Software

Peach Payments acquires custom software development firm Operativa

Digital payments service provider Peach Payments has acquired customer software development firm Operativa as a going concern. The acquisition was the first by Peach Payments since closing a €29M/US$30M funding round, led by the Apis Growth Fund II,...

AI solution creates up to 90% time savings in software development

The journey of creating software is long, complex, fragmented and involves dozens of separate tools. Embedded Artificial Intelligence solutions can streamline this process. In pilot projects with Latin American tier 1 banks GFT’s AI...

Majid Al Futtaim expands partnership with Checkout.com to revolutionise e-commerce for its more than 15 million monthly online customers across the Middle East  

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced a new partnership with Checkout.com, a leading global digital payments provider. The agreement will see the 15 million...

Mutua Madrileña adopts Red Hat Ansible Automation Platform to manage its automation and observability strategy

Red Hat, a leading provider of open-source solutions, has announced that leading Spanish insurance group, Mutua Madrileña, has used Event-Driven Ansible in Red Hat Ansible Automation Platform as part of its automation strategy. The solution manages...

14Peaks closes inaugural US$30 million fund to power software start-ups in FinTech  

Venture capital firm, 14Peaks Capital, has successfully closed its first fund at US$30 million in capital commitments from an impressive consortium of limited partners, consisting of influential high net worth individuals and family offices spanning Europe...

Zilch selects AWS to accelerate AI innovation

Zilch, the world’s first ad-subsidised payments network (ASPN), has extended its collaboration with cloud provider Amazon Web Services (AWS) to accelerate the rollout of AI innovation across the Zilch proposition. Zilch will continue to use AWS AI and...

Banque Internationale à Luxembourg goes live with Temenos to modernise core banking and payments

Banque Internationale à Luxembourg standardises its retail, corporate and private banking operations on Temenos banking platform to increase agility and optimise resources. Temenos has announced that Banque Internationale à Luxembourg (BIL),...

Cash versus digital: The challenge for merchants

Visa unveiled the results of an independent study titled Value of Acceptance, which explores merchants’ attitudes towards digital payments and the impact of digital commerce on small businesses and retailers in the UAE. According to the study, more...

MoneyGram Haas F1 Team selects EY to implement Microsoft Dynamics solution 

MoneyGram Haas F1 Team has selected EY to implement its Microsoft Dynamics 365 Finance and Supply Chain solution.   EY will provide consulting services to support Haas adopt a greater system functionality through the Microsoft Dynamics platform....

Cambridge-based deep tech start-up Theia Insights raises US$6.5 million to bring foundational AI to the global investment community 

Theia Insights, a UK-based deep tech start-up launched by former Amazon Alexa scientist and solo entrepreneur Dr Ye Tian, has raised US$6.5 million. In another example of US venture capital looking to the UK for the most innovative technology companies, the...

Finastra selects OpenFin to unlock advanced user experiences for Kondor customers

Banks can accelerate their treasury transformation by seamlessly interacting with Finastra’s trading and risk management tools, and fintech partner ecosystem, via a web browser or desktop app. Finastra, a global provider of financial software...

Jefferson Bank expands partnership with Finastra to boost its instant payments strategy 

Finastra has announced that Jefferson Bank, an independent, bank serving communities across Texas, has selected Finastra Payments To Go, a payments-as-a-service solution for its new instant payments services. The agile, resilient, cloud-based payments...