Fintech PR
Corvallis and Finastra extend partnership to help Italian banks accelerate their instant payments offerings
The partnership will fast-track the modernization of IT infrastructures and adoption of real-time payments ahead of the EU’s mandatory transition to instant credit transfers
LONDON, Sept. 25, 2023 /PRNewswire/ — Finastra, a global provider of financial software applications and marketplaces, today announced its extended partnership with Corvallis, Tinexta Group, a leading IT services provider in the Italian financial services sector, to support Italian banks with their payment transformation journeys. The collaboration extends the scope from Finastra’s SaaS digital banking solution, Essence, to include Finastra Payments To Go, an end-to-end SaaS payment processing solution, and Global PAYplus, a functionally-rich payment hub solution. By facilitating SEPA and international payments, Italian banks can comply with the upcoming European instant payments regulation and modernize outdated and complex IT infrastructures.
“Our partnership supports the imminent entry into force of the European regulation on instant bank transfers in euros, which will make instant payments mandatory without additional costs,” said Giampietro Vavassori, Business Solution Director at Corvallis. “This requires a radical overhaul of current, often temporary solutions that are not suited to support the expected increase in instant payments transfers, which will gradually replace ordinary transfers. As payments have evolved, the introduction of additional application modules and integration layers have led to complex, layered and difficult to manage architectures. Finastra’s payments solutions help to simplify this complexity by eliminating existing legacy payments silos, streamlining processes and enabling access to new market opportunities.”
Payments To Go is an end-to-end SaaS payment processing solution that enables banks to fast-track their instant payments services rollout and deliver flexible digital payment offerings faster and more efficiently. Global PAYplus offers a broad suite of payments services spanning high-value, mass and real-time payments in a single solution, based on microservices and an ISO 20022 native data model. Corvallis has extensive implementation expertise and offers complementary solutions, such as for anti-money laundering (AML), payment and settlement and fraud management.
“Extending our partnership with Corvallis demonstrates our mutual commitment to equipping Italian banks with the right tools to embrace the modern age,” said Merten Slominsky, Managing Director EMEA, Payments at Finastra. “With our evergreen solutions that enable seamless integrations with third party services through APIs, Corvallis’ customers can pursue ongoing payments innovation and adapt quickly to new regulatory and customer demands. The collaboration combines technological innovation with extensive industry and regional expertise, driven by a common vision of enabling the future of payments.”
About Finastra
Finastra is a global provider of financial software applications and marketplaces, and launched the leading open platform for innovation, FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing award-winning software solutions and services across Lending, Payments, Treasury & Capital Markets and Universal Banking (Retail, Digital and Commercial Banking) for banks to support direct banking relationships and grow through indirect channels, such as embedded finance and Banking as a Service. Its pioneering approach and commitment to open finance and collaboration is why it is trusted by over 8,000 institutions, including 45 of the world’s top 50 banks. For more information, visit finastra.com
About TinextaCyber SpA
TinextaCyber (Tinexta Group) is the Italian cybersecurity hub with strong vertical skills and proprietary custom solutions for digital security risks mitigation and governance. With Italy based services and in compliance with EU data residency, data protection and GDPR regulations, the company assists customers with specialized assessment and advisory activities. It lays out the design, development and integration of solutions, also taking care of their monitoring and management.
The company operates through its subsidiaries Corvallis, Swascan and Yoroi. In particular, Corvallis boasts extensive experience as a provider of high-value and tailor-made solutions for large-scale projects, not limited to financial companies. Swascan, a cybersecurity excellence center in the Italian landscape, is a trusted reference point for IT security, incident management, and regulatory compliance, especially for SMEs. Yoroi provides adaptive and dynamic integrated cyber defense systems to those seeking to prevent risks or reduce damage from potential cyberattacks.
Through the Cyber Hub, these three companies guarantee the client’s security with solutions for the mitigation and governance of the risks deriving from cyber-attacks, making companies increasingly competitive.
