Tagged: digitalization

June 10, 2025 @ 11:17 am By Omar Faridi  |  

Mambu, a core cloud banking platform, and Avenga, a system integrator, have successfully migrated Marginalen Bank, an innovative digital bank in Sweden from its legacy core to Mambu in just 13 months achieving rapid time to market “for its new consumer and business deposits and… Read More

June 8, 2025 @ 5:11 pm By Omar Faridi  |  

Sumsub  announces its Travel Rule SDK solution is now available for crypto, Fintech, and iGaming businesses. It is designed to be easily incorporated directly into client apps, “enabling companies to automate compliance checks and verify sender/recipient information in real time to ensure Travel Rule compliance.”… Read More

June 6, 2025 @ 8:15 am By Omar Faridi  |  

TransferMate, the world’s provider of embedded B2B payments infrastructure as a service (IaaS), announced a partnership with Deutsche Bank. The partnership will see TransferMate work with Deutsche Bank in various countries, “enabling TransferMate to provide in-country collections, cross border payments, and the ability to store… Read More

June 3, 2025 @ 10:08 pm By Omar Faridi  |  

The European Central Bank (ECB) has made significant strides in 2025 to bolster financial stability, advance the digital euro initiative, and address consumer expectations in the Eurozone. Recent updates highlight the ECB’s proactive measures to navigate a complex geopolitical landscape, foster private-sector collaboration for a… Read More

June 3, 2025 @ 8:24 am By Omar Faridi  |  

Ant International announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong. The service will support treasury management “with real-time, always-on HKD and USD payments between corporate wallets held by a corporate client at HSBC Hong Kong.” The Tokenised Deposit… Read More

June 1, 2025 @ 12:45 pm By Omar Faridi  |  

The global economy is navigating a period of uncertainty, marked by trade policy shocks, technological disruptions, and demographic shifts. Recent reports and announcements from the World Economic Forum (WEF) highlight critical trends shaping the future, from economic growth challenges to organizational governance changes and strategies… Read More

May 31, 2025 @ 5:21 pm By Omar Faridi  |  

Xero, the global small business platform, released a report with New Zealand Institute of Economic Research (NZIER) projecting the productivity gains Kiwi small and medium size enterprises (SMEs) stand to gain through accelerated digitalization. Productivity is the biggest long-run “determinant of wages and living standards,… Read More

May 30, 2025 @ 3:36 pm By Omar Faridi  |  

In the face of ongoing economic uncertainties and looming tariff concerns, the e-commerce enablement sector experienced a significant resurgence in venture capital (VC) dealmaking during the first quarter of 2025. According to a recent PitchBook report, Q1 2025 marked the sector’s most active period since… Read More

May 23, 2025 @ 4:26 pm By Omar Faridi  |  

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Bank of Sydney (BoS), announced the bank’s decision to select the Infosys Finacle Digital Banking Suite to power its transformation. Through this strategic collaboration, Bank of Sydney aims to “deliver a best-in-class staff and… Read More

May 14, 2025 @ 8:33 am By Omar Faridi  |  

InnBucks MicroBank Limited, a financial services provider, has announced a partnership with cloud-native banking platform Mambu, as part of its transformation from a digital wallet solution to a fully integrated digital bank. This partnership is set to support InnBucks’ growth, and lays a foundation for… Read More

May 14, 2025 @ 2:12 am By Omar Faridi  |  

Global fintech platform Pine Labs and India’s private sector J&K Bank, seek to enhance credit issuance in India by introducing a tech-first RuPay Credit Card for the bank’s customers. The RuPay Credit Card can also be “linked to UPI for seamless credit transactions.” Developed using… Read More

May 7, 2025 @ 4:57 pm By Omar Faridi  |  

SIFMA and Arteria AI announced a partnership to provide all US Treasury clearing participants a data-driven documentation platform to streamline and scale the onboarding, legal compliance, and operational systems integration with “respect to the mandated central clearing of US Treasury securities repurchase transactions, as required… Read More

May 7, 2025 @ 7:54 am By Omar Faridi  |  

BigCommerce (Nasdaq: BIGC), a provider of “open, composable” commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, announced that Klarna, the AI-powered payments and commerce network, has become a global preferred payments partner. As a global partner, Klarna will bring its “interest-free” payment… Read More

May 2, 2025 @ 4:45 pm By Omar Faridi  |  

New research released by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. This would effectively add one percentage “point to annual growth rates – on par with the growth increment the… Read More

May 2, 2025 @ 6:43 am By Omar Faridi  |  

Regtech HYPR, the Identity Assurance Company, announced a significant acceleration of its global growth strategy with the opening of a new European Center of Excellence in Belgrade, Serbia. This second physical office will amplify the company’s capacity to serve its rapidly expanding worldwide customer base… Read More

April 24, 2025 @ 4:10 am By Omar Faridi  |  

Real-time bank account verification from LSEG Risk Intelligence, a service provider focused on compliance, risk and fraud prevention solutions, is now available directly within Docusign’s eSignature product. The offering, accessible through Docusign’s Third-Party App Marketplace, will provide “benefits to US customers of Docusign and LSEG… Read More

April 20, 2025 @ 9:52 pm By Omar Faridi  |  

Swift announced the launch of an enhanced solution for managing payment investigations that could save the financial industry millions and significantly reduce the time it takes to “identify and resolve issues when international payments are delayed.” Financial institutions spend more than $1.6 billion each year… Read More

April 19, 2025 @ 3:52 pm By Omar Faridi  |  

Regtech company Sumsub has partnered with Volt, the global real-time payments platform. In this new open banking partnership, Volt will power Sumsub’s Penny Drop Verification flow, which involves “an end user being directed to their banking app after scanning their identity document.” Once a user… Read More

April 9, 2025 @ 9:29 pm By Omar Faridi  |  

The Worldcoin Foundation has introduced an enhancement to its community grants program that will aim to streamline the application process and provide more opportunities for innovation from community builders worldwide. Instead of its wave-based structure, the Worldcoin Foundation explains in a blog post that it… Read More

April 3, 2025 @ 2:20 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, today announced a digital collateral management platform. Collateral is an essential risk mitigation tool “that helps support overall financial stability.” DTCC also noted that as the markets grow… Read More