August 26, 2024 @ 10:29 pm By Omar Faridi  |  

Banking Circle, a fully licensed next-generation bank with central bank access, has entered a strategic partnership with Skydo, India’s cross-border payments platform for Micro, Small, and medium-sized Enterprises (MSMEs) and freelancers. The collaboration aims to support Indian businesses “operating globally by providing them with seamless, efficient and cost-effective… Read More

 Tagged banking circle, cross-border payments, msmes, skydo

August 26, 2024 @ 10:26 pm By Omar Faridi  |  

State Street Global Advisors, Inc, the asset management business of State Street Corporation (NYSE: STT), announced a strategic investment in Raiz Invest Limited (ASX: RZI), an Australian Fintech platform that helps customers grow their wealth by helping them to save and invest. The parties have… Read More

 Tagged australia, fintech adoption, raiz invest, state street

August 26, 2024 @ 10:24 pm By Omar Faridi  |  

Backbase, the global enabler of engagement banking, has successfully delivered a new digital banking platform for MyState Bank to support future growth. The platform represents a significant leap forward in “delivering seamless, customer-centric digital experiences to MyState customers.” MyState has partnered with Backbase “to modernise its… Read More

 Tagged australia, backbase, banking, digital bank, mystate bank

August 26, 2024 @ 7:10 pm By Omar Faridi  |  

Nubank (NYSE: NU) has finalized negotiations for seven new agreements to expand the offering of NuConsignado, its 100% digital payroll loan service. The new contracts include the three branches of “the Brazilian Armed Forces—the Brazilian Air Force, Navy, and Army—as well as the municipalities of… Read More

 Tagged brazil, latam, nubank, nuconsignado, payroll

August 26, 2024 @ 4:12 pm By JD Alois  |  

Shri Shaktikanta Das, Governor of the Reserve Bank of India, touched on multiple topics pertaining to Fintech at a global conference entitled Digital Public Infrastructure and Emerging Technologies. Digital Public Infrastructure (DPI) and Emerging Technologies are expected to shape the futures of all economies, said… Read More

 Tagged cbdc, india, payments, rbi, reserve bank of india, Shri Shaktikanta Das

August 26, 2024 @ 10:30 am By Omar Faridi  |  

DNA Payments, a provider of payment solutions for the hospitality and food & beverage (F&B) sectors and a member of Oracle Partner Network (OPN), announced its Pay at Reception, Pay at Counter and Pay at Table solutions “are now available on Oracle Cloud Marketplace and… Read More

 Tagged dna payments, oracle parnter network, pay at reception, payments

August 26, 2024 @ 8:44 am By JD Alois  |  

The American Fintech Council (AFC) is continuing its expansion of members joining the advocacy group with Minnesota-based Stearns Bank. The bank was founded in 1912 with physical locations in Minnesota, Florida and Arizona. Stearns reports assets of around $3.2 billion. The bank is independently owned… Read More

 Tagged american fintech council, stearns bank

August 26, 2024 @ 8:27 am By Omar Faridi  |  

New research from MillTechFX reveals hedging strategy divergence among UK and US corporates. The latest research from FX-as-a-Service pioneer, MillTechFX, has “revealed UK corporates have dropped their hedge ratios by around six percentage points, possibly due to increased political certainty, while US corporates increased theirs… Read More

 Tagged hedging strategies, research, uk, us

August 26, 2024 @ 8:26 am By Omar Faridi  |  

The total venture capital (VC) funding raised by the US-based startups reportedly improved by 2.4% year-on-year (YoY) during January-July 2024 despite a 41% decline in VC deal volume. The country continues to lead the global VC landscape “with a significant gap over its peers, leading… Read More

 Tagged deal volume, funding, research, us, vc

August 25, 2024 @ 10:36 pm By Omar Faridi  |  

Digital payment trends are said to be picking up in Singapore with Gen Z leading shift, according to a report. Currently, two-thirds (68%) of Singapore’s Generation Z “prefer to pay with PayNow and close to 3 out of 10 use GrabPay (29%). New research by… Read More

 Tagged fintech trends, payments, research, singapore, southeast asia