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View original content:https://www.prnewswire.co.uk/news-releases/corvallis-and-finastra-extend-partnership-to-help-italian-banks-accelerate-their-instant-payments-offerings-301937212.html
Fintech PR
Introducing Best Wallet – Where Users Can Access Bitcoin And Other Cryptocurrencies Easily and Securely
NEW YORK, Nov. 19, 2024 /PRNewswire/ — Best Web3 Inc. introduces Best Wallet, an easy-to-use crypto wallet that allows users to seamlessly buy, swap, receive, and sell cryptocurrencies like Bitcoin, Ethereum, Solana, and USDT.
Best Wallet supports thousands of cryptocurrencies on 50+ major blockchains, making it the best place for crypto users to access and manage their assets.
By pairing a simple, easy-to-use interface with enhanced features and the latest cutting-edge security measures, Best Wallet is the perfect place to start or elevate the crypto journey.
Benefit from simplified sign-up and wallet creation, powerful multi-wallet management, a curated crypto project directory, and many more sleek features.
Best Wallet is also a fully non-custodial crypto wallet, meaning users are in complete control of all their crypto assets. This means no one can freeze the funds, halt withdrawals, or access the account holder’s crypto without explicit permission.
Having already acquired more than 1,000,000 trusting customers, Best Wallet has completed its soft launch in style. Best Wallet aims to revolutionize the Web3 portfolio experience with exclusive offers and advanced tools.
The platform is powered by the $BEST token, which is currently in its ICO phase, exclusively through the ‘Upcoming Tokens’ feature in the Best Wallet app.
Best Wallet Features
Buy and sell Bitcoin and other cryptocurrencies:
Best Wallet has partnered with trusted third-party payment providers, to provide secure and easy access to Bitcoin and other cryptocurrencies within the Best Bitcoin Wallet.
Use it as a multi-chain crypto wallet:
Best Wallet offers multi-chain interoperability, meaning app users can transfer tokens between blockchains. Want to swap ETH for SOL? No problem – do so quickly and cheaply with Best Wallet.
Secure and easy to use:
Fully non-custodial, multi-chain wallet. No KYC is needed to create an account or use Best Wallet. Secured by Web3Auth.
Browse and buy new tokens with the Upcoming Tokens tab:
Explore and buy the newest and hottest tokens. Best Wallet provides our users with the most up-to-date information on the hottest upcoming tokens, allowing users to buy early and securely in-app.
Import existing wallets and create new wallets:
Import existing wallets and create new wallets, including a Best Bitcoin Wallet. Seamlessly manage all wallets within the decentralized Best Wallet app.
Best DEX:
Best DEX is the native decentralized exchange of the Best Wallet ecosystem that allows users to swap their crypto within the Best Wallet app and on the official website.
Best Wallet Roadmap
Portfolio Management (coming soon):
Best Wallet provides market-leading crypto portfolio management, allowing app users to track real-time profit or loss with quick views of purchase prices and current values. Label, order, and search for easy management of funds.
Market Insights (coming soon):
Best Wallet monitors market movements, providing real-time updates and data on price movements, token sentiment, industry news, and key crypto events.
Best Card (coming soon):
Best Card is a crypto debit card that will allow app users to seamlessly spend their cryptocurrency holdings in Best Wallet on real-world transactions, similar to a traditional debit card.
Best Wallet can be downloaded today: Google Play or Apple App Store.
About Best Wallet
Best Wallet is a user-friendly, feature-rich crypto wallet designed to meet basic wallet needs while offering advanced integrated features.
Catering to both crypto veterans and newcomers, Best Wallet breaks down barriers to Web3 adoption. It offers a range of knowledge resources – from simple guides to in-depth technical support.
Best Wallet streamlines the process by enabling users to conduct most of their transactions in a single, secure, decentralized space, combining features that facilitate smarter trading.
Become an early adopter and enjoy exclusive access to premium features and reduced fees. To stay updated on the latest Best Wallet developments, join the community on X and Discord.
