UK’s Smart Pension and Wahed Introduce Diversified Workplace Pension

Smart Pension, one of the UK’s workplace pension providers, and Wahed, an Islamic digital investment platform, have launched a new diversified workplace pension, the Halal Workplace Pension. The collaboration meets the unmet demand for modern, Shariah-compliant workplace pensions from Muslim employers and “among the UK’s… Read More

Vencora UK Announces Acquisition of CREALOGIX Holding AG

Vencora UK Ltd announced the settlement of its public tender offer for all publicly held registered shares of CREALOGIX Holding AG with “a nominal value of CHF 8.00 each. The Offer was completed successfully on February 21, 2024.” The acquisition of CREALOGIX “is expected to… Read More

Apple BNPL Users Will Have their Payment History Reported to Experian

Apple (NASDAQ:AAPL) released a buy now pay later (BNPL) product a year ago. Expectations are for a more extended credit option to appear soon as Apple continues its ongoing expansion into financial services. Today, Experian has shared that Apple BNPL users will now have their… Read More

Fintech Platform Backbase and Alacriti to Enable Instant Payment Solutions for FIs

Backbase says that Alacriti, a cloud-based payments and money services provider, will integrate its payments hub solution into the Backbase Engagement Banking Platform. Through this partnership, Backbase clients will be “able to offer instant payment capabilities to their customers. Backbase, leveraging Alacriti’s Orbipay Payments Hub, will… Read More

Chatter: Treasury Prime Laying Off Staff, Company to “Double Down” on Bank Direct Approach

Treasury Prime, an embedded banking provider, is said to be laying off staff, according to a blog post. Today, the company has issued a statement outlining that it will shift its efforts to regulated banks. Jason Mikula, posting on LinkedIn,  claims that Treasury Prime has… Read More

Rimes Investment Management Platform Matrix Selected by Sit Investment Associates

Rimes is pleased to announce that Sit Investment Associates has selected its Matrix investment management platform as a crucial part of a firm-wide modernization program. With some $15 billion assets under management (AuM) in the United States, Sit Investment Associates is reportedly “one of the… Read More

Swiss Fintech Klarpay Launches Entrepreneur Accounts

Klarpay, a Swiss financial institution, has launched a new service called Entrepreneur Accounts, a tailored financial solution designed exclusively for Business Founders, UBOs, and Senior Management members who already hold accounts with Klarpay. Recognizing the intrinsic link between entrepreneurs and their businesses, Klarpay is committed… Read More

Lithuania’s Šiaulių Bankas Selects Temenos to Enhance Core Banking Platform

Temenos (SIX: TEMN) announced that Šiaulių Bankas, which claims to be the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos to modernize its core banking platform. Šiaulių Bankas will migrate its retail and corporate banking “including trade finance to… Read More

Marqeta Partners with AffiniPay on SMB Credit Card

Marqeta (NASDAQ: MQ) has announced a new partnership with AffiniPay. The credit card platform says it will power AffiniPay’s LawPay Visa SMB credit card embedded within its MyCase platform, The card is said to be the first in the industry that helps law firms pay,… Read More

United Fintech Acquires Investments from BNP Paribas and Citi

BNP Paribas (EPA: BNP) and Citi (NYSE:C) have become the first institutional investors in United Fintech Group Limited, a neutral Digital Transformation Platform, as part of a strategic investment round led by Citi. United Fintech is also in advanced talks “with other leading strategic investors… Read More

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