October 31, 2023 @ 9:42 pm By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced an agreement to place a $375 million personal loan securitization exclusively with funds and accounts managed by BlackRock (NYSE:… Read More

 Tagged anthony noto, blackrock, digital financial services, sofi, sofi technologies, united states, us

October 31, 2023 @ 9:40 pm By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s leading digital marketplace bank, released key findings from the 27th edition of the Reality Check: Paycheck-To-Paycheck research series. The Savings Deep Dive Edition “examines consumers’ ability to preserve their savings in the current economic… Read More

 Tagged alia dudum, cost of living crisis, financial services, insights, lendingclub, lendingclub corporation, money management, paycheck to paycheck, research, Research Report, united states, us

October 31, 2023 @ 6:43 pm By Omar Faridi  |  

Small business owners are more optimistic about the future than they were a year ago, with slightly more than half (54%) “saying their business is financially healthy, but inflation is still having a negative effect.” According to the J.D. Power 2023 U.S. Small Business Banking… Read More

 Tagged banking, financial services, insights, jd power, jdpower, research, Research Report, Research Study, small businesses, smbs, sme's, united states, us

October 31, 2023 @ 5:21 pm By Omar Faridi  |  

In the realm of financial technology, Spaceship claims that it is set to transform the investment experience for young Australians. The company has reportedly “established itself as a visionary in the field but has strategically chosen Alpaca as a service provider to further enhance its… Read More

 Tagged alpaca, australia, Customer Experience, cx, financial technology, investing, investments, spaceship

October 31, 2023 @ 5:16 pm By Omar Faridi  |  

Featurespace, the enterprise grade technology that prevents fraud and financial crime, has launched TallierLTM– the Large Transaction Model (LTM). TallierLTM, a foundation AI technology for the payment and financial services industry, “is a large-scale, self-supervised, pre-trained model designed to power the next generation of AI… Read More

 Tagged digital technology, dr david sutton, featurespace, financial crime, fintech adoption, fintech trends, fraud prevention

October 31, 2023 @ 2:27 pm By JD Alois  |  

The Subcommittee on Financial Institutions and Monetary Policy, part of the House Financial Services Committee, has scheduled a hearing entitled; “The Tangled Web of Global Governance: How the Biden Administration is Ceding Authority Over American Financial Regulation.” The United States is home to the most… Read More

 Tagged house financial services committee

October 31, 2023 @ 2:07 pm By JD Alois  |  

TrueLayer has issued an update stating they will be enabling William Hill, a UK gaming operator, to provide instant pay-ins and pay-outs for its customers. William Hill provides sports betting, poker, and more. TrueLayer says the winnings can be transferred instantly into a user’s bank… Read More

 Tagged gaming, open banking, truelayer

October 31, 2023 @ 1:57 pm By Omar Faridi  |  

Nubank (NYSE:NU) has surpassed 90 million customers in Latin America in its operations in Brazil, Colombia, and Mexico, consolidating its position as one of the fastest-growing financial services companies in the world. David Vélez, Nubank’s founder and CEO, at an event for the press and… Read More

 Tagged brazil, Business Expansion, colombia, david vêlez, digital banking, financial services, fintech adoption, fintech trends, latam, latin america, mexico, milestone, nubank, South America, virtual bank

October 31, 2023 @ 10:28 am By Omar Faridi  |  

Despite a challenging economic environment, 101 new businesses were created every hour across the UK in the first half of 2023, according to research by iwoca – one of Europe’s largest small business lenders. Analysis of Companies House data reveals “that over 436,000 businesses were… Read More

 Tagged business growth, europe, financial services, iwoca, london, research, scotland, seema desai, small businesses, smbs, sme's, uk, united kingdom

October 31, 2023 @ 10:25 am By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, and Mercer, the global consulting and investments leader and a business of Marsh McLennan (NYSE:MMC),  launch a new pension solution to meet the accelerating demand for modern retirement technology amongst the UK’s 5.5 million small and… Read More

 Tagged digitalization, europe, financial services, investments, jamie fiveash, marsh & mclennan, mercer, pensions, smart pension, smbs, sme's, uk, united kingdom, workplace pension providers