Global Fintech Adyen Issued 2 Billion+ Active Network Tokens

Adyen (AMS: ADYEN), the global financial technology platform for enterprise businesses, has now issued over two billion active network tokens. This milestone shows that Adyen is paving the way for businesses “to embrace the innovation of network tokenization which converts regular card numbers into secure… Read More

Paysend, Visa Announce Global Money Transfer Partnership

United Kingdom Fintech Paysend and Visa this week announced a strategic collaboration enabling Paysend’s customers globally to send money in real-time to eligible Visa cards across 170 countries and territories. The five-year partnership aims to revolutionize international money transfers through Visa Direct, Visa’s real-time money… Read More

TransUnion Report Shows 2023 Credit Union Data Shifts

Data from TransUnion shows that rising interest rates have pooped the credit union account origination party. The newly released Q3 Credit Union Market Perspectives Report can be viewed here. Interestingly, borrowers continue to take advantage of existing credit lines as balances across most credit products… Read More

Marqeta Report Suggests Recession Fears Behind Consumer Spending Cuts

Lingering recessionary fears are causing consumers to still cut spending, according to the Q3 2023 Consumer Pulse Report released this week by Marqeta, a global card issuing platform. Marqeta’s report surveyed 3,000 consumers in the United States and the United Kingdom in partnership with Propeller… Read More

Fintech Apiture Introduces Family Banking from Greenlight to Help Institutions Support Financial Literacy

Apiture, a provider of digital banking solutions, today announced the introduction of family banking through a partnership with Greenlight Financial Technology, Inc., the fintech company on a mission “to help parents raise financially smart kids.” Through the Greenlight for Banks program, Greenlight’s family finance app… Read More

Circle Partners with Grab to Introduce Web3 Customer Experiences in Singapore

Global payments company Circle Internet Financial (Circle) and Southeast Asia’s super app Grab announced a groundbreaking partnership that aims to usher in Web3 customer experiences in Singapore. This innovative collaboration will see the integration of Circle’s new Web3 Services platform directly into the Grab app…. Read More

Digital Payment Startup Hyperjar Secures $24m in Series A Funding

London-based fintech firm Hyperjar, celebrated for its digital payment solutions and personalized rewards system, has announced raising $24 million in a Series A funding round backed by Susquehanna Private Equity Investments and the Healthcare of Ontario Pension Plan. Having its roots in 2016 and officially… Read More

ASEAN QR Code Innovation Seen to Boost Cross-border Payments, Expand MSME Market Reach

The recently introduced ASEAN QR Code innovation promises to open up a broader market for micro, small, and medium enterprises (MSMEs) by facilitating seamless cross-border payments, Pandu Sjahrir, the legacy lead of ASEAN QR Code, told Indonesia’s news agency ANTARA. This integration offers a platform… Read More

European Fintech Swan Finalizes €37M Series B to Enable Embedded Banking Transformation

Nicolas Benady, CEO at Swan, says that the fundraising is significant for reinforcing the quality and scale of their product, and it’s also notable for their customers. With Swan, it’s reportedly easy for European companies “to embed banking into their own product and reap the… Read More

CAIS, an Alternative Investment Platform for Financial Advisors, Expands Strategies of Asset Managers

CAIS, the alternative investment platform for independent financial advisors, announced an expanded menu of strategies from twelve alternative asset managers, underscoring their commitment to the independent wealth channel. Apollo Global Management, Ares Management Corporation, Bain Capital, Blue Owl Capital, The Carlyle Group, Fidelity Investments, Franklin… Read More

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