August 24, 2023 @ 10:08 pm By Omar Faridi  |  

Mastercard (NYSE:RSKD), a global technology company, is partnering with UAE-founded spend management fintech company Qashio in order “to launch corporate credit cards, while enabling them with virtual issuance capabilities across the region.” The strategic partnership aims “to make the future of expense management cashless, transparent… Read More

 Tagged armin moradi, corporate cards, credit cards, digital technology, financial services, fintech adoption, fintech trends, innovation, mastercard, mena, mena region, middle east, Payment Cards, payments, qashio, spend management, spending cards, uae, united arab emirates

August 24, 2023 @ 3:26 pm By Omar Faridi  |  

Yahoo announced the acquisition of Commonstock, a broker-agnostic social and community-based platform that drives insights for retail investors. The acquisition advances the power of community for Yahoo Finance and “accelerates the brand’s strategy to deliver unparalleled retail investing resources, solutions and experiences to investors of… Read More

 Tagged acquisition, commonstock, david mcdonough, insights, retail investors, yahoo

August 24, 2023 @ 12:50 pm By Omar Faridi  |  

Northern Trust (Nasdaq: NTRS) announced Dane Fannin will “lead its growing Global Foreign Exchange business, expanding his Securities Finance role.” As global head of Global Foreign Exchange (GFX) and Securities Finance, Fannin, who joined Northern Trust in 2006, will be “responsible for the continued technology… Read More

 Tagged Business Expansion, northern trust, securities finance

August 24, 2023 @ 11:40 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Current, a U.S. fintech platform dedicated to empowering Americans in their pursuit of a brighter financial future, today announced the launch of a new credit building product. Together, the two companies will… Read More

 Tagged baas, credit, cross river, cross river bank, current, digital technology, embedded finances, fintech adoption, fintech trends, infrastructure, Stuart Sopp, united states, us

August 24, 2023 @ 10:39 am By Omar Faridi  |  

Backbase, which claims to be the global leader in Engagement Banking, announced today its strategic partnership with SavvyMoney, the company powering innovative credit score solutions, market-leading analytics and personalized loan marketing. Through this partnership, SavvyMoney’s robust credit score solution, Credit Score Insights, will be integrated… Read More

 Tagged analytics, backbase, chris fraenza, credit score solutions, engagement banking, jb orecchia, savvymoney, united states, us

August 24, 2023 @ 10:05 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Wednesday) the appointment of John Hsu as Managing Director and Group Chief Technology Officer. He succeeds Richard Leung, who will become Group Chief Information Officer. Reporting to Mr Leung, Mr Hsu will reportedly… Read More

 Tagged hkex, hong kong, hong kong exchanges and clearing limited, new appointments, richard leung

August 24, 2023 @ 8:19 am By Omar Faridi  |  

Mambu, the cloud banking platform, has appointed Fernando Zandona as Chief Executive Officer. After serving as interim CEO since June – having previously held the role of Chief Product and Technology Officer at Mambu – Fernando will now “spearhead the business as it enters its… Read More

 Tagged banking, cloud banking, engagement banking, fernando zandona, fritz oidtmann, mambu, new appointments

August 24, 2023 @ 8:06 am By Omar Faridi  |  

Better HoldCo, Inc.  and Aurora Acquisition Corp., a special purpose acquisition company , announced the closing of the previously announced business combination that results in the creation of Better Home & Finance Holding Company, “a publicly traded company with Class A common stock and warrants… Read More

 Tagged aurora, aurora acquisition corp., better, spac, spacs, special purpose acquisition company, vishal garg

August 24, 2023 @ 8:06 am By Omar Faridi  |  

As the “only” bank in Denmark, Lunar has decided to offer positive interest rates on all types of accounts without any demands for tying up the funds. Lunar is reportedly “removing the upper limit on deposit interest rates, allowing all paying customers access to positive… Read More

 Tagged Anne Marie Kindberg, banking, denmark, deposits, digital financial services, europe, financial services, interest rates, lunar

August 24, 2023 @ 6:22 am By Omar Faridi  |  

Salesforce has collaborated with BNY Mellon’s Pershing X, a startup technology unit within BNY Mellon | Pershing, “to build two new client onboarding and engagement apps that will power connected and data-driven experiences for wealth management clients.” When available, the apps will integrate Pershing X’s… Read More

 Tagged bny mellon, client onboarding, data, pershing x, salesforce, wealth management