UK’s Atom Bank and Kamma to Address Climate Change Risks

Atom Bank has announced a partnership with climate tech business Kamma. Atom will benefit from access to Kamma’s full climate suite, “offering an unparalleled view on both the physical and transition risks of its mortgage book.” Kamma will further “provide analytics on Atom’s financed emissions,… Read More

PwC Germany, FloQast to Enhance Financial Close Solutions

FloQast, a provider of accounting workflow automation software created by accountants for accountants, announced today a strategic consulting partnership with PwC Germany, a global firm focused on assurance, advisory, and tax services. This collaboration aims to transform financial close processes “for businesses across German-speaking countries… Read More

Irish Firms Have Reportedly Processed €20 Billion in Transactions via Stripe, a Financial Infrastructure Provider

Stripe, a financial infrastructure platform for businesses, recently marked its tenth anniversary serving Irish businesses, “with the release of data revealing widespread, rapid growth in the country’s internet economy.” Over the last decade, conditions for Ireland’s internet businesses “have improved dramatically.” Homegrown startups now “have… Read More

Fintech Klarna Introduces “Conscious” Shopping Tools

Klarna, the AI powered global payments network, announced the launch of several new products and services aimed to promote circularity and encourage smart shopping. With these updates, Klarna continues to evolve beyond payments “to become a starting point for every purchase for 150 million consumers… Read More

Digital Bank Revolut Is Reportedly Being Investigated by UK’s FCA Regarding Red-Flag Accounts

Digital bank Revolut is reportedly engaged in discussions with the UK’s financial regulator regarding potential failures that enabled funds to be released from customer accounts identified by the National Crime Agency as suspicious. This latest development is now part of several issues that impact the… Read More

Fintech Square Introduces Software That Turns Android Devices Into Payment Tech in Canada

Square, part of Block (NASDAQ:SQ), launched Tap to Pay on Android for sellers across Canada. The new technology enables businesses “to securely accept credit card contactless payments with a compatible Android device, at no additional cost.” With Tap to Pay on Android, Square claims it… Read More

Canadian Wealth Management Platform d1g1t Raises Equity, Debt Funding

d1g1t, a Canadian institutional-grade wealth management platform for Financial Advisors, RIAs, and Multi-Family Offices, announced that it has closed a combined equity and debt financing round. U.S. based existing investor MissionOG led the equity investment, which included participation of other top existing institutional investors: CI… Read More

Binance Says Paysafe Euro Deposits Services Suspension to Cause Interruption to Certain Crypto Services

As Paysafe Payment Solutions Limited “unilaterally” decided to stop processing EUR deposits for Binance users, Paysafe users are now “advised to take appropriate actions in advance.” Paysafe users may “convert EUR balances in their Binance accounts to USDT before 2023-10-31 at 0:00 (UTC).” Meanwhile, users… Read More

Codat Report Shows Travails, Opportunities for Fintechs

A new report from business data API provider Codat shows that business lenders continue innovating and evolving their offerings despite current economic challenges. The study of 115 business lenders in the United States and the United Kingdom shows providers are adapting their strategies and priorities to narrow in focus… Read More

UK Consumers Taking Steps to Deal with Rising Mortgage Costs – Report

A report has looked into how consumers are managing higher mortgage rates and adapting their spending due to inflation. This along with other key insights are shared in the KPMG UK’s latest Consumer Pulse research. KPMG’s Consumer Pulse survey “tracks how over 3000 consumers across… Read More

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