Tipalti’s New Milestone: Surpasses $10 Billion in Annual Transactions by Samantha Hurst

Japan’s MUFG to Reportedly Invest More Than $700 in South Asian Ride-Hailing Service Grab

Japan’s Mitsubishi UFJ Financial Group Inc. (MUFJ) is set to invest more than $700 million in Southeast Asian ride-hailing giant Grab. According to Bloomberg, the MUFG intends to market a range of financial services from insurance to loans to Grab’s users. Founded in 2012, Grab describes… Read More

Ally Financial Set to Acquire CardWorks For $2.65 Billion

Ally Financial Inc. (NYSE: ALLY) announced on Wednesday it has entered into a definitive agreement to acquire CardWorks, a U.S. credit card issuer focused on the non-prime segment with a complementary full-spectrum unsecured servicing operation that includes third-party servicing and recovery capabilities, in a transaction… Read More

Fiserv Teams Up with Visa, Samsung, PayCore to Test Using Smartphones as PIN-Entry Devices for Retail Payments

Fiserv, Inc. (NASDAQ: FISV), a leading multinational firm focused on offering financial services technology platforms, has teamed up with Visa, Samsung and PayCore in order to test the use of consumer-grade smartphones as PIN-entry devices for retail sales transactions. The new capability can be accessed… Read More

Standard Chartered Appoints Former Ripple Exec Kahina van Dyke As New Global Head of Digital Channels & Client Data Analytics

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Wednesday it has appointed Kahina van Dyke as its new Global Head of Digital Channels and Client Data Analytics. According to Standard Chartered, Kahina joins from Ripple where… Read More

Kabbage’s Latest Data Reveals Small Businesses’ Revenue Growth Is Stronger Than Perceived

Global financial service platform Kabbage announced on Tuesday its latest data, which polled more than 600 U.S. small business owners, revealed the majority of small businesses believe their revenue growth underperforms their peers. Specifically, 60% of respondents ranked their revenue growth below the 50th percentile… Read More

European Mobile Based Payment System Trisbee Now Seeking €250,000 Through Equity Crowdfunding Campaign on Seedrs

Trisbee, a European mobile-based payments platform, is now seeking €250,000 through its equity crowdfunding campaign on Seedrs. The platform is currently offering 12.20% in equity at a €1.8 million pre-money valuation. Launched in 2018, Trisbee is seeking to become a completely independent banking and payments… Read More

Freelancer Association IPSE Announces New Partnership With Digital Banking Group Starling Bank

IPSE, an association for contractors, consultants, interims, freelancers and the self-employed, announced on Tuesday it has formed a new partnership with UK digital banking group Starling Bank.  Through the collaboration, Starling Bank and IPSE will help freelancers insulate themselves against problems linked to uncertain cash… Read More

Mike Bloomberg’s Presidential Platform Includes Crypto and Fintech Sandbox

Mike Bloomberg, the former Mayor of New York City, a successful entrepreneur and a latecomer to the Democrat Presidential Primary, has included cryptocurrencies and Fintech as part of his financial reform platform. According to his campaign website Bloomberg plans to: “promote healthy competition in financial… Read More

A New Era in Fintech? LendingClub Reports Profitable Q4, Announces Acquisition of Digital Bank – Radius

LendingClub (NYSE:LC), the largest online lending marketplace in the United States, has simultaneously announced a GAAP profitable Q4 while revealing it has purchased a federally chartered bank, Radius Bank, thus immediately vaulting the Fintech into the hot digital banking realm. According to a release distributed… Read More

Alchemy Appoints Former Liberty Lending CEO Walt Ramsey to Advisory Board

Fintech infrastructure development company Alchemy Technologies announced on Tuesday it appointed former Liberty Lending CEO Walt Ramsey to its Advisory Board. According to Alchemy, Ramsey held various senior leadership as well as executive position at JPMorgan Chase, Lloyds Bank, Experian, GE Consumer Finance, Associates (Acquired by Citigroup) as… Read More

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