February 7, 2025 @ 6:05 am By Omar Faridi  |  

Digital-only financial providers (such as neobanking platforms like Monzo, Starling Bank and Revolut as well as fintechs like Klarna), expanded their overall reach from 16% of adults back in 2018 to a significant 50% in 2024 according to research from RFI Global, the data and… Read More

 Tagged banking, neobank, research, uk, united kingdom

February 7, 2025 @ 6:03 am By Omar Faridi  |  

Fiserv, Inc. (NYSE: FI), a provider of payments and financial services tech, announced the FirstRand Group will become the “first” financial institution outside of the U.S. to commission Finxact from Fiserv — the ­cloud-native, real-time banking solution that offers enhanced access to data — to… Read More

 Tagged cloud, financial services, firstrand group, fiserv, payments

February 7, 2025 @ 6:02 am By Omar Faridi  |  

Katherine Adkins, Chief Legal Officer at BNPL Fintech firm Affirm (NASDAQ: AFRM) noted that consumer spending is like the engine that drives the American economy, accounting for about 70% of US GDP by most estimates. Katherine Adkins of Affirm also mentioned that if spending is… Read More

 Tagged affirm, bnpl, loans, pay over time

February 6, 2025 @ 9:13 pm By Omar Faridi  |  

Pirum, the tech partner for securities finance automation and collateral management, announced that Sharegain, a securities lending fintech, has gone live on Pirum TradeConnect. Stuart Jarvis, Head of Strategic Partnerships at Sharegain, said: “Pirum TradeConnect delivers the simplicity and efficiency the market has been waiting… Read More

 Tagged automation, lending, pirum, securities, sharegain

February 6, 2025 @ 6:40 pm By Omar Faridi  |  

Santander Bank, N.A. (NYSE: SAN) announced that the Openbank digital bank platform topped $2 billion in total deposits since going to market in the United States in the fourth quarter of 2024. This achievement is said to represent a key milestone in the Santander US… Read More

 Tagged banking, digital bank, milestone, openbank, santander, us

February 6, 2025 @ 6:02 pm By Omar Faridi  |  

iCapital, the global fintech platform driving the alternative investment marketplace for the wealth and asset management industries, announced a series of enhancements to its portfolio construction tool, iCapital Architect. The toolkit arms financial advisors with education and analytics and also provides the iCapital Architect technology… Read More

 Tagged alternative investments, icapital, investment portfolios, investments

February 6, 2025 @ 11:13 am By Omar Faridi  |  

BMO, in partnership with FISPAN, announced the launch of BMO Sync, a solution that integrates BMO Online Banking for Business services into Enterprise Resource Planning (ERP) and accounting systems such as QuickBooks Online, Sage Intacct, and other leading ERPs. This solution enables Online Banking for… Read More

 Tagged banking, bmo, erp, fispan

February 6, 2025 @ 11:06 am By Omar Faridi  |  

DailyPay, a worktech and provider of earned wage access and goHappy, the provider of frontline employee engagement solutions, announced a partnership designed to simplify frontline workers’ access to their earned wages. The partnership speaks to DailyPay’s commitment to making it easier for daily workers to… Read More

 Tagged dailypay, earned wage access, ewa, financial wellbeing

February 6, 2025 @ 8:16 am By Omar Faridi  |  

Thai financial market solutions firm ThaiQuest has agreed a multi-year partnership with SIX, the financial data and market infrastructure provider, to access market data from SIX and enhance its financial information business. As explained in the announcement, ThaiQuest will gain access to the SIX financial… Read More

 Tagged financial data, infrastructure, six, southeast asia, thailand, thaiquest

February 5, 2025 @ 11:13 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), one of Europe’s financial technology companies, has started using Yapily‘s account information services (AIS) to power their merchant services. Yapily will enable Adyen to deliver a better onboarding experience for customers while improving their account verification processes. Merchants that use Adyen’s services can now… Read More

 Tagged adyen, europe, open banking, yapily