This week in Fintech: TFT Bi-Weekly News Roundup 14/03

welcome to Fintech Times Bi-Weekly News Roundup Tuesday March 14th. Today we hear about a new chief data officer for ComplyAdvantage.

Company updates

Phos, a software point-of-sale (SoftPoS) orchestration for businesses will now accept QR code-based digital wallets as a payment option for retailers, brands and businesses. This will include QR digital wallets such as PayPal, Venmo and CashApphelps merchants increase sales by offering customers more ways to pay.

Sipay has announced plans to build a ‘global licensing team’, responsible for securing e-money, payments and acquiring licenses in multiple markets, starting with the UK and EU. The global licensing team will be responsible for new licensing processes. It will also advise the product team to localize products for each country where Sipay will operate.

Paymoba financial services player in the Middle East, North Africa and Pakistan (MENA-P), has joined MENA Fintech Association (MFTA). The move is part of its ongoing commitment to drive the regional fintech agenda and promote innovation in the industry.

Mitek has joined Open Identity Exchange (OIX). OIX is a global community for everyone involved in the ID sector to connect and collaborate, developing the guidance needed for interoperable, trusted digital identities. Mitek will contribute with its global perspective on the trends towards the use of digital identity technology.

Partnership

Aubrey Capital Management, the British stock manager, collaborates with Aramea Asset Management, a German asset manager, to promote its commitment to the German fund market. The partnership will enable Aubrey to work closely with Aramea and its subsidiaries Punica Invest to offer support and expertise to successfully distribute Aubrey’s product range.

JIVF, a Japanese consumer finance firm in Vietnam, has teamed up with OpenWay. Openway’s Way4 payment solution will help JIVF deliver individual and corporate credit card products, BNPL services, launch a digital wallet, as well as ensure better digital-first customer experiences in consumer finance.

Provider of payment infrastructure MANGOPAY and PayPal has strengthened its long-term strategic partnership to give marketplaces quick access to PayPal’s global payment methods and capabilities. This collaboration will enable marketplaces to easily build a dynamic payment experience and give end users more choice by making PayPal available.

Pleothe solution for business expenses, has merged with strategic coaching company Separator Whale to upgrade its engineers, with a program focused on developing best-in-class API integrations. Skiller Whale trainers will work with Pleo’s engineering team to accelerate expertise and specialist knowledge.

More partnerships

segpay, a digital payment processing, has entered into a partnership with Internet Watch Foundation (IWF). The non-profit organization works to find and remove sexual abuse of children online. As a member of the IWF, Segpay can also access the organization’s set of tools to help Segpay and its merchants keep child sexual abuse material off the internet.

FintechOS is to cooperate with PwC to support its new digital banking solution: Infinite Financial Solutions for Banking Infinite Financial Solutions. Powered by Microsoft’s Cloud for Financial Services and leveraging FintechOS’s technology platform, the solution enables financial institutions to accelerate digital transformation and elevate the customer experience in a cost-effective manner.

Tandem BankBritain’s greener digital bank, has teamed up with money-saving fintech Snoke. The collaboration will give Snoop customers access to Tandem’s savings product offer. These include the recently launched Top Up Instant Access account, as part of Snoop’s product comparison services.

PolyAI deepens the partnership with Twilio to provide customer-directed call assistants. PolyAI’s integration with Twilio Flex and programmable voice solutions allows customers to use PolyAI conversational assistants to resolve customer questions over the phone and transfer calls back to contact center agents.

The job is moving

Singapore fintech and digital green exchange MVGX has appointed Meyer ‘Sandy’ Frucher as deputy chairman. Frucher will lead the company towards establishing an interconnected global carbon infrastructure network with national registries, trading, clearing platforms and ERP (Enterprise Resource Planning) systems. Previously, he served as deputy chairman of NASDAQ.

Bristol based provider of invoice finance Optimal economy has appointed Amir Pournasrollahzadeh to lead its regional sales team in the East of England. His appointment is part of the company’s mission to develop new business opportunities as well as better engage with supply chains across the region.

Blockchain analytics firm Crystal hires Jordan Alexander as its new assistant product director. Alexander will contribute to developing a strategy for continuous innovation and delivery of the company’s product to the market. The appointment signals the next phase of the firm’s expansion, with a focus on entering the US market.

Open banking platform Yapily has appointed Lisa Gutu as vice president for sales in Europe. She will play a key role in accelerating Yapily’s strategic growth plans in the region. For the past eight years, she has worked at Trovata in addition to Salt edgewho leads open banking initiatives working with major banks, fintechs and strategic partners across Europe.

Further job transfers

ComplyAdvantage have named Jim Anning as the company’s chief data officer as part of its commitment to innovation in anti-money laundering/fighting financial terrorism. The newly created role reflects the centrality of quality and extensive insight into the company’s mission and products. He joins ComplyAdvantage from GoCardless.

Scaleness has appointed Peter Brennan as tax manager. Scality’s addition of the CRO role reflects their mission to capture increasing market share in the booming file and object storage space. Expanding growth activities worldwide, Brennan will lead sales and marketing efforts to maximize revenue with an emphasis on partners and the channel.