October 23, 2024 @ 8:45 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial platform for global companies, announced its partnership with Aigens, a Hong Kong-based food and beverage (F&B) software-as-a-service (SaaS) provider. Via this collaboration, Aigens incorporates Adyen’s payment capabilities into its Aigens Pay offering, helping restaurants in Hong Kong and Singapore optimize their front- and… Read More

 Tagged adyen, hong kong, payments

October 23, 2024 @ 7:01 pm By Omar Faridi  |  

LSEG and Dun & Bradstreet are expanding access to private markets data, which is said to be essential for driving impact in capital markets. LSEG (London Stock Exchange Group) and Dun & Bradstreet (NYSE: DNB), announced a collaboration in order to broaden access to private… Read More

 Tagged data, digital financial services, london stock exchange, london stock exchange group, lseg, uk, united kingdom

October 23, 2024 @ 4:33 pm By Michael Wong  |  

Mortgage fintech platform BSI Financial Services has introduced Portfolio GuardianSM, an artificial intelligence-driven model that predicts the likelihood of borrowers refinancing their mortgages within a 90-day window. This AI tool generates an accurate prepayment score for each borrower in BSI’s portfolio, providing the company and… Read More

 Tagged BSI Financial Services, mortgage, Portfolio GuardianSM

October 23, 2024 @ 4:30 pm By Omar Faridi  |  

Despite the arrest of key operators in early 2024, Grandoreiro continues to be used by its partners in new campaigns. Kaspersky Global Research and Analysis team (GReAT) has reportedly “discovered a new light version focused on Mexico, targeting around 30 banks.” These findings are to… Read More

 Tagged banking, cybersecurity, kaspersky, malware, mexico, online threats, security

October 23, 2024 @ 4:27 pm By JD Alois  |  

Shares of LendingClub (NYSE:LC) are inching higher after delivering Q3 2024 results. According to the digital bank’s CEO the company had a “standout quarter” CEO Scott Sanborn said that credit performance, a larger balance sheet and strong financial performance delivered good results. “Looking ahead, our… Read More

 Tagged banking, digital bank, lendingclub

October 23, 2024 @ 11:08 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has penalized both Apple (NASDAQ:AAPL) and Goldman Sachs (NYSE:GS) for apparent transgressions in regard to the popular Apple Card. Apple announced its bespoke credit in partnership with Goldman in 2019. The digital/physical offering grew quickly due to its consumer-friendly… Read More

 Tagged apple, apple card, cfpb, enforcement, goldman sachs

October 23, 2024 @ 10:20 am By Michael Wong  |  

Fintech companies are facing a challenging environment in 2024 due to high interest rates and heightened regulatory scrutiny, but they are also discovering new opportunities, according to the latest Future of Fintech Report from Silicon Valley Bank (SVB), a division of First Citizens Bank. Despite… Read More

 Tagged artificial intelligence, fintech, silicon valley bank, venture capital

October 23, 2024 @ 7:32 am By Omar Faridi  |  

European digital banking platform CaixaBank consolidates its position in mobile banking and partners with Apple (NASDAQ:AAPL) to enhance customer experience. CaixaBank closed the first months of the year with 4.4 million customers with cards linked to mobile devices, figures that are “on the rise,” with… Read More

 Tagged apple, banking, CaixaBank, europe, spain

October 23, 2024 @ 7:30 am By Omar Faridi  |  

The number of global banks losing clients to slow and inefficient know your customer (KYC) onboarding practices has surged to a record high this year, according to new research from Fenergo, the provider of solutions for KYC, client lifecycle management (CLM) and transaction monitoring. A… Read More

 Tagged aml, banking, compliance, fenergo, kyc, regtech, research

October 23, 2024 @ 7:25 am By Omar Faridi  |  

A new European initiative has now been introduced in order to improve instant payments between different currencies. The European Central Bank (ECB) is now launching an initiative aimed at making it easier for companies to develop services for making instant payments between different currencies. Initially,… Read More

 Tagged ecb, european central bank, instant payments, riksbank, sweden