October 25, 2023 @ 10:07 pm By Omar Faridi  |  

NYMBUS, a provider of cloud-based financial technology solutions, is announcing a strategic partnership with Gesa Credit Union. This collaboration will facilitate the launch of a digital financial brand. The alliance aims to extend the reach of the Washington-based credit union well “beyond the confines of… Read More

 Tagged cloud, financial technology, jeffery kendall, nymbus

October 25, 2023 @ 10:02 pm By Omar Faridi  |  

Ripple, the firm focused on enterprise blockchain and crypto solutions, has announced a new partnership with Uphold, the global Web3 financial platform. The partnership will see Uphold provide Ripple “with enhanced crypto liquidity capabilities to underpin and enhance its cross-border payments infrastructure.” Known for its… Read More

 Tagged blockchain adoption, Crypto Adoption, distributed ledger technology, dlt, Enterprise Blockchain, financial services, ripple, Simon McLoughlin, uphold, web 3.0, Web3

October 25, 2023 @ 10:00 pm By Omar Faridi  |  

Thought Machine, the cloud-native banking technology company, announces it has partnered with Form3, the cloud-native account-to-account platform, to add FedNow, TCH RTP and SEPA Instant Credit Transfer connectivity to Thought Machine’s payment platform, Vault Payments. This partnership brings together two payment solutions, “offering banks and… Read More

 Tagged account-to-account platform, banking, cloud, digital technology, fednow, fintech adoption, fintech trends, form3, paul taylor, payments, sepa, thought machine, vault payments

October 25, 2023 @ 9:56 pm By Omar Faridi  |  

Tuum, a core banking provider, and Plumery, the digital banking platform, confirmed a  partnership that introduces a pre-integrated headless front-end, “with a microservices based core banking solution, tailored for ambitious technology-led businesses that require the flexibility of a highly modular architecture.” With a vision to… Read More

 Tagged ben goldin, core banking, digital banking, fintech adoption, fintech trends, microservices, modular architecture, tuum

October 25, 2023 @ 9:50 pm By Omar Faridi  |  

Bakkt is pleased to share that they are supporting a new open standard for money transmission: Universal Money Addresses or “UMAs.” Bakkt has collaborated with Lightspark to be one of its initial partners, and they are pleased to announce the alpha launch of our UMA-capable Lightning service…. Read More

 Tagged bakkt, bitcoin, btc, crypto payments, Lightning Network, ln, money transmission

October 25, 2023 @ 9:48 pm By Omar Faridi  |  

Prism Data, a cash flow underwriting and data analytics platform, announced today that it has raised $5 million in seed funding. This investment round was reportedly “led by Obvious Ventures, with participation from Citi Impact Fund and Core Innovation Capital.” Prism’s new funding follows “a… Read More

 Tagged analytics, cash flow, data, digital financial services, financial services, funding, funding round, investment round, jason rosen, open banking, prism, prism data, underwriting

October 25, 2023 @ 4:30 pm By JD Alois  |  

LendingClub (NYSE:LC), a digital bank with expertise in online lending, announced Q3 results today, reporting top line revenue of $200.8 million and net income of $5 million or EPS of $0.05. The top line number was a decline from $232.5 million in Q2 and when… Read More

 Tagged digital bank, lendingclub, scott sanborn

October 25, 2023 @ 2:29 pm By JD Alois  |  

Freemarket has been approved by the Central Bank of Ireland as a Payment Institution. The UK-based Fintech provides B2B payments and currency exchange. Freemarket said the approval will help with its European expansion plans as it now has access to all EEA countries. Freemarket has… Read More

 Tagged EU, freemarket, ireland, payments

October 25, 2023 @ 2:20 pm By Omar Faridi  |  

Capchase, the revenue acceleration platform for Software-as-a-Service (SaaS) companies, announced a global partnership with Republic – an ecosystem of Web3 optimized financial services that are “building the digital infrastructure required to support a fully democratized future of finance.” The partnership will enable Republic’s global portfolio… Read More

 Tagged capchase, chuck pettid, republic, saas, software as a service, web 3.0, Web3

October 25, 2023 @ 11:45 am By JD Alois  |  

US-based switching platform Squeeze has acquired UK-based Youtility, an embedded finance management firm working with banks and Fintechs. The terms of the acquisition were not revealed by the companies. Youtility’s tech platform is backed by some big firms, including Barclays, The Joseph Rowntree Foundation, Big… Read More

 Tagged uk, youtility