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Tech Mahindra joins JPMorgan's Payments System Integrator Program

Tech Mahindra J.P. Morgan Payments partnership supports global enterprises in upgrading ERP systems and modernizing payment infrastructure.

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Xelix secures $160 million Series B to advance agentic AIinnovation in accounts payable

Xelix, a leading agentic AI software company in the Accounts Payable (AP) space, today announced a $160 million Series B funding round led by global software investor Insight Partners, with follow-on investments from Passion Capital and LocalGlobe.

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Accenture acquires Malysia-based bank consultancy firm Aristal

Accenture (NYSE: ACN) has acquired Aristal, a Malaysia-based consulting and digital transformation firm with deep expertise in financial services—marking Accenture’s first banking-focused acquisition in the country.

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Finova appoints Gareth Richardson from Thought Machine as new CEO

Finova, the UK’s largest cloud-based mortgage and savings software provider, has today announced the appointment of Gareth Richardson as its new Chief Executive Officer (CEO).

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CLS unveils redesigned CLSClearedFX service; LCH first CCP to go live

CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces a redesign of its CLSClearedFX service, with LCH ForexClear as the first central counterparty (CCP) to go live on the service.

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TMF Group to broaden access to cross-border payments via Ibos network

TMF Group, a leading global provider of administrative and corporate services, and IBOS Association (IBOS), an international banking network, today announced a strategic partnership to enhance cross-border services and broaden international market access for clients.

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Mifundo and Crif unite to create Swiss credit information network

Mifundo, the fintech building Europe's unified cross-border credit data platform, today announced a strategic partnership with CRIF Switzerland, the leading Swiss provider of credit risk management solutions.

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Transcend names former Citi exec Sandeep Arora COO

Transcend, a leading provider of innovative liquidity, funding, and collateral optimization solutions, has appointed Sandeep Arora as Chief Operating Officer.

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LHV becomes first UK bank to join RT1 platform directly

LHV Bank SEPA Instant participation begins as it becomes the first UK bank to join the RT1 platform directly.

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SEB to adopt new custody platform from S&P Global

SEB is collaborating with S&P Global to adopt their cloud-based platform for custody operations across the Nordic region.

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MTN completes first transaction using JPMorgan's new Electronic Bill of Exchange offering

Mobile Technology Network South Africa (Pty) Ltd. (MTN SA), a major mobile telecommunications provider, has successfully completed the first transaction using J.P. Morgan’s new Electronic Bill of Exchange (eBoE) offering – marking a pivotal step in the digitization of global trade finance.

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Fintech Scotland sets out operational resiliance challenge

Operational Resilience UK is the focus of a new fintech innovation challenge uniting major financial institutions, regulators, and academia.

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