September 11, 2023 @ 9:59 pm By Omar Faridi  |  

Clients can gather all of their payroll data in one global report with Deel Payroll Connect. As explained by Deel in a blog post, Payroll Connect allows clients “to standardize payroll reporting across all of your entities— even if you use different payroll providers.” Deel… Read More

 Tagged deel, digital technology, digital tools, digitalization, fintech adoption, fintech trends, payroll, remote working

September 11, 2023 @ 9:53 pm By Omar Faridi  |  

Scholar Fund is a non-profit offering education, workforce placement, and financial assistance for underserved communities. Recently, they managed the application and distribution of “a $5 million fund supporting over 6,000 Washington families and 20,000 children that are 200% below the poverty line.” To make this a… Read More

 Tagged digital financial services, digital identity, digitalization, education, financial assistance, financial infrastructure, financially underserved, fintech adoption, fintech trends, fraud prevention, non profit, plaid, underserved communities

September 11, 2023 @ 3:56 pm By Omar Faridi  |  

Easier access to financial services in comparison to traditional banks is “a key reason for 41% of consumers turn to embedded financial services,” according to a new study by Solaris and Roland Berger. The ‘Disrupting the value chain for financial services – How to drive… Read More

 Tagged embedded finance, embedded financial services, financial services, research, Research Study, roland berger, solaris

September 11, 2023 @ 3:54 pm By Omar Faridi  |  

Sacyr published its Sustainable Financing Framework to integrate sustainability into the company’s financing policy. The document incorporates “all current types of sustainable financings existing in the market, and it follows the International Capital Market Association (ICMA) and the Loan Market Association (LMA) principles for green,… Read More

 Tagged CaixaBank, esg, europe, financing, integration, sustainability

September 11, 2023 @ 3:01 pm By Omar Faridi  |  

Although the US Federal Reserve has been increasing interest rates, lenders have also been increasing consumers’ access to credit. Along with opening up a “record” $89 billion in new credit card accounts during the year’s first quarter, banking institutions also boosted spending limits on 18.4… Read More

 Tagged consumer spending, credit cards, financial services, research, Research Report, united states, us

September 11, 2023 @ 2:33 pm By Omar Faridi  |  

Recently, several reports covered an update from the WSJ regarding “credit card fees.” Unfortunately, the story is wrong, Mastercard (NYSE: MA) claims. According to Mastercard, the reporting relies upon a report “produced by an advisory firm advocating for legislation currently under consideration in Congress.” Mastercard… Read More

 Tagged credit cards, digital transactions, financial services, mastercard, misinformation, Payment Cards, payments

September 11, 2023 @ 10:24 am By Omar Faridi  |  

A report from Xero, the global small business platform, has revealed “that 48% of U.S. small business owners have experienced an extreme or high impact from inflation on their cash flow over the past six months, and 44% expect inflation to continue to have a… Read More

 Tagged ben richmond, cash flow, financial services, inflation, research, Research Report, small businesses, smbs, sme's, survey, xero

September 11, 2023 @ 9:45 am By Omar Faridi  |  

Human Interest, which claims to be the “fastest-growing,” and “top-rated” 401(k) provider, introduces Fast Track 401(k), a radically simplified way for small and medium-sized businesses (SMBs) to purchase and design a new 401(k) plan. Fast Track 401(k) is the latest step in Human Interest’s mission… Read More

 Tagged 401k, human interest, kristina wallender, small businesses, smbs, sme's, united states, us

September 11, 2023 @ 8:19 am By Omar Faridi  |  

Nucleus Financial Platforms, one of the UK’s independent adviser platforms, have announced that its acquisition of the Curtis Banks Group has received all necessary regulatory approvals. The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA), and Solicitors Regulation Authority (SRA) have all “issued their approvals,… Read More

 Tagged acquisition, europe, nucleus, nucleus financial platforms, Regulatory Approval, uk, united kingdom

September 11, 2023 @ 8:12 am By Omar Faridi  |  

Drawing insights from independent research, including a survey of 250 executives and managers from UK banks or financial firms, Weavr’s whitepaper provides “a comprehensive look at current attitudes towards, and actions to develop, embedded-finance offerings by UK financial institutions.” Amongst the key findings, the research… Read More

 Tagged alex mifsud, embedded finance, europe, finance, financial institutions, financial services, insights, research, Research Report, Research Study, uk, united kingdom