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ACI Worldwide‘s UP Retail Payments solution has been selected by Chilean acquirer Transbank in order to offer a variety of services to the businesses and simultaneously enhance its position...

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UK-based RegTech Konsentus has partnered with Norwegian fintech Neonomics to enable the latter’s clients in gaining access to the Konsentus’ platform, assisting them to comply to the new payment...

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Bank of America Merchant Services, announced that it has been chosen by Sezzle as their digital card processor for the company and its clients. Sezzle will use Bank of...

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California based Ellie Mae, a provider of cloud-based platform for the mortgage finance industry, has announced the release of its Encompass Digital Lending Platform. Ellie Mae’s platform has been...

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Commerzbank has partnered with Canadian multi-bank finance solutions provider, Global Trade Corporation (GTC) in a bid to utilize GTC’s Global Trade platform for boosting its digital trade finance product...

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Finastra has launched new additions to its FusionFabric.cloud open platform for innovation. Post its alliance with Microsoft, Finastra has now built select solutions on top of Microsoft Power BI,...

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Clearstream, Deutsche Borse Group’s post-trade services provider, is all set to acquire National Australia Bank Limited(NAB)’s managed funds services Ausmaq Limited. The acquisition, that will close in the second...

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UK-based Payments as a Service platform provider, Modulr, has announced the completion of an investment worth £14m. The investment round was led by Frog Capital and existing investors such...

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Ireland-based cross border B2B payments provider TransferMate and Wells Fargo have partnered to deliver the former’s Global Invoice Connect, a platform for American businesses to develop cost-effective solutions for...

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Minna Technologies, a Swedish FinTech start-up has announced a €5.6 million Series A investment led by Zenith Group and accompanied by Visa and Swedbank. Minna Technologies began as a...

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JP Morgan has announced its plan to acquire InstaMed, an American healthcare technology company that specializes in healthcare payments, for over $500 Million. The purchase marks JPMorgan’s biggest takeover...

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Hugo Bongers, Director of ABN AMRO DIF ABN AMRO’s Digital Impact Fund (DIF) is all set to invest in US-based technology firm, Tealium. The investment aims to diversify ABN...

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Deutsche Bank has launched a whitepaper on “Ultimate Guide to ISO 20022 migration” and hails the migration as one of the biggest changes in payments since SEPA. According to...

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The National Bank of Bahrain (NBB) has partnered with Tarabut Gateway, Bahrain’s first licensed open banking systems provider, to adopt technologies that enable it to deliver new Open Banking...

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London-based wealth management and financial service platform Qwil Messenger is the latest technology member to join avaloq.one. avaloq.one is a platform launched by Avaloq, which is designed to connect...

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Goldman Sachs Group, Inc., the American multinational investment bank and financial services company announced that they would be acquiring United Capital Financial Partners for $750 million. The agreement is...

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Global investment management firm Franklin Templeton has collaborated with Silicon Valley-based startup accelerator Plug and Play with an aim to gain access to startups and other corporate leaders in...

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IBS Journal of the Month

As we’ve seen with numerous breaches where attackers were able to leverage a weakness in a contractor or service provider, third-party risk must be assessed and mitigated during the early stages, as well as throughout a partnership. The following tips can help security decision-makers more effectively address the risks posed by relationships with technology vendors.

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Genome is an online finance ecosystem that helps merchants from 40 European-based countries accomplish everything related to payments online. The company was founded in 2018 and legally registered as UAB "Maneuver LT".

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This section is a monthly snapshot of activity in the banking technology system space. This is useful for anyone who wants to track banking system sales on a regular basis. The Who’s Bought What provides all the key details of the deal such as the bank that bought the system, the type of system, the supplier and the system name, and the country of sale.

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