January 6, 2024 @ 8:14 am By Omar Faridi  |  

Eltropy, a “digital conversations platform,” announced it had surpassed 600 community financial institutions (CFI) customers. As part of the achievement, the company “announced it is boosting investments in Generative AI and product R&D by 36% in 2024.” Eltropy’s Generative AI products have seen adoption “with… Read More

 Tagged Ashish Garg, Barb Lowman, CUNA Strategic Services, eltropy

January 5, 2024 @ 12:23 pm By Omar Faridi  |  

Investment platform Lightyear announces a “record” year of investment activity on the platform. Seeing nearly 20% month-on-month growth in assets under management (AUM), the appetite for investing – despite another rollercoaster year for the public markets – remains high. In 2023, the company also “increased… Read More

 Tagged investing, lightyear, martin sokk, nicole quinn, uk, united kingdom

January 5, 2024 @ 12:21 pm By Omar Faridi  |  

SoFi (NASDAQ: SOFI), the “all-in-one” digital personal finance company, announced SoFi Invest will offer a 2% match on all eligible IRA (individual retirement account) contributions through Tax Day (April 15, 2024). This new offer doubles the previously “announced 1% IRA match offered in late 2023, and… Read More

 Tagged individual retirement account, ita, sofi

January 5, 2024 @ 12:14 pm By Omar Faridi  |  

Nu Colombia, a subsidiary of Nubank (NYSE:NU) in the country, announced that the Financial Superintendence of Colombia (SFC) has officially approved its application to operate as a financing company. This achievement not only “marks a significant milestone for Nu Colombia but also paves the way… Read More

 Tagged colombia, digital banking, financial superintendence of colombia, latam, latin america, nu colombia, nubank, sfc, South America

January 5, 2024 @ 12:12 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial platform of choice for leading companies, is pleased to announce that the company is entering a partnership with Straumur, a subsidiary of Kvika. Straumur is a payment provider that “processes payments in several verticals on the Icelandic market, including but… Read More

 Tagged adyen, kvika, payments, straumur

January 5, 2024 @ 11:53 am By Omar Faridi  |  

Talus Pay, a payment processing solution for small and mid-sized merchants, has acquired Jobox.ai, a Fintech company servicing the home services industry, and Clarus Merchant Services, a provider of integrated B2B payment solutions. In combination with Jobox and Clarus, Talus Pay now “processes more than… Read More

 Tagged clarus merchant services, eric pottebaum, jobox.ai, payments, shay bloch, talus pay

January 5, 2024 @ 11:34 am By JD Alois  |  

Apple Savings APY has been increased to 4.35%. This is the second time that Apple (NASDAQ:AAPL) has increased the savings rate in the past 30 days, increasing it to 4.25% from 4.15% in December. Apple launched its savings feature, offering in partnership with Goldman Sachs… Read More

 Tagged apple, apple savings, goldman sachs

January 5, 2024 @ 11:11 am By JD Alois  |  

The UK is a top Fintech hub recognized globally for its innovation in financial services. The country has always punched above its weight class when it comes to Fintech and in the past led the charge for Fintech funding in all of Europe. A new… Read More

 Tagged Fintech funding, tracxn, uk, united kingdom

January 5, 2024 @ 8:54 am By Omar Faridi  |  

Central and Eastern Europe (CEE) is set to become the next “great place” to invest in as Western European businesses “seek new places to nearshore, offshore, or get access to growing consumer markets,” according to an update from iBanFirst. iBanFirst, a global provider of foreign… Read More

 Tagged digital transactions, europe, foreign exchange, ibanfirst, insights, international payments, research, virtual payments

January 5, 2024 @ 8:44 am By Omar Faridi  |  

Visa (NYSE: V), a digital payments firm, announced the launch of the Visa Web3 Loyalty Engagement Solution. The new value-added service reportedly aims to usher in “the future of customer engagement and loyalty, helping brands meet next-generation customers where they increasingly are – in digital… Read More

 Tagged financial services, kathleen pierce-gilmore, payments, user experience, virtual payments, visa, web 3.0, Web3