Banking-as-a-service

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Monument Technology grows leadership team

Monument Technology, the cloud based, end-to-end Banking-Platform-as-a-Service (BPaaS) provider, is pleased to announce the appointments of Diptesh Mishra as Chief Technology Officer (CTO) and Nick Lawler as Chief Commercial Officer (CCO).

/retail

Audax Financial Technology and Jeel forge BaaS partnership

Jeel, the digital innovation arm of Riyad Bank, and audax Financial Technology (“audax”), a comprehensive digital banking technology solutions provider backed by Standard Chartered, have entered into a strategic partnership aimed at revolutionising the digital banking landscape in Saudi Arabia.

/payments

CardFlight secures WestView Capital Partners inestment

CardFlight (or the “Company”), a leading SaaS payment technology company, announced today that it has received a significant minority investment from WestView Capital Partners (“WestView”), a Boston-based growth equity firm focused on partnering with middle-market companies.

/payments

Kotapay unveils BaaS platform

Kotapay, a division of First International Bank & Trust (FIBT), today announces the launch of Kavinu, a direct-to-bank banking-as-a-service (BaaS) platform.

/payments

Zenus bank taps Tuum for Banking-as-a-Service platform

Tuum, a next-generation core banking provider, is proud to announce that Zenus Bank has successfully gone live with Tuum’s Accounts and Payments modules integrated seamlessly with their proprietary technology and existing vendors.

/security

Treezor secures PCI DSS certification for card issuing

Treezor, the leader in Banking -as-a-Service, became one of the first BaaS providers to obtain PCI DSS certification for card issuing.

/people

Temenos appoints chief tech officer

Temenos today announced the appointment of Barb Morgan, as Chief Product and Technology Officer.

/payments

Jack Henry and Victor Technologies partner on embedded payments platform

Jack Henry (Nasdaq: JKHY) announces the expansion of its collaboration with Victor Technologies, Inc., a subsidiary of MVB Edge Ventures, Inc. and part of MVB Bank, Inc.

/retail

Helios leads $100m Series D for M2P Fintech

Helios Investment Partners (“Helios”), the largest Africa-focused private investment firm, has led a $100m Series D funding round of primary and secondary share capital in M2P Fintech (“M2P”), a regional fast-growing full stack Banking as a Service (BaaS) and Infrastructure API provider that caters to the banking, fintech and non-financial services sectors.

/inclusion

Fibabanka launches Turkey's first BaaS offering

Fibabanka, a leading player in Türkiye’s banking sector, has launched the country’s first Baking as a Service (BaaS) model through an innovative collaboration with GetirFinans, which received a total of $70 million in investment last year at a valuation of $250 million.

/payments

NymCard extends BaaS reach with Mastercard Move

NymCard, a leading Banking-as-a-Service (BaaS) provider, has joined forces with Mastercard to offer fast global money transfers to its customers from the UAE to 47 countries through one secure connection.

/payments

Intergiro releases no-code white-label app platform

Swedish Banking as a Service provider, Intergiro, has today announced the launch of its no-code white-label app platform. Designed to meet the rising demand for quick market entry and streamlined development of digital banking applications, the platform enables businesses to deploy fully branded mobile banking apps in a matter of days, without the need for technical expertise.

/startups

Accenture invests in SaaS fintech Emtech

Accenture (NYSE: ACN) announced that it has invested in EMTECH, a global financial technology company that provides software-as-a-service platforms to help central banks streamline, connect and modernize their processes and operations.

/startups

Griffin opens up BaaS platform to UK fintechs

Griffin, the UK’s leading bank for fintechs, today announced it is opening its platform up to UK fintechs as it concludes its early access programme, Foundations.

/Banking-as-a-service

DriveWealth appoints Venu Palaparthi COO

DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, announced today the hiring of Venu Palaparthi as its new Chief Operating Officer.

/retail

HDFC partners Zeta for Credit Line on UPI

Zeta, a provider of next-gen banking technology to financial institutions globally, today announced its partnership with HDFC Bank to power its Credit Line on UPI (CLOU) offerings.

/wholesale

Mbanq BaaS platform integrates with credit decisioning tech from SMEApprove

Global banking technology and Banking-as-a-Service (BaaS) provider, Mbanq, announces its partnership with SMEApprove, a leading provider of Credit Decisioning-as-a-Service (CDaaS) to organizations that lend to the small and medium-sized enterprise (SME) sector.

/payments

Unlimit and Unicâmbio join forces

Unlimit, a leading global fintech company, has today announced the partnership of its Banking-as-a-Service (BaaS) platform with financial services provider Unicâmbio, the oldest and largest foreign exchange bureau in Portugal and the foreign exchange agent of Western Union.

/regulation

TransPecos Bank selects Oscilar AML risk platform for BaaS offering

TransPecos Banks, an innovative Texas-based community bank, has selected Oscilar’s innovative AI-Powered AML Risk Platform to transform its compliance and risk management capabilities. This strategic partnership will leverage the latest technology to capitalize on growth opportunities in TransPecos Banks’ fintech programs while ensuring robust regulatory compliance.

/security

AmInvestment Bank taps Broadridge for securities finance solution

To transform and expand their prime brokerage business lines and as part of its broader efforts to add and enhance value for its clientele, AmInvestment Bank, a company in the Ambank Group and one of the largest banking groups in Malaysia, has deployed global Fintech leader Broadridge Financial Solutions, Inc.‘s (NYSE: BR) Securities Finance and Collateral Management platform to enable their Securities Borrowing and Lending product offerings.

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