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Fime and imark Enhance Nepal’s Financial Ecosystem With EMV® L3 Testing
Fime has advanced its collaboration with imark to provide local EMV®* Level 3 test services in Nepal. Together, the companies will support the nation’s rapidly expanding financial ecosystem by providing local testing and consultancy services to issuers and acquirers. This enhanced offer will give Nepalese payment stakeholders the ability to validate the integration of their payment acceptance terminals at a reduced cost and time to market.
Ram Dhungana, CEO at imark, comments: “For the past 17 years, we have worked closely with banks and leading financial institutions to innovate and upgrade their payments infrastructure. By working with a trusted partner like Fime, we can now provide the financial ecosystem with access to state-of-the-art test tools and consultancy that enfranchises innovation without compromising on security.”
“imark is an esteemed partner, and through our work with them Fime is committed to supporting the evolution and digitalization of payments in Nepal with world-class testing and certification services,” adds Angaj Bhandari, VP IMEA at Fime. “With nearly two decades’ experience supporting financial stakeholders in Nepal, imark’s local heritage combined with our worldwide expertise will bring enhanced innovation to the financial ecosystem.”
By providing L3 consulting, certification, card and mobile personalization validation (CPV) and the requisite test tools, the two organizations are helping local banks to prevent costly production issues and delays in certification processes. This latest partnership extends the international reach of Fime’s Level 3 services.
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EXCLUSIVE: “Raising the Phoenix” – Ad van der Poel, HSBC Innovation Banking in ‘The Fintech Magazine’
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The Cumberland Building Society Announces New CEO
The Cumberland Building Society has announced that Stuart Miller will take on the role as its new Chief Executive Officer, subject to regulatory approval.
Creditspring Outperforms Industry on Complaints, Satisfaction, and Trust
Creditspring, the subscription-based lender on a mission to improve financial stability across the UK has reaffirmed its commitment to transparency, fairness, and member support by achieving outstanding results across customer satisfaction metrics, complaints handling, and independent reviews.
Prometeo Unveils Agentic Banking: Enabling AI‑Driven Autonomous Financial Infrastructure
Prometeo, the leading fintech infrastructure provider connecting global corporations with financial institutions across Latin America and the United States, today announced the launch of its Agentic Banking solution: a transformative infrastructure layer that enables large language models (LLMs) and other artificial intelligence agents to operate real-world financial actions autonomously.
PayCaptain and ClearBank Partner To Deliver Real-Time Payroll Payments and Embedded Savings Accounts
ClearBank, the enabler of real-time clearing and embedded banking, today announces its partnership with innovative payroll software platform PayCaptain, powering real-time salary payments for more than 50,000 employees across its network of over 300 corporate clients.
Equifax Launches Free Monthly Credit Score To Help Consumers More Easily Monitor Financial Health
Equifax UK has launched Equifax Basic, a new and improved way for consumers to monitor their financial health and better understand their credit history. The new Equifax Basic account refreshes a user’s Equifax Credit Score on a monthly basis and will also include access to their statutory credit report.
SmartSearch Acquires Credas, Accelerating UK Growth in Digital KYC & AML Compliance
SmartSearch has agreed to acquire Credas Technologies Ltd, a leading provider of identity verification solutions for the legal and property sectors. This strategic acquisition, subject to regulatory approval, enhances SmartSearch’s position as one of the UK’s foremost digital Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance platforms.