Cloud

GuavaPay’s Founder Resigns Amid Mastercard Court Battle

Founder steps down as legal issues with Mastercard escalate.Highlights: GuavaPay founder resigns due to court case with Mastercard.Mastercard initiates legal action against GuavaPay.The situation raises concerns for GuavaPay's future....

Mastercard Challenges Guavapay as Founder Resigns

Guavapay's legal battle with Mastercard unfolds amid leadership changes.Highlights: Guavapay founder resigns amid ongoing lawsuit with Mastercard.Mastercard has...

Zepz Expands Business by Acquiring Pomelo International

The acquisition aims to diversify Zepz's services beyond remittances.Highlights: Zepz acquires Pomelo International to diversify offerings.The deal aims...

Mal Raises $230M to Launch AI-Powered Islamic Digital Bank

Innovative banking aims to integrate AI with Islamic finance principles.Highlights: Mal raises $230 million for an AI-focused Islamic...

UK Government Appoints AI Champions, Strengthening Tech Leadership

Starling's CIO and Lloyd's AI Chief Named Key Figures in AI DevelopmentHighlights: Starling CIO and Lloyds AI Chief...
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CloudPay secures $120m funding round led by Blue Owl Capital

Funding Details:CloudPay secured $120 million in a funding round led by Blue Owl Capital, with additional participation from previous investors Hollyport Capital,...

National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai

Partnership for Digital Upgrade:NBF has partnered with iGTB to upgrade its digital banking capabilities by adopting iGTB’s open finance platform, eMACH.ai.eMACH.ai...

NCR Voyix agrees to sell digital banking unit to Veritas Capital for $2.45bn

Sale Agreement: NCR Voyix has entered into a definitive agreement to sell its cloud-based digital banking business to private equity firm Veritas Capital...

Shawbrook taps nCino for automated SME loan origination

Purpose: Shawbrook Bank has chosen nCino’s platform to automate loan origination and portfolio management processes. Functionality: The platform will automate complex lending processes,...

Octo3 merges with fintech solutions provider Evantagesoft to launch new FTS.Money brand in Asia

Octo3 and Evantagesoft (EVS) Merge to Form FTS.Money Key Points:Merger and New Brand:Companies Involved: Payment infrastructure firm Octo3 and banking technology solutions provider...

Alt.bank in Brazil migrates novücard credit card infrastructure to Visa’s Pismo

Alt.bank Migrates novücard Credit Card to Pismo's Core Banking Platform Key Points:Migration Details:Fintech: Brazilian fintech alt.bank. Product: novücard credit card. New Platform: Migrated...

Fortis buys NetSuite payments division of MerchantE

Fortis Acquires MerchantE’s NetSuite Payments Division Key Highlights:Acquisition Overview:Acquirer: Fortis Acquired Entity: MerchantE’s NetSuite payments division Acquisition Sum: UndisclosedAbout MerchantE’s NetSuite Payments...

First Global Bank in Jamaica partners Profile Software for digital Finuevo Suite

Summary of First Global Bank's Partnership with Profile SoftwarePartnership Details:Entities Involved: First Global Bank (FGB) and Profile Software. Objective: Implementation of Profile...

America First Credit Union taps Loquat for small business onboarding solution

America First Credit Union Partners with Loquat Inc for Enhanced Onboarding Experience: Key PointsPartnership Announcement:America First Credit Union, the fifth-largest credit union...
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