February 6, 2024 @ 5:23 am By Omar Faridi  |  

Geidea, which is reportedly known for its innovative solutions and market impact, announces its partnership with Fils, a firm focuse on simplified climate action, empowering businesses of all sizes to embed climate positivity into transactions using their API. Geidea’s collaboration with Fils “underlines its commitment… Read More

 Tagged apis, climate action, digital technology, fils, geidea, nameer khan, sailesh malhotra, sustainability

February 5, 2024 @ 11:02 pm By Omar Faridi  |  

MX Technologies, Inc. announced today that MX and Jack Henry (NASDAQ: JKHY) have agreed to work together to deliver a more seamless and secure data sharing experience for consumers across more than 800 financial institutions. MX’s secure, interoperable API platform will now “directly connect through… Read More

 Tagged data, jack henry, mx, mx technologies, open banking

February 5, 2024 @ 2:40 pm By Omar Faridi  |  

Adyen (AMS: ADYEN) has announced that it is partnering with BILL (NYSE: BILL), a financial operations platform for small and midsize businesses (SMBs), to deliver advanced acquiring and issuing experiences for BILL’s accounts payable (AP) and accounts receivable (AR) solutions. The partnership started with Adyen for… Read More

 Tagged adyen, bill, europe, fintech adoption, smbs, sme's

February 5, 2024 @ 2:30 pm By Omar Faridi  |  

SDK.finance, a Fintech solutions provider, has recently announced its integration with ComplyAdvantage, a key player focused on financial crime intelligence. This integration is said to mark a new era in “streamlined compliance processes for SDK.finance clients.” With the integration of ComplyAdvantage’s advanced AI-driven technologies, SDK.finance… Read More

 Tagged alex malyshev, complyadvantage, fintech adoption, raji soussou, sdk.finance

February 5, 2024 @ 8:44 am By Michael Wong  |  

Senior members of the House Financial Services Committee have formally questioned the Federal Deposit Insurance Corporation (FDIC) over its approach towards Fintech and innovation. Committee Chairman Patrick McHenry (NC-10), along with Subcommittee Chairmen Andy Barr (KY-06) and French Hill (AR-02), addressed their concerns in a… Read More

 Tagged andy barr, fdic, fditech, french hill, house financial services commitee, martin gruenberg, patrick mchenry, regulation

February 4, 2024 @ 6:05 pm By Michael Wong  |  

FundPark, a Hong Kong-based Fintech, has announced the completion of an asset-backed securitization facility amounting to up to $500 million. The arrangement was facilitated by Goldman Sachs, serving as the arranger and senior lender, marking a notable expansion of FundPark’s financial capabilities, according to the… Read More

 Tagged Anson Suen, FundPark, goldman sachs, hong kong

February 4, 2024 @ 6:00 pm By Omar Faridi  |  

Two in three (66%) larger UK businesses say they are very familiar with open banking and users report an average annual saving of 150 hours usually spent “on operational tasks such as processing invoices and financial data, recurring payments and processing refunds, new research reveals.”… Read More

 Tagged mike elliff, natwest, open banking, payit by natwest, research, uk, united kingdom

February 4, 2024 @ 5:55 pm By Omar Faridi  |  

The Bank of England has recently shared a Working Paper, focused on open banking, and it is attributed to several authors including Tania Babina, Saleem Bahaj, Greg Buchak, Filippo De Marco, Angus Foulis, Will Gornall, Francesco Mazzola and Tong Yu. As noted in the paper… Read More

 Tagged bank of england, europe, open banking, research, uk, united kingdom

February 4, 2024 @ 5:49 pm By Michael Wong  |  

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso forecasts mobile money and digital lending as key drivers of Nigeria’s service sector growth in 2024. Speaking at the Nigerian Economic Summit Group’s 2024 Macroeconomic Outlook Report launch, Cardoso emphasized the service sector’s role in the economy,… Read More

 Tagged fintech, nigeria, payments

February 4, 2024 @ 1:26 pm By Omar Faridi  |  

Betterment at Work, a provider of modern financial benefits for today’s diverse workforce, announces the first commercial product that allows small business employers to automatically match employee student loan payments with a 401(k) contribution. Sarah Levy, CEO of Betterment, said: “We know that student debt… Read More

 Tagged betterment, betterment at work, digital financial services