November 26, 2024 @ 8:53 am By Omar Faridi  |  

Eurobank has announced that it expanded its strategic partnership with UK-based Plum Fintech Limited by advancing a second €5 million minority capital investment to Plum, which claims to be one of Europe’s fastest-growing fintechs that has built a “smart money management” app. With its latest… Read More

 Tagged eurobank, fintech adoption, plum, uk, united kingdom

November 25, 2024 @ 10:18 pm By Omar Faridi  |  

CaixaBank unveiled its 2025–2027 Strategic Plan in order to ensure sustainable levels of profitability “above 15% (ROTE)” in order to support the growth of loans to firms and households, which is on track to grow by around 4% CAGR during the next three years. Maintaining… Read More

 Tagged caixbank, digital banking, europe, sustainable finance

November 25, 2024 @ 10:15 pm By Omar Faridi  |  

The European Securities and Markets Authority (ESMA), which is the EU’s financial markets regulator and supervisor, has recently released its Final Report providing the assessment of the shortening of the settlement cycle in the EU. The report aims to highlight that the increased efficiency and… Read More

 Tagged esma, EU, european securities and markets authority, financial markets, settlement

November 25, 2024 @ 10:14 pm By Omar Faridi  |  

Lunar, the Nordic challenger bank, is reportedly focused on becoming one of the best “every day banks” in the Nordics region. Lunar is a digital challenger bank focused on simplifying and enriching customers’ financial lives by creating a frictionless everyday banking platform. Founded in Aarhus,… Read More

 Tagged challenger bank, europe, lunar, nordics

November 25, 2024 @ 10:13 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant,  announced a global agreement with the technology solutions provider Lenovo. Consumers in 15 European countries are now able to pay for their tech purchases at Lenovo.com using Klarna’s flexible payment methods, including its popular interest-free Buy… Read More

 Tagged bnpl, klarna, lenovo, payments

November 25, 2024 @ 10:56 am By Nick Morgan  |  

Jennifer Schulp from the Cato Institute on Financial Services and Regulation In a recent episode of Capital Ideas, Nick Morgan and Dara Albright of the Investor Choice Advocates Network (ICAN) welcomed Jennifer Schulp, Director of Financial Regulation Studies at the Cato Institute. Schulp, co-author of Financing Opportunity: How… Read More

 Tagged capital ideas, cato, dara albright, ican, jennifer schulp, nick morgan, perspective, regulations

November 25, 2024 @ 9:32 am By Tony Zerucha  |  

Released last week, the J.D. Power 2024 U.S. Wealth Management Digital Experience Study finds that more full-service and self-directed wealth management clients than ever have come to expect tailored guidance on how to meet personal financial goals from the digital channels offered by their wealth… Read More

 Tagged Craig Martin, jd power, Jon Sundberg, jp morgan, wells fargo

November 25, 2024 @ 9:14 am By Tony Zerucha  |  

Abrigo CEO Jay Blandford believes AI [artificial intelligence], Fed rate cuts, compliance pressures, and the fight for depositors will be some of the themes defining 2025 1. Artificial intelligence to be increasingly integrated Blandford said AI will accelerate its transition from a buzzword to an… Read More

 Tagged Abrigo, compliance, donald trump, Jay Blandford, us federal reserve

November 25, 2024 @ 9:04 am By Omar Faridi  |  

Modulr, an embedded payments platform, announces its acquisition of Nook, an innovator in accounts payable (AP) automation. Both companies said they aim to address inefficiencies, remove manual steps and improve the overall security of making business payments. These are significant concerns, as highlighted by Modulr’s… Read More

 Tagged embedded payments, modulr, Nook, uk, united kingdom

November 25, 2024 @ 8:31 am By Omar Faridi  |  

10x Banking, the cloud-native core banking platform, has partnered with Alloy, an identity and fraud prevention platform, to deliver a frictionless customer onboarding, perpetual KYC and KYB monitoring, and credit decisioning platform for financial institutions globally. The partnership brings together 10x’s meta-core platform with Alloy’s… Read More

 Tagged 10x banking, alloy, fintech adoption