August 14, 2020 @ 5:56 pm By Omar Faridi  |  

Guided by the government’s Fintech focused development plan and innovation strategy, China is reportedly leading the charge when it comes to establishing financial technology businesses in the country. A recent survey of business Fintech usage, performed by CPA Australia, an established accounting firm, reveals that… Read More

 Tagged ai, artifiical intelligence, chatbots, china, chinese businesses, cpa australia, cybersecurity, fintech adoption, machine learning, millennials, robo-advisors, robo-advisory service, survey report, tony chan, wealth management, wealthtech

August 14, 2020 @ 2:03 pm By Samantha Hurst  |  

Cloud-based accountancy software provider FreeAgent announced on Thursday it has launched an integration with NatWest’s online banking to allow its customers to oversee, plan, and protect their businesses. The company also announced its new partnership with UK insurer Hiscox to allow businesses to obtain an… Read More

 Tagged freeagent, integration, natwest, online banking

August 14, 2020 @ 1:44 pm By Omar Faridi  |  

The United Kingdom and the Bank of Thailand (BoT) have reportedly committed to a Memorandum or Understanding (MoU) on financial services, in order to support inclusive economic growth and development. The UK government and the BoT signed the MoU on August 7, 2020, according to… Read More

 Tagged asean, climate change, financial inclusion, fintech adoption, green initiatives, memorandum of understanding, sustainability, thailand, uk, united kingdom, veerathai santiprabhob

August 14, 2020 @ 12:43 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS), the nation’s central bank and financial regulator, recently revealed that it will commit S$250 million (appr. $182 million) in capital over the course of the next three years, in order to support the country’s financial industry. The funds are being… Read More

 Tagged ai, aida grant, artificial intelligence, cybersecurity, data analytics, digital security, fintech adoption, Fintech funding, mas, monetary authority of singapore, online security, singapore

August 14, 2020 @ 10:41 am By Omar Faridi  |  

  The Qatar Fintech Hub (QFTH), which supports financial technology service providers in Qatar and globally, confirmed recently that it has received applications from companies that are interested in establishing their operations in the Middle East. These companies are looking for a launch-pad or accelerator… Read More

 Tagged fintech adoption, middle east, qatar, Qatar Central Bank, qatar development bank, qatar fintech hub, qatar fintech strategy, qatar national vision 2030, QCB, qdb, qfth

August 14, 2020 @ 9:15 am By Samantha Hurst  |  

  AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Friday it has launched Tech Rising, an initiative spearheaded by the AvidXchange Foundation that aims to remove barriers to technology education and resources for youth and young… Read More

 Tagged avidxchange, education, tech rising, technology

August 14, 2020 @ 8:05 am By Samantha Hurst  |  

Mastercard announced on Friday it has formed a global commercial partnership with merchant software platform, Pollinate. Through the collaboration, the duo will reportedly bring the latest technology and data insights to banks serving small and medium businesses around the world. In a statement, the companies… Read More

 Tagged banking, commercial, global, mastercard, partnership, Pollinate

August 13, 2020 @ 10:45 pm By Samantha Hurst  |  

  PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Thursday it secured $100 million through its Series C funding round, which was led by Eldridge and includes existing PayActiv shareholders Generation Partners and the Ziegler Link•Age Fund II. As previously reported,… Read More

 Tagged eldridge, fintech, investment, payactiv, u.s., united states

August 13, 2020 @ 10:40 pm By Samantha Hurst  |  

 Mastercard announced earlier this week it has a new low-cost payment solution, called SME-in-a-Box,  to allow small business owners to move their businesses online and accept a range of digital payments from their customers. According to Mastercard, SME in a Box offers a low-cost acceptance… Read More

 Tagged digital payments, mastercard, payments, small businesses, sme-in-a-box, solution

August 13, 2020 @ 10:33 pm By Samantha Hurst  |  

  Loanpal, a U.S.-based residential solar financing provider, announced on Thursday it has joined forces with Blackstone (NYSE: BX), through funds managed or advised by GSO Capital Partners, to invest in up to $300 million of residential solar loans originated and serviced on the Loanpal… Read More

 Tagged blackstone, loanpal, loans, partnership, residential, solar