Contact: Gary McFarlane, [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/introducing-best-wallet–where-users-can-access-bitcoin-and-other-cryptocurrencies-easily-and-securely-302310506.html
Fintech
Fintech Pulse: Milestones, Partnerships, and Transformations in Fintech
The fintech sector continues its relentless drive toward innovation and market dominance. Today’s highlights include a record-breaking customer milestone for Revolut, groundbreaking fintech solutions for women in the EU, open entries for the PayTech Awards 2025, implications of political shifts on funding, and notable recognition at the US FinTech Awards.
Revolut Hits 50 Million Customers: A Global Fintech Giant’s Milestone
Source: Revolut
Revolut, the UK-based financial super app, has achieved a monumental feat: surpassing 50 million customers worldwide. This milestone underscores its position as a leader in the global fintech landscape, furthering its ambition to create the world’s first truly global bank.
Key to this success has been Revolut’s strategy of expanding its offerings, from banking to travel and crypto services, all within a seamless user experience. The company’s recent ventures into emerging markets such as Latin America and Asia demonstrate its intent to bridge financial services gaps while retaining competitive differentiation through technology.
This milestone is not just a triumph for Revolut but a signal of fintech’s capacity to redefine traditional banking. It reinforces the narrative that digital-first strategies, customer-centric innovation, and international scalability can challenge long-standing financial institutions.
PayTech Awards 2025: Celebrating Excellence in Innovation
Source: FinTech Futures
The PayTech Awards 2025 are officially open for entries, promising to spotlight the brightest minds and most innovative projects in the payment technology sector. These awards are a testament to the industry’s commitment to advancing secure, seamless, and scalable payment systems.
This year, the focus is on emerging technologies that redefine how businesses and consumers interact financially. Categories will recognize achievements across multiple domains, including sustainability in payments, AI-driven solutions, and partnerships that push boundaries.
As fintech companies prepare their entries, the awards provide a timely reminder of the sector’s ongoing evolution and the collaborative efforts required to achieve meaningful breakthroughs.
U.S. Politics and the Fintech Sector: A New Era of Funding?
Source: American Banker
The U.S. fintech sector might witness an infusion of optimism as speculation about a second Trump presidency gains momentum. The Trump-era policies of deregulation and venture capital encouragement are remembered as catalysts for unprecedented fintech growth during his first term.
While it remains uncertain how regulatory landscapes will shift, the possibility of a more relaxed approach toward fintech compliance could rejuvenate funding inflows. Investors and startups alike are watching closely, weighing the potential benefits against long-term risks tied to reduced oversight.
A politically charged backdrop often spells volatility, but for fintech, it may also spell opportunity. Preparing to adapt quickly will be crucial for startups and established players in the face of any regulatory pivot.
Klara AI and Unlimit: Addressing the €1.3 Trillion Female Economy
Source: FF News
Klara AI has teamed up with Unlimit to launch a fintech solution aimed at empowering women across the EU. This collaboration targets the €1.3 trillion female economy by addressing the unique financial needs of women entrepreneurs and consumers.
The solution promises to integrate AI-powered tools with streamlined financial management services, enabling users to access credit, manage investments, and scale businesses effectively. By tailoring services to the underserved female demographic, the partnership hopes to drive financial inclusion and support economic growth.
This initiative stands as a blueprint for fintechs exploring niche markets, proving that innovation tailored to specific segments can yield transformative results.
Autire: Accounting Tech of the Year at US FinTech Awards
Source: Business Wire
Autire, a rising star in financial technology, has been crowned ‘Accounting Tech of the Year’ at the US FinTech Awards 2024. The award recognizes Autire’s ability to blend cutting-edge AI with intuitive user interfaces, delivering unparalleled accounting solutions for businesses of all sizes.
Autire’s platform has gained traction for automating complex accounting tasks, ensuring compliance, and delivering actionable insights through real-time analytics. Its emphasis on reducing administrative burdens for SMEs has been particularly impactful, enabling entrepreneurs to focus on growth rather than bookkeeping.
The recognition not only cements Autire’s reputation but also highlights the role of AI-driven accounting solutions in reshaping business operations globally.
