Financial Services Software Provider Finastra Enhances UCC Filing Process with Key Partnerships

Finastra, a global firm focused on financial services software, announced enhancements to its LaserPro document management solution, integrating with two different Uniform Commercial Code (UCC) filing service providers, CSC Lien PerfectSM for Lenders and Wolters Kluwer’s iLien UCC platform. These latest integrations are reportedly intended… Read More

British Business Bank’s Investor Pathways Capital Initiative Now Taking Microfund Applications to Support Fund Managers

The British Business Bank has opened applications for Microfunds as part of its new £400m Investor Pathways Capital initiative. Microfunds is dedicated to supporting very early-stage investors from a wide range of backgrounds in building investment track records and launching their first venture capital funds…. Read More

Revolut Announces Integration of Polygon for Payments, Trading, Staking

Revolut, Europe’s neobank and reportedly one of the world’s fastest-growing fintech platforms, has integrated with Polygon for stablecoin transfers, payments, and trading. By November of this year, more than $690 million in volume was reportedly processed via Polygon in the Revolut app. With (reported) 65… Read More

UK’s Assetz Capital Announces £150M Facility from Cambridge and Counties Bank to Enable Property Development

Assetz Capital is pleased to announce a new partnership between their firm and Cambridge & Counties Bank (CCB), making £150 million available to fund SME residential developments across the UK. This collab brings together two UK lenders with shared values around steady growth, regional expertise,… Read More

London Sees Sharpest Coworking Cost Decline in Europe as Living Costs Stabilize : bunq

A slowdown in cost increases across Western Europe, along with increasing prices in parts of Eastern Europe, is resulting in a more varied picture of affordability for expats as well as remote workers, according to European digital bank bunq’s research findings from the Working Abroad… Read More

Revolut Announces Global Payments Partnership with Travel Platform Booking.com

Revolut, the global fintech currently claiming more than 65 million global customers and various business customers, has announced a global payments partnership with one of the world’s online travel platforms, Booking.com. Expanding Revolut’s travel offering for customers, Booking.com customers can now pay via Revolut Pay,… Read More

LevelField Bank Approved to Provide Banking and Digital Assets Services

LevelField Financial, Inc., a U.S. financial services firm aiming to bring together traditional banking and digital asset products in a unified platform, announced that it received conditional approval from the Illinois Department of Financial and Professional Regulation (IDFPR) in order to finalize its acquisition of… Read More

3Forge’s Robert Cooke Claims Banks are Wasting Resources as Significant Bank IT Spend Goes to Fixing Legacy Systems

  Robert Cooke, CEO of 3forge, recently shared some interesting insights with CI. The team at 3forge pointed out that currently, global banks run on billions of lines of legacy code, some even written half a century ago, and nowhere is that inheritance more visible… Read More

JPMorgan Wins Battle with Fintechs Over Charging Fees to Access Users’ Financial Data

JPMorgan Chase (NYSE:JPM) has reportedly finalized agreements that will make sure it will get paid by the fintechs that are responsible for almost all the data requests issued by third-party applications being connected to customer banking accounts. This, according to an update from CNBC. JPMorgan… Read More

PayPal, KKR Extend Agreement for European Pay Later Receivables

PayPal Holdings, Inc. (NASDAQ: PYPL) and KKR, a global investment firm, announced the signing of a new agreement for an up to €6 billion replenishing loan commitment under which credit funds and accounts managed by KKR will purchase “up to €65 billion of buy now,… Read More

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