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

October 15, 2023 @ 9:45 pm By Omar Faridi  |  

SoFi (NASDAQ:SOFI), the all-in-one digital personal finance company, announced SoFi Invest will offer a 1% match on all eligible IRA (individual retirement account) contributions. This comes as a new survey also out from SoFi “unveils American’s top financial ambitions including: creating or sustaining generational wealth,… Read More

 Tagged digital financial services, individual retirement account, ira, personal finance, sofi, sofi invest, united states, us

October 15, 2023 @ 6:55 pm By Michael Wong  |  

Singapore-based Web3 wallet solution provider Account Labs has announced plans to launch a new wallet that will allow users to access using just a Google account following a successful fundraising of $7.7 million. Account Labs announced that funding round was backed by a number investors… Read More

 Tagged funding, payments, singapore, wallets, Web3

October 15, 2023 @ 6:19 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, announced its partnership with Alpaca, a developer-first API brokerage platform, to support Alpaca’s global payments and foreign exchange (FX) needs. The announcement comes on the heels of several recent Airwallex wins “in the wealthtech category,… Read More

 Tagged airwallex, alpaca, americas, financial platform, financial services, fintech adoption, fintech trends, foreign exchange, fx, international payments

October 15, 2023 @ 5:56 pm By Omar Faridi  |  

We recently sat down with Monica Eaton from Chargebacks911 to gain more insights regarding the partnership between Finastra and Microsoft and how it addresses the requirements of corporate clients. Eaton, founder and CEO at Chargebacks911, also commented on how the collaboration addresses the challenges banks face… Read More

 Tagged chargebacks911, finastra, microsoft, monica eaton, perspective, trade finance, women changing finance

October 15, 2023 @ 3:14 pm By Omar Faridi  |  

Addepar opened a new office in Pune, India in March 2023 as they deepened their commitment to global expansion and R&D investment. Abhimanyu “Abhi” Prabhavalkar recently joined Addepar’s engineering leadership team during this exciting time of growth as their R&D regional lead in India, “bringing… Read More

 Tagged addepar, Business Expansion, financial services, fintech adoption, fintech trends, india, new appointments, research and development

October 15, 2023 @ 3:00 pm By JD Alois  |  

In 2020, Braid said that sharing money should not be hard while introducing its spin on peer-to-peer transfers and group expenses. This past week, Braid founder Amanda Peyton reflected on the collapse of the Fintech she founded, and it is a cautionary note for all… Read More

October 15, 2023 @ 2:32 pm By Omar Faridi  |  

Discover Global Network, the payments unit of Discover (NYSE: DFS), has launched a new cloud-based network tokenization platform giving companies “a scalable and flexible token solution they can offer to their downstream customers and merchants.” The new platform will allow companies “to integrate stored payment… Read More

 Tagged cloud, discover, discover global network, fintech adoption, fintech trends, network tokenization, payments, tokenization

October 15, 2023 @ 12:22 pm By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment gateway, has established a partnership with Trekki NFT, and extended the functionality of its NFT Checkout in order “to support and facilitate its minting processes.” These unique NFTs, “bearing a travel theme,” are backed by the global online travel services… Read More

 Tagged alchemy, alchemy pay, checkout, crypto tokens, Crypto Transactions, digital collectibles, digital payments, digital technology, digital tokens, NFT minting, nfts, non-fungible tokens, payments

October 15, 2023 @ 11:21 am By Omar Faridi  |  

The Saudi Central Bank (SAMA) issued its semi-annual performance report of the finance companies sector and real estate refinance for H1 2023. According to the report, most of the indicators in the finance companies sector “grew at varying rates in H1 2023.” The paid-up share… Read More

 Tagged app.net, central bank, mena, mena region, middle east, progress report, real estate, reserve banks, SAMA, saudi arabia, saudi central bank