September 30, 2024 @ 12:58 pm By JD Alois  |  

The Digital Securities Sandbox (DSS) is now open for applications. Digital securities, or tokenized assets, are widely believed to be the future of the securities sector. While anticipation of the migration to digital from more analog issuance and trading of securities has been predicted for… Read More

 Tagged bank of england, digital securities, Digital Securities Sandbox, dss, fca, financial conduct authority, quant, uk, united kimgdom

September 30, 2024 @ 10:45 am By Omar Faridi  |  

BUSINESSNEXT, a global enabler of composable enterprise solutions for financial services, has partnered with MongoDB to support autonomous operations enhanced with predictive and generative AI for banking as well as insurance. Headquartered in New York, MongoDB enables industry participants to create, transform, and enhance various… Read More

 Tagged ai, banking, businessnext, financial services, generative ai, mongodb

September 30, 2024 @ 9:00 am By Tony Zerucha  |  

Abrigo, a provider of commercial lending software and services for U.S. financial institutions, today announced that Abrigo Small Business Lending has emerged from beta and is commercially available. Recent data from the Abrigo Customer Lending survey reveals that many financial institutions are actively seeking to… Read More

 Tagged Abrigo, ai, Jay Blandford, small business lending

September 30, 2024 @ 8:47 am By Omar Faridi  |  

UK Fintech firm Codat has recently released its FY 2023 report. The UK based Fintech Codat is reporting a modest £14 million in total revenue for this period a swell as £34 million in losses for the same financial period. Codat is a UK-headquartered fintech… Read More

 Tagged codat, smbs, sme's, uk, united kingdom

September 30, 2024 @ 8:41 am By Omar Faridi  |  

Building on the multimarket partnership to enable flexible payments adoption in the region, Mastercard (NYSE: MA) and ZOOD, one of the digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a BNPL card – ZOOD Card – in Uzbekistan. The… Read More

 Tagged bnpl, buy now pay later, fintech trends, mastercard

September 30, 2024 @ 8:40 am By Omar Faridi  |  

Scila AB, the Stockholm-based independent provider of trade surveillance, risk management and anti-money laundering (AML) technology has announced that Erste Group, a European financial institution, has implemented Scila Surveillance. Scila Surveillance is a trade surveillance cloud-powered solution meant for comprehensive monitoring of trading activities across… Read More

 Tagged erste group, europe, financial institutions, regtech, scila, sweden

September 29, 2024 @ 6:25 pm By Omar Faridi  |  

FIS (NYSE: FIS) says it will provide a complete end-to-end loyalty program management platform for Commerce Bank, a Midwest regional bank with over $30 billion in assets and nearly 160 years of history. By collaborating with FIS on this strategic initiative, Commerce Bank seeks to… Read More

 Tagged banking, commerce bank, fintech trends, fis, fis global

September 29, 2024 @ 6:22 pm By Tony Zerucha  |  

This week, Marqeta (NASDAQ: MQ), a global modern card issuing platform that enables embedded finance solutions, announced a partnership with Found, a business banking platform that supports small businesses and the self-employed. Found’s commercial card solution, powered by Marqeta, allows small businesses and self-employed entrepreneurs to… Read More

 Tagged Found, Lauren Myrick, marqeta, todd pollak

September 29, 2024 @ 6:14 pm By Omar Faridi  |  

Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential… Read More

 Tagged apollo, citi, citigroup, digital financial services

September 29, 2024 @ 6:10 pm By Omar Faridi  |  

Scotiabank is helping recent immigrants to Canada settle into their new lives faster with the expansion of its partnership with Nova Credit, the cross-border credit bureau operating in Canada. Through this partnership, Scotiabank is helping newcomers from select countries2 with the opportunity to “access higher… Read More

 Tagged canada, financial services, nova credit, scotiabank