Research from European Fintech iwoca reveals the “overwhelming” majority of UK SMEs are leveraging social media, as “97% say they use platforms to boost their business.” The survey of SME owners, conducted by iwoca – one of Europe’s large SME lenders – “shows Meta channels… Read More
This past year, the tech titans—Alphabet, Amazon, Apple, Meta, Microsoft, and Nvidia—collectively raked in nearly $2 trillion in revenue, a 15% increase from the previous year, according to a recent CBInsights report. These tech companies, already towering over the private tech sector with a market… Read More
Tagged ai, artificial intelligence, fintech adoption, insights, research, Tech Firms
Regtech company Sumsub has partnered with Volt, the global real-time payments platform. In this new open banking partnership, Volt will power Sumsub’s Penny Drop Verification flow, which involves “an end user being directed to their banking app after scanning their identity document.” Once a user… Read More
Tagged digitalization, regtech, sumsub, Volt
Thailand’s financial regulator has selected three consortia led by Krungthai Bank, SCB X, and Ascend Money to pioneer virtual banking services, aiming for a 2026 rollout, The Nation reported. The Bank of Thailand finalised its choice after five applicants vied for licences between March and… Read More
Tagged ascend money, Krungthai Bank, SCB X, thailand, Thailand Digital Bank
The Office of the Comptroller of the Currency (OCC) announced that it has “conditionally” approved the merger of Discover Bank, Greenwood, Delaware, into Capital One, National Association, McLean, Virginia. The OCC conducted a fulsome review of the application “submitted March 21, 2024, to ensure all… Read More
Tagged capital one, discover, occ, us
Smart Controls, a solution developed by Paystand, a blockchain-enabled B2B payments provider, helps companies navigate tariffs, In the wake of escalating market fluctuations driven by the Trump administration’s updated tariff policies, midsized companies face unprecedented supply chain shifts—tariffs have become the new black swan. As… Read More
Tagged Jeremy Almond, paystand, Smart Controls, tariffs
Remitly has reportedly integrated PayTo in order to strengthen real-time transfers from Australia. Remitly explains that it works with Australian payments provider Monoova to bring customers a “faster, easier way” to send money using PayTo, which is Australia’s real-time payments system. This latest collaboration means… Read More
Tagged australia, payto, real-time payments, remitly
MoneyGram, a global payments network for consumers, businesses and communities, announced a new partnership with Plaid, the data network powering the fintech tools people rely on to lead a healthier financial life. MoneyGram customers in the United States can now use Plaid’s technology to help… Read More
Tagged financial infrastructure, moneygram, payments, plaid
LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, announced it has entered into a definitive agreement to acquire a “233,887 square foot property located at 88 Kearny Street in San Francisco for $74.5 million.” The property, which will serve… Read More
Tagged digital marketplace, lendingclub, lendingclub bank, us
The Trump Media and Technology Group (NASDAQ:DJT) has issued a statement claiming stock price manipulation. Shares in DJT have traded between $11.75 to $56.55 in the past twelve months. Shares closed yesterday at around $22. Trump Media, affiliated with President Trump and his family, is… Read More
Tagged djt, finra, qube research, short interest, trump media and technology group
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