UK’s Lending Standards Board Announces Appointments of Key Non-Executive Directors

The Lending Standards Board (LSB) has added a wealth of policy and governance expertise to its Board with the Non-Executive Director appointments of broadcaster Iain Dale, economic authority Paul Johnson CBE and charity sector leader Caron Bradshaw OBE. Iain, Paul and Caron replaced Liz Barclay… Read More

AI: Linedata Buys DreamQuark, a Global Artificial Intelligence Firm for Financial Services

Linedata (Euronext Paris: LIN), a France-based Fintech, has acquired DreamQuark – an artificial intelligence (AI) firm that provides services to financial firms like banks and wealth managers. The terms of the acquisition were not revealed. Nicolas Meric, CEO of DreamQuark, said they are thrilled to… Read More

The Broader Impact of AI in the Real Estate Market

Generative AI [artificial intelligence] has taken the world by storm, especially with the proliferation of OpenAI’s massively popular ChatGPT. However, these generative AI models can potentially make an even greater impact than one might imagine. In the commercial real estate sector, generative AI has inspired… Read More

Bluevine Offers Business Checking that Actually Generates Interest, FDIC Coverage Up To $3M

Bluevine, a neobank targeting the SME/Small business sector, is touting its business checking plans that actually generate interest for account balances. Bluevine’s APYs range from 2% to 4.25% – depending on the balance. Also, Bluevine offers FDIC insurance up to $3 million. Broken out by… Read More

Skipify, Visa Team Up To Improve Checkouts

Skipify, a Fintech focused on the checkout experience, this week announced its partnership with Visa through the Visa Digital Commerce Program. By combining Visa’s digital payment capabilities with its digital wallet, Skipify hopes to deliver a convenient and secure consumer checkout experience. In early phases… Read More

French Tax Returns focused Fintech Qlower Acquires Funding via Crowdcube

Qlower is focused on helping those who might be tired of tax returns. At Qlower, they’ve decided it shouldn’t be “a burden anymore.” Thanks to their technology combining open banking and AI, Qlower automates tax returns for landlords, in France for now. They claim to… Read More

CAB Payments Obtains European Payment Service Provider License

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CAB Payments Holdings announced it has expanded into the European Economic Area (EEA) with the establishment of CAB Europe BV, trading as CAB Payments Europe. CAB Payments Europe has secured a payment service provider license with De Nederlandsche Bank N.V., (DNB) to “provide services in… Read More

Virtual Card Payments from Nium to Enhance Cash Flow Management for Scott Dunn

Nium, the enabler of real-time cross-border payments, recently announced its partnership with luxury tour operator Scott Dunn to issue virtual cards to its global network of hotel providers. Nium’s virtual card solution reportedly “enables travel intermediaries to effectively pay airlines, hotels, and the global travel… Read More

India’s RBI Plans Fintech Self-Regulation Framework by April 2024

The Reserve Bank of India (RBI), the apex banking authority in the nation, is gearing up to unveil a comprehensive framework for a self-regulatory organization (SRO) specifically tailored for the fintech sector. This forthcoming initiative was revealed by Governor Shaktikanta Das during the post-monetary policy… Read More

Digital Payments Share Reportedly Reached 70% in Past Year in Saudi Arabia

The Saudi Central Bank (SAMA) announced that the share of retail consumer electronic payments -one of the Financial Sector Development Program’s KPIs- reached 70% of total retail payments in 2023, up from 62% in 2022. This achievement is attributed “to the significant growth of payments… Read More

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