Page 537 - Execution News Today

Major Japanese banks and tech firms have banded together on a metaverse infrastructure project that will, among other things, provide payments, authentication, and insurance services for users across platforms.

The Bank of Israel has issued a framework providing international payment service providers access to regulated payment systems in Israel.

Colt Technology Services, the digital infrastructure company, today announced new software-driven connectivity in three countries, expanding its longstanding collaboration with Equinix, Inc (Nasdaq: EQIX).

Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced today that it has acquired Aylien, a Dublin-based leader in natural language processing (NLP) and advanced AI to empower its customers to collect, analyze, and understand unstructured text data.

Tazapay, a Singapore-based cross-border payments provider, has partnered with leading global real-time payments gateway Volt to add open banking to its growing stack of payment offerings, as it accelerates its international growth plans across the UK and Europe.

The Asia-Pacific (APAC) region has emerged as a significant hub for startups in the financial technology (fintech) industry over the past few years, with increasing number of venture capitalists (VCs) investing in the space.

While Klarna posts eye-popping losses of $1 billion for 2022, US BNPL rival Sezzle exits the year on a profitable note, reporting a 16% jump in total income to $38.3 million.

Tietoevry has completed a major systems’ upgrade for Chip Card, member of Payten, one of the leading payments processors in the Republic of Serbia.

Today, First Fidelity Bank (FFB) a 100-year-old community bank headquartered in Oklahoma City, announced the launch of its next-gen Banking as a Service (BaaS) solution.

Financial Plus Credit Union, a $1.2B credit union with 11 branches across Michigan, today announced a partnership with Mantl, a leading provider of account origination solutions, to improve its member experience and back-office automation.