December 14, 2023 @ 9:10 pm By Omar Faridi  |  

OP and Nordea are establishing a joint venture whose goal is to solve payment challenges domestically. The plan is to develop solutions for paying “by phone number and managing e-invoices that benefit both consumers and companies.” The solution is built to “be open to other… Read More

 Tagged europe, financial services, finland, fintech adoption, fintech trends, nordea, op

December 14, 2023 @ 8:14 pm By Omar Faridi  |  

KPMG has recently commented on the one year anniversary of the launch of the Edinburgh Reforms Commenting on 12 months from the launch of the Edinburgh Reforms, Karim Haji, global and UK head of financial services at KPMG said: “One year on from the launch… Read More

 Tagged edinburgh reforms, europe, insights, karim haji, kpmg, kpmg uk, uk, united kingdom

December 14, 2023 @ 3:55 pm By Omar Faridi  |  

Against a backdrop of shrinking margins and strained profitability, auto lenders need to do everything they can “to deliver stand-out customer experiences while reducing administrative costs,” according to a research report. While similar businesses, such as retirement plan administrators, property and casualty (P&C) insurers and… Read More

 Tagged auto financing, auto lenders, Customer Experience, cx, J.D. Power, jdpower, lending, research, research reprt, Research Study

December 14, 2023 @ 3:21 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced their flexible and transparent payment options will be “offered to consumers and merchants that use Google Pay for online checkout in the U.S.” Beginning in Q1 2024, Affirm will be “available… Read More

 Tagged affirm, bnpl, digital payments, digital transactions, drew olson, financial services, flexible payments, google pay, jamie cunningham, virtual payments

December 14, 2023 @ 3:14 pm By Omar Faridi  |  

Percent, the firm powering the modern private credit marketplace, released its market outlook for 2024. The report, titled Percent’s 2024 Private Credit Outlook, summarizes “the key macroeconomic trends from 2023 that propelled the asset class forward, with insights on what investors can expect for the… Read More

 Tagged insights, nelson chu, outlook 2024, percent, prath reddy, research, Research Report, Research Study

December 13, 2023 @ 10:10 pm By Omar Faridi  |  

In the ever-changing landscape of economic uncertainties, the third quarter of 2023 brought both challenges and glimpses of recovery in household finances. UK Finance‘s Household Finance Review, published recently, delves into “the key trends and indicators that shaped consumer behavior during this period.” Q3 witnessed… Read More

 Tagged europe, insights, research, uk, uk finance, united kingdom

December 13, 2023 @ 7:11 pm By Omar Faridi  |  

ClearBank is providing LemFi with agency banking services to enhance international payment services for emerging market immigrants in North America and Europe. ClearBank, the enabler of real-time clearing and embedded banking for financial institutions,  announced its partnership with LemFi (formerly known as Lemonade Finance), a… Read More

 Tagged banking, clearbank, financial services, lemfi, payments

December 13, 2023 @ 4:08 pm By JD Alois  |  

KingsCrowd, a data and analytics provider in the investment crowdfunding sector, has announced the acquisition of Lawcloud. Lawcloud has been a longtime entry in the Legaltech sector of crowdfunding by providing a partially automated service for issuers to file their required documents to the Securities… Read More

 Tagged chris lustro, kingscrowd, lawcloud, raisepapers

December 13, 2023 @ 3:07 pm By JD Alois  |  

Latin American Fintech Bitso says it facilitated USD $8 billion in payments during 2023. Bitso said this represents a 60% increase versus 2020. The company claims that it provides services to more than 1700 companies leveraging blockchain technology to provide global transfers, payouts, and other… Read More

 Tagged bitso, latin america, payments, stellar

December 13, 2023 @ 2:51 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, continues to expand its investment product offerings. Gradually, over the next few weeks, the company’s customers in Brazil will “be able to access and trade Real Estate Credit Bonds (LCI) and… Read More

 Tagged brazil, digital banking, financial services, latam, nubank