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This Week in Fintech: TFT Bi-Weekly News Roundup 03/08

Welcome to The Fintech Times Bi-Weekly News Roundup on Thursday 03 August 2023.

Partnerships

Crypto tax and accounting platform, Ledgible announced a partnership with DigiShares, a white-label tokenization platform provider,  to deliver subscriber investment, trade, and distribution data to the Ledgible platform.

Alma Health has signed its first insurance agreement in the Kingdom of Saudi Arabia with Arabian Shield, a cooperative insurance vompany which is regulated by the Saudi Central Bank. As part of this partnership, Arabian Shield’s insured members will now have access to a premium end-to-end digital healthcare experience.

Wire Network, cross-chain infrastructure provider, has partnered with global computing network CPUcoin to open up a new digital frontier by offering enterprise-grade edge computation with lower cost and higher efficiencies than any other cloud service provider.

GTreasury, a treasury, payments, and risk management software provider, and Convera, the largest non-bank global B2B payments provider, announced a partnership to offer an integrated payments service on GTreasury’s treasury management system (TMS) software.

partnerships roundup

Additional partnerships

Revolut, the global financial super app with more than 30 million customers worldwide, has partnered with the charity match Game4Ukraine, which will take place on August 5th at Stamford Bridge Stadium in London The match aims to raise funds for the reconstruction of a Ukrainian school.

IoT, AI and Cloud company, e& enterprise announced its partnership with data management company Informatica. The partnership aims to empower government entities and private corporations in the UAE by leveraging the power of data to enhance operational efficiency and drive digital transformation efforts.

Industry updates

Conotoxia Fintech launches new “accept payments” feature that makes every day settlements much easier, allowing its tech’s users to send other people links to pay for a joint purchases such as a meals out or collecting funds for gifts.

e& money, the fintech arm of e& group, announced the launch of the e& money card, a digital first card for the UAE market promoting financial inclusivity and advancing the vision of fostering a cashless economy.

The European Commission’s Anti-Fraud Office (OLAF) has agreed a deal worth €34million with Moody’s Analytics to be the exclusive provider of company information and data, in order to better fight fraud and money laundering.

fintech appointments

Appointments

POPcodes, an international provider of innovative value-added solutions for the merchant services industry, announced the appointment of Andy Tierney as head of sales to guide the company’s expanding sales efforts.

Kristen Hecht takes the rope as the new deputy chief compliance officer (CCO) and global money laundering reporting officer for Binance.

Multi-asset fintech provider Capex, announced the appointment of Paul Turner as the new executive director – UAE & MENA region. With over a decade of experience in the financial services industry, Turner brings a wealth of expertise to lead and enhance Capex’s operations across the Middle East.

Wealth.com, an estate planning platform, appointed Tyrone Ross, chief executive officer and co-founder of Turnqey Labs, Inc., as its inaugural strategic advisor. Ross will be instrumental in guiding the firm’s product roadmap.

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