February 18, 2024 @ 11:45 am By Omar Faridi  |  

Engage People, the loyalty network that enables program members to pay with points (PwP) directly at checkout, reported “a 68% increase in transactions from 2022, with more than 23.3 billion points redeemed in 2023 across its Access Plus network, which allows loyalty program members the… Read More

 Tagged e-commerce, engage people, fintech adoption, jonathan silver, loyalty network, pay with points, pwps

February 18, 2024 @ 11:40 am By Michael Wong  |  

Turkish financial technology giant Papara has announced its acquisition of Pakistan’s emerging Fintech star, SadaPay, in a strategic all-stock deal valued between $30 to $50 million. The agreement also includes an additional $10 million investment from Papara to support SadaPay’s technological development and expansion strategies,… Read More

 Tagged pakistan, Papara, sadapay, turkey

February 18, 2024 @ 10:45 am By Omar Faridi  |  

Building upon its initial enrolment in the Mastercard Engage Program, Episode Six (E6), a global provider of enterprise-grade payment processing and ledger infrastructure, announced it has been selected to join the Mastercard Engage Program for its instalments solution in Europe. Despite the challenging economic environment… Read More

 Tagged e6, episode six, europe, john mitchell, mastercard, payments

February 18, 2024 @ 10:07 am By Omar Faridi  |  

Organizations need a trusted data foundation to enable effective decisions that allow them to operate efficiently, plan for the future, and grow, according to an update from Quantexa. Yet many organizations continue to struggle with “a lack of a single customer view, duplicated records, inefficient… Read More

 Tagged analytics, data, insights, london, Quantexa, research, uk, united kingdom

February 18, 2024 @ 9:23 am By Omar Faridi  |  

Velmie has reportedly introduced its business banking platform intended to assist financial services providers and Fintech platforms with enhancing their core product offerings. As noted in the update from Velmie, the Fintech platform allows firms to address business customer requirements, such as taking care of… Read More

 Tagged business banking, europe, fintech adoption, Slava Ivashkin, velmie

February 18, 2024 @ 8:48 am By Omar Faridi  |  

Following a recent collaborative “mystery shopping” exercise between the Malta Financial Services Authority (MFSA) and the European Banking Authority (EBA), several credit institutions have “proactively taken steps to enhance consumer service levels based on the Authority’s recommendations.” The evaluation focused on personal loans and payment… Read More

 Tagged christopher buttigieg, eba, europe, european banking authority, malta, malta financial services authority, mfsa

February 17, 2024 @ 4:05 pm By Omar Faridi  |  

Experian released its 2024 Future of Fraud Forecast, which identifies five fraud threats consumers and businesses should be cautious of this year. Today’s fraudsters are sophisticated and will “deploy the latest technology, such as generative artificial intelligence, to dupe consumers and businesses.” According to an… Read More

 Tagged crime, experian, fraud, research

February 17, 2024 @ 4:02 pm By Omar Faridi  |  

A new report from Mambu, released in partnership with Google Cloud, highlights why banks must begin to “provide services for tech-empowered customers to avoid being left behind by tech-savvy competitors.” Research shows that banks “that successfully switch to a cloud core will be bigger, more… Read More

 Tagged google cloud, mambu, omar paul, research

February 17, 2024 @ 11:12 am By Omar Faridi  |  

Genesis Global, the software application development platform purpose-built for financial markets organizations, announced the launch of the web version of its multi-asset class middle-office solution, Trade Allocation Manager (TAM). TAM provides a robust foundation “for operational efficiency and regulatory compliance through a centralized application that… Read More

 Tagged application development, financial markets, genesis, genesis global, niketta postlethwaite-williams, software, trade allocation manager

February 16, 2024 @ 5:14 pm By Tony Zerucha  |  

Neobank Dave this week announced it has joined the American Fintech Council, an industry association representing fintech companies and banks. Dave partners with Evolve Bank & Trust, an FDIC member. “Our members are setting the standard for the responsible use of innovation to increase competition in… Read More

 Tagged american fintech council, banking, dave, jason wilk, neobank, Phil Goldfeder