September 7, 2024 @ 8:30 am By Tony Zerucha  |  

DriveWealth, a financial technology platform providing Brokerage-as-a-Service, has hired Venu Palaparthi as its chief operating officer. Palaparthi will oversee DriveWealth’s risk and compliance functions, and contribute to the company’s ongoing international expansion. He begins on Sept. 16, reporting to CEO Michael Blaugrund. “We have thoughtfully… Read More

 Tagged DriveWeath, Emily Ellis, Jason Pirrorusso, Kyla Murphy, Lauren Veisz, Marcus Anthony, Michael Blaugrund, Venu Palaparthi

September 7, 2024 @ 6:31 am By Tony Zerucha  |  

Chargeback technology platform Chargebacks911 recently announced the appointment of payments industry entrepreneur Oliver Rajic to the board of directors. In his new role, Rajic will serve as a key advisor to Chargebacks911 and its CEO, Monica Eaton. This includes assisting the company with its expansion… Read More

 Tagged chargeback, chargebacks911, monica eaton, oliver rajic

September 6, 2024 @ 4:58 pm By Omar Faridi  |  

Paystand, the global enabler of blockchain-enabled B2B payments, announced its zero-fee B2B network is expanding to Canada. While Paystand first introduced limited service in Canada in 2018, Canadian payers will now be able to “access all the benefits of the Paystand Platform and the Zero-Fee… Read More

 Tagged b2b, payments, paystand

September 6, 2024 @ 10:16 am By Omar Faridi  |  

Binance has released an update entitled, Blockchain in the Modern Payments Landscape: Synergy and Transformation. Binance Research has shared that key takeaways as follows: This Binance Research report looks at “the state of modern payments, its main pain points, and how blockchain payments can address… Read More

 Tagged binance, blockchain adoption, insights, payments

September 6, 2024 @ 8:47 am By Omar Faridi  |  

KPMG has recently commented on the latest Money and Credit data from the Bank of England. Karim Haji, Global and UK Head of Financial Services at KPMG, shared key insights on the newest Money and Credit data from the Bank of England (for the month… Read More

 Tagged bank of england, credit, insights, money data, uk

September 6, 2024 @ 8:46 am By Omar Faridi  |  

PayPal (NASDAQ: PYPL) claims it has ushered in a “new era” for customers, making it easier and more rewarding than ever to shop and pay with PayPal anywhere, anytime – both in stores and online. In addition, customers can now add their PayPal Debit Card… Read More

 Tagged apple, financial services, payments, paypal, us

September 6, 2024 @ 8:39 am By Omar Faridi  |  

Credit union balances have been rising, led by consumers on both ends of the credit risk spectrum, according to an update from TransUnion (NYSE: TRU). TransUnion’s Q3 2024 Credit Union Market Perspectives Report explores “the current state of consumer credit and its impact on credit… Read More

 Tagged credit risk, credit union, research, transunion

September 6, 2024 @ 8:36 am By Omar Faridi  |  

As consumers find ways to navigate the ever-evolving automotive finance market, leasing is re-emerging as an optimal choice for those seeking flexibility and affordability. According to Experian’s (LSE: EXPN) State of the Automotive Finance Market Report: Q2 2024, leasing witnessed “a notable increase—reaching 25.35%, up… Read More

 Tagged automotive finance, autos, experian, financing, research

September 6, 2024 @ 8:35 am By Omar Faridi  |  

Quilter, a FTSE-250 wealth manager,  has agreed to acquire Fintech NuWealth. Quilter states that this acquisition will help it pursue its objective to enhance digital capabilities “to better support customers and advisers.” With this acquisition, Quilter aims to “evolve NuWealth to work with advisers to… Read More

 Tagged acquisition, fintech, nuwealth, quilter, Wealth Manager

September 6, 2024 @ 5:45 am By Omar Faridi  |  

Complaint management is a crucial aspect of customer service and risk management in the financial services sector, according to an update from Spring Labs. These firms—including traditional banks, fintechs and insurance companies—must “adhere to various regulations and standards that require them to handle complaints in… Read More

 Tagged complaint management, financial services, risk management