December 11, 2023 @ 11:31 am By Omar Faridi  |  

Eltropy, a digital conversations platform for community financial institutions (CFIs), announced that Eltropy’s Digital Conversations Platform is now accessible through the Jack Henry (Nasdaq: JKHY) digital banking platform. Eltropy leveraged the Banno Digital Toolkit, the same set of APIs the Banno Digital Platform is built… Read More

 Tagged banking, digital banking, eltropy, financial institutions, fintech adoption, fintech trends, insights, jack henry

December 11, 2023 @ 10:27 am By Tony Zerucha  |  

Marqeta executives predict that artificial intelligence (AI), the evolution of credit cards, and the increasing demand for customer choice will be important trends in 2024. CEO Simon Khalaf said the boring old credit card should get a facelift next year. While proving extremely popular, with… Read More

 Tagged 2024 predictions, ai, embedded finance, Karna Crawford, marqeta, Simon Khalaf, todd pollak

December 11, 2023 @ 10:17 am By Tony Zerucha  |  

The CEO of the American Fintech Council voiced his support for the Office of the Comptroller of the Currency’s recent statements on BNPL products. Phil Goldfeder said they provide clarity for banks and fintechs that offer responsible BNPL services. Goldfeder explained that responsibility includes identifying… Read More

 Tagged american fintech council, bnpl, occ, Phil Goldfeder

December 11, 2023 @ 8:47 am By Tony Zerucha  |  

Veriff, a global identity verification (IDV) provider, this week released Veriff Identity Fraud Report 2024. This analysis of global customer data suggests that overall fraud incidents are up 20% compared to last year’s findings. The authors believe this overall increase is a result of the rise in impersonation fraud and the availability of more… Read More

 Tagged David Divitt, fraud, veriff

December 11, 2023 @ 8:17 am By Omar Faridi  |  

In 2024, a few select trends could guide investors’ portfolio allocation, according to an update shared by BNP Paribas (EPA: BNP). First, the impact of higher interest rates that has “not yet been fully reflected in growth and some shortages of commodities and consumer goods… Read More

 Tagged bnp paribas, europe, financial services, investment portfolios, investment themes, outlook 2024, wealth management

December 11, 2023 @ 7:37 am By Omar Faridi  |  

Nucleus Financial Platforms, which claims to be one of the UK’s independent, adviser platform groups, has recently announced it’s reducing the standard annual Nucleus Wrap platform charge by three basis points “for holdings between £200k and £500k.” According to the update shared by Nucleus Financial… Read More

 Tagged europe, nucleus, nucleus financial platforms, uk, united kingdom

December 11, 2023 @ 7:13 am By Omar Faridi  |  

OakNorth, a UK-based digital bank, has provided a debt finance facility to support the latest acquisition project of ALMCOR and an affiliate of Cerberus Capital Management, L.P. ALMCOR claims that it has over 25 years of experience “operating in the UK and European real estate… Read More

 Tagged europe, financial services, oaknorth, oaknorth bank, uk, united kingdom

December 11, 2023 @ 7:09 am By Omar Faridi  |  

European digital bank N26 recently announced the appointment of Juan Bongiovanni to a key executive role. As noted in a blog post by N26, the digital bank confirmed the appointment of global marketing professional Juan Bongiovanni as Chief Marketing Officer. Juan will reportedly join the… Read More

 Tagged banking, digital banking, europe, germany, juan bongiovanni, n26, valentin stalf

December 11, 2023 @ 6:08 am By Omar Faridi  |  

SumUp, the global financial services company, announced it raised €285 million in funding led by Sixth Street Growth with further participation by Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group. The funding will be used “to expand SumUp’s global footprint and deliver the tools… Read More

 Tagged bain capital tech opportunities, europe, fin capital, financial services, hermione mckee, investment round, liquidity group, sixth street growth, sumup, uk, united kingdom

December 10, 2023 @ 10:37 pm By Omar Faridi  |  

Thistle Initiatives, part of the Thistle Group is pleased to announce its partnership agreement with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, “as its first trusted client compliance partner. ” As ClearBank’s partner, Thistle Initiatives provides support “on matters including,… Read More

 Tagged clearbank, europe, jennifer heathfield-lee, sophie long, thistle, thistle group, uk, united kingdom