Market News

Technisys, the innovative digital banking technology company, has joined IBS Intelligence’s IBSI SLT Leadership Club and has been ranked as a digital banking supplier. IBS Intelligence Sales League Table (SLT) is the global barometer for the sales performance of Universal Banking, Wholesale Banking, Retail Banking, Private Banking, Lending, Digital Banking Channels, CRM, Payments & Cards, […]Read More

London-based equity capital marketplace, Appital announced the appointment of Brian Guckian would join as Chief Business Development Officer (CBDO) and Philipp Eberle as Head of Strategy. The new hires are expected to support Appital’s technology growth and its aim of bringing automation to equity capital markets. Mark Badyra, CEO of Appital, said, “I am thrilled […]Read More

BankBazaar, a Chennai-based financial marketplace and provider of free credit scores for customers, is partnering with IndusInd Bank and SBI Card, to facilitate contactless access to credit cards. The contactless solutions from IndusInd Bank and SBI Card are live on BankBazaar platform and were launched amidst the COVID-19 lockdown in May 2020. Adhil Shetty, CEO, […]Read More

The Western Union Company, a leader in cross-border, cross-currency money movement and payments, has announced the appointment of Joyce A. Phillips to the Company’s Board of Directors, effective from !st July, 2020. Ms Phillips will also serve on the Compensation and Benefits, and Corporate Governance, ESG and Public Policy Committees of the Board. Ms Phillips […]Read More

UK-based SOTpay payment solutions provider, Gala Technology, announced an extension of their capabilities in Germany in a bid to support merchants and demands from their acquiring partners. The company has stated that the expansion will enable German merchants to leverage the technology for processing card not present (CNP) transactions, following its surge during the COVID-19 […]Read More

Aditya Birla Sun Life AMC Limited, a subsidiary of NBFC Aditya Birla Capital Limited, and investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF),  has witnessed a spike in new users during the lockdown due to the paperless Video-KYC system. The in a press statement said that there has been an increase in paperless […]Read More

PhonePe, India’s leading digital payments platform, has witnessed over 150% growth in loan EMI repayments category on its platform since March 2020 led by Bajaj Finance. The Indian FinTech said that it currently has over 60 lenders integrated into its platform enabling its users to make easy and timely repayment of loans at the click […]Read More

The COVID19 has been a boom time for FinTechs globally with many undergoing major expansions at times.  Indian FinTech Zeta, a technology platform-as-a-service, has announced that it has expanded its operations into South-East Asian markets such as the Philippines and Vietnam with Sodexo being its first client in these countries. The Bengaluru-based FinTech’s platform will […]Read More

The British Business Bank announced today that it has approved six new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), three new lenders under the Coronavirus Large Business Interruption Loan Scheme (CLBILS) and two new lenders for accreditation to the Bounce Back Loan Scheme (BBLS). The new CBILS lenders include 365 Business […]Read More

GoBear, a Singapore-based financial services platform, will partner with Mambu, a cloud banking platform headquartered in Berlin, and Singapore’s credit-scoring FinTech – CredoLab. The collaboration arises as GoBear aims to accelerate its lending business across Asia. Mambu’s composable banking solution will form the core system in GoBear’s lending architecture to expand in the Philippines in […]Read More

Surecomp, a provider of global trade finance and treasury solutions for banks and corporations, announced the launch of its Trade Finance-as-a-Service (TFaaS) suite comprising back-office trade finance management and processing, front-office for banks’ corporate clients, open API connectivity and full access to its Marketplace. The new SaaS subscription-based service is scalable and offers a cost-effective […]Read More

Digital banking and financing software provider, Sopra Banking Software has teamed up with European FinTech Tink. The partnership will allow Sopra Banking to integrate with the latter’s tech for offering new value and turn-key digital banking solutions. At the same time, Tink will utilise the company’s data aggregation, enrichment, payment initiation, and personal finance management […]Read More

Flyer has announced the launch of Co-Pilot order management system (OMS) enhancements, which enables advisors relying on the Envestnet | Tamarac (Tamarac) platform to automate their fixed-income trade processing. The co-pilot integration with Tamarac is expected to provide a comprehensive, seamless, and advanced advisor trading experience. Advisors can streamline pre- and post-trade processing for fixed-income […]Read More

Singapore-based Liquid Group, a regional mobile payment services organisation will partner with NICE Payments (NICE) as its merchant acquirer in Korea. The collaboration encompasses the customers and issuer partners of Liquid Group in a way that they will be able to use their preferred payment apps and e-wallets for their local and overseas QR payment […]Read More

O-CITY, BPC’s smart city payment division, has joined Visa’s Ready for Transit program in a bid to benefit transit agencies and riders from tapping to ride system with a contactless card or digital wallet. O-CITY is now a certified partner and will be available to cities globally for accelerating digital transformation. Tokhir Abdukadyrov, SVP of […]Read More