September 27, 2023 @ 7:23 am By Omar Faridi  |  

Atomic, a key player focused on financial connectivity solutions, announced the launch of PayLink, a solution suite that streamlines payment switching, “making it easier for consumers to switch their primary banking relationship.” In addition to providing a significantly improved consumer experience, this solution brings Atomic… Read More

 Tagged atomic, banking, digital technology, open banking, united states, us

September 27, 2023 @ 4:55 am By Omar Faridi  |  

Vestwell, the employer and individual savings platform, announced New Jersey has selected the company as its program administrator for the Secure Choice Savings Program. The partnership will provide New Jersey residents access “to modern retirement plans through their employers and marks Vestwell’s seventh state-facilitated retirement… Read More

 Tagged financial services, fintech adoption, fintech trends, integration, new jersey, savings, united states, us, vestwell

September 27, 2023 @ 1:07 am By Omar Faridi  |  

Ocrolus, a firm focused on AI-driven financial document automation, announced the launch of an enhanced dashboard for mortgage lenders featuring the ability to automate income calculations for both traditional and self-employed borrowers. The solution combines three trusted Ocrolus capabilities – Classify, Capture and Analyze –… Read More

 Tagged ai, artificial intelligence, automation, income verification, lending, mortgages, ocrolus

September 26, 2023 @ 10:52 pm By Omar Faridi  |  

PhonePe announced the launch of the Indus Appstore Developer Platform. With this launch, Indus Appstore is inviting all Android app developers to register and upload their apps using the self-serve developer platform. These apps will be listed on the soon to be launched “Made-in-India” Indus… Read More

 Tagged application development, digital technology, digitalization, fintech adoption, fintech trends, india, PhonePe, software, software applications

September 26, 2023 @ 8:51 pm By Omar Faridi  |  

A new study by Juniper Research, the professional team focused on fintech & payments markets, has found by next year, digital commerce transaction volumes will “reach 1.08 trillion globally; rising from 966 billion this year – a very strong 12% growth in a single year.”… Read More

 Tagged digital commerce, digital transactions, digital transformation, digitalization, e-commerce, insights, juniper, juniper research, nick maynard, Research Report

September 26, 2023 @ 8:48 pm By Omar Faridi  |  

Founding members including HSBC UK, Nationwide Building Society, Tesco Bank, NewDay, Co-operative Bank and Ovo have come together to launch Support Hub, a free platform powered by Experian that “shares access needs with multiple organisations in one go.” Nearly three-quarters (73%) of disabled people “have… Read More

 Tagged accessibility, co-operative bank, europe, experian, hsbc, hsbc uk, nationwide building society, newday, ovo, tesco bank, uk, united kingdom

September 26, 2023 @ 8:26 pm By Michael Wong  |  

Singapore multinational banking and financial services firm OCBC has announced that the OCBC Pay Anyone app will be retired in October, with the exact date to be confirmed soon. This is part of OCBC’s commitment to offer an enhanced app experience by integrating the features… Read More

 Tagged bank, banking, fintech, ocbc, payments, singapore

September 26, 2023 @ 3:41 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement hammering the Federal Trade Commission (FTC) and its legal assault on Amazon. Earlier today, the FTC sued Amazon for “illegally maintaining monopoly power.” The FTC claims that  Amazon has pursued a “pattern of… Read More

 Tagged amazon, federal trade commission, ftc, karen kerrigan, lina khan, ray keating, sbe council, small business and entrepreneurship council

September 26, 2023 @ 3:06 pm By Omar Faridi  |  

Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the findings of its 6th annual Business Barometer ― an in-depth study of the mood, mindset, and strategic priorities “of 1,250 leaders of small and midsize businesses across the U.S.” Business leaders… Read More

 Tagged research, Research Report, Research Study, small businesses, smbs, sme's, umpqua bank, united states, us

September 26, 2023 @ 11:08 am By JD Alois  |  

Fintech-focused venture capital firm Luge Capital is reporting it has raised $71 million for its second fund to invest in Fintechs in both the US and Canada. Fund investors include returning investors CDPQ, Desjardins, BDC Capital, Sun Life, Industrial Alliance Financial Group (iA), Fonds de solidarité FTQ, and new investor Inovia Discovery Fund I. Founded… Read More

 Tagged david nault, luge capital, vc, venture capital