India’s PayU selects Thought Machine’s Vault Core to power LazyPay credit service
Thought Machine says PayU was able to migrate LazyPay to Vault Core in just 12 months.
Thought Machine says PayU was able to migrate LazyPay to Vault Core in just 12 months.
The implementation builds on an agreement previously announced by the pair last year.
The credit union has signed for the vendor’s online account opening and online loan application product suite.
Reuters reports that the deal could potentially value Onfido at around $650 million.
ID Finance claims the financing marks its “largest ever financing round” to date.
Dancerace says its tech will make it easier for Aussie businesses with unpaid invoices “to receive their cash faster”.
The move is a continuation of Indian PM Narendra Modi’s vision of “taking UPI global”.
Old Mutual will leverage 10x’s core banking tech to “serve those who have bank accounts but are severely underserved”.
CBK projects that the collaboration will “significantly enhance” its payment operations and continued shift to digital.
The software will support the origination of mortgages for high-net-worth borrowers.
The banking group says the partnership will enhance its compliance efficiency.
Cover story: PLANT LIFE – Talking flora and quantum computing.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The app-based offering launched this week with account and lending services.
The proposed platform is set to arrive in the summer, along with a new client mobile app in Q2.
The move comes as part of a £1 million investment by Offa to upgrade its IT systems.
The deal will enable YouLend to provide additional revenue-based financing to SMEs.
TBOM will tap i2c to enable its fintech clients to build “unique configurations of digital-first financial services”.
Ardshinbank will also integrate the vendor’s tech to strengthen its retail mobile app.
The bank will utilise the vendor’s core agnostic enterprise dashboard and analytics platform, KlariVis Advantage.
The bank will also utilise Azentio’s financial crime management and anti-money laundering (AML) system.
The largest credit union in the US will leverage four different Oracle solutions to boost automation and efficiency.
The Tampa-headquartered credit union claims to operate 70,000 surcharge-free ATMs across the US.
Informatica says the solution provides an “enterprise-wide, 360-degree view of customers”.
Unmissable sponsorship opportunities – digital and physical – at the upcoming PayTech Awards on 28 June.
The bank will utilise Oracle’s core banking, payments, trade finance, treasury and corporate lending applications.
Our guests on the Demystify podcast this week are Adam Moulson, Griffin’s COO, and Garrett Foxon, CEO of Lettspay.
The bank is set to replace its homegrown Maarvel core system with Flexcube.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
UPI has been recognised as a key accelerant in the real-time availability of financial services in India.
The prestigious PayTech Awards 2024 invites payments professionals to apply to join the esteemed panel of judges.
The group is migrating from Finastra’s Equation core to its cloud-based Essence solution.
The credit union hopes Alkami’s digital platform will help it grow its retail and business portfolio.
Tbricks is the US-headquartered fintech’s principal trading and market making solution.
The pair states that it has migrated over 500,000 cards, 1,200 POS terminals and almost 300 ATMs.
The new joint venture, Commerz Globalpay, is expected to launch in H1 2024 and will be based in Frankfurt.
JP Morgan Chase bought WePay back in 2017 in a $400 million deal in a push to compete with Stripe.
The bank will adopt the Revio platform to tap customer expansion opportunities.
Staples has previously served as global head of HSBC’s BaaS and embedded finance proposition.
Our pick of the top fintech news stories this week includes Zilo, Ant Group, FirstOntario and more.