March 12, 2024 @ 1:45 pm By Omar Faridi  |  

Matsui Securities Co., Ltd., one of Japan’s online securities brokers, has selected global Fintech Broadridge Financial Solutions, Inc.’s (NYSE:BR) cloud based SaaS post-trade processing solution to drive operational efficiency in its stock lending business. System integrator Intelligent Wave will “develop the front office component and… Read More

 Tagged broadridge financial solutions, japan, matsui securities, online securities brokers, stock lending

March 12, 2024 @ 8:40 am By Omar Faridi  |  

The Praetura Commercial Finance (PCF) team reveals that they have secured a £200m asset-based lending securitisation with Barclays to help more SMEs with their funding needs. The wider Praetura Group team have also “managed to treble their loanbook in three years to over £400m. ”… Read More

 Tagged lenbding, pcf, praetura commercial finance, securitization, uk, united kingdom

March 11, 2024 @ 10:35 pm By Michael Wong  |  

JB Financial Group announced plans to acquire a minority stake in Vietnamese retail investing application Infina, marking a strategic move to bolster the customer base of its securities affiliate in the fast-growing Southeast Asian market. Under the terms of the strategic partnership, JB Financial will… Read More

 Tagged Infina, JB Financial Group, vietnam

March 11, 2024 @ 10:34 pm By Omar Faridi  |  

Allianz Trade has reportedly launched Allianz Trade pay, a new range of services fully dedicated to B2B e-commerce activities. Allianz Trade pay is described as “a payment solution with a range of services dedicated to B2B e-commerce activities, including a trade credit insurance protection, a… Read More

 Tagged allianz, allianz trade, b2b, financial services

March 11, 2024 @ 8:30 pm By Michael Wong  |  

Philippine-listed network provider PLDT Inc. has announced the launch of Digico, a new digital venture created to harness the extensive data assets of the MVP Group of Companies. This initiative marks a significant move towards accelerating digital transformation and opening up new growth and value… Read More

 Tagged Digico, fintech, online payments, payments, Philippines, PLDT

March 11, 2024 @ 7:48 pm By Omar Faridi  |  

GetVantage, India’s alternative-financing fintech platform, announced the launch of its Rise-Up Fund, dedicated to supporting women entrepreneurs with inclusive capital. This non-dilutive fund with an initial corpus of $12 million. The fund aims to deploy the capital in “the next 12 months to help over… Read More

 Tagged financing, fintech adopton, getvantage, india

March 11, 2024 @ 6:51 pm By JD Alois  |  

This past week, the Consumer Financial Protection Bureau (CFPB) finalized its rules on credit late fees by reducing the legal lime to $8 from a typical fee of $32. The CFPB said that an average saving per year for consumers would be around $220, as… Read More

 Tagged cfpbs, consumer financial protection bureau, credit cards, michal selbka, rohit chopra, s&p global

March 11, 2024 @ 12:06 pm By Omar Faridi  |  

2024 has ushered in more mainstream attention with the approval of the Bitcoin ETFs, the team at SafePal noted in a recent update. Regardless of market movements, the team at SafePal claims that it continues to focus on building products, developing features, and “improving their… Read More

 Tagged SafePal, switzerland, visa

March 11, 2024 @ 11:23 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced a partnership with The Hertz Corporation to power payments for its Hertz, Dollar, and Thrifty car rental brands. Hertz explains that it will aim to “unify the majority of its in-person and online payment volume onto Stripe… Read More

 Tagged hertz, payments, stripe

March 11, 2024 @ 9:17 am By Omar Faridi  |  

Estancia Capital Partners LP is reportedly acquiring a minority stake in cash deposit platform Flagstone, so that it can provide more firepower to the UK startup’s line of savings products. Flagstone reportedly stated that the £108 million (appr. $139 million) investment from the private equity… Read More

 Tagged flagstone, savings, uk, united kingdom