IDT Financial Services Limited, a leading issuing bank specialising in prepaid debit card issuing services in the UK, Israel and Gibraltar, announced that they have partnered with Kani Payments, a Software as a Service (SaaS) platform provider for Financial Technology (FinTech) companies.
Kani’s award winning data-agnostic SaaS platform adds sophistication, automation and intelligence to payments data reconciliation and reporting, allowing IDT Finance’s back-office teams to reconcile and report on their large & contrasting data sets more seamlessly. The partnership will see IDT Financial Services Limited, and Kani Payments working together to deliver accurate and verifiable reconciliation and reporting of payments data across IDTFS’s clients that is nowadays essential for fintech companies.
“We are excited about this partnership, this new resource and our combined capabilities. This partnership with Kani Payments will create immediate value for our existing and future clients and will optimise reconciliations through more intuitive, seamless and automated tools and capabilities” said Damian Asquez, Managing Director of IDT Finance.
“We’re delighted to be working with IDT Finance who have a longstanding pedigree in the FinTech space” said Aaron Holmes, CEO of Kani Payments, “the team at IDT Finance have been a pleasure to work with throughout the implementation phase and we’re really excited to partner with them, given their already significant scale and their expansion plans for the next few years.”
About IDT Finance
IDT Finance, a fully licensed Bank authorised by the Gibraltar Financial Services Commission (“GFSC”) has launched several very successful prepaid debit card programmes over the past 15 years. IDT Finance is a leading BIN sponsorship services provider facilitating banking and payment solutions through prepaid and debit card programmes while transforming and safeguarding the future of card payments to serve FinTech through the digital revolution, through long term partnerships with Mastercard and Visa.
About Kani Payments
Live since October 2018, innovative Fintech Kani Payments has made a big impact in the Fintech and Payments space, reconciling, and reporting on over €8bn in payments data, for their customers – enabling FinTech globally to start and scale at pace. Kani was recognised by the Emerging payments Association as the Leading Financial Services or Payments Start-Up and recently requested to join the Fintech Power 50, an exclusive industry list and membership of the most influential, innovative companies and visionary personalities shaping their industry.