March 19, 2024 @ 1:35 pm By Omar Faridi  |  

Global financial technology Fintech FIS (NYSE: FIS) has announced that its SecurLOCK card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy. The gains anticipated from this collaboration… Read More

 Tagged fintech adoption, fis, fraud, stratyfy

March 19, 2024 @ 8:55 am By Omar Faridi  |  

Privat 3 Money (P3), which claims to be one of the UK’s Wealthtech innovators, has  released a significant update to its advanced mobile trading platform. In its continued commitment to providing a holistic financial experience, P3 has now integrated a live news feature into its… Read More

 Tagged financial services, Privat 3 Money, uk, united kingdom, wealthtech

March 19, 2024 @ 8:53 am By Omar Faridi  |  

Revolut Business, the “borderless” financial super app for businesses, recently noted that they are focusing on markets in Malta. Revolut Business says they’re bringing clients the “one and only” platform they need to manage their business finances, so customers can: Exchange, send, and spend money… Read More

 Tagged financial services, malta, revolut, revolut business

March 19, 2024 @ 8:46 am By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), a firm focused on Cloud banking for the global financial services industry, announced that it has signed a definitive agreement to acquire DocFox, a solution provider automating onboarding experiences for commercial and business banking. DocFox’s technology helps simplify and automate “the… Read More

 Tagged acquisition, banking, DocFox, nCino

March 19, 2024 @ 7:07 am By Omar Faridi  |  

Generative AI firm, Hazy, and Open Banking data ownership platform, Unbanx, announced today the launch of the ethical data cooperative comprising synthetically generated financial transaction data. Transaction datasets provide analysts, hedge funds and other financial institutions with invaluable insights “into behaviors and trends which drive… Read More

 Tagged generative ai, hazy, open banking, unbanx

March 19, 2024 @ 3:00 am By Omar Faridi  |  

Through a new agreement between the CommBank or Commonwealth Bank and Smartgroup, customers will be able “to gain access to CommBank’s products and special promotional offers, beginning with ten free trades on the CommSec platform.” Commonwealth Bank’s Group Executive for Business Banking, Mike Vacy-Lyle said:… Read More

 Tagged australia, commbank, financial services, smartgroup

March 19, 2024 @ 2:10 am By Omar Faridi  |  

The Big Tech AI “arms race” is ongoing and picking up its pace rapidly with well over 75 AI startups that are currently backed by tech giants such as Amazon, Google, Microsoft, and Nvidia. This, according to a new report from CBInsights. CBInsights has recently… Read More

 Tagged ai, artificial intelligence, cbinsights, insights, research

March 19, 2024 @ 12:19 am By Tony Zerucha  |  

New research from the Paze PulseSM Report, by Early Warning Services, revealed that over the past year, 71% of online shoppers have abandoned their online shopping carts. While an overly complicated checkout process and security concerns were among the top reasons for cart abandonment cited… Read More

 Tagged digital wallets, James Anderson, online shopping, Paze, research

March 18, 2024 @ 10:45 pm By Omar Faridi  |  

Metro Bank has enhanced its maximum loan sizes for residential properties. Metro Bank noted in a blog post that the changes mean that loans up to 90% LTV will have “a maximum loan amount of £1.25m, and loans up to 85% LTV will have a… Read More

 Tagged metro bank, uk, united kingdom

March 18, 2024 @ 5:33 pm By Omar Faridi  |  

As VC-backed startups continue to contend with bear-market headwinds, startup hiring and compensation have undergone a reset, according to an update from Carta. Last year marked a startup employment contraction: There were more total job departures from companies on Carta in 2023 than there “were… Read More

 Tagged carta, compensation, research, startups