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Jeton Partners Sumsub to Provide Smooth Customer Onboarding
Jeton has partnered with Sumsub to create a better onboarding experience for its 1M+ users across 100 countries. Sumsub, a global tech company with 5 international offices, helps businesses easily verify users and steer clear of fraud while ensuring full compliance with shifting regulations.
Jeton Wallet is a payment company registered in the UK. Jeton users can deposit and withdraw funds with country-specific payment options, easily making online payments using over 70 payment methods in 50 currencies. Jeton also allows merchants to provide a seamless checkout experience with local payment methods.
“We are a global e-Wallet company, and we need a Document verification solution to scale up to new markets while staying compliant. Sumsub is our choice since it’s leveraging machine learning and AI technology to automate and accelerate the verification process, boost conversion and reduce costs. They offer us a sophisticated and scalable identity verification solution that’s fully integrated with the company’s AML/KYC policies at fair prices, allowing us to keep costs down while safeguarding the company from fraudulent activities”, – comments Saaly Temirkanov, CEO of Jeton.
“Partnering with Jeton speaks volumes since we work toward the same goal of building a more inclusive financial future for people, empowering them to use online payments and services freely and safely. The digital identity verification and AML compliance solutions that Sumsub provides play a big role in reaching this goal,” – says Andrew Sever, Co-Founder and CEO of Sumsub.
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Incore Invest Completes the Acquisition of CoreOrchestration and Establishes PaymentIQ as a Standalone Company
Private equity firm Incore Invest has completed the acquisition of CoreOrchestration AB from Worldline. Upon closing, the previously announced carve-out has now been finalised and PaymentIQ has been established as an independent standalone company under Incore Invest’s ownership. The purchase price amounts to approximately SEK 1.75 billion.
J. Safra Sarasin Group Completes the Acquisition of Majority Stake in Saxo Bank
Safra Sarasin Group, a global leader in private banking and wealth management, has completed its acquisition of the majority stake in Saxo Bank, a prominent international FinTech bank serving investors, traders, and institutional partners. This transaction marks a significant milestone for both companies, enabling enhanced global potential and strategic growth.
Happy Money Introduces Partner-Branded Program to Help Credit Unions Drive Lending and Membership Growth
Happy Money, a leading consumer finance company dedicated to empowering people to achieve their goals through responsible lending, today announced the launch of its Partner-Branded Program, which includes partner-branded marketing and embedded delivery capabilities. This program enables financial institutions to offer personal loans to their members and reach new borrowers using the strength of their brand, while Happy Money manages marketing and the full lending lifecycle end-to-end.
N26 Announces Changes in Supervisory Board
Today, the investors of N26 decided on a change in the composition of its Supervisory Board. With immediate effect, Stefan Ermisch, an expert of the European banking sector, has been elected as a new Supervisory Board member of N26. As usual, his appointment is subject to approval by the German banking supervisory authority. Ermisch succeeds Peter Kleinschmidt, who steps down from the Board with immediate effect.
Eltropy Launches Industry’s First Agentic AI Platform for Credit Unions
Eltropy, the trusted leader in unified conversations, today launched the industry’s first Agentic AI platform for credit unions. The platform provides a safe environment where AI agents can be created, governed, integrated, and deployed. It unites the three key stakeholders of the credit union ecosystem:
ThetaRay and Matrix USA Solve AML’s Last-Mile Problem with a Turnkey AI Overlay to Modernize Legacy Rules Engines
ThetaRay, a global leader in Cognitive AI financial crime compliance, and Matrix USA, a premier global service integrator of anti-money laundering (AML), financial crime and compliance systems, today announced a strategic partnership designed to help financial institutions modernize their transaction monitoring programs ahead of major supervisory shifts coming into effect across the U.S. and Europe in 2026.
Revolut Research Highlights Opportunity to Elevate Financial Wellbeing in the UAE
Revolut suggests a significant opportunity to support residents with advanced money management tools and financial wellbeing solutions in the UAE
Why Trust Is the New Payments Differentiator | Payment Spayce | Sagicor Bank | The Paytech Show #85
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Pleo: Solving SMBs’ “Frankenstein” Finance Problem
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Bajaj Life Insurance Launches ‘Bajaj Life Opportunities Fund’, Capturing the Growth Opportunities
Bajaj Life Insurance, one of India’s leading private life insurers, today announced the launch of its New Fund Offer (NFO), the Bajaj Life Opportunities Fund (SFIN: ULIF011406/02/26BLOPNLC250116, Risk profile: Very High, Benchmark: Nifty Large Midcap 250). The fund is designed to provide investors with a strategic edge by combining the steady compounding potential of large-cap stocks with the higher growth potential of mid-cap companies. Available under Bajaj Life’s unit-linked insurance plans, the fund enables policyholders to pursue their long-term financial goals while benefiting from the dual advantage of life cover and professionally managed equity exposure.
Incore Invest Completes the Acquisition of CoreOrchestration and Establishes PaymentIQ as a Standalone Company
Private equity firm Incore Invest has completed the acquisition of CoreOrchestration AB from Worldline. Upon closing, the previously announced carve-out has now been finalised and PaymentIQ has been established as an independent standalone company under Incore Invest’s ownership. The purchase price amounts to approximately SEK 1.75 billion.
Sverica Capital Management Announces the Promotions of Michael Dougherty to Partner, Doug Patrican to Principal and Welcomes Matt Johnson
Sverica Capital Management, a leading growth-oriented private equity firm focused on the lower middle market, announced today the promotions of Michael Dougherty to Partner, Doug Patrican to Principal, and the hiring of Matt Johnson as a Principal.
J. Safra Sarasin Group Completes the Acquisition of Majority Stake in Saxo Bank
Safra Sarasin Group, a global leader in private banking and wealth management, has completed its acquisition of the majority stake in Saxo Bank, a prominent international FinTech bank serving investors, traders, and institutional partners. This transaction marks a significant milestone for both companies, enabling enhanced global potential and strategic growth.
CeFPro Advisory Board Appoints Escode GRC Solutions Lead Wayne Scott as Third-party Scrutiny Intensifies
CeFPro has appointed Escode’s Wayne Scott to its Advisory Board, as regulators step up scrutiny of operational resilience and third party risk across financial services.