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Ukheshe acquires EFT International

In a significant move for the African fintech ecosystem, Ukheshe International has acquired 100% of EFT Corporation Limited (EFTCorp) from parent Loita Transaction Services (LXS), a pan-African payment solutions and financial switching provider.

/retail

Intellect opens AI innovation centre in India

Intellect Design Arena Ltd, a cloud-native, future-ready, multi-product Financial Technology company for the world’s leading banking and insurance clients, proudly announces the inauguration of its cutting-edge Artificial Intelligence (AI) led innovation centre in GIFT CITY, an epic centre of Global Finance and IT.

/security

Fingerprints releases reusable enrollment device for biometric payment cards

World-leading biometrics company Fingerprint Cards AB (Fingerprints™) today announces the launch of Smart´Nroll, a simple and reusable enrollment device for biometric payment cards.

/startups

FinTech Wales welcomes Starling Bank as latest Partner

FinTech Wales, the independent members association and champion of the Fintech and Financial Services industry in Wales, has welcomed Starling Bank as the latest organisation to become a Partner to empower Wales as a globally recognised hub of fintech excellence.

/startups

Plug and Play and Visa select 21 startups for accelerator programme

Plug and Play, the world’s largest global innovation platform, and Visa announced today the selection of 21 cutting-edge startups to participate in the Visa Inclusive Fintech Accelerator.

/payments

Plum launches Spend Tracker for smarter budgeting

Plum, the smart money app, has added a new Spend Tracker to help customers with their budgeting plans.

/retail

Nova Credit and Creditinfo provide credit scores for displaced Ukrainians

Nova Credit, the leading cross-border and alternative credit analytics company, has announced a strategic collaboration with Creditinfo, a global service provider for credit information and risk management solutions, to help Ukrainians gain access to the necessary financial services needed to effectively rebuild their lives abroad.

/retail

Visa closes Pismo acquisition

Visa (NYSE:V) today announced it has completed its acquisition of Pismo – a global cloud-native issuer processing and core banking platform.

/payments

DMI snaps up ZestMoney platform

The DMI Group (“DMI”) today announced the acquisition of the ZestMoney platform (“Zest”). DMI Finance, the NBFC arm of DMI, will be a preferred lender on the Zest platform.

/startups

Sella Group Venture Incubator finalises an investment in Lendit

The Sella group Venture Incubator has finalized an investment in Lendit, thanks to the Seed Venture platform allowing to manage contracts through the issuance of tokens

/retail

Nationwide branch network to provide shelter for abuse victims

Nationwide – the largest branch network of any UK banking brand - will offer safe spaces to people experiencing domestic abuse across more than 400 branches across the UK.

/retail

MPowered Mortgages offers cashback on home loans

MPowered Mortgages, the prime residential mortgage lender using technology to speed up the mortgage process, has today launched cashback of 0.30% on all loan sizes up to £1.5 million.

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