Partnerships in digital banking, identity management, and payments lead off the fintech news headlines as July begins in earnest. Be sure to check back all week long for updates and fresh announcements on the latest industry happenings.
Payments
AFFIN Bank turns to ACI Worldwide to modernize payments for businesses in Malaysia.
Dispute management and collections specialist Fintegrate Technology launches new image and data conversion suite, FusionLRS.
E-money institution Outpayce chooses Mambu to launch its multi-currency digital wallet for travel payments.
Cross River Bank teams up with MassPay to broaden access to domestic instant payments.
Yuno forges strategic partnership with BBVA Group digital payments company, Openpay.
Cross-border payments solutions company dLocal announces strategic partnership with Wakanow Group.
Payments infrastructure solution for software companies Payabli secures $20 million in Series A funding.
Instant payments solutions company Zimpler announced a new technical partnership with Swedish payments app, Swish.
Lending
ClearScore secures $4.4 million (£3.4 million) in funding from Fair4All Finance to develop debt consolidation loan technology for the financially vulnerable.
Ireland’s CreditLogic raises $3.8 million (EUR 3.5 million) from Riverside Acceleration Capital (RAC).
Crypto / DeFi / Web3
Crypto payments company Kulipa partners with cryptocurrency wallet provider Argent and Mastercard to launch its new crypto-based payment card.
MoonPay and Mesh ink an exclusive partnership to ease the process of depositing and transferring crypto from exchanges.
Swiss layer-1 blockchain Shardeum partners with Web3 security services platform Immunefi to launch bug bounty program.
Fraud and identity management
Fraud prevention specialist GBG unveils its KYB solution, GBG Detected.
Germany’s IDnow unveils a pair of new e-signature solutions, InstantSign and eID eSign.
NatWest partners with digital identity identity solutions provider OneID.
iDenfy and UAE-based SIMPal forge strategic partnership to enhance security in the telecom industry.
Insurtech
AutoRek partners with JP Morgan Payments to enhance premium processing for insurance companies.
Digital banking
U.K.-based digital bank and BaaS platform Griffin receives B Corp certification.
First Federal Bank of Kansas turns to Jack Henry for its hosted core processing solution.
Financial services company Ethos teams up with Thought Machine to provide Shariah-compliant banking solutions.
Digital banking experience platform Plumery forges strategic partnership with core banking provider Fimple.
South Africa’s Tyme Bank appoints new CEO Karl Westvig.
Capital markets
Enterprise platform for data automation Duco launches its reconciliation capability for unstructured data.
Credit
U.K.-based consumer credit fintech Fairlo secures B Corp certification.
Investing and wealth management
Brokerage-as-a-service platform lemon.markets raises $13 million in funding from CommerzVentures, Heliad, and existing investors.