back Back

FinTech Focus: Catch latest developments of the week

By Gloria Mathias

January 25, 2024

  • Adobe
  • Adobe Commerce
  • AI

FinTech news, APAC, India, Europe, UK, MENA. Africa , Fixerra, Worldline, Commerzbank, Fintech News, KARTY, Intellect design Arena, Credit Agricole, Azentio, Kurdistan International Islamic Bank, Fintech News, Fintech week, Fintech roundup, Global Fintech news, FinTechs continue to play a pivotal role in transforming and reshaping the traditional contours of the financial industry. As technology becomes increasingly intertwined with financial services, FinTech innovations are not merely incremental but rather revolutionary, paving the way for enhanced efficiency, accessibility, and novel business models.

This week’s FinTech Focus brings forth a curated selection of the most significant developments that underscore the dynamic nature of this sector.

Let’s look at the top 5 announcements made by the FinTech bigwigs this week:

Azentio Software has partnered with Kurdistan International Islamic Bank for Investment and Development (KIB), Iraq, to implement iMAL, its industry-leading Islamic banking platform. iMAL will help KIB offer complete digital Islamic banking services and a wider range of Sharia-compliant, innovative products to both retail and corporate customers.

Intellect Global Transaction Banking | iGTB (the transaction banking specialist of Intellect) has collaborated with Crédit Agricole CIB (the corporate and investment banking arm of Credit Agricole Group) in its cash management transformation journey. This strategic partnership is a testament to our market-leading expertise and ability to deliver high value to our clients. By leveraging our cutting-edge Corporate Treasury eXchange (CTX) powered by architecture, the bank will achieve optimised operational efficiency, increased agility, and ultimately superior customer satisfaction. has announced a strategic partnership between and Arab Financial Services (AFS), marking a pivotal moment in the evolution of financial technology in the Middle East and Africa!

As the leading global fintech provider, is joining forces with AFS, the region’s principal digital payment solutions provider, to enhance AFS’s diverse product portfolio with our cutting-edge technologies. This collaboration not only expands our addressable market but also opens new avenues for growth in these dynamic regions.

Nuvei’s comprehensive payment solution, including online, mobile, and ACH, is now seamlessly integrated via a single API for global reach and convenience for Adobe Commerce users.

Worldline is extending its partnership with Commerzbank AG, enabling customers in Austria, France, Italy, the Netherlands, Spain, and the UK to send and receive real-time transfers in euros.

In addition, instant payments in Swiss francs can now be processed in Switzerland, in compliance with a decision by the Swiss National Bank (SNB). As a key player, Commerzbank is preparing for the mandatory processing of instant payments from August 2024.

Also read: NextGen Core Banking: The Future of Banking Q1 2024

Previous Article

January 25, 2024 & Conecs partner to accept payments with Meal Vouchers

Read More
Next Article

January 29, 2024

GBST appoints Jeff Hall as Head of APAC to drive strategic growth and client success

Read More

IBSi Daily News Analysis

UK, Bank

July 12, 2024


Global securities lending revenue sees sharp 16% decline to $2.53bn in Q2 2024, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 12, 2024

Nuvei and Mastercard team to enable crypto to fiat conversion

Read More

July 12, 2024

Fair4All Finance and ClearScore partner on debt consolidation technology

Read More

July 12, 2024

Payset and ClearBank partner for local and cross-border payments

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024