October 26, 2023 @ 12:01 pm By JD Alois  |  

multifi has received a commitment of £10 million from Fasanara Capital to support UK SMEs, according to a statement from the company. The digital lender says businesses may tap into credit of up to £200,000 with a fixed monthly access fee of 0.3% and an interest… Read More

 Tagged fasanara capital, online lending, uk, united kingdom

October 26, 2023 @ 9:20 am By Omar Faridi  |  

Zafin, the provider of SaaS product and pricing platform solutions for banks, announces the launch of Zafin Integrate & Orchestrate (IO), as well as Zafin Data Fabric. Zafin IO is a foundational technology platform “that streamlines integration across a bank’s tech ecosystem and Zafin’s cloud-native… Read More

 Tagged Zafin

October 26, 2023 @ 7:46 am By Omar Faridi  |  

Mortgage Bank Lenzburg has expanded its organizational structure and the Finstar core banking system so that it can now offer services for digital assets. It starts with the custody offer for digital registered securities “from selected partner companies that were issued on the Ethereum blockchain.”… Read More

 Tagged Business Expansion, core banking, crypto tokens, crypto-assets, digital assets, digital tokens, ethereum, europe, finstar, smart contract

October 26, 2023 @ 6:35 am By Omar Faridi  |  

Shift4 (NYSE:FOUR), a global firm focused on integrated payments and commerce technology, has completed its previously announced acquisition of Finaro, a cross-border ecommerce payments provider and fully licensed bank “with a large European presence.” The completion of this acquisition “expands Shift4’s total addressable market both… Read More

 Tagged acquisition, cross-border payments, digital commerce, digital technology, europe, Finaro, integrated payments, Jared Isaacman, Shift4

October 25, 2023 @ 10:07 pm By Omar Faridi  |  

NYMBUS, a provider of cloud-based financial technology solutions, is announcing a strategic partnership with Gesa Credit Union. This collaboration will facilitate the launch of a digital financial brand. The alliance aims to extend the reach of the Washington-based credit union well “beyond the confines of… Read More

 Tagged cloud, financial technology, jeffery kendall, nymbus

October 25, 2023 @ 10:02 pm By Omar Faridi  |  

Ripple, the firm focused on enterprise blockchain and crypto solutions, has announced a new partnership with Uphold, the global Web3 financial platform. The partnership will see Uphold provide Ripple “with enhanced crypto liquidity capabilities to underpin and enhance its cross-border payments infrastructure.” Known for its… Read More

 Tagged blockchain adoption, Crypto Adoption, distributed ledger technology, dlt, Enterprise Blockchain, financial services, ripple, Simon McLoughlin, uphold, web 3.0, Web3

October 25, 2023 @ 10:00 pm By Omar Faridi  |  

Thought Machine, the cloud-native banking technology company, announces it has partnered with Form3, the cloud-native account-to-account platform, to add FedNow, TCH RTP and SEPA Instant Credit Transfer connectivity to Thought Machine’s payment platform, Vault Payments. This partnership brings together two payment solutions, “offering banks and… Read More

 Tagged account-to-account platform, banking, cloud, digital technology, fednow, fintech adoption, fintech trends, form3, paul taylor, payments, sepa, thought machine, vault payments

October 25, 2023 @ 9:56 pm By Omar Faridi  |  

Tuum, a core banking provider, and Plumery, the digital banking platform, confirmed a  partnership that introduces a pre-integrated headless front-end, “with a microservices based core banking solution, tailored for ambitious technology-led businesses that require the flexibility of a highly modular architecture.” With a vision to… Read More

 Tagged ben goldin, core banking, digital banking, fintech adoption, fintech trends, microservices, modular architecture, tuum

October 25, 2023 @ 9:50 pm By Omar Faridi  |  

Bakkt is pleased to share that they are supporting a new open standard for money transmission: Universal Money Addresses or “UMAs.” Bakkt has collaborated with Lightspark to be one of its initial partners, and they are pleased to announce the alpha launch of our UMA-capable Lightning service…. Read More

 Tagged bakkt, bitcoin, btc, crypto payments, Lightning Network, ln, money transmission

October 25, 2023 @ 9:48 pm By Omar Faridi  |  

Prism Data, a cash flow underwriting and data analytics platform, announced today that it has raised $5 million in seed funding. This investment round was reportedly “led by Obvious Ventures, with participation from Citi Impact Fund and Core Innovation Capital.” Prism’s new funding follows “a… Read More

 Tagged analytics, cash flow, data, digital financial services, financial services, funding, funding round, investment round, jason rosen, open banking, prism, prism data, underwriting