June 17, 2024 @ 8:29 pm By Omar Faridi  |  

Depowise, an Estonian-founded oversight and process automation startup for financial services firms, is expanding into the United Kingdom and Ireland. The company aims to “increase its current 5% market share tenfold in the domiciled funds market of Luxembourg, Ireland, and the UK, valued at more… Read More

 Tagged depowise, estonia, financial services, uk

June 17, 2024 @ 8:27 pm By Omar Faridi  |  

The Saudi Central Bank SAMA released the Annual Performance Report of the Saudi Finance and Real Estate Refinance Companies Sector for the year 2023. The report highlighted the sector’s developments and financials “during 2023, where the paid-up share capital for finance companies sector increased by… Read More

 Tagged finance, mena, real estate, SAMA, saudi arabia, saudi central bank

June 17, 2024 @ 8:22 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Thought Machine, a cloud-native banking technology company, are advancing their partnership to deliver high-quality payments and core banking (critical back-end technology for product and account management and the customer ledger) capabilities to financial institutions looking to modernize their technology stack. Mastercard’s… Read More

 Tagged banking, cloud, mastercard, thought machine

June 17, 2024 @ 3:10 pm By JD Alois  |  

According to a report, Apple’s (NASDAQ:AAPL) buy-now-pay-later (BNPL) product will shut down later this year. Apple Pay Later was expected to be the first digital loan-type service offered by the tech firm, but it appears that Apple is pulling back on the Fintech lending. According to 9to5… Read More

 Tagged apple, bnpl

June 17, 2024 @ 12:22 pm By Omar Faridi  |  

PensionBee Group plc is pleased to announce that it has achieved Assets under Administration of over £5 billion, reaching 250,000 Invested Customers in June 2024. According to PensionBee, these important milestones have been “achieved through the continued delivery of the company’s strategy, driven by a… Read More

 Tagged milestone, pensionbee, pensions, uk

June 17, 2024 @ 10:26 am By Omar Faridi  |  

Laura Bayley, Head Clearing Services, SIX, has been appointed as new SWIFT Board Member, the world’s provider of secure financial messaging services. SWIFT’s Board composition is designed to “ensure SWIFT‘s global relevance, support its international reach and uphold its strict neutrality.” Laura Bayley is Head… Read More

 Tagged financial services, laura bayley, six, swift, women changing finance

June 17, 2024 @ 9:17 am By JD Alois  |  

In the UK, the Fintech industry “remains a hotbed” for innovation, driving employment needs – mostly in London. According to a report distributed by Morgan McKinley, the “demand for tech-savvy professionals in the Fintech industry has significantly increased, reflecting the sector’s ongoing digital transformation.” Morgan… Read More

 Tagged employment, morgan mckinley, united kingdom

June 17, 2024 @ 8:29 am By Omar Faridi  |  

Visa Inc. (NYSE: V) announced the relaunch of Visa SavingsEdge, aimed at delivering greater value to small businesses (SMBs) across the United States and Canada. For more than a decade, Visa SavingsEdge has provided “eligible Small Business cardholders with the savings, tools and resources to… Read More

 Tagged savings, visa

June 17, 2024 @ 8:28 am By Tony Zerucha  |  

This week, 40Seas, a platform dedicated to financing, managing, and automating B2B payments worldwide, announced the launch of its all-in-one Global Accounts Receivable solution to simplify credit, risk, and invoice management. The 40Seas Global Accounts Receivable platform centralizes invoice data in a user-friendly dashboard, allowing… Read More

 Tagged 40seas, Eyal Moldovan, Global Accounts Receivable, Jonathan Frankel, payments, Portless

June 17, 2024 @ 8:26 am By Omar Faridi  |  

DNA Payments is bringing more flexible payment options to the payments space, being one of the first to market in the UK by launching Open Banking for its axept PRO payment terminals, offering merchants even more ways for their customers to pay. The introduction of… Read More

 Tagged dna payments, flexible payments, open banking, uk, united kingdom