Hong Kong Green Week’s Finance Stream Wraps Up with Global Participation

Hong Kong City

The Hong Kong Green Week – Finance Stream concluded Friday, marking the end of a series of sustainability-themed events that drew more than 1,600 participants from almost 30 jurisdictions worldwide. The week-long initiative brought together a diverse group of stakeholders, including financial institutions, corporates, central… Read More

ClearBank, the Enabler of Embedded Banking Services, Appoints Emma Hagan as CEO of UK Operations

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, announced that Emma Hagan has been appointed CEO of ClearBank UK, and will take up the role following regulatory approval. Hagan brings a wealth of banking experience “to the role, having… Read More

Alpaca Now Supports Limit Orders and Extended Hours Trading for Fractional Shares

Alpaca now supports limit orders and extended hours trading for fractional shares. As noted in a blog post from Alpaca, trading in fractional shares is considered to be “a crucial tool for investors.” Alpaca says that it opens the door “for individuals to invest in stocks… Read More

BNPL Adoption Report: Buy Now Pay Later Client Satisfaction Improves But Service Provider Performance Varies Significantly

Although the rapid rise of Buy Now Pay Later (BNPL) services has been accompanied by a growing chorus of concern about runaway consumer debt, the customers who are using these services are growing “increasingly satisfied with their experiences.” According to the J.D. Power 2024 U.S…. Read More

Global Payments Fintech Airwallex to Expand Business Operations with New Hires

Airwallex, a global payments and financial platform for modern businesses, announced the expansion of its global leadership team, with three new hires based out of the company’s Americas headquarters in San Francisco. Jason Gottlieb joins “as VP, Financial Partnerships, Hugo Buret as Global Head of… Read More

Alloy for Embedded Finance Launches for Fintechs to Address Identity and Compliance Risks

Alloy, the identity risk management company behind nearly 600 banks and fintech companies, today announced Alloy for Embedded Finance, a new product custom-designed for sponsor banks, BaaS providers, and their fintech partners to collaboratively manage identity risk and stay ahead of regulatory requirements. Oftentimes, sponsor… Read More

Mastercard Open Banking Streamlines Debit and Digital Account Opening Services

Mastercard (NYSE: MA) announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumers and small business debit issuers as well as consumer prepaid issuers in the U.S. The program improves the digital… Read More

MercadoLibre Appoints New Fintech Chief in Brazil to Boost Financial Product Offerings

MercadoLibre Inc., the powerhouse of e-commerce and payments in Latin America, has appointed Andre Chaves as the head of its fintech division, Mercado Pago, in the country, according to a Bloomberg report. Chaves, 41, steps into his new role with a rich background in corporate… Read More

Singapore’s Nium Secures Funds Transfer License in Japan

Nium, a real-time cross-border payments firm based in the United States and Singapore, has achieved a significant milestone by becoming the first non-Japanese company to be granted a Type 1 Funds Transfer Service Provider (FTSP) license by the Japanese Financial Services Agency (JFSA). The license… Read More

Microlending Platform Baubap Secures $120m to Expand Services in Mexico

Baubap, a pioneering consumer microlending platform based in Mexico, has announced a significant boost to its operations with $120 million in debt financing obtained in a pre-Series A round. The round was led by SixPoint Capital Management, a U.S.-based fintech capital partner, marking a major… Read More

Send this to a friend