June 9, 2024 @ 5:43 pm By Omar Faridi  |  

TrueAccord’s machine learning engine, HeartBeat, ​​reportedly reaches out to every account placed with a goal of getting them to repay on their own terms when they are ready, versus the one-size-fits all communication “that ignores trends in sentiment and spending habits.” Powered by a combination… Read More

 Tagged debt collection, fintech adoption, machine learning, spending, trueaccord

June 9, 2024 @ 5:38 pm By Omar Faridi  |  

Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, announced its Q1 2024 business performance results and the launch of its Summer Edition product release that “brings flexibility to the way companies manage spend.” Q1… Read More

 Tagged europe, fintech adoption, payhawk, spend management

June 9, 2024 @ 4:13 pm By Omar Faridi  |  

Alloy, a firm focused on digital asset investment technology, and Obligate are entering a strategic partnership that will integrate Obligate’s tokenized bonds into Alloy’s comprehensive digital asset portfolio management and execution system. This collaboration aims to lead the way in “shaping how institutional asset managers… Read More

 Tagged alloy, digital assets, investment, obligate

June 9, 2024 @ 4:08 pm By Omar Faridi  |  

NYMBUS, a provider of cloud-based financial technology solutions, is pleased to announce the appointment of Nate Whaley as Chief Revenue Officer (CRO). With a diverse career spanning over four decades, Nate reportedly “brings a wealth of experience and a track record of driving sales and… Read More

 Tagged cloud, nate whaley, nymbus

June 9, 2024 @ 2:14 pm By Omar Faridi  |  

Juniper Research has recently shared the top 3 uses of next-gen tech in Core Banking. The Juniper Research team notes in a report that the core banking systems market “is well established; however, technological innovation, such as cloud infrastructure, is driving innovation in this sector.”… Read More

 Tagged banking, core banking, juniper research, research

June 9, 2024 @ 1:00 pm By Omar Faridi  |  

iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announced that iCapital Network Canada Ltd., a Canadian investment fund manager and affiliate of iCapital group has been appointed Investment Fund Manager in Canada for Prime Quadrant Alternative Investment… Read More

 Tagged canada, icapital, investment marketplace, wealth management

June 9, 2024 @ 10:49 am By Omar Faridi  |  

PitchBook has provided a comprehensive update focused on the retail Fintech sector. PitchBook provides insights in its report on Deal value: Retail fintech VC deal value continued to be muted, “declining 15.3% YoY and 30.8% QoQ to $1.9 billion in Q1 2024.” Aside from the… Read More

 Tagged fintech adoption, pitchbook, research, retail fintech

June 9, 2024 @ 10:03 am By Michael Wong  |  

Global payments platform Thredd has partnered with Discover Global Network to expand its network access, thereby enhancing service offerings for its clients. Announced at the Money20/20 event this week, the partnership is set to provide Thredd’s clients with broader operational capabilities, enabling them to introduce… Read More

 Tagged discover global network, payments, thredd

June 8, 2024 @ 9:30 pm By Tony Zerucha  |  

The American Fintech Council (AFC), an industry association representing Fintech companies and banks, applauded the Office of the Comptroller of the Currency (OCC) on the expansion of REACh 2.0 and continued commitment to collaboration. The AFC said the agency has continued its pragmatic approach to… Read More

 Tagged american fintech council, Ian P. Moloney, Michael J. Hsu, occ, REACh 2.0

June 8, 2024 @ 6:34 pm By Michael Wong  |  

Filipinos’ reliance on digital financial services intensified in 2023, with users spending a cumulative 1.3 billion seconds, or 42 years, on digital lending applications, marking a 37-percent surge from the previous year, a report by consumer credit service Digido revealed. According to the study, personal… Read More

 Tagged digital lending, online lending, Philippines