February 21, 2024 @ 9:55 am By JD Alois  |  

SEI (NASDAQ:SEIC) has invested $10 million in TIFIN, a Wealthtech firm leveraging artificial intelligence (AI) to improve wealth management. Terms of the investment were not immediately available. SEIC currently has a market cap of around $8.9 billion. SEI is a tech firm providing services to… Read More

 Tagged sei, Sneha Shah, tifin, vinay nair, wealthech

February 21, 2024 @ 7:52 am By Omar Faridi  |  

Pepper Advantage, a global credit intelligence company, announces the appointment of Aaron Milburn as UK Managing Director. Aaron will reportedly “lead Pepper Advantage’s UK business, which manages a portfolio of £20 billion in assets under management, effective immediately.” He is taking over from Gerry McHugh,… Read More

 Tagged aaron milburn, europe, fraser gemmell, gerry mchugh, new appointments, pepper advantage, uk, united kingdom

February 21, 2024 @ 7:12 am By Omar Faridi  |  

Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, announced new features to “improve the customer experience and help entrepreneurs easily connect with the global economy.” Oren Ryngler, Payoneer Chief Product Officer,… Read More

 Tagged cx, oren ryngler, payoneer, smbs, sme's

February 20, 2024 @ 9:51 pm By Omar Faridi  |  

DTCC, the post-trade market infrastructure for the global financial services industry, today announced that Goldman Sachs & Co. LLC has “achieved a greater than 99% same-day affirmation rate and a significant improvement in settlement rates for transactions leveraging CTM’s Match to Instruct (M2i) workflow in… Read More

 Tagged dtcc, goldman sachs, risa lederhandler, val wotton

February 20, 2024 @ 9:40 pm By Omar Faridi  |  

Detected is pleased to announce its collaboration with Visa (NYSE:V) to offer businesses a fast, efficient and intelligent business onboarding process. The news extends Detected’s relationship with Visa but is a first in the US & Canada. For payment providers around the world, the complexity… Read More

 Tagged detected, liam chennells, sarah steele, visa

February 20, 2024 @ 9:39 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced that it has been selected by Tokyu to power the multinational conglomerate’s new flat-rate subscription accommodation service. Tokyu oversees more than 200 businesses “across Japan spanning transportation, real estate, and hospitality.” By partnering with Stripe, it will… Read More

 Tagged japan, stripe, takaji hataba, tokyu

February 20, 2024 @ 9:38 pm By Omar Faridi  |  

Tonik Digital Bank, the Philippines’ first digital-only neobank, revamped the Big Loan, a multipurpose loan catering to a wider range of Filipinos’ financial needs. First launched in 2023, the Big Loan reportedly “offers borrowers up to P5 million with flexible, tailored repayment options, competitive interest… Read More

 Tagged banking, online lending, Philippines, southeast asia, tonik

February 20, 2024 @ 9:36 pm By Omar Faridi  |  

Maybank introduced the myimpact SME Hub, a one-stop integrated and holistic ecosystem for Malaysian Small and Medium Enterprise (SMEs), “offering value-based solutions established on sustainable and ethical principles.” It also serves as a knowledge hub and support system “to facilitate and partner SMEs in their… Read More

 Tagged malaysia, maybank, sme's, southeast asia

February 20, 2024 @ 4:30 pm By Omar Faridi  |  

In response to continued demand for better consumer engagement tools for the digital channel, Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced it has raised $7.75 million in Series A funding, led… Read More

 Tagged banking, funding round, pulsate, sarah martin

February 20, 2024 @ 9:55 am By Omar Faridi  |  

Luzerner Kantonalbank AG (LUKB), Switzerland’s 3rd largest cantonal bank, has rolled out FM Converge, the markets and risk platform for banks and financial institutions. FM Converge comes from Finmechanics Pte. Ltd., the Singapore headquartered fast growing software company. FM Converge is described as “a high… Read More

 Tagged anindya sarkar, banking, daniel bommer, europe, finmechanics, fm converge, luzerner lantonalbank, risk management, switzerland