US Regulators Grant Digital Bank OakNorth Authorization for Representative Office

OakNorth – the digital bank for entrepreneurs, by entrepreneurs – announces that it has secured authorization from the Federal Reserve and the New York State Department of Financial Services (NYDFS) for a Representative Office in New York. The authorization will enable OakNorth to “proactively market… Read More

IDEX Biometrics Reaches Key Milestone for IDEX Pay by Passing Visa Certification Using VBSS Biometric Payment App

IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS biometric payment application. The IDEX Pay biometric solution includes “the IDEX Biometrics proprietary card operating system and latest technology fingerprint sensor with Infineon’s high performing SLC38… Read More

Commerzbank Opens Office in Lithuania

German Bank Commerzbank has opened a representative office in Lithuania. According to a blog post on Invest Lithuania,  the representative office in Vilnius will serve as the hub for the Baltic States of Estonia, Latvia, and Lithuania. Commerzbank is said to be focusing on trade… Read More

Dima Kats of Clear Junction Explains Why He Bootstrapped His Fintech Business

Dima Kats, Founder & CEO, Clear Junction, recently shared his views and insights with Crowdfund Insider. In April this year it was reported that Fintech funding dipped to a new four-year low, with only $7.3 billion invested in the sector globally during the first three… Read More

Bank Payments Fintech Firm Introduces GoCardless for Salesforce via its AppExchange

Bank payment company GoCardless has launched GoCardless for Salesforce on Salesforce AppExchange, an enterprise marketplace for partner apps and experts, empowering customers to access the GoCardless payments platform directly within Salesforce. Customers can tap into GoCardless’ full product suite “including Instant Bank Pay, its open… Read More

LendInvest Cuts Mortgage Rates Again

Is the market softening? LendInvest has reduced mortgage rates again—this time by 15 bps on a two-year fixed-rate product and 10 bps on a five-year loan. LendInvest said they were doing so to ensure they are offering a competitive product. At the same time, the… Read More

Digital Assets: Aquanow Partners with Zodia Custody

Aquanow, a global crypto infrastructure provider trusted by 300+ clients, is announcing a strategic partnership with Zodia Custody, an institution-first digital asset custodian backed by Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank. The partnership will see Zodia Custody “provide its enterprise custody… Read More

Fintech PayJunction Adds Text to Pay Capabilities to No-code Payments Integration, Virtual Terminal, API

PayJunction, a tech-focused payments company, announced it has added Text to Pay capabilities to its No-code Payments Integration, Virtual Terminal, and API. The new feature enables businesses “to seamlessly and securely implement Text to Pay into current invoicing workflows, enabling them to accept customer payments… Read More

Uptick in UK Money Laundering Cases Reaching Courts Marks Key Step in Combatting Illicit Finance – Report

New figures published today from KPMG UK’s mid-year Fraud Barometer show that money laundering has been the most common fraud type by value in the last six months. Nine cases have been heard in UK Crown Courts collectively “worth £128.2 million so far this year.”… Read More

TIAA Partners with Accenture to Enable Transformation of its Retirement Recordkeeping

TIAA, which claims to be the largest U.S. provider of lifetime income, announced a strategic partnership with Accenture (NYSE: ACN) to accelerate the transformation of TIAA’s retirement recordkeeping capabilities and operations. The agreement capitalizes on the strengths of “both organizations to provide next-generation technologies and… Read More

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