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/retail

Revolut hits 50 million customer milestone

Revolut, the global financial technology company and licensed European bank, has today announced that it has hit 50 million customers globally, with 10 million in the UK.

/payments

Navro acquires Foreign Money Services Business registration in Canada

Navro — the pioneering fintech firm formerly known as Paytrix that simplifies global payments for international businesses — today announces that it has acquired a Foreign Money Services Business (FMSB) registration in Canada.

/payments

LTIMindtree extends contract with Nexi

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, today announced a contract extension with Nexi Group, a leading European PayTech provider.

/retail

Hejaz launches Australia-first halal investment app

Islamic financial services provider Hejaz has launched Australia’s first-ever halal financial app to finally provide Australia’s growing Muslim community with convenient and simple access to a broad range of Shariah-compliant financial products and services.

/ai

Eighty percent of asset and wealth managers say AI will fuel revenue growth

Four-fifths (80%) of asset and wealth management (AWM) organisations say disruptive technologies such as AI will fuel revenue growth, with those moving quickly to adopt 'tech-as-a-service' potentially seeing a 12% boost to revenues by 2028, according to PwC analysis.

/wholesale

Tarabut & Geidea sign MoU for SME financing in Saudi Arabia

Tarabut, the MENA region’s leading, regulated open banking platform, and Geidea, Saudi Arabia’s leading payments solutions provider, have entered a strategic partnership to explore and potentially develop tailored SME financing solutions, subject to regulatory approvals.

/payments

City Bank revamps e-commerce acquiring business with Compass Plus Technologies

City Bank, one of Bangladesh's leading financial institutions, has successfully migrated its e-commerce acquiring business to a cutting-edge payment gateway from Compass Plus Technologies.

/payments

TBC Uzbekistan opens inhouse payment processing centre

TBC Uzbekistan, the leading digital banking ecosystem in Central Asia, unveils its own payments processing centre.

/sustainable

Tandem Bank to offset 100% of operational emissions with the help of Climate Impact Partners

Tandem Bank is making another bold move in the fight against climate change, working with Climate Impact Partners to offset 100% of its operational Scope 3 carbon emissions for 2023.

/markets

BMLL adds US equity options data

BMLL, the leading, independent provider of harmonised, historical Level 3, 2 and 1 data and analytics across global equity, ETFs and futures markets, today announced the addition of OPRA (Options Price Reporting Authority) data to its ever-expanding data coverage.

/payments

Paymentology inks deal with Mexican digital bank albo

Paymentology, the leading global issuer processor, announces a strategic partnership with Mexico’s leading digital bank, albo, aimed at accelerating the fintech’s growth and strengthening its market position across personal and business finance.

/retail

Amundi acquires Axigo

Amundi announces the acquisition of aixigo, a technology company that has developed a high value-added modular service offering for distributors of savings solutions.