Finastra to Sell Treasury, Capital Markets Unit to Apax Funds

Finastra, a global provider of financial software applications, and funds advised by Apax Partners LLP, a private equity advisory firm, announced that they have entered into an agreement under which Finastra “intends to sell its Treasury and Capital Markets (TCM) business unit to an affiliate… Read More

UK’s Digital Bank Monzo Unveils New Feature to Prevent Costly Bank Transfer Errors

UK’s digital bank Monzo has launched a new feature that empowers customers to cancel bank transfers almost instantly if they spot an error. This development, aimed at addressing a problem costing Brits an estimated £825 million annually, is set to redefine how users manage their… Read More

Paythru and Fintech Adyen to Streamline EV Charging Payments

EV payment specialist Paythru has partnered with global fintech Adyen to co-develop a next-generation, omni-channel payments platform for EV charging. The collaboration aims to address the problem of inconsistent EV charging payments – where EV drivers “face different payment methods at different charge points –… Read More

Empower Introduces Private Market Investments Program for Defined Contribution Retirement Plans

In a move aimed at expanding investment opportunities for retirement plan participants, Empower is announcing a program that will pave the way for private market investments to be included within defined contribution retirement plans. Empower has reportedly aligned “with private investments fund managers and custodians,… Read More

Allspring Global Investments Selects Confluence Style Analytics to Gain Factor-Based Insights

Confluence Technologies, Inc., a tech solutions provider for regulatory, analytics, and investor communications solutions for the investment management industry, announced that Allspring Global Investments has selected its Style Analytics solution for “enhanced transparency and improved competitive intelligence analysis for factor-based portfolio insights.” An independent global… Read More

DailyPay Acknowledges Key Regulatory Achievement as Indiana Signs into Law Legislation Regarding EWA, On-Demand Pay

DailyPay, a worktech company and a leading provider of On-Demand Pay (also known as earned wage access), marks another regulatory achievement as Indiana becomes the latest state to sign into law legislation regarding the product. Indiana’s HEA 1125 codifies the industry’s best practices “into law,… Read More

Digital Payments Provider Checkout.com Teams Up with du Pay

Global digital payment solutions provider Checkout.com has entered a strategic partnership with du Pay, one of the UAE’s fintech platforms focused on advancing financial inclusion and accessibility. This collab enables du Pay to leverage Checkout.com’s robust and scalable payments infrastructure to deliver “high performance payments and… Read More

Fifth Third Bancorp Bolsters Crypto Strategy as Regulatory Guidelines Become Clearer

Fifth Third Bancorp (NASDAQ: FITB), a U.S. regional bank headquartered in Cincinnati, is increasing its focus on cryptocurrency and digital assets, leveraging five years of exploration to expand its offerings. With over $200 billion in assets and primary oversight from the Office of the Comptroller… Read More

Infosys Expands Norwegian Bank Partnership

Infosys (NYSE: INFY) has announced an expansion of its strategic collaboration with DNB Bank ASA  (DNB), Norway’s largest bank, to accelerate its digital transformation. The collaboration will leverage Infosys’ services, solutions, and platforms, including the Infosys Finacle platform, to accelerate their IT modernization journey, improve… Read More

Canadian Fintech Nuvei Joins European Payments Initiative (EPI)

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Nuvei, the Canadian fintech company, announces its membership in the European Payments Initiative (EPI), reportedly becoming one of the payment services providers to enable ecommerce businesses to accept Wero, EPI’s digital wallet, in their online checkouts. Wero facilitates instant account-to-account (A2A) transfers using SEPA Instant… Read More

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