Yedpay and Mastercard introduce the ‘One Touch’ payment solution

Deal
AGS Transact Technologies winning order to supply 1,350 ATMs to SBI
The order includes deploying ‘AGS-branded ATMs across India in the current fiscal year. The deal is expected to boost revenue in AGS’s Banking Automation Solutions segment. Read More>>

Partnerships
Finastra wins transaction banking contract with CQUR Bank
CQUR Bank collaborated with Finastra to enhance its technology strategy, focusing on upgrading the online banking portal for corporate clients. The partnership aims to deliver greater connectivity, faster onboarding, and sophisticated trade finance services, leveraging Finastra’s market-leading solutions. Read More>>
Yedpay and Mastercard introduce the ‘One Touch’ payment solution
The collaboration leverages Tap on Phone technology, enabling credit card payments through mobile phones and eliminating the need for traditional POS machines. Read More>>
JMMB Money Transfer partners with MoneyGram for outbound service
The collaboration expands options JMMB Money Transfer aims to explore further opportunities with MoneyGram, introduce prepaid cards, and expand its suite of payment services for clients. Read More>>

Centre Setup and Expansion
F&M Bank opens regional headquarters in Fort Wayne, Indiana
The new Headquarter brings F&M’s total office network to 37 locations across Ohio, Indiana, and Michigan. The new facility offers comprehensive financial services, online banking, and digital solutions. Read More>>
Valley National Bank finalizes headquarters project in Morristown
Valley National Bank completed its new headquarters in Morristown, New Jersey, bringing over 600 professionals to the dynamic downtown area. The building features 120,000 sqft of office space. The move aligns with Valley’s growth from a community bank to a regional bank, emphasizing its commitment to being relationship-driven. Read More>>

Merger and Acquisition
Intesa Sanpaolo expands into Romania with First Bank acquisition
The deal is set to be completed in H1 2024. The strategic move aligns with the bank’s focus on organic growth, profitability stimulation, and leveraging value opportunities in regions like Central and Eastern Europe. Read More>>

Executive Movements
City National Bank recruits Howard Hammond as CEO
Kelly Coffey transitions to CEO of City National Entertainment. Focus on entertainment client base prompted leadership shuffle. Hammond to join CNB’s board of directors and RBC’s U.S. holding company executive committee. Read More>>
Tompkins Financial Corporation appoints Charles Guarino to Chief Banking Operating Officer
With over two decades of banking and financial management experience, Guarino has led successful initiatives. He will oversee technology and banking operations. Read More>>

New Product Development and Product Launch
Ripple’s revolutionary cross-continental payment corridors open new horizons
Ripple unveiled a groundbreaking initiative, establishing blockchain-based payment corridors to connect Africa with the global financial network. Through a strategic partnership with Onafriq, Ripple aims to facilitate seamless transactions between Africa, the UK, GCC, and Australia. Read More>>
SBI collaborates with Reliance to roll out ‘Reliance SBI Card’
It aims to provide customers with a rewarding shopping experience across diverse segments. The co-branded credit card offers exclusive benefits and discounts within Reliance Retail’s extensive ecosystem, spanning fashion, electronics, grocery, and more. Read More>>

Wealth Management Solutions

• Cetera Financial Group enhances financial planning, investment management, retirement planning, estate planning, client education, risk management, and a client-centric approach that ensures comprehensive support for clients’ financial well-being and security. 
• The company prioritizes risk management, employing strategies to identify, assess, and mitigate financial risks for clients that align investments and financial plans with client risk tolerance and objectives, promoting a secure financial future.  
• Cetera Financial Group enhances investment growth solutions by providing expert guidance, diversified portfolios, and personalized strategies to help clients maximize investment returns and achieve long-term financial objectives.

Financial Technology Innovation

• Cetera Financial Group leverages cutting-edge financial technology to enhance client experiences and innovate digital tools for efficient portfolio management, financial planning, and secure online access, ensuring optimal client service.  
• Cetera Financial Group employs various financial technologies, including robo-advisors, data analytics, client portals, AI, cybersecurity solutions, and mobile apps, to provide clients with efficient, secure, and personalized financial services and insights.  
• The company aims to enhance efficiency, improve client experiences, support better decision-making, ensure security, enable personalization, and maintain a competitive edge in the financial services industry.  
• Service Providers with rich expertise in expanding Financial Technology Innovation would be apt to serve Cetera Financial Group with better solutions.

Key Funding Alert

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