March 29, 2025 @ 10:01 am By Omar Faridi  |  

Addepar, a wealth management technology platform, is charging into 2025 with several key updates that aim to enhance efficiency, improve insights, and strengthen client relationships for investment professionals. From leveraging artificial intelligence (AI) to streamlining alternative investment workflows, the company’s updates reveal a sharp focus… Read More

 Tagged addepar, us, wealth management, wealthtech

March 29, 2025 @ 8:33 am By Omar Faridi  |  

As flower orders surge ahead of Mother’s Day, global digital payments company Checkout.com is supporting Interflora to deliver high performing payments at scale. The partnership has enabled a “95.4% net acceptance rate” across Interflora’s European markets, helping the international flower delivery network “meet peak demand… Read More

 Tagged checkout.com, europe, Interflora, payments

March 29, 2025 @ 7:58 am By Omar Faridi  |  

Michael Linford, Chief Operating Officer of Affirm (NASDAQ: AFRM), addressed the growing popularity of pay later products. With the pay later / flexible payments sector making headlines—driven by competitive shifts and partnerships—Linford has outlined what sets Affirm apart from other pay over time fintech players…. Read More

 Tagged affirm, bnpl, klarna

March 28, 2025 @ 5:46 pm By Michael Wong  |  

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed an investment of up to $75 million in a senior tranche of asset-backed securities (ABS) to support digital lending operations by SeaMoney (Capital) Co Ltd in Thailand. The senior tranche will… Read More

 Tagged digital lending, SeaMoney, thailand

March 28, 2025 @ 2:03 pm By Omar Faridi  |  

Online cash advance company Cleo AI has agreed to pay $17 million to settle the Federal Trade Commission’s allegations that the company allegedly “deceived” consumers about “how much money they could get and how fast that money could be available.” The complaint, filed in federal… Read More

 Tagged cash advance, cleo ai, enforcement action, ftc, us

March 28, 2025 @ 1:17 pm By Omar Faridi  |  

Tuum, a “next generation” core banking provider, announces the renewal of its core banking software services agreement with Fiinu Plc, a UK-based fintech and creator of the Plugin Overdraft. This renewed collab reportedly supports Fiinu’s strategic white-label model, enabling open banking-driven “credit innovation at scale.”… Read More

 Tagged core banking, fiinu plc, tuum, uk

March 28, 2025 @ 1:02 pm By Omar Faridi  |  

Mendel, Latin America’s enterprise spend management platform, announced the closing of a $35 million Series B round led by Base10 Partners with participation from PayPal Ventures, and “support from existing investors Infinity Ventures, Industry Ventures, Hi.vc. Endeavor Catalyst is also investing.” Mendel is gaining traction… Read More

 Tagged latam, mendel, PayPal Ventures, spend management

March 28, 2025 @ 1:00 pm By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) is poised to abandon its interpretive rule that would have subjected buy now, pay later (BNPL) “pay-in-four” lenders to the same regulatory framework as traditional credit cards. This decision marks another significant rollback for the agency under its current… Read More

 Tagged bnpl, cfpb, interpretive rule, pay over time, us

March 28, 2025 @ 12:58 pm By Omar Faridi  |  

In an uncertain economic environment in which overall consumer financial health,1 total deposits, annual household income and total investments are declining, retail bank customer satisfaction is on the rise. This, according to an update from JDPower. According to the J.D. Power 2025 U.S. Retail Banking… Read More

 Tagged cx, digital banking, research, Retail Banking, us

March 28, 2025 @ 11:21 am By Omar Faridi  |  

Backbase, the engagement banking provider, announces Tirana Bank has chosen its Engagement Banking Platform to power an ambitious digital transformation that will aim to “reshape banking experiences for their new and existing customers.” The partnership represents Tirana Bank’s “largest-ever” technology investment, surpassing previous “core banking… Read More

 Tagged backbase, digital transformation, engagement banking, tirana bank