September 2, 2023 @ 9:19 pm By Michael Wong  |  

ACE Money Transfer, a fintech company based in Manchester, United Kingdom, has reinforced its longstanding partnership with Bank Alfalah, one of Pakistan’s commercial banks, to facilitate seamless remittance transactions for overseas Pakistanis. The collaboration was proudly announced along with Babar Azam, the Pakistan National Cricket… Read More

 Tagged ACE Money Transfer, Bank Alfalah, fintech, pakistan, remittance

September 2, 2023 @ 11:22 am By Omar Faridi  |  

Julien Molez joins iBanFirst as Chief Operations Officer and becomes a member of the company’s Executive Committee (EXCO). With nearly 20 years of experience in consulting, technology, and artificial intelligence within leading financial institutions, Julien will “leverage his expertise to contribute to the operational excellence… Read More

 Tagged belgium, digital financial services, europe, financial services, ibanfirst, new appointments, pierre-antoine dusoulier

September 2, 2023 @ 11:01 am By Omar Faridi  |  

Xero recently announced new AI-powered product features and enhanced product experiences designed “to help small businesses and their advisors work smarter and more efficiently.” As noted in the update from Xero, the new innovations include: Enhanced AI-powered predictions in bank reconciliation and Xero Analytics Plus… Read More

 Tagged ai, artificial intelligence, small businesses, smbs, sme's, xero

September 2, 2023 @ 10:20 am By Omar Faridi  |  

Users in Germany and the UK can now link their PayPal (NASDAQ:PYPL) account directly to Coinbase (NASDAQ:COIN) in order to buy cryptocurrencies, “providing a hassle-free, trusted, and secure purchasing and withdrawal option.” Coinbase now offers their German and UK users a quick and hassle-free method… Read More

 Tagged coinbase, Crypto Adoption, crypto-assets, digital assets, digital currencies, europe, financial services, fintech adoption, fintech trends, germany, paypal, uk, united kingdom, virtual currency

September 2, 2023 @ 10:17 am By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, released findings from the 25th edition of the New Reality Check: Paycheck-To-Paycheck research series.” The Nonessential Spending Deep Dive Edition examines “the impact of nonessential spending on consumers’ ability to manage… Read More

 Tagged alia dudum, digital marketplace bank, lendingclub, lendingclub bank, lendingclub corporation, money management, research, survey, united states, us

September 2, 2023 @ 10:13 am By Michael Wong  |  

In the rapidly evolving world of the internet, transitioning from Web2 to Web3 has become imperative for businesses around the globe. However, this transition poses significant challenges, such as identity interoperability, technical security, and user experience. KryptoGO, a player in the regulatory technology space, has… Read More

 Tagged aml, cryptocurrency, kyc, Web3

September 2, 2023 @ 10:11 am By Omar Faridi  |  

Whether consumers have swiped, tapped, dipped, waved a wrist or held a device near a card reader at a retail location in recent months, the chances are good “that they’ve used some form of digital, point-of-sale (POS) payment option in addition to cash.” According to… Read More

 Tagged cash, Cash Transactions, Consumer Preferences, debit cards, digital payments, fintech adoption, jdpower, Payment Cards, pos solution, research, Research Report, Research Study

September 2, 2023 @ 10:07 am By Omar Faridi  |  

PhonePe announced its foray into stock broking with Share(dot)Market, under its subsidiary PhonePe Wealth Broking Pvt. Ltd. Share(dot)Market elevates discount broking by “providing market intelligence, quantitative research-based WealthBaskets, a scalable technology platform, and great customer experience for investors and traders alike.” Share(dot)Market is available as… Read More

 Tagged financial services, india, PhonePe, Stock Broking, stocks

September 2, 2023 @ 10:05 am By Omar Faridi  |  

Money News Network and Magnifi announced a “first-of-its-kind” podcast, “Money Assistant,” hosted by financial expert Nicole Lapin and the voice of Magnifi’s AI-powered investing assistant. This collaboration promises to improve “the way listeners engage with personal finance, offering a fresh blend of human expertise and… Read More

 Tagged ai, artificial intelligence, financial services, investing, magnifi+, money management

September 1, 2023 @ 7:34 pm By Omar Faridi  |  

ZA Bank has reportedly become the first settlement bank for HashKey Exchange, Hong Kong’s first licensed retail virtual asset exchange, as it starts “offering fiat-currency deposit and withdrawal services to investors who hold a ZA Bank account.” As part of its “Banking for Web3” ambition,… Read More

 Tagged Crypto Adoption, crypto exchange, crypto-assets, digital assets, digital currencies, Fiat Deposits, financial services, hashkey, hong kong, ronald iu, virtual currency, za bank