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Kuwait’s Boubyan Bank selects Temenos to modernise tech stack

Temenos today announced that Boubyan Bank, the second largest Islamic bank in Kuwait, has selected Temenos to modernize its core banking systems.

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ThinCats secures £75m mezzanine facility

A leading alternative lender, ThinCats secures £75m mezzanine facility from CPPIB Credit Investments Inc, a subsidiary of Canada Pension Plan Investment Board (CPP Investments), unlocking additional capital to support the UK mid-sized SMEs.

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Mansa launches trade finance and cross-border payments for emerging markets

Mansa, the pioneering decentralised finance (DeFi) fintech providing liquidity to multinational exports and cross-border payments for companies in emerging markets, today announced the launch of its first pool on Base.

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Iress sells UK mortgage business

Iress (IRE: ASX) today announces it has completed the sale of its UK Mortgage Sales & Originations (“Mortgages”) business to Bain Capital Tech Opportunities LP (“Bain Capital”).

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Emtech unveils compliance software

Award-winning software provider, Emtech has announced a new software product called Beyond Compliance, to help Financial Service Providers (FSPs) automate and manage regulatory compliance in one place.

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Pay.UK names David Morris COO

Pay.UK, the independent, not-for-profit operator of the UK’s national retail payments systems, including Faster Payments, Bacs and Direct Debit, has announced the appointment of David Morris to the newly created role of Chief Operating Officer (COO).

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European Artificial Intelligence Act comes into force

Today, the European Artificial Intelligence Act (AI Act), the world's first comprehensive regulation on artificial intelligence, enters into force.

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Finastra inks collaboration pact with Tech Mahindra

Tech Mahindra, (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, has announced a strategic partnership with Finastra, a global provider of financial software applications and marketplaces, to help corporate banks accelerate their digital transformation journeys.

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Deutsche Bank develops sustainability-linked payables finance programme for BASF

Deutsche Bank has launched BASF’s first sustainability-linked payables finance program in Asia, with a focus on its operations in China.

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Jonathon Traer-Clark appointed head of Americas for Barclays transaction banking

Barclays announced the appointment of Jonathon Traer-Clark as Head of Americas for Barclays Global Transaction Banking (GTB) business.

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Judopay adds Cashflows Advance to platform

Cashflows, the platform that makes it easy for merchants to accept payments, has today announced that its flexible, fixed-fee business funding solution, Cashflows Advance, has been added to the payments platform provider Judopay’s offering.

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UAE’s National Pulse invests in Singapore fintech Aleta Planet

National Pulse, a Dubai-based company focused on tech-driven businesses, has invested in fast-growing Singapore fintech Aleta Planet to provide cross-border payment services for businesses in the Middle East.

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