Small Businesses in the US Encounter Fiscal Challenges Due to Lack of Financial Literacy – Report

Research from global cloud-based small business platform Xero reveals a notable gap in financial literacy among U.S. small business owners. Despite 55% of small business owners rating their financial literacy as ‘high’, half (50%) actively face fiscal challenges in their business due to a lack… Read More

Digital Bank LendingClub, Pagaya Purchase Tally Assets

LendingClub (NYSE: LC) and Pagaya (NASDAQ: PGY) have announced the purchase of the assets of Tally Technologies. Tally, a Fintech that sought to support consumers in managing their credit card debt, shut down operations last August. The former CEO said at the time that they… Read More

Northern Ireland Reportedly Leads UK Private Sector Growth as Autumn Budget “Dominates” Outlook

Business activity rose in all but one of the UK’s 12 nations and regions last month, following broad-based growth in the month prior, according to the latest NatWest Regional Growth Tracker. As noted in a blog post by NatWest, the Business Activity Index is said… Read More

UK’s Digital Bank Monzo Invests in Ireland Division to Expand European Operations

UK’s digital bank Monzo has injected €4m in capital into its new Irish division. The update comes just several months following Monzo’s CEO,  TS Anil, stating that the Fintech firm was in the process of establishing its EU offices in Ireland. At the time of… Read More

UK’s Assetz Capital to Focus on Next Phase of Growth with New Business Strategy and Key Appointments

Assetz Capital, an estabished lender to the UK SME property markets announced that it has appointed four senior executives to its Board. Assetz Capital, a company that has been focused on the United Kingdom‘s SME commercial property and residential development markets, announced in a blog… Read More

Contactless Payments: Japan’s International Payment Provider JCB Reportedly Enables Google Pay for Clients

JCB Co., Ltd., Japan’s international payments provider, announced that it enabled Google Pay for its clients. Android(TM) smartphone users are able to now easily use Google Pay in stores where JCB Contactless is accepted, by adding credit/debit cards issued by the JCB Group in Japan… Read More

Coreless Banking Fintech XYB to Assist Banks with Streamlining Core Systems

XYB, the Coreless Banking Platform business, has announced its plans to help banks enhance their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services firms with addressing the increasing requirements for core modernization… Read More

Report Touts Florida’s Vibrant VC Scene: $2.1 Billion for 332 Deals During H1 2024. Fintech Sector Most Active

Florida, and the Miami region specifically, has emerged as a fast-growing startup/entrepreneur ecosystem. The warm weather (minus the occasional hurricane), combined with a business-friendly state government and no state income taxes, has helped shift activity from elsewhere to the Sunshine State. Some big firms have… Read More

Experian and Consumer Lender Oakbrook to Launch Debt Consolidation Loans

Experian Consumer Services announcing a partnership with Oakbrook, a non-bank consumer lender, to offer debt consolidation loans on the Experian Marketplace by reportedly using Paylink’s ReFi tech. This recently announced collaboration is said to mark a significant milestone in improving financial inclusion and unlocking access… Read More

Online Payments: Cashflows Brings Mastercard Click to Pay to UK Firms

Cashflows, the platform that for merchants to accept payments, announces its partnership with Mastercard (NYSE: MA) to offer its merchants Click to Pay. Mastercard Click to Pay is a described as a consistent way to make online payments, offering consumers a user-friendly guest checkout across… Read More

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