January 3, 2024 @ 8:41 am By Omar Faridi  |  

Dwayne Gefferie, a strategist helping payments companies with scaling operations, has commented on why he thinks UK Fintech Wise (LSE:WISE) and Revolut need to take HSBC‘s new initiative seriously. According to Gefferie, if HSBC‘s announcement of their new venture Zing teaches us anything, it is… Read More

 Tagged cross-border payments, hsbc, payments, revolut, wise

January 2, 2024 @ 11:30 pm By Omar Faridi  |  

Banco Central do Brasil has released operational guidelines for the Pix Automático product. Pix Automático will be available to the population in October 2024. The new feature is designed “to streamline recurring payments, including monthly service fees.” The launch of Pix Automático is drawing near…. Read More

 Tagged banco central do brasil, brazil, latam, latin america, payments, pix, pix automático product

January 2, 2024 @ 7:09 pm By Omar Faridi  |  

As we enter 2024, Madhusudan Ekambaram, Co-founder and CEO at KreditBee, has shared insights on the Fintech-sector at large as well as his outlook for 2024. Madhusudan Ekambaram, Co-founder and CEO at KreditBee said that we “have seen a robust demand for credit in the… Read More

 Tagged india, kreditbee, madhusudan ekambaram, online lending, perspective

January 2, 2024 @ 5:40 pm By Omar Faridi  |  

Branch, the workforce payments platform, released findings from the fifth annual Branch Report, which “surveys over 3,000 hourly workers across industries about their work, finances, and lifestyle.” Findings from the update shared by Branch, shared with CI, reveal that “despite low economic optimism, hourly workers… Read More

 Tagged Atif Siddiqi, Branch, payments, research

January 2, 2024 @ 9:11 am By Omar Faridi  |  

Addepar has shared its latest platform updates, along with providing research insights, and client, partner and company-wide developments. For this past month, Addepar is highlighting product updates “that elevate the Client Portal, as well as new attributes in Calculations.” Addepar also share a number of… Read More

 Tagged addepar, wealth management, wealthtech

January 2, 2024 @ 7:50 am By Omar Faridi  |  

Former CEO Dan Schulman has left PayPal’s (NASDAQ: PYPL) Board of Directors. Alex Chriss was announced as his replacement last August. PayPal confirmed this announcement last month. PayPal had officially announced that Dan Schulman will “depart from PayPal Holdings, Inc.’s Board of Directors, effective December 31,… Read More

 Tagged alex chriss, dan schulman, john donahoe, new appointments, payments, paypal, paypal holdings, peggy alford, suzan kereere, women changing finance

January 2, 2024 @ 2:22 am By Omar Faridi  |  

Jaya Vaidhyanathan, CEO, BCT Digital, recently shared key insights with CI that are focused around the banking sector and unsecured loans offered in India (along with the Reserve Bank of India’s recent policy decisions). Jaya from BCT Digital notes that as we enter 2024, the… Read More

 Tagged banking, bct digital, financial services, india, insights, jaya vaidhyanathan, loans, research, reserve bank of india, unsecured loans, women changing finance

January 1, 2024 @ 9:38 pm By Omar Faridi  |  

Europe’s equity derivatives market has historically been “dominated by national exchanges each of which have primarily focused on their domestic market, requiring participants to connect to multiple exchanges and clearing houses to achieve pan-European coverage.” Cboe Europe Derivatives (CEDX), which launched in 2021, has taken… Read More

 Tagged cedx, equity derivatives market, europe, ipc

January 1, 2024 @ 9:34 pm By Omar Faridi  |  

Hakbah – the KSA-based fintech savings platform – announces a new partnership with Tarabut – MENA’s open banking platform, and an investor in the region’s digital transformation. The partnership has several benefits for Hakbah as it “simplifies and expedites various tasks.” It will enable streamlined… Read More

 Tagged Hakbah, mena, middle east, saudi arabia, tarabut

January 1, 2024 @ 8:53 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) seeks public consultation on draft amendments to the “Key Principles of Governance in Financial Institutions under the control and supervision of the Saudi Central Bank.” In this context, SAMA invites stakeholders to “provide suggestions and observations on the draft by… Read More

 Tagged consultation, mena, middle east, SAMA, saudi arabia