May 2, 2024 @ 2:18 pm By Omar Faridi  |  

New research from Mambu reveals that just over a quarter (26%) of Gen Z Muslims solely use Islamic banking, though 85% of them are interested in banking “with a financial institution that offers Shariah-compliant products.” More than 560 banks worldwide adhere to Islamic principles; however,… Read More

 Tagged Islamic Banking, mambu, sharia'h compliant, survey

May 2, 2024 @ 11:28 am By JD Alois  |  

Orum has announced the launch of the “first-ever” no-code product built on top of FedNow to verify bank accounts instantly. FedNow is a US Federal Reserve service that enables instantaneous transfer solutions for financial services firms. Orum states that the no-code solution is better than… Read More

 Tagged fednow, open banking, orum

May 2, 2024 @ 11:27 am By Omar Faridi  |  

London Stock Exchange Group plc (LSEG) has shared its Q1 2024 Trading Update. LSEG is reporting a good start to the year, “driven by solid performance across the business.” David Schwimmer, CEO said: “We have started the year well, delivering another quarter of solid growth… Read More

 Tagged london stock exchange group, lseg, uk, united kingdom

May 2, 2024 @ 8:35 am By Omar Faridi  |  

Borderless AI, an Employer of Record (EOR) services provider, announced its strategic partnership with Nium, the global enabler of real-time, cross-border payments, aiming to revolutionize cross-border payments in the EOR industry. This collaboration is said to mark a significant milestone in “enhancing efficiency, transparency, and… Read More

 Tagged borderless ai, digital transactions, digitalization, nium

May 2, 2024 @ 3:16 am By Omar Faridi  |  

Nova Credit’s second UK partnership provides one of the country’s top 10 building societies with access to foreign credit histories to get more mortgage finance into the hands of skilled and professional new-to-country UK applicants. In line with their UK expansion strategy, we’re excited to… Read More

 Tagged building societies, nova credit, uk, united kingdom

May 1, 2024 @ 10:52 pm By Omar Faridi  |  

Lloyds Bank’s latest Business Barometer has found that overall business confidence is unchanged in April – staying at 42%. The result means the overall confidence figure “remains at an elevated level compared to the Barometer’s long-term average (28%), with only January 2024 seeing businesses report… Read More

 Tagged business confidence, research, uk, united kingdom

May 1, 2024 @ 9:51 pm By Omar Faridi  |  

Airwallex, the Australia-founded leading financial platform for modern businesses,  announced the launch of Airwallex for Startups, Australia’s comprehensive program for local startups seeking to accelerate their growth. The initiative – which includes practical resources, networking and content opportunities, exclusive product offers “from Airwallex and others… Read More

 Tagged airwallex, digital transactions, payments, startups

May 1, 2024 @ 9:49 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial platform of choice for various companies, announced its partnership with Decathlon Hong Kong, one of the world’s “largest” sports goods companies. Adyen is the end-to-end payment solution provider “for Decathlon Hong Kong’s online store, in-app purchases, and all its eight… Read More

 Tagged adyen, digital commerce, financial services, payments

May 1, 2024 @ 6:49 pm By Omar Faridi  |  

Users of the Uniswap mobile app can now buy crypto with a debit card, via bank transfer, or directly from their Robinhood balance using Robinhood Connect (available only for users in the United States). To mark this launch, Robinhood is reportedly “giving $10 of USDC… Read More

 Tagged crypto, digital assets, robinhood, uniswap

May 1, 2024 @ 10:01 am By Omar Faridi  |  

Mastercard (NYSE: MA) introduces new capabilities and benefits for Engage and Fintech Express, making it easier for fintech partners to bring new solutions to market Mastercard is enhancing the Engage program and Fintech Express platform, “making it even easier for fintechs and enablers to partner… Read More

 Tagged fintech adoption, mastercard, payments