TreviPay partners with Mastercard to expand B2B Payments Network

Partnerships
Pontera announces partnership with Commonwealth Financial Network to help its advisors better manage clients’ wealth
This collaboration aims to enhance advisors’ capabilities, offering comprehensive wealth management and fostering better financial outcomes for clients. Read More>>
Bitunix and MoonPay join forces for seamless Crypto Trading
Bitunix and MoonPay have teamed up to enhance the crypto trading experience, offering Bitunix users a seamless onboarding process and expanded payment options. This collaboration aims to make crypto trading more accessible globally, with plans for future features like selling cryptocurrencies for fiat currencies through MoonPay. Read More>>
TreviPay partners with Mastercard to expand B2B Payments Network
The partnership aims to streamline processes, reduce invoicing errors, and expedite onboarding. The solution empowers suppliers to offer net-terms financing seamlessly, optimizing payment experiences and expanding TreviPay’s global reach. Read More>>

Merger and Acquisition
Global Credit Union to acquire first Financial Northwest Bank for US$231.2 Mn
The deal, subject to regulatory approval, aims to enhance offerings for member businesses and strengthen the institution’s market presence. Read More>>

Center Setup and Expansion
ADCB plans Saudi expansion with Riyadh branch
The branch, subject to final regulatory approvals, aims to offer comprehensive services for corporate and institutional clients, supporting the bank’s regional expansion. Read More>>
HSBC India opens its largest branch in India, plans to increase customer base Pipa News
HSBC India inaugurates its largest branch in Whitefield, Bengaluru, spanning 8,300 square feet. With a focus on connecting with the affluent community in the area, this move reinforces HSBC’s position as a leading international bank in India. Read More>>
GTBank establishes presence in Bono Region, opens branch in Sunyani
Located in the Central Area Sector 2 Block C, the branch aims to provide efficient banking services to residents and businesses in the region. Read More>>

Executive Movements
Euroclear appoints Valérie Urbain as CEO succeeding Lieve Mostrey
Urbain, currently Chief Business Officer, brings extensive experience and has been a key architect of Euroclear’s business strategy. The board expresses confidence in her ability to lead the company forward. Read More>>
The AI Corporation names CCO Piers Horak as the new CEO succeeding Dr. Mark Goldspink
With 15+ years in retail payments and fraud prevention, Horak aims to innovate technology and enhance omnichannel payment experiences, particularly in retail fuel mobility and banking sectors. Read More>>
Ally Financial names Douglas Timmerman as the interim CEO, effective February 1, 2024
With over 30 years at Ally, Timmerman has held various leadership roles, contributing to Ally’s position as a prime auto lender. Read More>>

New Product Launch and Development
Banorte’s digital banking debut in Mexico with Bineo
Available on iOS and Android, Bineo offers commission-free savings accounts and personal loans, aligning with the demand for accessible and cost-effective banking solutions. Read More>>
Elevations Credit Union launches with Alkami’s Online Retail, Business, and Mobile Banking
It aims to provide members with intuitive tools, enhanced account opening, and data analytics. The move aligns with Elevations’ digital vision, catering to a technologically savvy member base and fostering innovation. Read More>>
RIDB partners with Euronet Pakistan to launch first ‘Islamic Digital Bank’
It will enhance operational efficiency, reducing costs, and ensuring a seamless digital banking experience. RIDB aims to contribute to Pakistan’s evolving digital ecosystem and promote financial inclusion. Read More>>

Payment Integrity and Modernization

• JP Morgan Chase is strategically entering digital payroll processing to streamline payroll tasks for its small business customers. 
• JPMorgan addresses payment integrity, reducing improper payments for efficient transactions and modernizing operations. 
• The company enhances payment options with its Pay-by-bank solution, allowing billers to offer customers direct payment from their bank accounts using ACH banking options. 
• The firm introduces Tap to Pay on iPhone for the U.S. simplifies omnichannel payment acceptance and enables merchants to accept contactless payments using iPhones.

• JPMorgan encompasses AI-driven fintech innovation, and wealth management, reinforcing its commitment to staying at the forefront of technological advancements in the financial industry. 
• The firm is committed to reshaping the financial services landscape by leveraging AI to empower professionals and individuals. This involves providing valuable insights and recommendations for making informed financial decisions. 
• By leveraging Artificial Intelligence, JP Morgan Chase integrates seamlessly into wealth and asset management interactions, aiming to transform financial outcomes for individuals and drive the acceleration of fintech innovation.

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