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California-based Zero Financial has secured $20 million in a Series A financing round led by New Enterprise Associates (NEA) total equity and debt funding to date to $35 million...

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Luminor Bank has selected Eurobase’s solution Siena as its treasury, trading and markets solution including the Siena online corporate customer dealing platform. The collaboration is expected to propel Luminor’s...

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Allianz X, the digital investment unit of the Allianz Group, and Canada-based Power Financial Corporation, a financial management and holding company, have announced that they will invest C$100 million...

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Swedish based online banking provider Trustly Group AB announced that they have initiated a partnership with Collector, a Swedish digital bank. The partnership is expected to streamline the payment...

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Intercontinental Exchange (ICE) has announced the launch of ICE DataVault, a cloud-based tick history platform, which stores, builds and distributes historical tick data via programmatic, cloud or click-thru access. According...

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Standard Chartered has partnered with IBM to launch the Trade AI Engine, in a bid to improve client experience in trade document processing through strong operational control and efficiency....

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Thailand-based banking group, KASIKORNBANK (KBank) has selected InstaReM for powering its cross border payments across select markets. The partnership is expected to enhance InstaReM’s position in the payments market...

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Wirecard has announced a partnership with UTI Infrastructure Technology and Services Limited (UTIITSL), the Indian government-owned issuer of Permanent Account Number (PAN) cards. The partnership aims to facilitate the...

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The South Korean Cryptocurrency exchange Bithumb recently invested in Codebox, a firm that specializes in operating a domestic asset tokenization platform and signed an MOU with Standard & Consensus (SNC), a...

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Payment networks Mastercard and Interac announced today a collaboration to offer Canadians a fast, simple and secure way to send money internationally. Starting with Europe, the current Interac e-Transfer...

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Working on the understanding that despite widespread automation manual data entry still constitutes for a significant part of an employee’s work (about 23% based on a Salesforce survey) San...

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London based online pension provider, PensionBee and Starling Bank, a digital bank have collaborated to enhance their 2-way API integration through the development of new features, using Open Banking...

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Canada-based Nuvei Corporation, through its wholly-owned subsidiary Nuvei Bidco, has entered into an agreement to acquire SafeCharge International Group in an all-cash deal valued at $889 million. The acquisition...

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Fiserv has announced that Allegacy Federal Credit Union has selected Fiserv DNA and Verifast in a bid to enhance its core platform as well as its business capabilities. Fiserv’s DNA...

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Sopra Banking Software and UK-based mortgage lender Kensington Mortgages have renewed their managed services partnership for a five-year term. The partnership will allow Sopra to manage all core mortgage...

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Temenos has partnered with the fintech subsidiary of UnionBank of the Philippines, UBX in a bid to assist UBX in delivering digital banking services to the Philippines. According to...

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Modern card issuing platform, Marqeta, has announced that it has raised $260 million in a Series E funding round led by an investment firm, Coatue Management. This increases the...

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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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