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Lowell Enhances Its Debt Collection Operations With a New Three-Year SaaS Partnership Extension With Tietoevry Banking
Lowell, one of the largest credit management companies in Europe, has signed a 3-year extension of its contract with Tietoevry Banking for Collection Suite Nova, the market leading end-to-end collection solution driving growth.
The new contract ensures continued use of Collection Suite Nova delivered as Software as a Service (SaaS) from Tietoevry’s private cloud. The agreement covers service in Sweden.
The transition to a SaaS model has enabled Lowell to streamline their operations and focus more on their core business. Lowell benefits from a compliant solution that enables scalability and supports business growth through this delivery. Additionally, Lowell has improved their time to market for new functionalities, client onboarding and revised offerings.
“We are happy to have a stable solution that allows us to work efficiently and serve customers better. Incidents are resolved quickly, and we are very satisfied with our experience,” says Juha Wilkman, Nordic CIO, Lowell.
As part of the SaaS agreement, Lowell is always on the latest release of Collection Suite Nova and continuously has access to all new functionalities and improvements on the platform. The debt collection solution upgrades will be done without any interruption to Lowell’s business.
“We are proud of our successful partnership with Lowell providing a solution that enhances their debt collection operations. This showcases the promise of our SaaS offering – enabling customers to focus on their core business and their own customers,” says Pär Johansson, Head of Credit and Wealth at Tietoevry Banking.
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Burst Raises $3m to Help Retailers Maximize FSA/HSA Spend While Lowering Consumer Health Costs
Burst (formerly Float), the healthcare payments platform that helps retailers and wellness brands unlock billions in untapped FSA and HSA spending, today announced it has raised $3 million in total funding, including a $2.1 million seed round led by Pear VC with participation from XX. The capital will accelerate product development and fuel partnerships with retailers, e-commerce brands, and plan administrators looking to capture more health spending.
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FinTech Australia is calling on the Federal Government, as part of its 2026–27 Pre-Budget Submission, to broaden its procurement pipeline to better include fintechs and small and medium businesses. In addition, to recalibrate existing funding mechanisms – including venture capital tax concessions, superannuation settings and the Research and Development Tax Incentive – to create stronger, more predictable funding pathways for emerging fintechs.
TransUnion CIBIL and State Bank of India’s YONO App Collaborate to Integrate CIBIL Score and Report Into Everyday Digital Banking
TransUnion CIBIL, India’s leading credit information company, today announced the integration of the consumer CIBIL Score and Report into State Bank of India’s (SBI) You Only Need One (YONO) app. Seamless incorporation of the score and report allows the bank’s customers to securely access and monitor their CIBIL Score and wider credit information when they use the app. The integration also includes report analysis, ‘Frequently Asked Questions’ and gamified learning to understand the credit score process. In addition, the CIBIL Score Simulator feature in the app will help customers simulate different credit scenarios such as opening or closing loan accounts and credit cards, late payments, clearance of credit card dues, new enquiries among others, to assess and understand the implications for their CIBIL Score.
Google on Building Secure Foundations for Fintech Growth
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Tabadulat & Minted Connect Sign Strategic Collaboration to Enable Shariah-Compliant Gold-Backed Investments
Tabadulat Limited (Tabadulat), the UAE-based Shariah-compliant investing and brokerage platform regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), and Minted Connect FZCO (Minted Connect), a DMCC-authorised precious metals as a service and digital assets company, today announced the signing of a strategic collaboration to provide institutional access to Shariah-compliant, gold-backed investment instruments.
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TransferMate, the world’s leading provider of embedded B2B payments infrastructure, has completed a full global rollout of Vivox AI’s trusted, explainable AI agents as its new Know Your Business (KYB) automation platform.
IG Launches Integrated Campaign to Reposition Platform for a New Generation of Switched-on Investors
Investing and trading platform, IG, has unveiled a new integrated UK marketing campaign as part of its broader brand repositioning, aimed at redefining how the FTSE 250 fintech engages today’s digitally native, self-directed investors.