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Mambu Acquires Numeral to Expand Payment Capabilities

Finovate

Cloud banking platform Mambu has made its first acquisition, acquiring French fintech Numeral to enhance its payment capabilities and expand its market reach. Numerals cloud-native platform will enable Mambu to offer end-to-end payment workflows, support multiple payment methods, and deliver real-time transaction capabilities to its clients.

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Shift4 to Acquire Gift Card and Loyalty Company Givex

Finovate

Shift4 is acquiring gift card and loyalty solutions Givex for an undisclosed amount. The deal will expand Shift4’s client base by 130,000+ locations across 100+ countries. Payments processing technology company Shift4 announced plans to acquire gift card and loyalty solutions company Givex.

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Payment Firm Moneycorp Acquires Australia’s Rochford Group

PYMNTS

moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum, according to reports. Rochford helps its clients manage how treasury risks affect their balance sheets, cash and profitability. In 2017 , moneycorp acquired Commonwealth FX.

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alt.bank Migrates Card Operations to Pismo

Fintech Finance

“By offering cutting-edge technology in small blocks, Pismo simplifies how clients manage technology. Pismo offers more than 600 endpoints, what helps keep costs under control and give clients authonomy to be in charge of their infrastructure,” he concludes.

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KPMG in Canada acquires IMagosoft to expand cybersecurity footprint

The Paypers

KPMG in Canada has bought IMagosoft to help its clients manage their data and prevent unauthorised access to their networks.

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This Week in Fintech: TFT Bi-Weekly News Roundup 27/02

The Fintech Times

Lockchain.ai , the AI-powered blockchain risk management platform, has closed its Series A funding. The nearly $5million round will be used to fuel additional development, adding features that improve speed and efficiency for clients managing cryptocurrency positions.

FinTech 59
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Valeria Strappa New Chase Merchant Services CAO

PYMNTS

Chase Merchant Services, the global payment acceptance and merchant acquiring business division of JPMorgan Chase & Co., Previously, Strappa was client management and strategy Head for Institutional Clients Group at Citi Latin America.