Lili, a financial platform designed for small business owners, announced this week that Lili Connect is available to eligible entrepreneurs who are not U.S. residents, a key milestone in Lili’s emerging global footprint. Through Lili Connect, corporate formation services partners can now offer their customers… Read More
Tagged Lilac Bar David, lili, Lili Connect, SMB
Seventy-six percent of US consumers are reportedly cutting back on spending, up from 67% in 2024, according to findings from the Wells Fargo Money Study. For adults in the first half of their financial lives, these numbers are even higher, with “82% of Gen Z… Read More
Tagged consumer behavior, consumer spending, financial management, Research Study, survey, us
Lloyds Banking Group, which is one of the United Kingdom’s largest FIs serving a large and diverse customer-base, is set to cut hundreds of permanent IT jobs in the UK while simultaneously hiring engineers for similar roles in India, according to a recent FT report…. Read More
Tagged india, lloyds, uk, united kingdom
Revolut and Visa have launched legal challenges against the UK’s Payment Systems Regulator (PSR) over its decision to impose caps on interchange fees for cross-border online payments, as reported by the FT. The move marks a considerable escalation in the ongoing tug-of-war between the payments… Read More
Global Fintech Klarna is gearing up for an initial public offering (IPO) in the United States, with reports indicating the Swedish company could file publicly as early as next week. The move, which follows a confidential filing with the U.S. Securities and Exchange Commission in… Read More
Virtual cards are transforming the digital financial services sector by offering businesses a secure, efficient, and flexible payment solution. According to a whitepaper by Juniper Research titled The Role of Virtual Cards in Streamlining Business Payments, virtual cards are poised to transform business-to-business (B2B) payments,… Read More
Tagged digital payments, digital transactions, juniper research, virtual cards
Allfunds (AMS:ALLFG), the B2B WealthTech platform for the funds industry, announces that JP Morgan Asset Management has joined the Allfunds Private Partners (APP) program. The APP program was reportedly launched back in 2023 in response to rising demand from asset managers to be able to “support… Read More
Tagged allfunds, asset management, b2b, jpmorgan, wealthtech
Adyen (AMS: ADYEN), the financial technology platform for businesses, announced Groupe Dynamite Inc. (GDI), a Montreal-based fashion house that operates retail stores and digital experiences under two banners: Garage and Dynamite, is live with Adyen’s Giving product. Giving enables GDI to engage its customers “with… Read More
Binance announced support for the Global Fintech Institute (GFI) to advance fintech education, professional development, and innovation. This collaboration aims to equip professionals with the skills needed to succeed in an era defined by artificial intelligence (AI), blockchain, and evolving financial regulations. As part of… Read More
Tagged binance, compliance, defi, digital assets, global fintech institute
Multiple High Street banks recently experienced App outages impacting customer usage of their services. Making matters worse, the Parliament Treasury Committee issued a report sharing that: “Nine of the top banks and building societies operating in the UK accumulated at least 803 hours, the… Read More
Tagged banking, perspective, redcompass labs, Tom Hewson, uk, united kingdom
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