June 12, 2024 @ 10:50 am By JD Alois  |  

Pagaya Technologies (NASDAQ: PGY) says it is joining the Mastercard Engage program. The program seeks to connect qualified Fintechs to banks, merchants, and more to help them accelerate product innovation through access to the company’s global network. As part of the program, Pagaya’s AI network… Read More

 Tagged mastercard, pagaya

June 12, 2024 @ 8:23 am By Omar Faridi  |  

The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, pointed to another reduction in permanent placements made by UK recruitment consultants in May. Delayed decision making and a lack of demand “amongst companies were reported to have weighed on recruitment activity.”… Read More

 Tagged employment, research, uk, united kingdom

June 12, 2024 @ 8:21 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced its vision for 100% e-commerce tokenization in Europe by the end of the decade. This supports a global commitment to “phase out manual card entry and make e-commerce safer and more accessible for everyone.” As payments become more intricate, Mastercard is… Read More

 Tagged e-commerce, europe, mastercard, tokenization

June 12, 2024 @ 8:18 am By Omar Faridi  |  

Starling Group has released consolidated results for Starling Bank, Engine by Starling, and Fleet Mortgages for the year ending 31 March 2024. The results show a third year of profitability for Starling Group, “driven by strong growth in revenue, deposits, active customers and customer transactions…. Read More

 Tagged banking, digital bank, starling, starling bank, uk, united kingdom

June 12, 2024 @ 4:11 am By Omar Faridi  |  

Genesis Global announced bold new initiatives to make it easier and faster for financial markets firms to address their most pressing, strategic and innovative software opportunities with the Genesis Application Platform. Facilitated by Version 8 of the Genesis platform (G8), released recently, the new initiatives… Read More

 Tagged financial markets, financial services, genesis global, software

June 12, 2024 @ 3:57 am By Tony Zerucha  |  

Investment bank DAI Magister said Africa’s remittance market, which is poised to reach $500 billion by 2035, makes it a prime investment opportunity. Remittances comprise a significant portion of African GDP, with the total value of remittances across the continent reaching nearly $100 billion in… Read More

 Tagged africa, DAI Magister, investment, mobile finance, remittance, Risana Zitha

June 11, 2024 @ 4:26 pm By Tony Zerucha  |  

This week, FIS launched its Climate Risk Financial Modeler. The new SaaS risk offering aims to help businesses across all industries better assess, reduce and report their exposure to the physical risks of climate change. The Climate Risk Financial Modeler harmonizes client data with third-party… Read More

 Tagged climate, Climate Risk Financial Modeler, fis, pwc, Richard de Haan

June 11, 2024 @ 2:51 pm By Omar Faridi  |  

Built, a software platform designed to connect and simplify doing business in real estate, has announced new advanced capabilities for its Construction Loan Administration product and the launch of a new Asset & Portfolio Management product that empowers Lenders to thrive in the $20 trillion… Read More

 Tagged built, cre, loan admiistration, real estate

June 11, 2024 @ 2:50 pm By Omar Faridi  |  

U.S. Bank announced a partnership with Greenlight Financial Technology, Inc., the family fintech company on a mission to help parents raise financially-smart kids, to provide an innovative banking solution for families. Eligible U.S. Bank clients will now “have complimentary access to Greenlight’s debit card and… Read More

 Tagged banking, financial technology, greenlight, u.s. bank

June 11, 2024 @ 1:19 pm By JD Alois  |  

Yesterday, Apple (NASDAQ:AAPL), the largest Fintech in the world, announced a series of software enhancements that were heavy on artificial intelligence (AI). While much of the presentation during the keynote at WWDC, the company’s annual developers conference, focused on improvements to the OS and the… Read More

 Tagged apple