March 2, 2024 @ 4:24 pm By Omar Faridi  |  

Alloy, the identity risk management company behind nearly 600 banks and fintech companies, today announced Alloy for Embedded Finance, a new product custom-designed for sponsor banks, BaaS providers, and their fintech partners to collaboratively manage identity risk and stay ahead of regulatory requirements. Oftentimes, sponsor… Read More

 Tagged alloy, baas, digital identity, embedded finance, fintech adoption, tommy nicholas

March 2, 2024 @ 4:22 pm By Omar Faridi  |  

Mastercard (NYSE: MA) announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumers and small business debit issuers as well as consumer prepaid issuers in the U.S. The program improves the digital… Read More

 Tagged mastercard, open banking, Silvana Hernandez

March 2, 2024 @ 1:51 pm By Michael Wong  |  

MercadoLibre Inc., the powerhouse of e-commerce and payments in Latin America, has appointed Andre Chaves as the head of its fintech division, Mercado Pago, in the country, according to a Bloomberg report. Chaves, 41, steps into his new role with a rich background in corporate… Read More

 Tagged Andre Chaves, brazil, e-commerce, fintech, mercadolibre, payments

March 2, 2024 @ 8:58 am By Michael Wong  |  

Nium, a real-time cross-border payments firm based in the United States and Singapore, has achieved a significant milestone by becoming the first non-Japanese company to be granted a Type 1 Funds Transfer Service Provider (FTSP) license by the Japanese Financial Services Agency (JFSA). The license… Read More

 Tagged cross-border payment, digital payment, japan, nium, singapore

March 2, 2024 @ 8:57 am By Michael Wong  |  

Baubap, a pioneering consumer microlending platform based in Mexico, has announced a significant boost to its operations with $120 million in debt financing obtained in a pre-Series A round. The round was led by SixPoint Capital Management, a U.S.-based fintech capital partner, marking a major… Read More

 Tagged Baubap, digital lending, mexico, Microfinancing, SixPoint Capital

March 1, 2024 @ 7:19 pm By Omar Faridi  |  

Appian (Nasdaq: APPN) has partnered with Symphony, the markets’ infrastructure and technology platform, to help banks and financial services firms communicate, collaborate, and automate compliantly in a highly competitive and regulated market. The partnership will enable customers to “embed auditable, compliance-enabled omnichannel communications on popular… Read More

 Tagged appian, banking, brad levy, michael beckley, symphony

March 1, 2024 @ 7:00 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has partnered with Loop, a digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions. The partnership will see Loop “expand its portfolio, enhance its… Read More

 Tagged adam jones, ali alobaid, credit cards, loop, mastercard, mena, payments, SAMA, saudi arabia

March 1, 2024 @ 6:12 pm By Omar Faridi  |  

Responding to growing demand for Finance-as-a-Service propositions in the Middle East, additiv, a global enabler of Fintech and embedded finance, has announced that it is expanding its presence in Dubai, UAE by opening a new, fully operational office location in the heart of Dubai International… Read More

 Tagged difc, dubai, embedded finance, niraj naetsawan, thomas schornstein, uae

March 1, 2024 @ 4:30 pm By JD Alois  |  

As of today (March 1, 2024), if you have an Apple Card, you may hold up to $1 million in your Apple Savings account. While there is no minimum amount needed to open an account, if you go over the $1M hurdle, Apple (NASDAQ:AAPL) will… Read More

 Tagged apple, apple savings, goldman sachs

March 1, 2024 @ 1:12 pm By Omar Faridi  |  

Intercontinental Exchange, Inc. (NYSE: ICE), a global provider of technology and data, and IPC Systems, a provider of trading communications solutions, announced plans to launch ICE Voice, a cloud-based audio solution that will be offered with ICE Chat to provide a seamless communications platform for… Read More

 Tagged cloud, data, digital technology, ice, ice voice, intercontinental exchange, ipc, ipc systems, trading