Intelligent Fin.tech Issue 34 | Page 33

P R O J E C T
R O U N D- U P

P R O J E C T

R O U N D- U P

1. UNITED STATES

Baker Hill has entered into a strategic partnership with LoanPro, allowing banks, credit unions and FinTechs to move from loan application to loan servicing with more speed, accuracy and control than legacy platforms. The partnership between the two platforms enables lenders across any asset class to originate loans using Baker Hill’ s automated workflows, decisioning and analytics, then manage those loans in LoanPro’ s platform for monitoring, compliance, collections, payments and servicing. Andy Ivankovich, President and CEO, Baker Hill, said:“ This partnership is a significant win for institutions looking to modernise both front-end and back-end processes without the pain of siloed systems.”

3. CHINA

Chow Sang Sang – one of the most iconic jewellers in Greater China – has selected Nuvei’ s global payments platform to drive the next phase of its international growth, starting with expansion into North America. Nuvei recently received a Money Services Operator licence in Hong Kong, enabling the company to offer local acquiring and settlement in one of Asia’ s most strategically important markets. It also reinforces Nuvei’ s long-term commitment to the APAC region, where it continues to expand its on-the-ground presence across Greater China, Japan, Singapore and Australia. Global online jewellery sales are projected to rise from US $ 105.6 billion in 2024 to US $ 166 billion by 2029 – a 16 % CAGR.

2. SWITZERLAND

Zurich-based SIX is expanding its adoption and integration of Corvil Analytics to monitor its financial information business in addition to processes in its exchange business. Pico’ s Corvil Analytics provides improved data transparency and helps optimise low-latency data delivery by monitoring the speed and integrity of high-volume inbound data flows from multiple exchange providers. Henk D’ Hoore, Head Product Development, Financial Information, SIX, said:“ As part of our market data growth strategy, we are determined to leverage best-in-class technology partnerships such as our collaboration with Pico, enabling us to enhance operational efficiencies and provide cutting-edge, real-time monitoring and data anomaly detection capabilities which, in turn, improve our real-time services and response times to clients.”

4. BRAZIL

Visma, a leading provider of mission-critical business software across Europe and LATAM, has entered the Brazilian market with its acquisition of Conta Azul – a fast-growing cloud ERP financial management system tailored for SMEs and accounting offices. Through the acquisition, Visma expands its LATAM footprint with existing operations in Argentina, Chile, Colombia, Mexico and Peru – underscoring its commitment to supporting the expansion of innovative cloud-based solutions across the region. As LATAM’ s largest economy, Brazil presents a complex and rapidly evolving landscape for the accounting needs of microbusinesses and SMBs. Serving approximately 100,000 SMBs, Conta Azul is recognised as one of the leading players in Brazil’ s large, fragmented and structurally growing market. www. intelligentfin. tech
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