October 16, 2023 @ 9:53 pm By Omar Faridi  |  

Castles Technology, which claims to be one of the world’s top payment solutions providers is pleased to announce a partnership with Worldline (Euronext; WLN) for its first international deployment of a comprehensive range of Android payment terminals and associated services, including repair and staging. Through… Read More

 Tagged android, castles technology, emea, europe, payment terminals, payments, worldline

October 16, 2023 @ 1:45 pm By Omar Faridi  |  

Wealthfront‘s Cash Account offers up to $8 million in FDIC insurance for individuals and up to $16 million for joint accounts. Thanks to the company’s software-based approach and partnerships with FDIC-insured banks, the Wealthfront Cash Account reportedly “offers some of the highest FDIC insurance available… Read More

 Tagged wealthfront

October 16, 2023 @ 12:13 pm By JD Alois  |  

Conister Bank, part of Manx Financial Group  (LSE: MFX.L), has been approved for a UK deposit-accepting license. Conister Bank was already approved to hold deposits in the Isle of Man. Conister states that is the first time an Isle of Man bank has been approved… Read More

 Tagged manx financial, uk, united kingdom

October 16, 2023 @ 12:05 pm By JD Alois  |  

FDIC insurance is foundational to the US banking system. Accounts are insured against failure by the federal government. Yet this insurance only offers  $250,000 per deposit account in coverage – an amount that has not been changed in years. With the rapid rise of inflation,… Read More

 Tagged fdic, flourish

October 16, 2023 @ 10:59 am By Omar Faridi  |  

SIX, the global financial information provider, is leveraging leading Network as a Service provider Megaport in order to “provide customers seamless private access to its data services via any major public cloud provider.” The service is available as of today and “covers more than 100… Read More

 Tagged cloud, data, europe, financial information, product development, six, switzerland

October 16, 2023 @ 10:26 am By JD Alois  |  

Apple (NASDAQ:AAPL) now allows its wallet users to schedule regular payments directly on the phone. The service has been expected for some time now and represents another step in its financial services goal of providing convenience for its users. On the iPhone, Apple explains that… Read More

 Tagged apple, apple cash, goldman sachs

October 16, 2023 @ 9:22 am By JD Alois  |  

Young buy now pay later (BNPL) provider Waylog is reporting solid growth. Founded in 2022, the Sweden-based Fintech reports going from SEK 20 million to over SEK 500 million ($46 million USD). According to a statement from the lender, a new partnership with Froda is… Read More

 Tagged bnpl, froda, sweden

October 16, 2023 @ 9:17 am By Omar Faridi  |  

Founded in 2017 in the Netherlands, Fourthline has developed a technological suite that enables financial service providers to automatically and compliantly perform KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures in accordance with local requirements. Fourthline offers a single API “to streamline the onboarding… Read More

 Tagged aml, Business Expansion, compliance, europe, financial services, fintech adoption, fintech trends, Fourthline, france, kyc, neobank, netherlands, shine

October 15, 2023 @ 10:38 pm By Omar Faridi  |  

Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology, and Plaid, a data network at the forefront of the digital financial landscape, announced an agreement to enable secure and reliable data sharing through application programming interfaces (APIs), addressing growing consumer demand… Read More

 Tagged aly yarris, apis, data network, data-sharing, digital financial services, financial information, financial services, financial technology, fiserv, matt wilcox, payments, plaid

October 15, 2023 @ 10:19 pm By Omar Faridi  |  

A market report has highlighted some key developments from the past week, including the following updates: Bank of England’s chief economist highlights challenge ahead for policymakers Hotter-than-expected US inflation leads to mixed trading ahead of bank results Microsoft takeover of Activision approved by regulator Middle… Read More

 Tagged analysis, financial services, hargreaves lansdown, inflation, interest rates, market outlook, microsoft, sophie lund-yates