June 30, 2024 @ 3:09 pm By Omar Faridi  |  

European Fintech Payhawk explains that a business can use different types of amortization schedules, but the most common and straightforward type is the “straight-line method.” As noted in a blog post by Payhawk, this method is where you “evenly distribute the cost of an expense… Read More

 Tagged amortization, europe, fintech adoption, payhawk

June 30, 2024 @ 1:04 pm By Omar Faridi  |  

DailyPay, a Worktech company in the earned wage access (EWA) sector, and Carahsoft Technology Corp., a government IT Solutions Provider, announced a partnership to bring earned wage access to the Public Sector. Under the agreement, Carahsoft will serve “as DailyPay’s Master Government Aggregator, making the… Read More

 Tagged carahsoft technology, dailypay, ewa, worktech

June 30, 2024 @ 12:44 pm By Michael Wong  |  

The global fintech blockchain market, valued at $2.2 billion in 2022, is set to expand significantly, reaching $57.84 billion by 2031, with a compound annual growth rate (CAGR) of 43.8% from 2024 to 2031, according to SkyQuest. Fintech blockchain solutions, which integrate blockchain technology with… Read More

 Tagged research, skyquest

June 30, 2024 @ 11:22 am By Omar Faridi  |  

Bank of Ireland, the Ireland Strategic Investment Fund (ISIF), and Pearl Property Managers Limited (Pearl) have launched a new fund with an initial value of €55 million that will grow in the future, and support the delivery of more than 2,500 new homes over the… Read More

 Tagged bank of ireland, investment fund, ireland, pearl property managers

June 30, 2024 @ 10:56 am By Omar Faridi  |  

Nubank (NYSE: NU) announced the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, “bringing smarter, fairer, and more personalized financial products and services to Nubank’s customers.” Hyperplane, launched in 2022 and… Read More

 Tagged acquisition, ai, hyperplane, nubank

June 30, 2024 @ 10:55 am By Omar Faridi  |  

Nium, the global enabler of real-time cross-border payments, announced the appointment of Spencer Hanlon to the role of Chief Operating Officer (COO). Previously, Hanlon served as Nium’s Global Head of Travel, “spearheading one of the company’s fastest-growing business units.” Hanlon joined Nium in 2021 via… Read More

 Tagged new appointments, nium, payments

June 30, 2024 @ 10:43 am By Michael Wong  |  

Snappi, the pioneering Greek neobank, has obtained a universal banking license from the European Central Bank (ECB), following a proposal by the Bank of Greece. This approval marks a crucial milestone in Snappi’s mission to deliver next-generation financial services across Europe. The licensing process was… Read More

 Tagged banking, digital bank, ecb, europe, european central bank, greece, Greek Neobank, Snappi

June 30, 2024 @ 10:32 am By Michael Wong  |  

Digital banking platform Ibanera has partnered with data-centric ECN firm DMALINK to address the financial challenges faced by technology companies. The collaboration merges DMALINK’s expertise in FX trading with Ibanera’s cross-border payment solutions, offering a comprehensive financial toolkit tailored to the needs of tech firms… Read More

 Tagged digital bank, digital banking, dmalink, fintech, FX Solutions, ibanera

June 30, 2024 @ 9:29 am By Omar Faridi  |  

The Payments Canada Board of Directors announced the appointment of Susan Hawkins to President and CEO of Payments Canada, effective August 12, 2024. Garry Foster, Chair of the Payments Canada Board of Directors said: “We are thrilled to appoint Susan Hawkins to lead Payments Canada… Read More

 Tagged new appointments, payments, payments canada, susan hawkins, women changing finance

June 29, 2024 @ 7:01 pm By Tony Zerucha  |  

Pathward’s new report – Embedded Finance – Executive Perspectives shares how executives view a growing trend that’s set to grow almost fivefold to $248.4 billion by 2032. One key takeaway is there is opportunity for consultants to assist with strategy and implementation. Most senior executives,… Read More

 Tagged compliance, cx, embedded finance, Pathward