October 27, 2024 @ 10:43 pm By Omar Faridi  |  

IAIM has partnered with Holtara in order to further embed sustainable lending best practice. Investec Bank plc recently announced that its Alternative Investment Management business (IAIM) has entered a partnership with sustainability services provider Holtara, part of the Apex Group. The partnership will seek to… Read More

 Tagged alternative investment management business iaim, holtara, investec bank plc

October 27, 2024 @ 5:51 pm By Tony Zerucha  |  

A new report from J.D. Power analyzes if mortgage customers are prepared for AI-powered chatbots. The signs are encouraging. Artificial intelligence (AI) is here to stay. Three-fourths of business leaders say they are planning to escalate their AI investments as they see its potential to redefine… Read More

 Tagged ai, chatbots, J.D. Power, mortgages

October 27, 2024 @ 4:50 pm By Tony Zerucha  |  

Security platform Socket recently confirmed a $40 million Series B round. It was led by Abstract Ventures, with participation from Elad Gil, Andreessen Horowitz (a16z), Bret Taylor (OpenAI), Phil Venables (Google), Scott Johnston (Docker), Christina Cacioppo (Vanta), Ann Mather (Pixar, Alphabet, Netflix, Airbnb), and Tobias… Read More

 Tagged andreesen horowitz, data security, Feross Aboukhadijeh, funding round, Ramtin Naimi, Socket

October 27, 2024 @ 4:44 pm By Omar Faridi  |  

Visa (NYSE: V), a firm focused on digital payments, announced it is working jointly with the United States Agency for International Development (USAID) to improve access to digital government systems. Following the launch of USAID’s Digital Policy, Visa and USAID will work together to develop… Read More

 Tagged digital technology, digital transformation, payments, visa

October 27, 2024 @ 4:42 pm By Michael Wong  |  

SEPA Cyber Tech Group Holding Ltd., a prominent technology developer and venture capital firm based in London, has rebranded its financial technology division as FinHub and unveiled an ambitious financial super platform under the same name. FinHub’s newly launched platform is designed to meet the… Read More

 Tagged finhub, fintech, SEPA Cyber Tech Group Holding Ltd., uk, united kingdom

October 27, 2024 @ 4:38 pm By Michael Wong  |  

Swiss-based Fintech company SONECT has announced its expansion into European Union markets, marking a strategic push to meet growing regional demand for flexible cash access and banking solutions. The move supports SONECT’s objective of providing efficient, accessible financial services across the EU, targeting both individual… Read More

 Tagged Bank Enablement, europe, sonect, switzerland

October 26, 2024 @ 3:14 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) has launched the IADS Developer Platform, a collaborative venture with the Hong Kong Science and Technology Parks Corporation (HKSTP) aimed at fostering innovation between banks and technology firms. This new platform, part of the Interbank Account Data Sharing (IADS)… Read More

 Tagged hkma, hong kong, IADS Development Platform

October 26, 2024 @ 10:58 am By Omar Faridi  |  

Bank of America (NYSE: BAC) claims that it remains dedicated to the use of innovative tech to address the needs of its clients and employees. This commitment to innovation has led to a 94% increase in artificial intelligence (AI) and machine learning (ML) “granted patents… Read More

 Tagged bank of america, banking, cx

October 26, 2024 @ 10:09 am By Omar Faridi  |  

During the past decade, the digitalization and democratization of access to financial services have transformed how people interact with money and institutions. This, according to an update shared by Nubank (NYSE: NU). Nubank pointed out in its latest update that although in the past, people… Read More

 Tagged consumer behavior, digitalization, financial services, nubank, research, survey

October 25, 2024 @ 5:11 pm By Omar Faridi  |  

Nymbus announced a partnership with PeoplesBank in order to launch two products, “Employer-led Bank” and “Union Workers Financial Services” (UWFS). This targets the need for financial wellness tools, which is said to be a direct response to the 62% of employees “stressed” about their financial… Read More

 Tagged fintech adoption, nymbus, peoplesbank