November 27, 2023 @ 2:27 am By Omar Faridi  |  

HighRadius, the provider of Autonomous Finance software for order to cash, treasury, and record to report; has been “awarded an exclusive patent by the United States Patent and Trademark Office for Identification and Removal of Noise From Documents [Patent Number: US 11,758,071 B1]” HighRadius’ Cash… Read More

 Tagged autonomous finance software, highradius, sashi narahari

November 26, 2023 @ 11:52 pm By Omar Faridi  |  

The Payments Association, which claims to be the most “influential” community in payments, has welcomed the release of the report following the Future of Payments Review, commissioned by the Chancellor. The report calls for a National Vision and Strategy for Payments considering “the importance of… Read More

 Tagged digital transactions, europe, fintech adoption, fintech trends, future of payments review, payments, payments association, the payments association, uk, united kingdom

November 26, 2023 @ 11:48 pm By Omar Faridi  |  

Kingston University is collaborating with UK neobank Science Card in order “to drive major breakthrough in cervical cancer treatment.” Science Card claims that it is creating “a unique science funding infrastructure by collaborating with UK universities to enable users of its socially-conscious e-money current account… Read More

 Tagged cancer, cervical cancer treatment, digital financial services, europe, financial services, kingston university, neobank, neobanking, science card, uk, united kingdom

November 26, 2023 @ 10:54 pm By Omar Faridi  |  

Crezco, a UK fintech company using open banking to make B2B invoice and bill payments as convenient as B2C card payments, has achieved several major business milestones through securing funding and integrating its technology into global small business platform Xero. Crezco has secured $12m in… Read More

 Tagged b2b, bill payments, crezco, europe, fintech adoption, fintech trends, funding, integration, invoice payments, milestone, payments, uk, united kingdom, xero

November 26, 2023 @ 10:31 pm By Omar Faridi  |  

Quantile and LCH ForexClear, both LSEG Post Trade businesses, announced they have delivered the market’s first FX Smart Clearing service. The service, which went live “on 15th November, enables participants to selectively clear FX Forwards via LCH ForexClear to significantly reduce capital requirements and counterparty… Read More

 Tagged andrew batchelor, esben urbak, fx, fx smart clearing service, lch forexclear, london, london stock exchange group, lseg, lseg post trade businesses, quantile, uk, united kingdom

November 26, 2023 @ 9:56 pm By Omar Faridi  |  

Credifiel reports that the company increased its revenue by 24% in the nine month period ending September 2023 “compared to the same period last year, reaching €32.7 million1, a net profit of €5.7 million.” The company further shares that its loan portfolio “increased by 74%… Read More

 Tagged credifiel, financial services, lending, mexico, north america, payroll lending, progress report

November 26, 2023 @ 9:50 pm By Omar Faridi  |  

Citi (NYSE: C) announced it has successfully completed the sale and full migration of its Indonesia consumer businesses to UOB Indonesia (UOBI). The sale includes retail banking, credit card, and unsecured lending businesses, “as well as the transfer of employees.” Citi and UOB first announced… Read More

 Tagged batara sianturi, citi, consumer businesses, financial services, indonesia, southeast asia, titi cole, uob, uob indonesia

November 26, 2023 @ 9:42 pm By Michael Wong  |  

The future of Philippine fintechs, which have basic characteristics centered around innovation and sustainability, will be driven in major part by investments that value environmental, social and governance (ESG) principles, analysis from consumer finance company Digido revealed. The global sustainability technology (SusTech) industry, characterized to… Read More

 Tagged Digido, fintech, investments, Philippines, sustainability

November 26, 2023 @ 7:37 pm By Omar Faridi  |  

Lloyds Banking Group, a UK based financial services group, has released the first Housing Stocktake 2023 report sharing insights on “the stalling efforts to decarbonize the UK’s housing stock.” In the UK, homes are one of the highest emitting sectors, “with the 28 million residential… Read More

 Tagged decarbonize, europe, financial services, housing stock, insights, lloyds, lloyds banking group, research, Research Report, Research Study, sustainability, uk, united kingdom

November 26, 2023 @ 5:57 pm By Michael Wong  |  

Dubai’s ambitious journey towards becoming a global leader in innovation and sustainability is gaining momentum, as highlighted by the emirate’s forward-thinking initiatives and investments in futuristic technologies. At the heart of this journey is the Dubai 2040 Urban Master Plan, aimed at making Dubai the… Read More

 Tagged dubai, Dubai 10X, fintech, innovation