Compliance Tech Sovos Welcomes 2 to Executive Ranks

Global compliance technology solutions and services provider Sovos this week announced the addition of two technology industry veterans to its executive leadership team. Alice Katwan joins as president of revenue, and Eva Krauss returns as chief transformation officer. Both are new roles. In a statement,… Read More

Earned Wage Access Fintech EarnIn Joins American Fintech Council

The American Fintech Council, an industry association representing fintech companies and banks, this week announced that EarnIn has become its newest member. EarnIn will join a growing group of diverse industry-leading earned wage access  companies. “EarnIn will add an important voice to a growing chorus… Read More

Mastercard, Fintech Saudi to Support Digitalization of Financial Services

Mastercard (NYSE: MA) and Fintech Saudi have announced the signing of a memorandum of understanding during Seamless Saudi Arabia 2023 “to advance the growth and development of the Saudi Arabia fintech industry.” The announcement marks another step “towards powering an inclusive digital economy and advancing… Read More

Fintech Finastra Enhances Loan Document Solutions with LaserPro in the Cloud

Finastra announced that LaserPro, its loan document preparation system used by more than 2,500 financial institutions, is now available in the cloud. This strategic launch of LaserPro in the cloud streamlines loan document compliance management capabilities “for financial institutions with a Software as a Service… Read More

Digital Banking: Nubank Strengthens Presence in Mexico with Launch of Personal Loans

Nu Mexico announces the launch of its new product: personal loans. Like all Nu products, the launch will follow “a phased rollout process, starting in the coming days with a group of employees who will begin testing the product, to then expand the offering to… Read More

Australia: CBA Enhances Digital Lending Capabilities with Acquisition of Fintech Waddle

Commonwealth Bank of Australia (CBA) announced its venture-scaling arm, x15ventures, has entered an agreement “to acquire cloud-based invoice lending platform Waddle, accelerating the bank’s ambition to provide leading working capital solutions for Australian businesses.” CBA has an existing partnership with Waddle “through its Stream Working… Read More

Proptech: Fundrise Innovation Fund Invests in Jetty, a Financial Services Platform for Rental Real Estate Industry

The Fundrise Innovation Fund has invested $2 million into Jetty, a financial services platform for the rental real estate industry. Rental housing represents roughly 12% of US GDP, “making it the largest addressable market by several measures.” Yet, it has historically “been overlooked in spite… Read More

evolutionQ Engaged by Bank of Canada to Conduct Research on Quantum-Safe Tech for Virtual Currencies

evolutionQ, a quantum-cybersecurity company, is pleased to announce a contract to contribute to a Bank of Canada research project involving quantum-safe cybersecurity technologies for greenfield digital currencies. This work highlights the commitment of evolutionQ “to understanding the risk posed by quantum computers to emerging financial… Read More

Small Business Financial Confidence Report Reveals Impacts of Economy on Financial Decision-Making

In the inaugural Small Business Financial Confidence Report, it was revealed that 54% of small business owners surveyed stated they “felt very confident in their ability to make sound growth decisions.” The latest data polled and shared by American Express (NYSE: AXP) two months later… Read More

Matera Brings Scalable Ledger Tech to US Financial Institutions, Enabling Digital Transformation Without Risk

Matera, maker of instant payments, QR code and digital ledger technology, announced the launch of Digital Twin. Digital Twin is described as a “one-of-a-kind cloud-native software that sits on top of a financial institution’s core banking platform to enable real-time transaction authorizations and balance updates… Read More

Send this to a friend