January 15, 2024 @ 8:27 am By Omar Faridi  |  

Scotland’s Fintech cluster has reportedly experienced a 24% increase in overall jobs within fintech as Fintech Scotland, the cluster management organization, marks its sixth year of supporting the ecosystem. Regularly delivering on Scotland’s goal to considerably boost fintech-focused roles, the nearly  25% growth is being… Read More

 Tagged fintech scotland, Jane Martin, Nicola Anderson, scotland, scottish enterprise, uk, united kingdom

January 15, 2024 @ 8:16 am By Omar Faridi  |  

UK’s ThinCats is reporting that lending is up more than 30% in 2023 to record levels. In total, ThinCats has now lent “more than £1.7bn to businesses across the UK while assets under management stand at £790 million.” Despite a challenging economic environment, ThinCats has… Read More

 Tagged amany attia, Dan Hartley, europe, lending, online lending, thincats, uk, united kingdom

January 15, 2024 @ 7:01 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and paymints.io, a cloud-based financial operating system for digital payments that allows title insurance companies and real estate brokerages to send and receive digital payments in and out of escrow accounts, announced the… Read More

 Tagged cloud, cross river, cross river bank, keith vander leest, payments, rtp network

January 15, 2024 @ 5:22 am By Omar Faridi  |  

‍Small business optimism returns in 2024, as half of SMEs anticipate growth this year, according to new research from iwoca – which claims to be one of Europe’s largest small business lenders. iwoca also mentioned that nearly half (47%) of small business owners “surveyed expect… Read More

 Tagged europe, insights, iwoca, research, small businesses, smbs, sme's, uk, united kingdom

January 14, 2024 @ 5:40 pm By Omar Faridi  |  

Global Fintech Broadridge Financial Solutions, Inc. (NYSE:BR) announced the launch of OpsGPT, a new capability for operations users, analysts, and management teams to transform their operations across the post-trade lifecycle. Powered by Generative AI (GenAI) and Large Language Model (LLM) technology, OpsGPT uses transactions, settlements… Read More

 Tagged ai, artificial intelligence, broadridge, broadridge financial solutions

January 14, 2024 @ 5:38 pm By Omar Faridi  |  

Pakistan’s Caretaker Federal Minister for IT and Telecom, Dr. Umar Saif said that there are some positive developments to look forward to this year. During an event called Tech Destination Pakistan, Dr. Umar Saif revealed that starting in February of this year, a pilot project should… Read More

 Tagged freelancers, pakistan, payments, paypal, Umar Saif

January 14, 2024 @ 5:35 pm By Omar Faridi  |  

In a move to foster global education and support aspiring students, Prodigy Finance has announced that it is now financing international master’s students “to pursue their studies in Australia.” Prodigy Finance, a social impact-driven FinTech and an international student loan lender is committed “to breaking… Read More

 Tagged australia, education, prodigy finance, students

January 14, 2024 @ 5:30 pm By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, announced the appointment of Paul Staples as Group Head of Embedded Banking and Nick Ford as Group Head of Channels and Alliances. Paul has reportedly had “a 20-year career in banking, and building… Read More

 Tagged andrew barker, clearbank, embedded banking, financial institutions, new appointments, nick ford, paul staples, real-time clearing

January 14, 2024 @ 5:16 pm By Omar Faridi  |  

Defining “competitiveness” in financial services is not a simple task, according to an extensive industry report. The aim of the report, produced by Luxembourg for Finance (LFF) in partnership with OMFIF, is to consider “the relative competitiveness of the European financial services industry against their… Read More

 Tagged europe, financial services, finserv, fintech adoption, insights, luxembourg for finance, omfif, Research Report

January 14, 2024 @ 5:14 pm By Omar Faridi  |  

bunq, a Dutch digital banking platform, has started describing itself as “the first AI-powered bank in Europe.” However, like most firms that claim to leverage AI, there is more hype than actual value being delivered to consumers. During the past few years, artificial intelligence has… Read More

 Tagged ai, artificial intelligence, bunq, digital banking, dutch bank, europe, fintech adoption, fintech trends, insights, netherlands, product review