September 18, 2023 @ 8:22 am By Tony Zerucha  |  

FV Bank, the U.S. licensed global digital bank that offers a vertically integrated suite of traditional and digital asset banking and custody services, this week appointed Jennifer Yaris Rodríguez as its senior trust officer. The move is effective immediately. As senior trust officer, Rodriguez will… Read More

September 17, 2023 @ 7:35 pm By Tony Zerucha  |  

The IBM Institute for Business Value, in collaboration with the Banking Industry Architecture Network and Red Hat, this week released findings from a new global study that reveals significant gaps between the stated priorities of surveyed banking executives and the customers they serve. The research… Read More

September 17, 2023 @ 7:32 pm By Tony Zerucha  |  

One out of every six Americans is financially vulnerable, the highest percentage since before the pandemic. That is one finding in the Financial Health Pulse 2023 U.S. Trends Report, released this week by the Financial Health Network. Financially vulnerable consumers typically struggle to meet expenses,… Read More

September 17, 2023 @ 11:11 am By Tony Zerucha  |  

SolasAI, a provider of market-proven algorithmic fairness AI software, this week announced enhancements to the SolasAI Bias Explainability & Mitigation Library to produce fairness results faster and more efficiently while enabling companies to safely and quickly innovate with artificial intelligence. The update reduces fairness results… Read More

September 16, 2023 @ 5:12 pm By Tony Zerucha  |  

While the Great Resignation might have subsided, the Crowe Bank Compensation and Benefits Survey shows that banks continue to struggle to retain younger talent. According to the 2023 edition, nearly 65% of respondents noted it’s been somewhat or very challenging to remain competitive among the… Read More

September 16, 2023 @ 5:07 pm By Tony Zerucha  |  

United Kingdom Fintech Paysend and Visa this week announced a strategic collaboration enabling Paysend’s customers globally to send money in real-time to eligible Visa cards across 170 countries and territories. The five-year partnership aims to revolutionize international money transfers through Visa Direct, Visa’s real-time money… Read More

September 16, 2023 @ 5:04 pm By Tony Zerucha  |  

Data from TransUnion shows that rising interest rates have pooped the credit union account origination party. The newly released Q3 Credit Union Market Perspectives Report can be viewed here. Interestingly, borrowers continue to take advantage of existing credit lines as balances across most credit products… Read More

September 16, 2023 @ 4:59 pm By Tony Zerucha  |  

Lingering recessionary fears are causing consumers to still cut spending, according to the Q3 2023 Consumer Pulse Report released this week by Marqeta, a global card issuing platform. Marqeta’s report surveyed 3,000 consumers in the United States and the United Kingdom in partnership with Propeller… Read More

September 15, 2023 @ 4:25 pm By Tony Zerucha  |  

Real estate investing investment marketplace Groundfloor had a busy week. The company announced a partnership program after unveiling its Labs initiative at the Blueprint Conference. Groundfloor recently surpassed $1 billion in investments on its platform and is accelerating growth through the Labs partnership program. Labs… Read More

September 12, 2023 @ 4:45 pm By Tony Zerucha  |  

UPTIQ, a provider of holistic wealth management solutions for the financial services industry, this week welcomed Focus Financial Partners to its client roster. Focus Financial Partners is a partnership of independent, fiduciary wealth management firms. Utilizing UPTIQ’s artificial intelligence-enabled technology, Focus will expand its ability… Read More

September 4, 2023 @ 9:39 pm By Tony Zerucha  |  

Sumsub, a global full-cycle verification platform, today launched a six-month free trial of its Travel Rule compliance solution. The product will be available to global cryptocurrency organizations in time for the enforcement of the landmark Crypto Travel Rule legislation expanding in the United Kingdom today to further combat money laundering and terrorism… Read More

September 4, 2023 @ 10:45 am By Tony Zerucha  |  

ACE Money Transfer, a Fintech company based out of Manchester, United Kingdom, has announced an enhanced partnership with Pakistani commercial institution Bank Alfalah. The union will enable overseas Pakistanis to remit money back home. ACE Money Transfer allows expatriates to send money from 28 countries… Read More

September 4, 2023 @ 9:55 am By Tony Zerucha  |  

The Securities Commission Malaysia this week has announced the first group of award recipients for its Digital Innovation Fund. The Digital Innovation Fund was established to co-fund innovative projects that demonstrate the use of technology to allow new and competitive propositions in the Malaysian capital market. It… Read More

September 4, 2023 @ 9:43 am By Tony Zerucha  |  

Alkami Technology (Nasdaq: ALKT), a cloud-based digital banking solutions provider for American financial institutions, announced this week that it has partnered with Atomic, a provider of payroll connectivity. The two firms will provide financial institutions with a direct deposit switching solution that allows account holders to connect their… Read More

September 4, 2023 @ 9:36 am By Tony Zerucha  |  

Banca AideXa, a Fintech founded in 2020 by Roberto Nicastro and Federico Sforza, had a booming third quarter, the company said this week. In the third quarter of 2023, officials say the bank strengthened its positive growth trends in figures, business, and saver confidence. The… Read More

September 4, 2023 @ 9:24 am By Tony Zerucha  |  

Utimaco, a global provider of IT security solutions, has released new consumer research that indicates a low level of trust around Internet of Things (IoT) devices. This has highlighted the need for more education from the industry into how smart devices are secured with the… Read More

September 3, 2023 @ 8:10 pm By Tony Zerucha  |  

Financial institutions and almost every other industry must quickly prepare for a post-quantum world, a new blueprint from the Info-Tech Research Group suggests. The paper can be downloaded here. The alarm was sounded due to anticipated advancements in fault-tolerant quantum computers that will surpass existing… Read More

September 2, 2023 @ 10:23 am By Tony Zerucha  |  

Global card issuing platform Marqeta this week named Heather Gantt-Evans as its chief information security officer. She brings experience in security and risk management at SailPoint, The Home Depot and Ernst & Young to her role. Gantt-Evans will oversee Marqeta’s global corporate and product security… Read More

August 26, 2023 @ 4:59 pm By Tony Zerucha  |  

Digital asset management platform Blueprint this week unveiled a free staking service. It is the first step in capitalizing on what the company believes is a demand for “an all-in-one intuitive platform that combines consolidated data, insights, and tooling to provide investors, builders, and service… Read More

August 26, 2023 @ 2:50 pm By Tony Zerucha  |  

Quantstamp, a provider of blockchain security solutions, this week unveiled Economic Exploit Analysis. Economic Exploit Analysis identifies flash loan attack vectors in smart contracts through automated tooling before protocols get hacked. The service is based on research from the University of Toronto that Quantstamp commercialized…. Read More