October 8, 2023 @ 1:37 pm By Omar Faridi  |  

Oxygen, an innovator in the financial technology industry, announced a series of executive hires. These appointments come at a time of “significant” transformation for Oxygen. With a commitment to strengthen its leadership team and provide financial solutions to the marketplace, the company continues “to prioritize… Read More

 Tagged digital financial services, financial services, financial technology, fintech adoption, fintech trends, innovation, new appointments, oxygen

October 7, 2023 @ 3:40 pm By Omar Faridi  |  

Modern Treasury, the operating system for the new era of payments, has joined J.P. Morgan’s Payments Partner Network. This ecosystem of end-to-end payment solutions is “designed to meet business needs at any scale.” As part of the Payments Partner Network, Modern Treasury is “making it… Read More

 Tagged dimitri dadiomov, financial services, jpmorgan, modern treasury, operating system, payments

October 7, 2023 @ 3:38 pm By Omar Faridi  |  

Galileo Financial Technologies, LLC, a Fintech owned by SoFi (NASDAQ: SOFI), announced that its Galileo Buy Now, Pay Later (BNPL) offering is now available for lenders to offer it as a service for their small business clients (SMBs). In partnership with Mastercard, banks and fintechs working… Read More

 Tagged bnpl, david feuer, mastercard

October 7, 2023 @ 3:34 pm By Omar Faridi  |  

NatWest has launched a new transaction categorization service called Enriched Transactions, which is available to businesses, such as Account Information Service Providers (AISPs) and lending providers, to integrate with their apps and digital platforms. By making the API-enabled service available to businesses, NatWest claims it… Read More

 Tagged digital transactions, digitalization, europe, financial services, fintech adoption, fintech trends, natwest, natwest group, uk, united kingdom

October 7, 2023 @ 3:31 pm By Omar Faridi  |  

Fintechs Canada launched the “Choose More” campaign, an initiative to raise awareness of how our financial sector could better serve Canadian consumers and businesses. The campaign is a response to the significant financial strains Canadians are experiencing: Canadians are paying thousands of dollars in banking… Read More

 Tagged canada, digital financial services, digital technology, digital transformation, digitalization, financial services, fintech adoption, fintech trends, ottawa

October 7, 2023 @ 3:22 pm By Omar Faridi  |  

In early 2023, TrustPay has reportedly received its Payment Initiation Service Provider (PISP) license and following that, they claim to have selected a partner “with a large reach of connected banks to widen their own reach.” As a Slovakian payments service provider or PSP, TrustPay… Read More

 Tagged banking, Business Expansion, digital payments, digital transactions, europe, financial services, payment initiation service provider, payments, pisp license, slovakia, trustpay

October 6, 2023 @ 3:21 pm By Omar Faridi  |  

Payments Canada released its annual Canadian Payment Methods and Trends 2023 report, which analyzes 20.5 billion payment transactions “made in 2022 totaling $11.7 trillion (more than $475 billion every business day) and highlights the trends shaping the Canadian payment landscape.” Year-over-year trends: Credit and debit… Read More

 Tagged canada, digital transactions, financial services, Market Report, payment methods, payments, payments canada, progress report, Research Report

October 6, 2023 @ 11:45 am By Omar Faridi  |  

LendInvest (LSE:LINV), which claims to be the UK’s leading platform for mortgages, has made key reductions to its Residential Mortgage range as it continues “to improve its offering for key workers, the self-employed and those with complex income streams and credit histories.” The lender’s Residential… Read More

 Tagged esther morley, europe, lendinvest, mortgages, residential, uk, united kingdom

October 6, 2023 @ 9:01 am By Omar Faridi  |  

Metro Bank (MTRO.L)has had a challenging week. Reports that the UK-based challenger bank had been planning to raise as much as £600 million from investors led to financial regulators asking the bank’s management to have a sit-down meeting. Although shares in the banking institution fell… Read More

 Tagged banking, banking challenger, challenger bank, europe, financial services, metro bank, pra, prudential regulatory authority, uk, united kingdom

October 6, 2023 @ 8:45 am By Omar Faridi  |  

Habyt, the flexible housing provider, has raised €40M in a series C round as it expands globally and consolidates its market share. This investment round is “led by the new investors Korelya Capital (Paris-based) and Deutsche Invest (Munich-based). It was also participated by new investors… Read More

 Tagged berlin, Business Expansion, europe, germany, investment round, real estate