Elon Musk’s SpaceX is now widely expected to make history with what could become the largest initial public offering ever, and it is taking an unconventional approach by reserving a substantial portion of shares for everyday investors. Reports now indicate the tech-focused company plans to… Read More
Tagged ipos, retail investors, spacex
The next battleground in global payments may be the small, frequent transfers that move across borders every day: from gig-worker payouts to marketplace vendor payments and remittances. Bank of America plans to launch a cross-border real-time payments solution next quarter, allowing corporate, commercial and financial… Read More
Tagged bank of america, global payments
GoCardless has played a key role in rolling out a new industry-driven initiative aimed at advancing open banking technology. Announced recently this month, this effort introduces Recurring Pay by Bank, a solution that promises more efficient, flexible, and affordable ways to handle repeated payments directly… Read More
Tagged gocardless, open banking, uk, united kingdom
The UK Government Digital Service (GDS) has selected Adyen (AMS: ADYEN) as its new payment services provider (PSP) for non-Crown card transactions and pay-by-bank options. This partnership positions Adyen to support around 1,000 public sector services, spanning local authorities, the armed forces, and police forces,… Read More
NatWest Group has introduced a significant commitment to its physical banking presence, announcing a £50 million investment in its UK branch network alongside a firm pledge to avoid any additional branch closure announcements until at least 2029. This move signals a shift toward balancing technological… Read More
Tagged digital transformation, natwest, natwest group, uk, united kingdom
Fintech Airwallex has announced its acquisition of Leapfin, a provider of financial data automation solutions focused on revenue recognition and reconciliation processes. This move enhances Fintech platform Airwallex’s existing offerings, enabling companies to efficiently convert raw operational transaction information into fully compliant financial statements aligned… Read More
Tagged acquisition, airwallex, leapfin, singapore
A new marketing report commissioned by Fintel Connect finds that system limitations hinder financial institutions’ abilities to measure the effectiveness of their marketing spending. The Marketing ROI Gap in Banking: How Financial Institutions Spend, Measure, and (Struggle to) Prove Marketing’s Value was completed by Cornerstone… Read More
Tagged cornerstone advisors, fintel connect, marketing
A recent survey by European digital bank bunq highlights a growing fascination with cryptocurrencies in the US, tempered by persistent barriers around knowledge, risk, and confidence in existing online investing platforms. Despite economic pressures encouraging alternative investments, only about one-third of Americans have dipped their… Read More
Tagged bunq, Crypto Adoption, digital banking, research, us
Global finance and digital assets firms are now joining forces in a landmark collaboration aimed at introducing a new stablecoin solution. Stripe, Visa (NYSE: V), and Mastercard (NYSE:MA) are said to be backing efforts to create a dedicated platform, with Coinbase (NASDAQ:COIN) actively considering joining… Read More
Tagged coinbase, stablecoins, stripe, visa
Pakistan has emerged as a fast-growing Asian middle-power with nuclear capabilities but its economy has faced major challenges over the years. Despite issues related to rampant corruption, lack of productive tech industry segments, and a high dependence on imports, Pakistan is still home to a… Read More
Tagged digital transformation, fintech adoption, pakistan, perspective, regulation
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