customer of its global digital payments platform. The company will help Pinterest to deliver a better payments experience for its advertisers, supporting its mission to bring everyone the inspiration to create a life they love. …
SunTec Business Solutions, the world’s #1 relationship-based pricing and billing software company, today announced that Investec Bank Limited, a leading international bank and wealth manager, has chosen SunTec Xelerate to deploy differential pricing and consolidate billing for their corporate customers. “This partnership with Investec signifies a remarkable milestone for SunTec,” said Amit Dua, President of…
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