November 23, 2024 @ 5:58 pm By Omar Faridi  |  

Digital banking platform Nubank‘s (NYSE: NU) rise to Brazil’s “number one” bank provider is highlighted in an update which noted that the challenger has now overtaken Banco do Brasil, the country’s oldest bank founded in 1808, signifying a “paradigm shift” in the banking industry. By… Read More

 Tagged brazil, digital banking, fintech adoption, latam, nubank, research

November 23, 2024 @ 5:57 pm By Omar Faridi  |  

Wirex, a Web3 money app, is pleased to announce a global alliance with Banking Circle, a provider of innovative banking services. This collaboration is expected to significantly enhance Wirex’s financial operations across the globe, empowering users with seamless banking solutions. Under the partnership, Banking Circle… Read More

 Tagged banking circle, ukl, united kingdom, wirex

November 23, 2024 @ 5:55 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial technology platform for businesses, has announced its long-term strategic partnership with Spendesk, the spend management platform for medium-sized businesses. The partnership will support innovation in embedded financial services, as Spendesk continues to accelerate bringing products to market in 2025, and Adyen… Read More

 Tagged adyen, financial technology, smbs, spendesk

November 23, 2024 @ 5:50 pm By Omar Faridi  |  

One of the world’s largest fintechs, Finastra, recently experienced a major data breach. Since Finastra’s solutions have been used across large banking service providers, it is likely that many financial services firms may experience challenges when it comes to user privacy and security. According to… Read More

 Tagged data, financial institutions, finastra, security breach

November 23, 2024 @ 5:48 pm By Tony Zerucha  |  

Chartered commercial broker Konsileo has completed a £8 million raise to accelerate its expansion across the UK. Konsileo specializes in mid-market advised sales for small, medium, and mid-corporate businesses. The £8 million raise is a mixture of debt and equity financing led by long-term shareholders… Read More

 Tagged John Warburton, Kimberly Martin, Konsileo, Steve Harris

November 23, 2024 @ 5:46 pm By Omar Faridi  |  

Checkout.com, a global digital payments company, has helped Papa Johns UK improve its payments performance and expand its payment method offerings. The result is an improved digital payments experience for Papa Johns UK customers, ensuring smooth and secure online transactions “across its 400 locations nationwide.”… Read More

 Tagged checkout.com, digital commerce, digital payments, uk

November 23, 2024 @ 5:41 pm By Omar Faridi  |  

Revolut has revealed its 2025 vision, with AI assistant, mortgages, and ATMs reportedly on the horizon. Revolut co-founders Nik Storonsky and Vlad Yatsenko took to the stage at the company’s The Revolutionaries event in London in order to mar 50 million Revolut customers and share… Read More

 Tagged ai, banking, digital bank, nik storonsky, revolut, uk, united kingdom

November 23, 2024 @ 5:40 pm By Michael Wong  |  

Philippine fintech startup Salmon is aiming to secure a thrift bank license for the Rural Bank of Santa Rosa as part of its strategic expansion in the country, according to company officials. The move is intended to transform the rural bank into a retail-oriented thrift… Read More

 Tagged Philippines, Rural Bank, salmon

November 22, 2024 @ 4:35 pm By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) is participating in an EU Technical Support Instrument (TSI) project which will support Malta in the area of financial literacy, with the purpose of improving the financial literacy levels of the Maltese population, “including retail investors.” The project is… Read More

 Tagged EU, financial literacy, financial wellbeing, malta, mfsa

November 22, 2024 @ 10:31 am By Omar Faridi  |  

Research from NatWest reveals the fast pace of change in the payments behaviors of consumers across the United Kingdom. As digital payments become more available, in 2024, merely 8% of adults report that they still use cash and coins “all of the time,” according to… Read More

 Tagged cash, consumer behavior, natwest, payments, research, uk