Philippines: Central Bank, Labor Department Push for Digital Wage Payment

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, along with the Department of Labor and Employment (DOLE) held the 2nd Financial Inclusion Forum for the Labor and Employers Sector on July 30 at the BSP’s Manila Head Office. The discussions centered… Read More

Moody’s and Elliptic to Use On-Chain and Off-Chain Data for Streamlined Digital Asset Risk Management

Moody’s and Elliptic, key players in global compliance and third-party risk management and digital asset risk management respectively, have announced a strategic alliance to revolutionize virtual asset service provider (VASP) screening through the seamless integration of on-chain blockchain data with traditional off-chain data sources. In… Read More

Fintech Solutions Provider NYMBUS Secures Investment from Gesa Credit Union

NYMBUS, a provider of Fintech solutions, has secured a strategic investment from Gesa Credit Union, a $5.5B+ Washington-based financial institution serving nearly 290,000 members across the Pacific Northwest. This investment will fuel Nymbus’ ongoing mission “to help credit unions create sustainable growth in an increasingly… Read More

74% Want More Personalized Banking: Q2 Report

This week, Q2 Holdings, a provider of digital transformation solutions for financial services, announced the release of a new Harris Poll consumer report, The Personal Bank: Delivering personalized experiences across generations. The report reveals that consumers across generations have similar perspectives, behaviors, and preferences about banking…. Read More

SigFig, a Digital Wealth Management Solutions Provider, Announces New Capabilities

SigFig, a digital wealth management solutions and technology provider for financial institutions and their advisors, announced new capabilities, including AI-powered functions, to its financial advisor collaboration platform, Engage. Powering collaborative digital experiences for “the most essential aspects of financial advisor and client relationships, Engage is… Read More

Singapore’s Financial Sector Embraces Quantum Tech for Enhanced Security

The Monetary Authority of Singapore (MAS), in collaboration with major banks DBS, HSBC, OCBC, UOB, and tech firms SPTel and SpeQtral, have initiated a significant move towards enhancing cybersecurity in the financial sector with the signing of a Memorandum of Understanding (MoU). This agreement sets… Read More

Fintech Zip Announces Partnership with Stripe in the US to Enable Business Growth

Zip (ASX: ZIP), a digital financial services company offering innovative, people-centered products, announced its integration as a payment method for U.S. merchants using Stripe. With the new integration, eligible merchants can easily enable Zip as “a payment method with a single click, which can help… Read More

PayQuicker, a Global Payouts Orchestration Provider, Teams Up with Fintech Thunes

PayQuicker, an enabler of global payouts orchestration, announced a collaboration with Thunes, a global money movement innovator, to expand its e-Wallet payout capabilities worldwide. The collaboration aims to address the increasing demand “for more diverse, and flexible payout methods, especially in emerging markets where e-Wallets… Read More

Communify to be Combined with Fincentric, a Digital Experiences Provider, Curating Financial Data Distribution

Communify, a Just Build It (JBI) company led by the former founders of InvestCloud, in partnership with Stellex Capital Management, will be combined with Fincentric (formerly known as Markit On Demand), a provider of digital experiences, curating financial data distribution and other solutions, which was… Read More

Amount, a Decisioning SaaS Platform Powering Small Business Loan Origination, Announces Equity Capital Raise

Amount, a digital origination and decisioning SaaS platform powering consumer and small business deposit account opening and loan origination, announced the successful close of a $30 million equity capital raise. The company will use the funds to further “invest in its world-class technology and accelerate… Read More

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