September 24, 2023 @ 6:17 am By Omar Faridi  |  

Capital One announced that Capital One Venture X Business, the addition to the Venture X family, is now widely available to all eligible business owners on the Capital One website. Designed for business owners who want travel benefits and business-grade capabilities, the Venture X Business… Read More

 Tagged business owners, capital one, financial services

September 24, 2023 @ 6:01 am By Omar Faridi  |  

As part of a multi-year effort to transform trade finance, Bank of America (NYSE: BAC) is launching CashPro Supply Chain Solutions, a platform that will offer participants in a supply chain the benefits of digitization with improved process efficiency and working capital optimization. CashPro is… Read More

 Tagged bank of america, banking, boa, digital technology, digital transformation, digitalization, financial services, financing, supply chains, trade finance, united states, us, working capital

September 24, 2023 @ 3:15 am By Omar Faridi  |  

Deloitte announced the launch of its 2023 Tax Transformation Trends survey, a biannual effort which details sentiments from more than 300 senior global tax and finance executives and examines “how tax departments are undergoing fundamental transformation in response to today’s challenging legal and regulatory landscape.”… Read More

 Tagged deloitte, feedback, insights, survey, tax

September 23, 2023 @ 7:22 pm By Omar Faridi  |  

Tred, which aims to build one of the UK’s green banking platforms, has secured 114% (£171,707.44) of its £150,000 target from 428 investors with 3 days left in the firm’s crowdfunding campaign, carried out via Crowdcube. Tred explains that they are B Corp pending as well… Read More

 Tagged banking, climate tech, crowdcube, crowdfunding, europe, fintech adoption, fintech trends, funding, fundraising, green banking, tred, uk, united kingdom

September 23, 2023 @ 6:14 pm By Omar Faridi  |  

UK Finance recently commented on the Financial Conduct Authority’s (FCA)’s account access and closure report. According to UK Finance: “Freedom of expression is vitally important and today’s report from the FCA makes clear that accounts are not being closed because of political beliefs or other… Read More

 Tagged europe, fca, financial conduct authority, uk, uk finance, united kingdom

September 23, 2023 @ 6:12 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, has just completed one year of its adherence to Open Finance (a system that allows customer data sharing among financial institutions with consent) and is “positively impacting its customers’ financial… Read More

 Tagged brazil, digital banking, digital financial services, financial institutions, financial services, fintech adoption, fintech trends, latam, latin america, livia chanes, nubank, open banking, open finance, South America, virtual bank

September 23, 2023 @ 5:57 pm By Tony Zerucha  |  

Greenlight, a Fintech company aiming to help parents raise financially savvy kids, this week announced the launch of Greenlight for Classrooms, a free, web-based personal finance library of interactive K-12 lessons and teaching materials mapped to state and national standards. As of Sept. 21, teachers… Read More

 Tagged financial literacy, greenlight, greenlight for classrooms

September 23, 2023 @ 5:54 pm By Tony Zerucha  |  

Clear Street, a New York-based independent prime broker, this week appointed Jonathan “Jon” Daplyn as chief information officer and Hari Godbole as managing director and vice president of engineering. The moves are effective immediately. Daplyn leads Clear Street’s 150 technologists and reports to Chris Pento, Clear Street’s co-founder and chief executive officer…. Read More

 Tagged chris pento, clear street, sachin kumar

September 23, 2023 @ 11:06 am By Michael Wong  |  

Mesh, the financial operating system dedicated to seamless digital asset transfers and account aggregation, has announced raising $22 million in a Series A funding round, anchored by Money Forward Inc. The round was participated by a diverse group of new investors like Galaxy and Samsung… Read More

 Tagged finance, financial operating system, fintech, funding, mesh, venture capital

September 23, 2023 @ 10:31 am By Michael Wong  |  

Global payments fintech player Nium has inaugurated its European headquarters in London, signifying its robust commitment to enhancing its European presence and recognizing the UK as a paramount fintech nexus. Originally founded in Singapore in 2014, Nium has revolutionized the manner in which businesses facilitate… Read More

 Tagged nium, payments, prajit nanu, uk, united kingdom