June 5, 2024 @ 3:22 am By Omar Faridi  |  

Project Rialto is focused on improving instant cross-border payments via wholesale CBDC or central bank digital currency settlement The Bank for International Settlements (BIS) is introducing Project Rialto in order to explore how instant cross-border payments may be enhanced through a modular foreign exchange (FX)… Read More

 Tagged bis, cbdc, central bank digital currency, rialto

June 4, 2024 @ 10:50 pm By Omar Faridi  |  

Entrepreneurs looking to grow and scale their businesses are being urged to apply to join one of the UK’s leading accelerators, as NatWest prepares to welcome a record number of new businesses on its accelerator program in September. Up to 2500 places will be “available… Read More

 Tagged natwest, startups, uk, united kingdom

June 4, 2024 @ 9:49 pm By Omar Faridi  |  

Research from Commonwealth Bank of Australia (CBA), conducted in partnership with YouGov, reveals 59 per cent of SMEs have invested or plan “to invest in AI in the next five years (25 per cent and 34 per cent respectively), with younger business leaders owners more… Read More

 Tagged ai, australia, CBA, research

June 4, 2024 @ 8:45 pm By Omar Faridi  |  

Spiral, the Impact-as-a-Service platform for financial institutions, announced a partnership with Fidelity Bank, a Louisiana-based bank with a mission to transform the way nonprofits bank and give back to its community. Fidelity Bank’s partnership with Spiral will aim to “redefine its digital banking experience by… Read More

 Tagged banking, fidelity bank, spiral

June 4, 2024 @ 4:00 pm By Omar Faridi  |  

Pantheon, a specialist global private markets investor, and iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, have announced a partnership “to distribute Pantheon open-ended products in the wealth management channel.” With a track record for innovation and… Read More

 Tagged alternative investments, icapital, pantheon, private markets

June 4, 2024 @ 2:55 pm By Omar Faridi  |  

Founded by Nick Perrett of digital bank Tandem, Ricky Knox of Tandem and Azimo, and Phil Bungey of Nutmeg, new WealthTech platform Prosper is offering an alternative to how people save and invest. Where other FinTechs have transformed payments, currency exchange and banking, Prosper is… Read More

 Tagged financial services, prosper, wealth, wealthtech

June 4, 2024 @ 1:32 pm By Omar Faridi  |  

Zafin, the provider of SaaS core modernization and transformation solutions for banks,  announced the appointment of Michael Nitsopoulos as Chief Product Officer. Michael reportedly brings “over 23 years of experience driving product innovation and solutions across multinational organizations, including financial services, telecommunications, retail, public sector,… Read More

 Tagged digital transformation, michael nitsopoulos, saas, Zafin

June 4, 2024 @ 12:31 pm By JD Alois  |  

Abrigo has announced a commercial loan origination tool for SME lending. Abrigo Small Business Lending is said to leverage AI to help banks and credit unions boost their small business loan portfolios. The automated loan processing is said to provide a transparent, AI-powered loan scoring… Read More

 Tagged Abrigo, online lending, sme's

June 4, 2024 @ 11:12 am By Omar Faridi  |  

Modulr, the embedded payments platform, announced the launch of its innovative travel payments solution, specifically designed to address the unique needs of online travel agents (OTAs) and travel industry intermediaries. The new offering reportedly “enhances operational efficiency, streamlines reconciliation and cash flow processes, and unlocks… Read More

 Tagged embedded payments, modulr, payments, travel

June 4, 2024 @ 9:51 am By JD Alois  |  

Bitpanda, a European Fintech company that specializes in crypto, has announced a partnership with Deutsche Bank regarding payments. Bitpanda states that Deutsche Bank will provide real-time payment services for its users. Deutsche Bank will also provide local IBAN numbers for deposits for German Bitpanda users. This… Read More

 Tagged austria, bitpanda, deutsche bank, EU, europe, payments