September 29, 2023 @ 1:58 pm By Omar Faridi  |  

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

 Tagged euroep, inflation, insights, kpmg, mortgage rates, mortgages, research, Research Report, spending, uk, united kingdom

September 29, 2023 @ 1:54 pm By Michael Wong  |  

Hispanics, which currently represent nearly 20% of the US population, are on track to reach $113 trillion in collective wealth by 2025, according to a new report released by Fintech platform Finhabits. By comparison, the total household wealth in the US in 2022 was $140… Read More

 Tagged fintech, hispanics, us, wealth

September 29, 2023 @ 10:42 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, is pleased to share mid-year results from its partnership with Operation Hope: HOPE Inside Cross River, which “provides financial literacy education and financial planning to empower local small business owners and individuals on… Read More

 Tagged cross river, cross river bank, education, embedded finance, financial literacy, john hope bryant, operation hope

September 29, 2023 @ 8:40 am By Omar Faridi  |  

Capital on Tap, the Fintech company which says it is focused on democratizing small business funding, opened the London Stock Exchange market recently in order to mark the launch of its £250 million securitization facility. The securitization, called London Cards No.1, is reportedy among the… Read More

 Tagged Capital On Tap, David Luck, financial services, london, milestone, uk, united kingdom

September 29, 2023 @ 8:03 am By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms, announces NuFuturo, an ecosystem developed in partnership with Federal Universities in Brazil to accelerate careers in technology and foster innovation. The initiative encourages the development of research “related to the fields… Read More

 Tagged brazil, digital bank, education, esg, financial services, fintech adoption, fintech trends, higher education, innovation, latam, latin america, nubank, research, South America, universities, virtual banking

September 29, 2023 @ 6:22 am By Tony Zerucha  |  

The American Fintech Council (AFC), an industry association, this week announced its support of consumer advocates seeking a stop to predatory pawn shop loans. The AFC said pawn shops exploit a loophole given to them by a judge in Sangamon County who issued an injunction… Read More

 Tagged american fintech council, Phil Goldfeder

September 29, 2023 @ 2:39 am By Omar Faridi  |  

Cardless, Inc., a San Francisco-based firm focused on financial technology, is announcing an upgrade to the Simon American Express Credit Card, providing shoppers with a greater level of rewards.” The enhanced card now offers 5% cash back on “all purchases made at any store within… Read More

 Tagged cardless, financial technology, michael spelfogel, san francisco, united states, us

September 28, 2023 @ 11:30 pm By Omar Faridi  |  

SDX, the regulated financial market infrastructure for digital assets, welcomes Hypothekarbank Lenzburg as a new member on its Central Securities Depository (CSD). SDX, licensed by the Swiss Financial Market Supervisory Authority (FINMA), operates a stock exchange and CSD “using distributed ledger technology (DLT).” With its… Read More

 Tagged central securities depository, david newns, digital assets, hypothekarbank lenzburg, infrastructure, marianne wildi, sdx, six digital exchange

September 28, 2023 @ 10:47 pm By Omar Faridi  |  

Currencycloud, the Fintech focused on simplifying business in a multi-currency world, has more than tripled its Chinese customer growth rate across Asia-Pacific since establishing its APAC headquarters in 2021, “with its Chinese client base expanding from four to 12 organisations across the region.” As one… Read More

 Tagged apac, asia pacific, Business Expansion, china, cross-border payments, currencycloud, financial servics, fintech adoption, mainland china, multi-currency transactions, rohit narang, singapore, xtransfer

September 28, 2023 @ 10:08 pm By Omar Faridi  |  

Rapyd, a global fintech firm, announced the expansion of its card acquiring solution to Singapore. This solution, when combined with Rapyd’s core Fintech as a Service platform, equips local businesses with the tools “to elevate their market presence locally and extend their global reach to… Read More

 Tagged Business Expansion, financial services, financial technology, fintech adoption, fintech trends, rapyd, singapore, southeast asia