Truist Financial Corporation has announced the appointment of Charles Alston as Head of its newly formed Nonprofit Hospitals, Higher Education, and Government (HHG) banking team. The move underscores Truist’s commitment to deepening its reach in specialized sectors and delivering tailored solutions to nonprofit and public-sector clients across the U.S.
Jingle Pay, a fast-growing digital financial services platform active in the Middle East and South Asia, has announced a strategic collaboration with global money transfer leader Western Union. The partnership will focus on enhancing international remittance services from select markets to bank accounts and mobile wallets worldwide, expanding access and speed for millions of users relying on cross-border financial support.
PingPong, a pioneer in cross-border embedded payment solutions, has introduced InvestXB, an advanced infrastructure platform tailored for alternative investment managers, administrators, and corporate solution providers operating in Luxembourg. Since establishing a presence in Luxembourg in 2017, PingPong has expanded its capabilities to support global investors and assets efficiently and compliantly.
Peymo Ltd, a UK-based fintech innovator, has officially launched the world’s first AI-powered multi-hybrid digital bank. This revolutionary platform unifies fiat banking, crypto wallets, tokenised assets, and embedded finance into one seamless system, aimed at both individual users and enterprise clients. By blending AI and modular banking architecture, Peymo redefines what modern banking can look like.
Managing global partner programs often requires juggling numerous tools and processes. From tracking deals and calculating commissions to handling global payments and ensuring tax compliance, the complexities are vast. Enter the powerful new integration between Mindmatrix and Tipalti—a joint solution that unifies PRM (Partner Relationship Management) and commission automation under one roof, bringing efficiency, accuracy, and scale to channel operations.
Farsight, the fast-growing technology company reshaping how financial institutions operate, today announced a $16 million Series A funding round. The raise, led by SignalFire with participation from RRE Ventures, Link Ventures, K5 Ventures, and strategic angel investors from major financial institutions, marks a pivotal step in Farsight’s mission to eliminate inefficiencies and empower high-value decision-making in finance.
In a bold leap for digital transformation in finance, FlowX.AI has introduced FlowX.AI 5, a groundbreaking evolution in enterprise AI designed to revolutionize banking modernization. Built for speed, security, and scalability, the platform enables continuous innovation—without the cost, disruption, or limitations of legacy system overhauls.
FTX Recovery Trust and FTX Digital Markets Ltd. (FTX DM) have entered into an agreement with Payoneer, a global fintech company, to serve as a new distribution service provider to help process recoveries for customers under the approved FTX Chapter 11 Plan of Reorganization and the Bahamian liquidation process. Distributions through Payoneer will begin after May 30, 2025.
Wealthbox, the top-rated CRM platform for financial advisors, has announced a $200 million majority investment from Sixth Street Growth, signaling a major inflection point for the company as it scales product development, AI innovation, and enterprise adoption
Covius Services, LLC, a prominent provider of tech-driven financial solutions, has signed a definitive agreement to acquire Title365 Holding Co. from Blend Labs, Inc. This strategic acquisition marks a significant milestone in Covius’ growth, expanding its capabilities across the mortgage lifecycle, particularly in title insurance and settlement services
