October 15, 2023 @ 3:00 pm By JD Alois  |  

In 2020, Braid said that sharing money should not be hard while introducing its spin on peer-to-peer transfers and group expenses. This past week, Braid founder Amanda Peyton reflected on the collapse of the Fintech she founded, and it is a cautionary note for all… Read More

October 15, 2023 @ 2:32 pm By Omar Faridi  |  

Discover Global Network, the payments unit of Discover (NYSE: DFS), has launched a new cloud-based network tokenization platform giving companies “a scalable and flexible token solution they can offer to their downstream customers and merchants.” The new platform will allow companies “to integrate stored payment… Read More

 Tagged cloud, discover, discover global network, fintech adoption, fintech trends, network tokenization, payments, tokenization

October 15, 2023 @ 12:22 pm By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment gateway, has established a partnership with Trekki NFT, and extended the functionality of its NFT Checkout in order “to support and facilitate its minting processes.” These unique NFTs, “bearing a travel theme,” are backed by the global online travel services… Read More

 Tagged alchemy, alchemy pay, checkout, crypto tokens, Crypto Transactions, digital collectibles, digital payments, digital technology, digital tokens, NFT minting, nfts, non-fungible tokens, payments

October 15, 2023 @ 11:21 am By Omar Faridi  |  

The Saudi Central Bank (SAMA) issued its semi-annual performance report of the finance companies sector and real estate refinance for H1 2023. According to the report, most of the indicators in the finance companies sector “grew at varying rates in H1 2023.” The paid-up share… Read More

 Tagged app.net, central bank, mena, mena region, middle east, progress report, real estate, reserve banks, SAMA, saudi arabia, saudi central bank

October 14, 2023 @ 6:00 pm By Tony Zerucha  |  

The CEO of the American Fintech Council blasted the Centre for Responsible Lending (CRL) for a report on earned wage access (EWA), calling it a ‘complete misunderstanding and mischaracterization of the industry” that, among other things, takes information out of context and uses ‘improper interpretations… Read More

 Tagged american fintech council, earned wage access, Phil Goldfeder

October 14, 2023 @ 5:55 pm By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension schemes, announces that it aims to reduce the emissions of its default growth fund by 75% by 2030. This new target swiftly follows the announcement that Smart Pension “had achieved a 50%… Read More

 Tagged carbon footprint, eco-friendly, emissions, europe, growth fund, investing, investments, paul bucksey, pension provider, pensions, retirement planning, smart, smart pension, sustainability, uk, united kingdom

October 14, 2023 @ 12:42 pm By Tony Zerucha  |  

The American Fintech Council (AFC), an industry association representing fintech companies and banks creating access to safe and affordable financial services, has announced that FinMkt has become its newest member. Woman-founded and owned, the AFC said the company adds an important voice to the fast-growing… Read More

 Tagged american fintech council, finmkt, luan cox, Phil Goldfeder

October 14, 2023 @ 11:38 am By Tony Zerucha  |  

MineralTree’s eighth-annual State of AP Report chronicles the effect of automation, headwinds, inflation and hybrid workplaces on AP teams. “As businesses continue to face a number of challenges and pressures, finance teams are being tasked with finding new ways to drive operating efficiencies and get… Read More

 Tagged accounts payable, ap, automation, brian greehan, mineraltree

October 14, 2023 @ 10:35 am By Omar Faridi  |  

The European Investment Fund (EIF) and KBC Insurance have announced a new investment partnership that will see the Belgium-based Banking and Insurance Group support up to €200 million of equity investments in sustainable infrastructure projects across Europe. The deal, signed in Brussels, runs over “a… Read More

 Tagged banking, belgium, eif, equity investments, europe, european investment fund, infrastructure, insurance, investment fund, investments, kbc, sustainablity

October 13, 2023 @ 10:14 pm By Omar Faridi  |  

According to the latest Royal Bank of Scotland report on Jobs survey, both permanent staff appointments and temp billings contracted sharply in September. Panellists linked reduced hiring activity “to fewer vacancies, weaker confidence around the outlook, and shortages of suitably-skilled candidates that made it harder… Read More

 Tagged europe, job report, market, research, Research Report, royal bank of scotland, scotland