January 18, 2024 @ 5:57 pm By Omar Faridi  |  

Neo, the cross-border payments and FX fintech, has announced that the firm is now profitable as an increasing number of SMEs explore alternatives to banks for managing their international business needs. The Barcelona-based fintech which provides “a one-stop-shop multi-currency account for corporate treasurers recorded an… Read More

 Tagged barcelona, EU, europe, laurent descout, neo, spain

January 18, 2024 @ 1:19 pm By JD Alois  |  

  The Cambridge Centre for Alternative Finance (CCAF) was at Davos, Switzerland, today to present their latest findings on the Fintech revolution at the World Economic Forum.  The Future of Global Fintech: Towards Resilient and Inclusive Growth was published this month and introduced today, outlining… Read More

 Tagged cambridge centre for alternative finanance, ccaf, davos, drew propson, uk, united kingdom, wef, world economic forum

January 18, 2024 @ 11:09 am By JD Alois  |  

Artificial intelligence [AI] and companies leading this tech sector are the new shiny. It’s almost gold rush like as people seek to invest in AI firms as the masses finally became aware that the technology has now hit mass adoption. The catalyst is ChatGPT, which… Read More

 Tagged callie cox, etoro, research

January 18, 2024 @ 8:42 am By JD Alois  |  

Tint Finance Services, a UK-based Fintech that aims to help SMEs simplify supply chains, said it has topped $20 million (£15m) in trade finance just six months after. Tint was founded in 2023 by a group of banking and trade professionals. The mission of the… Read More

 Tagged tint, trade finance, uk, united kingdom

January 18, 2024 @ 8:30 am By Omar Faridi  |  

Payhawk, a global spend management solution, is now a licensed Electronic Money Institution (EMI) in the UK. The Financial Conduct Authority reportedly granted the license “after extensive due diligence into Payhawk’s compliance, financial, and operational processes.” The new UK EMI license will allow Payhawk to… Read More

 Tagged e-money license, fca, payhawk, uk, united kingdom

January 18, 2024 @ 5:15 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced its work with Best Buy in order “to help power the retailer’s expansion into prescription health and wellness technology products.” Stripe explains that it “provides the payments infrastructure for Best Buy’s new platform, Wellness.BestBuyHealth.com, a new convenient… Read More

 Tagged best buy, Business Expansion, digital financial services, financial infrastructure, fintech adoption, stripe

January 17, 2024 @ 9:21 pm By Omar Faridi  |  

NatWest has launched an Energy Help and Support tool to help UK businesses reduce their energy usage, cut their carbon emissions and potentially “save money on their energy bills this winter.” Research from the bank has found “that 45% of small businesses say rising energy… Read More

 Tagged natwest, natwest group, uk, united kingdom

January 17, 2024 @ 9:20 pm By Omar Faridi  |  

Aisera, a pioneer of Generative AI solutions for the enterprise, announced that Dave Inc. (Nasdaq: DAVE), one of the nation’s neobanks, has “leveraged Aisera’s technology to create DaveGPT – a generative AI assistant that offers self-service customer inquiry resolution.” Customized to Dave’s specific business needs,… Read More

 Tagged banking, dave, davegpt, jason wilk, muddu sudhakar, neobank

January 17, 2024 @ 3:57 pm By Omar Faridi  |  

Ernst & Young LLP (EY US) announced the release of its inaugural Consumer Products and Retail Executive Pulse, which shows that amid “ongoing economic pressures, CPG and retail leaders alike are planning to invest in artificial intelligence (AI), supply chain and industry convergence to tap… Read More

 Tagged ernst & young, ey, research, supply chain

January 17, 2024 @ 3:52 pm By Omar Faridi  |  

Visa (NYSE:V) announced it has completed its acquisition of Pismo – a global cloud-native issuer processing and core banking platform. With the transaction complete, the combination of Visa and Pismo will “provide clients with core banking and card-issuer processing capabilities across all product types via… Read More

 Tagged acquisition, jack forestell, pismo, ricardo josua, visa