Financing
Al Ansari Financial Services Buys BFC Group Holdings For $200 Million To Boost GCC Operations
Al Ansari Financial Services has entered into a Sales and Purchase Agreement to acquire 100 percent of BFC Group Holdings W.L.L. (BFCGH). This prominent foreign exchange and remittance group, based in Bahrain, will be purchased for US$200 million (AED735...
Banking
DeepBrain AI Launches Intelligent Generative AI Bank Tellers at Shinhan Bank in Korea
DeepBrain AI, a pioneering generative AI company, is proud to announce the launch of the latest iteration of its AI Bank Teller complete with next-generation machine learning. Developed in collaboration with Shinhan Bank, this deep learning technology aims to...
Financing
Wolters Kluwer acquires accountancy portfolio of European cloud workflow automation and data exchange solutions
Wolters Kluwer Tax & Accounting announces that it has signed an agreement with Belgian fintech company Isabel Group to acquire its accountancy portfolio of cloud-based financial workflow and data exchange solutions for €325 million in cash.
CodaBox, ClearFacts, Clearnox, Zoomit,...
Cards & Payments
Paysafe partners with Alchemy Pay to expand its customers payment options
Paysafe, a global payments platform announced a new partnership with Alchemy Pay, a leading fiat-crypto payment solution provider. In the deal’s first phase, Alchemy Pay has integrated with Paysafe to strengthen its solution for crypto exchanges, Web3 companies and...
Banking
Cashfree Payments obtains RBI’s Payment Aggregator Cross-Border (PA-CB) licence
Cashfree Payments, India’s payments and API banking company has announced that it has received the Reserve Bank of India’s Payment Aggregator license for cross-border payments for both imports and exports.
This approval allows the company to extend its cross-border payment...
Financing
Hellenic Bank signs agreement to acquire CNP Cyprus
Cypriot lender Hellenic Bank has signed an agreement to acquire insurance provider CNP Cyprus, according to an announcement made by the bank. The announcement stated that the consultation between CNP Assurances and its European Works Council has been completed, paving...
Insurance
Martin & Company partners Coherent to expedite insurance product development
Martin & Company has joined forces with software-as-a-service company Coherent to accelerate the insurance product development process.
This collaboration aims to increase the speed to market for insurance companies by leveraging advanced technology solutions.
By integrating Martin & Company’s consulting services...
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