Final Thoughts: A Fintech Revolution in Full Swing
From customer milestones to policy-driven opportunities, the fintech ecosystem is in constant evolution. Revolut’s ascent to 50 million users signals growing consumer trust in digital platforms. The PayTech Awards continue to inspire innovation, while political shifts could redefine the regulatory landscape. Initiatives like Klara AI and Unlimit emphasize the power of targeted solutions, and companies like Autire show how niche technologies can achieve broad impact.
The next phase of fintech growth will likely hinge on inclusivity, adaptability, and innovation—pillars that today’s news stories exemplify.
The post Fintech Pulse: Milestones, Partnerships, and Transformations in Fintech appeared first on .
Fintech PR
DIGITAL NEWS PLATFORM MONIIFY TO DELIVER BUSINESS AND FINANCE CONTENT FOR MILLENNIALS AND GEN-Z IN EMERGING MARKETS
Founded by serial entrepreneur Naguib Sawiris, MONIIFY aims to empower the next generation of entrepreneurs and investors to make smarter money moves by providing insights and analysis on high-potential regions and sectors, including tech, AI, cryptocurrency, and energy.
DUBAI, UAE, Nov. 19, 2024 /PRNewswire/ — MONIIFY (moniify.com), a digital news platform for Zillennials, founded by businessman and entrepreneur Naguib Sawiris, will launch on November 26, 2024.
Set to become the go-to platform for entrepreneurs, investors and professionals hungry for knowledge, wealth, and financial freedom in the world’s fastest-growing economies, MONIIFY will provide fresh, bold and insightful business and finance news content.
Based in the UAE and with a global outlook, MONIIFY will spotlight emerging markets with a focus on the industries driving the future – from tech and AI to crypto and energy. Covering everything from the GCC’s tech-driven initiatives to the rapid growth in Southeast Asia and India’s dynamic economy, MONIIFY is designed to keep the next generation of leaders ahead of the game.
“Young people today need more than traditional business and finance news. MONIIFY speaks directly to the next generation of entrepreneurs, in their language, on the platforms they want,” says Chairman and renowned businessman, Naguib Sawiris. “Young people always ask me ‘what is the secret to success?’ – that is my motivation for MONIIFY, to be the formula for them to achieve their dreams.”
Dr Yaser Bishr, Advisor to the Chairman, leading the launch of MONIIFY echoes this, “Western media giants view emerging markets through a Western lens. Emerging markets, home to over 4.3 billion people with a median age of 34, have their own unique stories to tell. These markets accounted for 50.1% of global GDP in 2023 and a staggering 66.7% of global GDP growth over the past decade. MONIIFY is here to change the narrative – a platform by Zillennials, for Zillennials..”
Uncover the next big thing from emerging markets first
From daily essential updates on the latest in crypto and tech markets to breaking down investment trends and business opportunities and in-depth conversations with some of the most successful and influential entrepreneurs, MONIIFY will provide exclusive access to the strategies behind success. The platform will feature Zillennial-friendly formats, including short videos, explainers, and deep-dive interviews. A masterclass series will unlock access to the biggest names in business sharing their blueprint for success.. MONIIFY’s newsroom will exclusively cover crypto, markets, tech and wealth in emerging markets, led by an accomplished team of international business journalists.
“We have brought together the best media talent from international markets as well as emerging markets who believe strongly in the MONIIFY movement, and who represent our brand,” says CEO, Michael Peters, former CEO of Euronews.
MONIIFY Creators, brings together trusted voices in financial content, including Eisa AlHabib (UAE), Uptin Saiidi (USA), Anushka Rathod (India), Felicia Putri Tjiasaka (Indonesia), Osamah Essam El-Din (Saudi Arabia), and Sara & Aaron Wee aka The Weeblings (Singapore).
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CONTACT: Burson (PR Agency); [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/digital-news-platform-moniify-to-deliver-business-and-finance-content-for-millennials-and-gen-z-in-emerging-markets-302310199.html
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